Serving the nonprofit, charitable giving and education communities for more than 30 years, Blackbaud (NASDAQ:BLKB) combines technology solutions and expertise to help organizations achieve their missions. Blackbaud works in over 60 countries to support more than 30,000 customers, including nonprofits, K12 private and higher education institutions, healthcare organizations, foundations and other charitable giving entities, and corporations. The company offers a full spectrum of cloud and on-premise solutions, and related services for organizations of all sizes, including nonprofit fundraising and relationship management, eMarketing, advocacy, accounting, payment and analytics, as well as grant management,corporate social responsibility, education and other solutions. Using Blackbaud technology, these organizations raise, invest, manage and award more than $100 billion each year. Recognized as a top company, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, the Netherlands, Ireland and the United Kingdom.
Blackbaud was founded in 1981 and is headquartered in Charleston, US
Blackbaud Office Locations
Blackbaud has offices in Charleston, Cambridge, Washington, Austin and in 6 other locations
Charleston, US (HQ)
2000 Daniel Island Dr
San Diego, US
600 9605 Scranton Rd
Emeryville, US
575 5858 Horton St
Lincoln, US
1800 2011 Pine Lake Rd
Overland Park, US
420 9393 W 110th St
Indianapolis, US
501 Pennsylvania Pkwy
Mississauga, CA
110 1250 Eglinton Ave W
Austin, US
200 11501 Domain Dr
Washington, US
650 1255 23rd St Nw
Cambridge, US
4300 1 Canal Park
Blackbaud Data and Metrics
Blackbaud Financial Metrics
Blackbaud's revenue was reported to be $730.8 m in FY, 2016 which is a 15% increase from the previous period.
USD
Revenue (FY, 2016) | 730.8 m |
Revenue growth (FY, 2015 - FY, 2016), % | 15% |
Gross profit (FY, 2016) | 391.6 m |
Gross profit margin (FY, 2016), % | 54% |
Net income (FY, 2016) | 41.5 m |
EBIT (FY, 2016) | 61.8 m |
Market capitalization (26-Jun-2017) | 4.2 b |
Closing share price (26-Jun-2017) | 89.5 |
Cash (31-Dec-2016) | 16.9 m |
EV | 4.1 b |
Blackbaud's current market capitalization is $4.2 b.
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 503.8 m | 564.4 m | 637.9 m | 730.8 m |
Revenue growth, % | 12% | 13% | 15% | |
Cost of goods sold | 232.7 m | 273.4 m | 304.6 m | 339.2 m |
Gross profit | 271.2 m | 291 m | 333.3 m | 391.6 m |
Gross profit Margin, % | 54% | 52% | 52% | 54% |
Operating expense total | 219.6 m | 244.6 m | 286.6 m | 329.8 m |
EBIT | 51.5 m | 46.4 m | 46.7 m | 61.8 m |
EBIT margin, % | 10% | 8% | 7% | 8% |
Interest expense | 5.8 m | 6 m | 8.1 m | 10.6 m |
Pre tax profit | 45.3 m | 39.2 m | 37 m | 50.9 m |
Income tax expense | 14.9 m | 10.9 m | 11.3 m | 9.4 m |
Net Income | 30.5 m | 28.3 m | 25.6 m | 41.5 m |
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 11.9 m | 14.7 m | 15.4 m | 16.9 m |
Accounts Receivable | 67 m | 77.5 m | 80 m | 88.9 m |
Inventories | 30.1 m | 40.4 m | 48.7 m | 48.3 m |
Current Assets | 229.8 m | 287.8 m | 399.1 m | 507.9 m |
PP&E | 49.6 m | 50.4 m | 52.7 m | 50.3 m |
Goodwill | 264.6 m | 349 m | 436.4 m | 438.2 m |
Total Assets | 706.6 m | 943.2 m | 1.2 b | 1.3 b |
Accounts Payable | 10.2 m | 11.4 m | 19.2 m | 23.3 m |
Current Liabilities | 356.7 m | 421 m | 566.3 m | 680.1 m |
Additional Paid-in Capital | 220.8 m | 245.7 m | 276.3 m | 310.5 m |
Retained Earnings | 125.4 m | 131.7 m | 134.9 m | 152.7 m |
Total Equity | 161.5 m | 185.9 m | 210.6 m | 247.5 m |
Financial Leverage | 4.4 x | 5.1 x | 5.8 x | 5.3 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 30.5 m | 28.3 m | 25.6 m | 41.5 m |
Depreciation and Amortization | 43.2 m | 45.4 m | 56 m | 70.5 m |
Accounts Receivable | 3.2 m | (5.8 m) | (7.6 m) | (13 m) |
Accounts Payable | (218 k) | (948 k) | 6.1 m | 3.7 m |
Cash From Operating Activities | 107.2 m | 102.3 m | 114.3 m | 153.6 m |
Purchases of PP&E | (20.1 m) | (13.9 m) | (18.6 m) | (17.7 m) |
Cash From Investing Activities | (24.2 m) | (211.4 m) | (222.7 m) | (47.4 m) |
Cash From Financing Activities | (84.3 m) | 112 m | 110.4 m | (104.5 m) |
| Y, 2016 | |
|---|---|
EV/EBIT | 66.9 x |
EV/CFO | 26.9 x |
Financial Leverage | 5.3 x |
Blackbaud Operating Metrics
Blackbaud's Customers was reported to be 35 k in Q1, 2017. Blackbaud's Patent Applications was reported to be 3 in FY, 2016
- Source: Blackbaud
Blackbaud Market Value History
Blackbaud Revenue Breakdown
Blackbaud Median Salaries
Source: 29 public H-1B filings from Blackbaud
