Green Dot Corporation is an issuer of prepaid MasterCard and Visa cards in the United States. It also transfers individuals' direct deposit funds (such as Social Security payments) from the US government to personal bank accounts. The cards may be used like normal debit or credit cards, but they are not backed by a checking account or line of credit. Purchases are deducted from the balance stored on the card. The user can add more money to the card by paying cash at a retail store's point of sale, or in certain cases from their paycheck.

Company Growth (employees)
Type
Public
HQ
Pasadena, US
Founded
1999
Size (employees)
974 (est)
Green Dot was founded in 1999 and is headquartered in Pasadena, US

Key People at Green Dot

Steve Streit

Steve Streit

Founder and CEO, Board of Directors
Benson Riseman

Benson Riseman

Co-founder
John Ricci

John Ricci

General Council
Kostas Sgoutas

Kostas Sgoutas

CPO

Green Dot Office Locations

Green Dot has an office in Pasadena
Pasadena, US (HQ)
3465 E. Foothill Blvd.

Green Dot Data and Metrics

Green Dot Financial Metrics

Green Dot's revenue was reported to be $253 m in Q1, 2017
USD

Revenue (Q1, 2017)

253 m

Net income (Q1, 2017)

40.8 m

EBIT (Q1, 2017)

61.4 m

Market capitalization (21-Sep-2017)

2.5 b
Green Dot's current market capitalization is $2.5 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

363.9 m467.4 m546.3 m573.6 m601.6 m694.7 m718.8 m

Revenue growth, %

28%17%5%5%15%3%

Sales and marketing expense

249.1 m

Operating expense total

249.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

147 m144.7 m227.2 m170.2 m146.4 m228 m173.5 m154.5 m253 m

Sales and marketing expense

57.2 m55.6 m61.3 m55.8 m52.9 m63.9 m63.1 m56.7 m71.7 m

Operating expense total

57.2 m55.6 m61.3 m55.8 m52.9 m63.9 m63.1 m56.7 m71.7 m

EBIT

21.7 m13.3 m65.9 m6.9 m(1.7 m)54.5 m12.9 m(517 k)61.4 m
USDY, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

223 m293.6 m423.5 m724.2 m772.1 m

Accounts Receivable

46.4 m48.9 m42.2 m40.2 m

Current Assets

666.1 m1 b975.3 m1 b

PP&E

60.5 m77.3 m78.9 m82.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Accounts Receivable

33.5 m33.2 m38.2 m23.2 m21.8 m27.7 m28.4 m24.9 m21.3 m

Current Assets

899.3 m895.2 m1 b946 m798.6 m975.6 m808.4 m823.6 m1 b

PP&E

61.3 m62.8 m79.8 m76.7 m78.1 m79.1 m80.1 m81.6 m88.4 m

Total Assets

1.1 b1.1 b1.7 b1.7 b1.5 b1.7 b1.5 b1.6 b1.9 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

34 m42.7 m38.4 m41.6 m

Depreciation and Amortization

27.1 m37 m

Accounts Receivable

(48 m)(30 m)(54 m)(74.9 m)

Cash From Operating Activities

122.5 m69 m156.7 m111.5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

29.6 m43.5 m40.8 m44.3 m44.5 m32.9 m40.9 m42.9 m40.8 m

Depreciation and Amortization

15.6 m24.2 m

Accounts Receivable

3.5 m(6.4 m)(2.3 m)(3.8 m)(17.3 m)(2.4 m)(26.3 m)(43.3 m)5.5 m

Cash From Operating Activities

24.5 m46.8 m84.3 m118.2 m113.7 m71 m90.4 m100.1 m94.9 m
USDY, 2017

Revenue/Employee

259.8 k

Financial Leverage

2.7 x
Show all financial metrics

Green Dot Operating Metrics

Green Dot's Total Loans Issued was reported to be $9.1 m in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Active Cards

4.72 m5.38 m4.8 m4.51 m4.5 m4.75 m4.28 m4.09 m4.13 m5.05 m5.15 m

Non-performing Loans

$4 k$31 k$32 k$62 k$19 k$2 k

Transactions

50.13 m10.09 m9.55 m9.53 m38.88 m9.71 m9.35 m9.36 m37.79 m9.3 m9.55 m

Locations

100 k100 k100 k
Show all operating metrics

Green Dot Market Value History

Green Dot Revenue Breakdown

Green Dot Job Categories

Green Dot Median Salaries

Source: 58 public H-1B filings from Green Dot

Traffic Overview of Green Dot

Green Dot Online and Social Media Presence

Green Dot News and Updates

Square's banking push could help it achieve goals (SQ)

This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Square is applying for a US banking license, signifying the beginning of the firm’s long-speculated push into financial services, according to Finext…

Square will apply for an industrial loan company license this week

 There’s been a lot of questions about whether or not Square aspires to become a bank. Now that speculation can be laid to rest. Square will file an application to become an industrial loan company (also referred to as industrial banks) with the Federal Deposit Insurance Corporation. Read More

Samsung Galaxy Note 4 refurbished batteries get recalled due to overheating concerns

 This is probably the last bit of news Samsung wanted to pop up in headlines in the weeks leading up to the Note 8 launch. Though, to be fair, this latest battery recall isn’t on Samsung. The US Consumer Product Safety Commission has issued a recall for refurbished Galaxy Note 4 batteries. However, …

Lyft adds pickup suggestions for smoother ride routing

 Lyft will offer pickup suggestions in the latest version of the Android or iOS app, making it easier for drivers to pick riders up without having to do traffic gymnastics, while also hopefully saving riders time. The pickup suggestions only trigger when it’ll actually save you time as a rider, Lyft…

Why I love the Detroit startup scene

GUEST: People often ask me, “Why did you move from San Francisco to, uh, Detroit?” The answer is easy. In 10 years, San Francisco will be as good as it is today, but Detroit will be a roaring city once again, defining a new technology hub at the intersection of steel and bits. When choosing to […]

Facebook Messenger debuts a new look focused on improving navigation

 Facebook Messenger is getting a new look. No, it’s not getting rid of its Stories feature, Messenger Day, but is instead making a series a smaller changes to the way the content on its home screen is organized in an effort to speed navigation and help you pick up where you left off on your last vis…
Show more

Green Dot Company Life and Culture

You may also be interested in