Blackline Inc

Blackline Inc

BL · NASDAQ · Technology / Software - Application

29.53USD+1.05 (+3.69%)

Price History

Full chart

Market Stats

Previous Close28.48
Open28.89
Day Range28.64 – 29.71
52-Week Range24.70 – 59.57
Volume1.57M
Market Cap1.62B
P/E (TTM)50.71
Forward P/E48.54
EPS0.55
Dividend Yield0.00%
Beta0.65
50-Day Avg30.36
200-Day Avg36.36

About

BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations in the United States and internationally. It offers financial close and consolidation solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching, which analyzes and reconciles individual transactions; task management to create and manage processes and task lists; and financial reporting analytics that enables analysis and validation of financial data. The company also provides journal entry, which allows users to generate, review, and post manual journal entries; variance analysis that offers anomalous fluctuations in balance sheet and income statement account balances; compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing; and smart close for SAP solution. In addition, it offers credit and risk, collection, dispute and deduction, and team and task management, as well as AR intelligence, electronic invoicing and payment, and cash application solutions. Further, the company provides intercompany create functionality that stores permissions and business logic exceptions by entity, service, and transaction type; intercompany balance and resolve, which records an organization's intercompany transactions; and netting and settlement that enables open intercompany transactions, which integrate with treasury systems. Additionally, it offers implementation, optimization, live and web-based training, and support services. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. The company was incorporated in 2001 and is headquartered in Woodland Hills, California.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Owen M. Ryan CPA
  • Employees1.85K
  • Headquarters21300 Victory Boulevard, Woodland Hills, CA, United States, 91367, USA
  • Websitehttps://www.blackline.com

Leadership

  • Mr. Owen M. Ryan CPAChairman & CEO · b. 1963
  • Ms. Therese TuckerFounder & Director
  • Mr. Patrick VillanovaChief Financial Officer · b. 1978
  • Mr. Jeremy UngChief Technology Officer · b. 1983
  • Ms. Karole Morgan-PragerChief Legal & Administrative Officer and Secretary · b. 1963
  • Mr. Stuart Van HoutenChief Commercial Officer · b. 1967
  • Ms. Michelle D. StalickChief Accounting Officer · b. 1977
  • Mr. Sumit JoharChief Information Officer · b. 1977
  • Mr. Matt Humphries C.F.A.Vice President of Investor Relations
  • Ms. Kimberly UbertiVice President of Global Corporate Communications

Financials

Income Statement

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue31.97M51.68M83.61M123.12M177.03M227.79M288.98M351.74M425.71M522.94M590.00M653.34M700.43M
Growth (%)-+61.66%+61.79%+47.26%+43.78%+28.67%+26.86%+21.72%+21.03%+22.84%+12.82%+10.74%+7.21%
Cost of Revenue10.43M16.60M22.73M30.21M41.49M50.87M58.98M68.97M97.87M129.38M146.79M161.97M173.65M
Gross Profit21.54M35.08M60.88M92.91M135.54M176.91M230.00M282.76M327.83M393.55M443.20M491.37M526.78M
Gross Margin67.37%67.88%72.81%75.46%76.57%77.67%79.59%80.39%77.01%75.26%75.12%75.21%75.21%
Operating Expense31.92M53.26M95.69M126.85M170.60M206.75M257.90M302.66M366.45M449.75M428.86M472.83M493.39M
Operating Income-10.38M-18.18M-34.81M-33.93M-35.06M-29.84M-27.90M-19.89M-38.61M-56.20M14.35M18.54M33.39M
Operating Margin-32.47%-35.18%-41.64%-27.56%-19.80%-13.10%-9.65%-5.66%-9.07%-10.75%2.43%2.84%4.77%
EBITDA-7.94M-4.72M-20.49M-24.20M-12.86M-5.36M-497.00K5.50M-10.79M1.25M116.51M183.80M105.57M
EBITDA Margin-24.84%-9.14%-24.51%-19.66%-7.26%-2.35%-0.17%1.56%-2.53%0.24%19.75%28.13%15.07%
Net Income-16.67M-16.75M-24.73M-39.16M-38.06M-27.80M-32.53M-46.91M-115.16M-29.39M52.83M161.17M24.52M
Net Income Margin-52.15%-32.42%-29.58%-31.80%-21.50%-12.21%-11.26%-13.34%-27.05%-5.62%8.95%24.67%3.50%
R&D7.24M9.71M18.22M21.13M23.87M30.75M43.01M56.46M77.32M108.89M103.21M100.97M112.44M
R&D as % of Total Revenue22.66%18.78%21.79%17.16%13.49%13.50%14.88%16.05%18.16%20.82%17.49%15.45%16.05%
Interest Expense03.05M3.21M5.94M13.00K4.00K8.65M23.31M62.95M5.85M5.90M8.76M10.15M
Interest Expense % of Total Revenue0.00%5.90%3.85%4.82%0.01%0.00%2.99%6.63%14.79%1.12%1.00%1.34%1.45%

