5-Year Financial Model
Full projection model with unit economics, revenue breakdown, and growth assumptions — seeded from live Q1 2026 data.
Executive Summary
Buy BLK is projecting a path from $25K GMV (Q1 2026 actual) to $900M GMV by 2030, driven by marketplace network effects, a ~28% blended take rate, and recurring vendor subscription revenue.
$900M
2030 GMV
Gross Merchandise Volume
$176M
2030 Revenue
Platform + Subscription
$76M
2030 EBITDA
43% margin
70,000
2030 Vendors
Active Black-owned businesses
GMV Growth Trajectory
Quarterly visibility through 2027, then annual
Revenue vs EBITDA (Annual)
Path to profitability achieved in Year 2 (2027)
- Total Revenue
- EBITDA
5-Year Financial Model
Full projection model with unit economics, revenue breakdown, and growth assumptions — seeded from live Q1 2026 data.
Executive Summary
Buy BLK is projecting a path from $25K GMV (Q1 2026 actual) to $900M GMV by 2030, driven by marketplace network effects, a ~28% blended take rate, and recurring vendor subscription revenue.
$900M
2030 GMV
Gross Merchandise Volume
$176M
2030 Revenue
Platform + Subscription
$76M
2030 EBITDA
43% margin
70,000
2030 Vendors
Active Black-owned businesses
GMV Growth Trajectory
Quarterly visibility through 2027, then annual
Revenue vs EBITDA (Annual)
Path to profitability achieved in Year 2 (2027)