Blackboxstocks Reports 17.4% Revenue Decline, Plans Merger with REalloys Inc.

Blackboxstocks Inc. has reported its financial performance for the fiscal year ending December 31, 2024, revealing a revenue of $2.57 million, a decrease of 17.4% from $3.11 million in 2023. The decline in revenue is attributed to a reduction in subscriber count, which averaged 2,998 for 2024, down 12.1% from the previous year. The average monthly revenue per subscriber also fell to $72.24 from $75.88. The company incurred a net loss of $3.47 million, compared to a net loss of $4.66 million in 2023, indicating a reduction in losses year-over-year.

In terms of operational changes, Blackboxstocks has focused on cost management, resulting in a 34.1% decrease in operating expenses, which fell from $6.74 million in 2023 to $4.44 million in 2024. This reduction was driven by lower software development costs and decreased advertising expenses. The company has also initiated a new educational program aimed at both current and potential subscribers, which is expected to enhance user engagement and retention.

Strategically, Blackboxstocks is pursuing a merger with REalloys Inc., which is anticipated to close in 2025. This merger is expected to significantly alter the company's capital structure, with REalloys' shareholders receiving approximately 92.7% of the post-merger equity. The merger is contingent upon various conditions, including regulatory approvals and the effectiveness of a registration statement with the SEC. Additionally, Blackboxstocks has entered into a Securities Purchase Agreement to secure up to $2.3 million in financing, which will support operational costs and the merger process.

As of March 20, 2025, Blackboxstocks reported a total of 618 record holders of its common stock, with 3,602,874 shares outstanding. The company has not declared any dividends and does not anticipate doing so in the near future. The management has expressed optimism regarding future growth, particularly through the anticipated benefits of the merger and the introduction of new products aimed at both retail and professional traders.

Looking ahead, Blackboxstocks aims to enhance its product offerings and expand its market reach. The company plans to invest in marketing its new mobile application, Stock Nanny, which is designed to provide real-time portfolio alerts for a broader demographic of investors. The management believes that these strategic initiatives, combined with the merger, will position the company for improved financial performance and market competitiveness in the coming years.