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BL

64.13USD-1.04(-1.60%)Delayedas of 06 Dec 2022, 11:08 am

Blackline Inc

Market Summary

USD64.13-1.04Delayedas of 06 Dec 2022, 11:08 am
-1.60%

BL Alerts

BL Stock Price

RSI Chart

Valuation

Market Cap

3.4B

Price/Earnings

-47.67

Price/Sales

7.19

Price/Cashflow

75.19

MarketCap/EBT

-42.08

Price/Sales

Profitability

Operating Margin

89.70%

EBT Margin

-17.09%

Return on Equity

-90.2%

Return on Assets

-3.81%

Fundamentals

Revenue

Revenue (TTM)

498.3M

Revenue Y/Y

22.73%

Revenue Q/Q

4.51%

Earnings

Earnings (TTM)

-77.7M

Earnings Y/Y

-45.69%

Earnings Q/Q

-87.71%

Price Action

52 Week Range

48.73110.64
(Low)(High)

Last 7 days

4.2%

Last 30 days

12.6%

Last 90 days

-1.4%

Trailing 12 Months

-37.0%

Financial Health

Current Ratio

3.57

Investor Care

Shares Dilution (1Y)

1.91%

Diluted EPS (TTM)

-1.32

Peers (Alternatives to Blackline)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.8T
203.1B
13.33% -21.82%
25.2
8.66
15.22% 2.81%
208.6B
44.2B
4.51% -8.42%
35.9
4.72
8.12% -58.36%
163.0B
30.3B
-4.18% -48.15%
304.14
5.56
21.26% -84.01%
151.4B
17.2B
16.92% -45.81%
31.46
8.81
13.86% -17.57%
25.1B
4.3B
-5.89% -60.36%
25.38
5.85
11.14% -39.03%
12.1B
693.1M
-3.12% 59.08%
44.35
17.39
-2.84% -14.76%
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
7.5B
740.5M
11.06% -19.63%
67.22
10.14
15.84% 1.13%
5.0B
812.6M
8.31% -48.09%
-33.17
6.14
9.33% -463.42%
3.6B
421.7M
-4.06% -46.83%
-29.08
8.53
27.49% -161.02%
2.6B
506.4M
0.39% 55.58%
-71.14
5.11
10.10% -203.10%
2.4B
308.3M
1.17% 7.67%
-23.19
7.94
13.75% -232.84%
SMALL-CAP
991.7M
371.9M
0.27% -61.40%
-8.92
2.67
15.01% -44.50%
653.0M
399.9M
17.37% -40.62%
-6.96
1.63
4.73% 8.15%
246.7M
310.7M
-8.38% -64.43%
-4.28
0.79
2.66% -1.77%

Financials for Blackline

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue5.3%498473447426406
Gross Profit4.7%374357340328317
  S&GA Expenses6.8%247231214203192
  R&D Expenses9.6%10293847775
Earnings Before Taxes-10.6%-89.50-80.92-93.74-100.86-81.40
Net Income-8.8%-77.70-71.43-86.21-115.16-95.14
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.2%1,8781,8741,8701,8181,750
  Current Assets0.5%1,1771,1721,1711,3481,301
    Cash Equivalents-8.6%191208366540379
  Net PPE4.2%2120161613
  Goodwill0%444444444290290
Liabilities0.2%1,7751,7711,7791,4641,388
  Current Liabilities-4.2%315328339323256
Shareholder's Equity-1.6%787966325341
  Retained Earnings-7.0%-283.37-264.73-252.87-301.73-269.44
  Additional Paid-In Capital5.7%364344318626609
Shares Outstanding0.5%59595959-
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations15.7%5245528073
  Share Based Compensation5.6%7471676663
Cashflow From Investing49.5%-245.29-485.36-539.32-506.94-702.96
Cashflow From Financing-10.2%565599601

Risks

What is the probability of a big loss on BL?

