Last 7 days
-1.8%
Last 30 days
3.7%
Last 90 days
1.3%
Trailing 12 Months
-9.7%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-01 | Unterman Thomas | sold | -45,255 | 60.34 | -750 | - |
2023-08-31 | Unterman Thomas | sold | -45,000 | 60.00 | -750 | - |
2023-08-21 | Woodhams Mark | sold | -29,016 | 52.00 | -558 | chief revenue officer |
2023-08-18 | Woodhams Mark | sold (taxes) | -76,490 | 52.07 | -1,469 | chief revenue officer |
2023-08-18 | Tucker Therese | sold (taxes) | -184,692 | 52.07 | -3,547 | co-ceo |
2023-08-18 | Partin Mark | sold (taxes) | -155,741 | 52.07 | -2,991 | chief financial officer |
2023-08-18 | PRAGER MORGAN KAROLE | sold (taxes) | -70,138 | 52.07 | -1,347 | chief legal and administrative |
2023-08-18 | Villanova Patrick | sold (taxes) | -23,900 | 52.07 | -459 | chief accounting officer |
2023-05-22 | Woodhams Mark | sold | -29,730 | 53.28 | -558 | chief revenue officer |
2023-05-22 | HIRSCH PETER | sold | -74,432 | 53.28 | -1,397 | chief technology officer |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-21 | Baystate Wealth Management LLC | unchanged | - | -893 | 3,606 | -% |
2023-09-20 | BARCLAYS PLC | reduced | -19.54 | -14,390,000 | 26,138,000 | 0.02% |
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | -67.00 | 269 | -% |
2023-09-01 | Portside Wealth Group, LLC | new | - | 426,525 | 426,525 | 0.08% |
2023-08-22 | COMERICA BANK | sold off | - | - | - | -% |
2023-08-21 | BOKF, NA | sold off | -100 | -18,735 | - | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -7.94 | -497,422 | 1,401,610 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -9.26 | -1,290,200 | 3,439,850 | -% |
2023-08-17 | Orion Portfolio Solutions, LLC | reduced | -10.7 | -752,829 | 1,895,160 | 0.02% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -20.46 | -6,596,780 | 11,601,200 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Jul 10, 2023 | vanguard group inc | 10.38% | 6,277,625 | SC 13G/A | |
Feb 14, 2023 | clearlake capital group, l.p. | 9.6% | 5,712,300 | SC 13G | |
Feb 14, 2023 | tucker therese | 7.9% | 4,750,294 | SC 13G/A | |
Feb 14, 2023 | kayne anderson rudnick investment management llc | 3.69% | 2,203,641 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 8.92% | 5,332,091 | SC 13G/A | |
Feb 01, 2023 | blackrock inc. | 6.6% | 3,965,756 | SC 13G/A | |
Feb 11, 2022 | kayne anderson rudnick investment management llc | 5.36% | 3,141,183 | SC 13G/A | |
Feb 11, 2022 | tucker therese | 7.9% | 4,694,625 | SC 13G/A | |
Feb 09, 2022 | vanguard group inc | 8.64% | 5,065,198 | SC 13G/A | |
Feb 03, 2022 | blackrock inc. | 7.0% | 4,122,529 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 01, 2023 | 4 | Insider Trading | |
Sep 01, 2023 | 4 | Insider Trading | |
Sep 01, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 31, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 25, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 23, 2023 | 8-K | Current Report | |
