Blackboxstocks Inc. Q2 FY2022 earnings call

• Ran a spring breakout sale in March offering $5 first month for new customers, leading to increased subscriber count. - Released a mobile app in April, well-received, with new charting features and alerts added to core product. - Developed new products: Stock Nanny (portfolio alert system), Blackbox Pro (pro market), and a crypto initiative (prioritized). - Purchased 499,028 shares through stock buyback program at an average price of $1.89, total $945,000, with authorized program up to $2.5 million. - Tailored marketing campaigns to emphasize history, positive reviews, and best-in-class status amidst competition.

For the second quarter of 2022, revenues were just under $1.4 million, down ~4% from Q2 2021 but up 10% from Q1 2022. Average subscriber count for Q2 2022 was 6181, compared to 5482 in Q2 2021. Product segments include the core product with marketing initiatives and new products: Stock Nanny (portfolio alert system with larger addressable market), Blackbox Pro (targeting pro market), and a crypto initiative (prioritized behind other products). Revenue contribution details: Core product remains the base, with new products expected to create new revenue streams.

• Bullish on Blackbox, well-positioned to grow core user base and create new revenue streams with new products. - Expect to release Stock Nanny Beta by year-end and Pro version with enhanced features. - Continue investing in new products and operating capabilities, anticipating growth in core product and new offerings.

• Turbulent market conditions impacting investor/trader confidence. - Competition from new trading services cluttering marketing channels, requiring increased marketing spend. - Crypto market instability, leading to prioritization of other products first.

Q: As the market has rebounded, how you saw investor interest return?

A: There has been a slight uptick in membership, but sustained surge expected when market proves bull run. Need to educate prospective users that turbulent markets are good for traders.

Q: Can you quantify how many of the promotional signups actually became full subscribers?

A: As of end of quarter, retained about 1/3 of promotional users, learned marketing lessons for future promotions.

Q: How to separate Blackboxstocks from other services?

A: Highlight 6-year history, 5-star Google reviews, best-in-class status in new video ads, urging prospective users to investigate thoroughly.

Q: Benefit from E-trade integrations?

A: See benefit, word spreads in trading community even with limitations from corporate compliance.

Q: Timeline for new products like Stock Nanny and Blackbox Pro?

A: Stock Nanny Beta expected by year-end, Pro to be released in iterations with enhanced features.

Q: Details on Stock Nanny and Pro features/pricing?

A: Stock Nanny has unique proprietary alerts for portfolio holders, pricing ~$12-$15/month. Pro has enhanced watchlists, advanced charting tools in user-friendly format.

Q: Stock buyback details?

A: Purchased 499,028 shares at average price $1.89, total $945,000, authorized program up to $2.5 million