| Market Capitalization (Millions $) |
111,735 |
| Shares
Outstanding (Millions) |
915 |
| Employees |
2,900 |
| Revenues (TTM) (Millions $) |
4,613 |
| Net Income (TTM) (Millions $) |
1,901 |
| Cash Flow (TTM) (Millions $) |
2,891 |
| Capital Exp. (TTM) (Millions $) |
73 |
Business Description
Robinhood Markets Inc. is a US-based financial services company that allows retail investors to trade in stocks, options, cryptocurrencies, and exchange-traded funds (ETFs) with zero commission fees. The company was founded in 2013 by Vlad Tenev and Baiju Bhatt with the aim of democratizing finance and making trading accessible to everyone. Robinhood is headquartered in Menlo Park, California, and has additional offices in Lake Mary, Florida, and Denver, Colorado.
Robinhood's platform offers a simple and user-friendly interface that allows traders to buy and sell securities with just a few taps on their phone. The company's business model is based on offering commission-free trades and earning revenue through order flow payments, interest on cash balances, and subscription-based services like Robinhood Gold.
In addition to its trading platform, Robinhood also offers its customers access to educational resources such as tutorials, news articles, and a community forum where traders can share ideas and strategies. The company also offers cryptocurrency trading, and has recently introduced a new feature called Robinhood Crypto, which allows customers to buy and sell Bitcoin, Ethereum, and other cryptocurrencies with no commission fees.
One of the unique aspects of Robinhood is its social impact initiatives, which include donating a portion of its profits to charitable causes and investing in programs that aim to improve financial literacy.
The company has faced criticism in the past for its business practices, including accusations of promoting high-risk trading and of failing to prevent customer losses due to technical glitches on its platform. However, Robinhood has continued to grow rapidly and has attracted millions of users who view it as a disruptor of the traditional brokerage industry.
As of 2021, Robinhood has over 13 million registered users and a valuation of over $11 billion. The company has also faced increased scrutiny from regulators and lawmakers in recent months, due in part to its role in the GameStop trading frenzy that captured the attention of the financial world in early 2021. Robinhood has since gone public and is now listed on the NASDAQ under the ticker symbol "HOOD".
Company Address: 85 Willow Rd Zagreb 94025 City of Zagreb
Company Phone Number: 428-5411 Stock Exchange / Ticker: NASDAQ HOOD
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15.53% 
58.39 %