Aug 21, 2023 | 4 | Insider Trading | |
Aug 21, 2023 | 4 | Insider Trading | |
Aug 21, 2023 | 4 | Insider Trading | |
Aug 21, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MSFT | 2.4T | 211.9B | -3.06% | 31.92% | 32.56 | 11.12 | 6.88% | -0.52% |
ADBE | 233.9B | 18.4B | -3.36% | 78.67% | 48.18 | 12.69 | 10.40% | -0.72% |
AZPN | - | - | 2.13% | -11.05% | - | - | - | - |
ORCL | 298.6B | 51.0B | -7.48% | 65.97% | 31.85 | 5.86 | 15.41% | 61.40% |
CRM | 201.3B | 33.1B | -1.29% | 37.48% | 127.55 | 6.09 | 14.81% | 194.40% |
ZM | 20.6B | 4.5B | 1.00% | -7.63% | 145.3 | 4.61 | 3.92% | -85.69% |
MID-CAP | ||||||||
APPN | 3.1B | 506.6M | -9.24% | 0.09% | -19.9 | 6.19 | 20.13% | -27.36% |
MANH | 12.0B | 848.2M | 0.06% | 48.06% | 82.16 | 14.14 | 19.21% | 23.01% |
GWRE | 7.2B | 905.3M | 8.47% | 47.00% | -46.12 | 7.9 | 11.41% | -3.11% |
SMALL-CAP | ||||||||
ZUO | 1.1B | 415.3M | -12.81% | 12.99% | -6.16 | 2.77 | 11.66% | -68.02% |
YEXT | 776.6M | 403.2M | -26.62% | 38.75% | -32.42 | 1.93 | 0.77% | 74.48% |
UPLD | 130.9M | 309.9M | 46.35% | -51.45% | -0.71 | 0.42 | -0.26% | -219.50% |
-0.3%
-14.4%
90.4%
77.3%
19.6%
Y-axis is the maximum loss one would have experienced if Blackline was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 3.0% | 557,783,000 | 541,686,000 | 522,938,000 | 498,307,000 | 473,441,000 | 447,086,000 | 425,706,000 | 406,090,000 | 386,845,000 | 367,995,000 | 351,737,000 | 336,285,000 | 321,053,000 | 307,445,000 | 288,976,000 | 271,034,000 | 254,843,000 | 240,633,000 | 227,788,000 | 215,489,000 | 202,179,000 |
Gross Profit | 2.9% | 419,607,000 | 407,703,000 | 393,553,000 | 374,313,000 | 357,436,000 | 340,432,000 | 327,835,000 | 317,009,000 | 305,219,000 | 293,198,000 | 282,765,000 | 271,374,000 | 257,832,000 | 246,023,000 | 230,001,000 | 213,295,000 | 198,879,000 | 187,747,000 | 176,914,000 | 167,553,000 | 156,889,000 |
S&GA Expenses | -1.3% | 255,515,000 | 258,766,000 | 256,862,000 | 246,777,000 | 231,036,000 | 214,218,000 | 202,620,000 | 191,792,000 | 185,581,000 | 178,225,000 | 174,581,000 | 173,148,000 | 172,408,000 | 167,774,000 | 158,837,000 | 150,610,000 | 140,471,000 | 135,429,000 | 128,808,000 | 119,193,000 | 119,532,000 |
R&D Expenses | -1.0% | 109,650,000 | 110,750,000 | 108,893,000 | 101,582,000 | 92,704,000 | 83,597,000 | 77,322,000 | 74,652,000 | 70,638,000 | 63,690,000 | 56,464,000 | 48,735,000 | 45,464,000 | 44,446,000 | 43,006,000 | 41,447,000 | 37,150,000 | 34,132,000 | 30,754,000 | 28,035,000 | 26,657,000 |
EBITDA | -100.0% | - | 24,310,000 | 1,255,000 | -30,817,000 | -12,040,000 | -14,416,000 | -10,786,000 | -2,394,000 | -11,529,000 | -6,208,000 | 5,503,000 | 8,330,000 | 4,167,000 | 6,862,333 | -497,000 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.04 | 0.00 | -0.06 | -0.03 | -0.03 | -0.03 | -0.01 | -0.03 | -0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.00 | - | - | - | - | - | - |