86.2%


Probability that Blackline stock will be more than 20% underwater in next one year

66.2%


Probability that Blackline stock will be more than 30% underwater in next one year.

17.7%


Probability that Blackline stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Blackline was unfortunately bought at previous high price.

Returns

Cumulative Returns on BL

14.4%


5-Year Cumulative Returns

7.9%


3-Year Cumulative Returns

What are the long-term rolling returns for BL?

FIve years rolling returns for Blackline.

Which funds bought or sold BL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
CVA Family Office, LLC
-
-
-4,000
37,000
0.01%
2022-11-21
FourThought Financial, LLC
-
-
7,000
493,000
0.07%
2022-11-21
Parallax Volatility Advisers, L.P.
SOLD OFF
-100
-1,491,000
-
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-818,000
4,211,000
0.01%
2022-11-17
M&T Bank Corp
-
-
-123,000
788,000
-%
2022-11-17
CENTRAL TRUST Co
SOLD OFF
-100
-
-
-%
2022-11-17
Grandeur Peak Global Advisors, LLC
SOLD OFF
-100
-809,000
-
-%
2022-11-16
Advisors Capital Management, LLC
ADDED
40.83
665,000
2,606,000
0.07%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
16.39
17,000
394,000
-%
2022-11-16
GLENMEDE TRUST CO NA
REDUCED
-6.18
-131,000
708,000
-%

1–10 of 39

Latest Funds Activity

Are funds buying BL calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own BL

Blackline News

Simply Wall St

A Look At The Fair Value Of BlackLine, Inc. (NASDAQ:BL).6 hours ago

BL Fair Value

Recent SEC filings of Blackline

View All Filings
Date Filed Form Type Document
Nov 21, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 07, 2022
4
Insider Trading
Nov 04, 2022
10-Q
Quarterly Report
Nov 03, 2022
8-K
Current Report

Latest Insider Trading transactions for BL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-01
Unterman Thomas
ACQUIRED
41,370
41.37
1,000
-
2022-12-01
Unterman Thomas
SOLD FOR TAXES
-20,710.2
67.46
-307
-
2022-12-01
Unterman Thomas
SOLD
-33,730
67.46
-500
-
2022-11-21
HIRSCH PETER
SOLD
-119,321
59.75
-1,997
Chief Technology Officer
2022-11-21
Woodhams Mark
SOLD
-30,771.2
59.75
-515
Chief Revenue Officer
2022-11-18
Woodhams Mark
SOLD FOR TAXES
-82,125.6
60.52
-1,357
Chief Revenue Officer
2022-11-18
PRAGER MORGAN KAROLE
SOLD FOR TAXES
-71,958.3
60.52
-1,189
Chief Legal and Administrative
2022-11-18
HIRSCH PETER
SOLD FOR TAXES
-118,512
60.25
-1,967
Chief Technology Officer
2022-11-18
Villanova Patrick
SOLD FOR TAXES
-30,078.4
60.52
-497
Chief Accounting Officer
2022-11-18
Partin Mark
SOLD FOR TAXES
-177,808
60.52
-2,938
Chief Financial Officer

1–10 of 50

Marc E. Huffman
1560
BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. It offers financial close management solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching that analyzes and reconciles high volumes of individual transactions; and task management to create and manage processes and task lists. The company's financial close management solutions also include journal entry that allows users to generate, review, and post manual journal entries; variance analysis that monitors and identifies anomalous fluctuations in balance sheet and income statement account balances; consolidation integrity manager that manages the automated system-to-system tie-out process that occurs during the consolidation phase of the financial close; and compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing. In addition, it offers accounts receivable automation solutions, which include cash application, credit and risk management, collections management, disputes and deductions, team and task management, and AR intelligence solutions. Further, the company provides intercompany workflow that stores permissions by entity and transaction type thereby ensuring both the initiator and the approver of the intercompany transaction are authorized to conduct business; intercompany processing, which records an organization's intercompany transactions; and netting and settlement that generates a real-time settlement matrix, which shows the balance of transactions. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California.

