Coinbase Global (COIN) Prepaid Assets (2020 - 2023)
Coinbase Global's Prepaid Assets was $148.81 million in Q4 2023, down 31.4% from $217.05 million a year earlier and down 5.6% from the prior quarter.
Analysis
Coinbase Global (COIN) Prepaid Assets (2020 - 2023) Analysis & Trends
From Q4 2020 onward, Coinbase Global has reported Prepaid Assets for 13 quarters.
- Prepaid Assets shows a three-year compound annual growth rate of 55.6% (FY2020 to FY2023).
- In earlier years, Prepaid Assets was $217.05 million in FY2022 (+59.8%), $135.85 million in FY2021 (+243.8%) and $39.51 million in FY2020.
- The Q4 2023 figure marks the lowest quarterly Prepaid Assets since Q2 2022.
- Compared with a year earlier, Prepaid Assets was higher in six of the last eight quarters, with growth averaging 56.8%.
- The best year-over-year quarter for Prepaid Assets over five years was Q4 2021 (growth of 243.8%); the worst was Q3 2023 (a decline of 43.1%).
- Per Business Quant data, COIN's Prepaid Assets in the three quarters before Q4 2023 was $157.71 million (Q3 2023), $175.4 million (Q2 2023) and $219.08 million (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | PayPal Holdings | 49.13 Bn | 7.35 Bn | - |
| 2 | Coinbase Global | 47.76 Bn | 4.56 Bn | - |
| 3 | Block | 45.70 Bn | 17.00 Bn | 3.17 Bn |
| 4 | Corpay | 26.29 Bn | 16.18 Bn | - |
| 5 | Fiserv | 24.72 Bn | 21.40 Bn | 2.90 Bn |
| 6 | Global Payments | 22.09 Bn | -116.44 Mn | 2.03 Bn |
| 7 | Guidewire Software | 13.94 Bn | 10.51 Bn | 269.68 Mn |
| 8 | Bitmine Immersion Technologies | 13.09 Bn | 10.47 Bn | 40.81 Mn |
| 9 | Chime Financial | 11.27 Bn | 7.07 Bn | 594.87 Mn |
| 10 | Jack Henry & Associates | 10.91 Bn | 10.82 Bn | 273.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 148.81 Mn |
| Sep 30, 2023 | 157.71 Mn |
| Jun 30, 2023 | 175.40 Mn |
| Mar 31, 2023 | 219.08 Mn |
| Dec 31, 2022 | 217.05 Mn |
| Sep 30, 2022 | 277.04 Mn |
| Jun 30, 2022 | 146.46 Mn |
| Mar 31, 2022 | 191.07 Mn |
| Dec 31, 2021 | 135.85 Mn |
| Sep 30, 2021 | 105.17 Mn |
| Jun 30, 2021 | 114.75 Mn |
| Mar 31, 2021 | 55.66 Mn |
| Dec 31, 2020 | 39.51 Mn |
API Access
Coinbase Global Prepaid Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=prepaid-assets&ticker=COIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "ticker": "COIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=prepaid-assets&ticker=COIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();