Interest Expenses | 0.2% | 5,871,000 | 5,858,000 | 5,850,000 | 20,749,000 | 35,377,000 | 49,588,000 | 62,945,000 | 52,553,000 | 42,357,000 | 32,430,000 | 23,311,000 | 22,984,000 | 20,076,000 | 19,113,333 | 8,650,000 | 6,012,000 | - | - | 4,000 | 4,000 | 10,000 |
Earnings Before Taxes | 152.2% | 14,206,000 | -27,221,000 | -47,411,000 | -89,505,000 | -80,919,000 | -93,737,000 | -100,859,000 | -81,399,000 | -78,773,000 | -61,502,000 | -38,700,000 | -33,740,000 | -35,144,000 | -32,406,000 | -30,421,000 | -30,340,000 | -26,077,000 | -29,157,000 | -27,704,000 | -23,840,000 | -31,420,000 |
EBT Margin | 100.0% | - | -0.05 | -0.09 | -0.18 | -0.17 | -0.21 | -0.24 | -0.20 | -0.20 | -0.17 | -0.11 | -0.10 | -0.11 | -0.11 | -0.11 | - | - | - | - | - | - |
Net Income | 132.3% | 10,126,000 | -31,388,000 | -29,391,000 | -77,705,000 | -71,427,000 | -86,208,000 | -115,161,000 | -95,136,000 | -90,146,000 | -73,032,000 | -46,911,000 | -39,112,000 | -39,567,000 | -36,597,000 | -32,535,000 | -31,492,000 | -27,052,000 | -30,243,000 | -28,714,000 | -24,737,000 | -32,045,000 |
Net Income Margin | 100.0% | - | -0.06 | -0.06 | -0.16 | -0.15 | -0.19 | -0.27 | -0.23 | -0.23 | -0.20 | -0.13 | -0.12 | -0.12 | -0.12 | -0.11 | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 67,582,000 | 45,039,000 | 39,111,000 | 30,973,000 | 42,603,000 | 71,364,000 | 63,584,000 | 71,483,000 | 68,266,000 | 48,222,000 | 44,461,000 | 31,345,000 | 30,534,000 | 25,092,000 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 2.2% | 1,975 | 1,933 | 1,944 | 1,878 | 1,874 | 1,870 | 1,818 | 1,750 | 1,732 | 1,709 | 1,114 | 1,047 | 1,033 | 1,011 | 1,015 | 976 | 524 | 505 | 493 | 475 | 464 |
Current Assets | 3.3% | 1,284 | 1,243 | 1,250 | 1,177 | 1,172 | 1,171 | 1,348 | 1,301 | 1,287 | 1,267 | 674 | 754 | 740 | 721 | 723 | 689 | 236 | 219 | 222 | 204 | 193 |
Cash Equivalents | -8.1% | 205 | 223 | 201 | 191 | 208 | 366 | 540 | 379 | 643 | 848 | 367 | 408 | 472 | 311 | 121 | 528 | 63.00 | 50.00 | 46.00 | 38.00 | 29.00 |
Net PPE | -10.3% | 17.00 | 19.00 | 20.00 | 21.00 | 20.00 | 16.00 | 16.00 | 13.00 | 12.00 | 13.00 | 13.00 | 11.00 | 12.00 | 13.00 | 13.00 | 13.00 | 14.00 | 14.00 | 14.00 | 13.00 | 14.00 |
Goodwill | 0% | 444 | 444 | 444 | 444 | 444 | 444 | 290 | 290 | 290 | 290 | 290 | 105 | 185 | 185 | 185 | 185 | 185 | 185 | 185 | 185 | 185 |
Liabilities | -0.8% | 1,773 | 1,787 | 1,808 | 1,775 | 1,771 | 1,779 | 1,464 | 1,388 | 1,377 | 1,351 | 679 | 622 | 616 | 608 | 611 | 575 | 192 | 180 | 170 | 152 | 150 |
Current Liabilities | -2.3% | 355 | 364 | 368 | 315 | 328 | 339 | 323 | 256 | 260 | 248 | 242 | 204 | 203 | 200 | 207 | 178 | 175 | 163 | 159 | 143 | 141 |
Shareholder's Equity | 50.7% | 176 | 117 | 112 | 78.00 | 79.00 | 66.00 | 325 | 341 | 337 | 340 | 422 | 417 | 410 | 396 | 399 | 394 | 325 | 318 | 319 | 322 | 314 |