Balance Sheet

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets276.49M285.55M286.75M420.44M440.88M493.87M1.01B1.11B1.82B1.94B2.10B1.83B1.76B
Total Liabilities82.64M101.60M120.58M129.03M146.26M167.91M611.03M678.91M1.46B1.81B1.81B1.34B1.39B
Total Equity193.85M183.95M166.17M291.41M294.63M321.57M398.61M422.07M325.04M111.87M260.88M446.67M332.33M
Cash14.86M25.71M15.21M22.12M31.10M46.18M120.23M367.41M539.74M200.97M271.12M885.91M390.03M
Total Debt23.13M25.67M29.38M992.00K442.00K-399.89M418.54M1.13B1.40B1.41B916.60M940.26M
Net Debt8.28M-34.00K14.18M-21.13M-30.66M-46.18M279.65M51.12M593.88M1.20B1.14B30.69M550.22M

Cash Flow

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-5.33M8.94M1.01M-4.81M6.42M16.14M29.72M54.73M80.09M56.01M126.61M190.84M169.57M
Investing Cash Flow-148.12M-2.87M-12.37M-119.67M-7.03M-15.98M-408.45M173.59M-506.94M-395.62M-62.48M924.44M-425.29M
Financing Cash Flow164.89M4.78M859.00K131.40M9.59M14.52M452.51M18.86M599.24M1.44M6.15M-500.14M-240.11M
Capital Expenditure1.32M2.87M12.37M4.99M8.63M11.96M9.69M19.42M23.27M30.18M27.60M2.13M8.07M
Free Cash Flow-6.66M6.08M-11.36M-9.80M-2.20M4.18M20.03M35.31M56.83M25.83M99.02M188.71M161.49M
Dividends Paid---00-456.88M-20.45M-15.03M--
FCF to OCF124.77%67.95%-1129.32%203.87%-34.28%25.90%67.39%64.51%70.95%46.12%78.20%98.89%95.24%
Dividend Paid to FCF---0.00%0.00%-2280.75%-35.98%-15.18%--

Earnings

Report DateNov 30, 2016Feb 23, 2017May 4, 2017Aug 3, 2017Nov 2, 2017Feb 15, 2018May 3, 2018Aug 2, 2018Nov 1, 2018Feb 14, 2019May 2, 2019Aug 1, 2019Nov 6, 2019Feb 13, 2020Apr 30, 2020Aug 6, 2020Oct 29, 2020Feb 11, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Feb 10, 2022May 5, 2022Aug 5, 2022Nov 3, 2022Feb 14, 2023May 4, 2023Aug 8, 2023Nov 2, 2023Feb 13, 2024May 7, 2024Aug 6, 2024Nov 7, 2024Feb 11, 2025May 6, 2025Aug 5, 2025Nov 6, 2025Feb 10, 2026May 5, 2026Aug 4, 2026Nov 5, 2026
EPS Estimate-0.09-0.12-0.09-0.10-0.06-0.00-0.03-0.010.000.01-0.010.010.030.130.050.110.110.070.050.080.110.10-0.080.010.090.170.160.290.350.550.470.500.520.500.380.510.510.590.450.220.25
EPS Actual-0.05-0.08-0.06-0.03-0.010.030.010.010.070.030.020.100.120.140.100.200.250.210.110.150.240.080.010.070.210.350.340.410.510.690.540.580.600.470.490.610.510.630.560.19-
Surprise44.44%33.33%33.33%70.00%83.33%2407.69%133.33%200.00%5733.33%200.00%300.00%900.00%300.00%7.69%100.00%81.82%127.27%200.00%120.00%87.50%118.18%-20.00%112.50%600.00%133.33%105.88%112.50%41.38%45.71%25.45%14.89%16.00%15.38%-6.00%28.95%19.61%0.00%6.78%24.44%-13.64%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap1.62B
Enterprise Value1.80B
Trailing P/E50.71
Forward P/E48.54
PEG Ratio4.53
Price / Sales2.21
Price / Book5.17
EPS0.55
Book Value5.42
Revenue (TTM)732.45M
Gross Profit (TTM)553.46M
EBITDA64.47M
Profit Margin4.75%
Operating Margin6.45%
Return on Equity7.03%
Return on Assets1.64%
Shares Outstanding58.13M
Shares Float43.92M
Beta0.65
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 14 analystsTarget 38.80
  • Strong Buy
    4
  • Buy
    2
  • Hold
    6
  • Sell
    2

Ownership Breakdown

Institutions
107.10%
Insiders
9.46%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    7.68M13.21%
  • Clearlake Capital Group LP
    5.71M9.83%
  • Vanguard Portfolio Management, LLC
    4.06M6.99%
  • Fivespan Partners, LP
    3.36M5.79%
  • UBS Group AG
    3.20M5.51%
  • First Manhattan Co. LLC
    2.68M4.61%
  • Vanguard Capital Management, LLC
    2.35M4.04%
  • ICONIQ Capital, LLC
    2.09M3.59%
  • State Street Corp
    2.04M3.51%
  • Neuberger Berman Group LLC
    2.02M3.48%
  • Westwood Holdings Group Inc
    1.46M2.51%
  • Geode Capital Management, LLC
    1.23M2.12%
  • JPMorgan Chase & Co
    1.21M2.08%
  • Hawk Ridge Management LLC
    1.20M2.06%
  • NORGES BANK
    1.09M1.88%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    3.00M5.17%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.69M2.90%
  • iShares Russell 2000 ETF
    1.28M2.20%
  • Vanguard Small Cap Index
    1.21M2.09%
  • Neuberger Genesis Inv
    1.09M1.88%