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GreenBox POS (NASDAQ: GBOX) Releases Fourth Quarter and Full Year 2021 Results

  • On March 31, GreenBox POS released the financial results for the three months (“Q4 FY 2021”) and full year (“FY2021”) ended December 31, 2021
  • Company achieved record revenue in 2021 of $26.3 million, an increase of $17.8 million or 208.6% from $8.5 million in 2020   
  • The Q4 FY2021 results build on Q3 2021 figures in which the company reported year-over-year growth in both transaction volume and revenues
  • The financial figures were accompanied by a corporate update and expected prospects for 2022. 

On Thursday, March 31, at 4.30 PM Eastern, investors, stakeholders, and the general public heard about the progress that GreenBox POS (NASDAQ: GBOX), an emerging FinTech company leveraging blockchain technology to offer cutting-edge, customized payment solutions, made in the three months ended December 31, 2021 (“Q4 FY2021”) as well as throughout fiscal year 2021 (“FY2021”). GreenBox achieved record revenue in 2021 of $26.3 million, an increase of $17.8 million or 208.6% from $8.5 million in 2020. Processing volume for 2021 increased nearly tenfold to approximately $2.0 billion, from $202 million in 2020 (https://ccw.fm/r8rzx).

At the same time, GreenBox management hosted a conference call to discuss the financial results, offered a corporate update, and fielded questions from participants. A recording of the conference call was made…

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NOTE TO INVESTORS: The latest news and updates relating to GBOX are available in the company’s newsroom at https://ccw.fm/GBOX

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