Retained Earnings | 9.9% | -252 | -279 | -272 | -283 | -264 | -252 | -301 | -269 | -259 | -234 | -201 | -189 | -181 | -174 | -163 | -152 | -144 | -139 | -132 | -122 | -118 |
Additional Paid-In Capital | 8.3% | 429 | 396 | 386 | 364 | 344 | 318 | 626 | 609 | 596 | 573 | 623 | 605 | 590 | 570 | 561 | 548 | 471 | 459 | 452 | 445 | 432 |
Shares Outstanding | 0.8% | 61.00 | 60.00 | 60.00 | 60.00 | 59.00 | 59.00 | 59.00 | 59.00 | 58.00 | 58.00 | 58.00 | 57.00 | 57.00 | 56.00 | 56.00 | 55.00 | 55.00 | 55.00 | 55.00 | 54.00 | 54.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 23.7% | 97.00 | 79.00 | 56.00 | 52.00 | 45.00 | 52.00 | 80.00 | 73.00 | 77.00 | 75.00 | 55.00 | 48.00 | 36.00 | 35.00 | 30.00 | 26.00 | 21.00 | 17.00 | 16.00 | 14.00 | 13.00 |
Share Based Compensation | -0.8% | 80.00 | 80.00 | 76.00 | 74.00 | 71.00 | 67.00 | 66.00 | 63.00 | 59.00 | 55.00 | 50.00 | 45.00 | 42.00 | 37.00 | 34.00 | 31.00 | 26.00 | 23.00 | 21.00 | 18.00 | 18.00 |
Cashflow From Investing | 51.1% | -105 | -215 | -395 | -245 | -485 | -539 | -506 | -702 | -509 | -146 | 174 | -183 | -85.06 | -226 | -408 | 10.00 | -3.82 | -11.51 | -15.98 | -11.76 | -14.42 |
Cashflow From Financing | 170.2% | 4.00 | -5.89 | 1.00 | 5.00 | 6.00 | 5.00 | 599 | 601 | 604 | 609 | 19.00 | 16.00 | 457 | 452 | 453 | 453 | 16.00 | 13.00 | 15.00 | 11.00 | 7.00 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenues | ||||
Total revenues | $ 144,574 | $ 128,477 | $ 283,558 | $ 248,713 |
Cost of revenues | ||||
Total cost of revenues | 37,116 | 32,923 | 72,387 | 63,596 |
Gross profit | 107,458 | 95,554 | 211,171 | 185,117 |
Operating expenses | ||||
Sales and marketing | 62,749 | 66,000 | 124,680 | 126,027 |
Research and development | 26,802 | 27,902 | 53,907 | 53,150 |
General and administrative | (148) | 14,345 | 28,828 | 43,997 |
Restructuring costs | 135 | 0 | 1,149 | 0 |
Total operating expenses | 89,538 | 108,247 | 208,564 | 223,174 |
Income (loss) from operations | 17,920 | (12,693) | 2,607 | (38,057) |
Other income (expense) | ||||
Interest income | 12,542 | 1,715 | 23,207 | 2,233 |
Interest expense | (1,470) | (1,457) | (2,925) | (2,904) |
Other income (expense), net | 11,072 | 258 | 20,282 | (671) |
Income (loss) before income taxes | 28,992 | (12,435) | 22,889 | (38,728) |
Provision for (benefit from) income taxes | 926 | (464) | 1,554 | (13,326) |
Net income (loss) | 28,066 | (11,971) | 21,335 | (25,402) |
Net income (loss) attributable to redeemable non-controlling interest | 320 | (121) | 405 | (124) |
Adjustment attributable to redeemable non-controlling interest | (3,103) | (1,185) | 2,089 | (4,602) |
Net income (loss) attributable to BlackLine, Inc. | $ 30,849 | $ (10,665) | $ 18,841 | $ (20,676) |
Basic net income (loss) per share attributable to BlackLine, Inc. (in usd per share) | $ 0.51 | $ (0.18) | $ 0.31 | $ (0.35) |