BL Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues    
Total revenues$ 134,268$ 109,402$ 382,981$ 310,380
Cost of revenues    
Total cost of revenues32,42624,43796,02269,899
Gross profit101,84284,965286,959240,481
Operating expenses    
Sales and marketing64,54048,799190,567146,410
Research and development27,72118,84380,87156,611
General and administrative31,00011,37274,99759,886
Total operating expenses123,26179,014346,435262,907
Income (loss) from operations(21,419)5,951(59,476)(22,426)
Other income (expense)    
Interest income4,3872316,620412
Interest expense(1,482)(16,110)(4,386)(46,582)
Other income (expense), net2,905(15,879)2,234(46,170)
Loss before income taxes(18,514)(9,928)(57,242)(68,596)
Provision for (benefit from) income taxes474(210)(12,852)(78)
Net loss(18,988)(9,718)(44,390)(68,518)
Net loss attributable to redeemable non-controlling interest(344)(252)(468)(733)
Adjustment attributable to non-controlling interest1,3754,275(3,227)10,366
Net loss attributable to BlackLine, Inc.$ (20,019)$ (13,741)$ (40,695)$ (78,151)
Basic net loss per share attributable to BlackLine, Inc. (in usd per share)$ (0.34)$ (0.23)$ (0.68)$ (1.34)
Shares used to calculate basic net loss per share (in shares)59,69558,50859,42258,196
Diluted net loss per share attributable to BlackLine, Inc. (in usd per share)$ (0.34)$ (0.23)$ (0.68)$ (1.34)
Shares used to calculate diluted net loss per share (in shares)59,69558,50859,42258,196
Subscription and support    
Revenues    
Total revenues$ 126,081$ 102,924$ 360,289$ 289,749
Cost of revenues    
Total cost of revenues25,54417,94875,49550,540
Professional services    
Revenues    
Total revenues8,1876,47822,69220,631
Cost of revenues    
Total cost of revenues$ 6,882$ 6,489$ 20,527$ 19,359

BL Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets, Current [Abstract]  
Cash and cash equivalents$ 190,514$ 539,739
Marketable securities (amortized cost of $858,271 and $658,886 at September 30, 2022 and December 31, 2021, respectively)855,406658,964
Accounts receivable, net of allowances for credit losses of $2,284 and $2,923 at September 30, 2022 and December 31, 2021, respectively108,792125,130
Prepaid expenses and other current assets22,36323,855
Total current assets1,177,0751,347,688
Capitalized software development costs, net30,45223,547
Property and equipment, net20,63616,321
Intangible assets, net96,04536,195
Goodwill443,861289,710
Operating lease right-of-use assets15,26516,264
Other assets94,32487,853
Total assets1,877,6581,817,578
Current liabilities:  
Accounts payable5,5347,471
Accrued expenses and other current liabilities51,14450,930
Deferred revenue, current245,155242,429
Finance lease liabilities, current981373
Operating lease liabilities, current5,2534,936
Contingent consideration, current6,51416,438
Total current liabilities314,581322,577
Finance lease liabilities, noncurrent1,050824
Operating lease liabilities, noncurrent9,95313,248
Convertible senior notes, net1,382,9141,114,239
Contingent consideration, noncurrent56,0524,294
Deferred tax liabilities, net5,2748,175
Deferred revenue, noncurrent415362
Other long-term liabilities4,893124
Total liabilities1,775,1321,463,843
Commitments and contingencies (Note 12)
Redeemable non-controlling interest (Note 3)24,59528,699
Stockholders' equity:  
Common stock598590
Additional paid-in capital363,782625,883
Accumulated other comprehensive income (loss)(3,080)298
Accumulated deficit(283,369)(301,735)
Total stockholders' equity77,931325,036
Total liabilities, redeemable non-controlling interest, and stockholders' equity$ 1,877,658$ 1,817,578