Shares used to calculate basic net income (loss) per share (in shares) | 60,700 | 59,441 | 60,445 | 59,283 |
Diluted net income (loss) per share attributable to BlackLine, Inc. (in usd per share) | $ 0.45 | $ (0.18) | $ 0.30 | $ (0.35) |
Shares used to calculate diluted net income (loss) per share (in shares) | 71,801 | 59,441 | 71,801 | 59,283 |
Subscription and support | ||||
Revenues | ||||
Total revenues | $ 135,881 | $ 120,683 | $ 266,307 | $ 234,208 |
Cost of revenues | ||||
Total cost of revenues | 30,630 | 25,795 | 59,142 | 49,951 |
Professional services | ||||
Revenues | ||||
Total revenues | 8,693 | 7,794 | 17,251 | 14,505 |
Cost of revenues | ||||
Total cost of revenues | $ 6,486 | $ 7,128 | $ 13,245 | $ 13,645 |
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 204,514 | $ 200,968 |
Marketable securities (amortized cost of $923,044 and $875,456 at June 30, 2023 and December 31, 2022, respectively) | 921,737 | 874,083 |
Accounts receivable, net of allowances of $2,934 and $2,282 at June 30, 2023 and December 31, 2022, respectively | 129,798 | 150,858 |
Prepaid expenses and other current assets | 27,697 | 23,658 |
Total current assets | 1,283,746 | 1,249,567 |
Capitalized software development costs, net | 36,349 | 32,070 |
Property and equipment, net | 17,009 | 19,811 |
Intangible assets, net | 80,645 | 90,864 |
Goodwill | 443,861 | 443,861 |
Operating lease right-of-use assets | 21,272 | 14,708 |
Other assets | 92,484 | 92,775 |
Total assets | 1,975,366 | 1,943,656 |
Current liabilities: | ||
Accounts payable | 7,899 | 14,964 |
Accrued expenses and other current liabilities | 45,152 | 58,600 |
Deferred revenue, current | 280,050 | 279,325 |
Finance lease liabilities, current | 1,031 | 989 |
Operating lease liabilities, current | 4,394 | 5,943 |
Contingent consideration, current | 16,510 | 8,000 |
Total current liabilities | 355,036 | 367,821 |
Finance lease liabilities, noncurrent | 266 | 785 |
Operating lease liabilities, noncurrent | 17,855 | 9,292 |
Convertible senior notes, net | 1,387,047 | 1,384,306 |
Contingent consideration, noncurrent | 2,610 | 33,549 |
Deferred tax liabilities, net | 5,618 | 5,568 |
Deferred revenue, noncurrent | 643 | 343 |
Other long-term liabilities | 3,641 | 6,229 |
Total liabilities | 1,772,716 | 1,807,893 |
Commitments and contingencies (Note 12) | ||
Redeemable non-controlling interest (Note 3) | 26,288 | 23,895 |
Stockholders' equity: | ||
Common stock, $0.01 par value, 500,000,000 shares authorized, 60,947,365 and 60,016,824 issued and outstanding at June 30, 2023 and December 31, 2022, respectively | 610 | 600 |
Additional paid-in capital | 429,320 | 385,709 |
Accumulated other comprehensive loss | (1,529) | (1,472) |
Accumulated deficit | (252,039) | (272,969) |
Total stockholders' equity | 176,362 | 111,868 |
Total liabilities, redeemable non-controlling interest, and stockholders' equity | $ 1,975,366 | $ 1,943,656 |