BlackLine

BlackLine is the leader in Enhanced Finance Controls and Automation software and the only provider today offering a completely unified cloud platform—built from a single code base—that supports the entire close-to-disclose process, as well as a host of other key accounting and financial processes. BlackLine’s Finance Controls and Automation Platform increases business efficiency and visibility, while ensuring the highest degree of balance sheet integrity. More than 110,000 users across 1,200 companies in over 100 countries currently leverage BlackLine to increase accountant productivity and elevate controls and compliance functions to ‘Modern Finance’ status, with customers comprising more than 25 of the Fortune 100 and over 100 of the Fortune 500. Company headquarters are in Los Angeles, with offices in Atlanta, Chicago, London, Melbourne, New York City, Sydney and Paris.
Company Growth (employees)
Type
Public
HQ
Los Angeles, US
Founded
2001
Size (employees)
535 (est)+6%
BlackLine was founded in 2001 and is headquartered in Los Angeles, US

BlackLine Office Locations

BlackLine has offices in Los Angeles, Chicago, Alpharetta, New York and in 13 other locations
Los Angeles, US (HQ)
21300 Victory Blvd
Sandton, ZA
2 Sandton Dr
Neuilly-sur-Seine, FR
60 Avenue Charles de Gaulle
Sydney, AU
26 44 Market St
London, GB
198 High Holborn
New York, US
205 E 42nd St
Show all (19)

BlackLine Data and Metrics

BlackLine Financial Metrics

BlackLine's revenue was reported to be $38.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

38.6 m

Gross profit (Q1, 2017)

29.4 m

Gross profit margin (Q1, 2017), %

76%

Net income (Q1, 2017)

(9 m)

EBIT (Q1, 2017)

(8.3 m)

Market capitalization (20-Jul-2017)

131.8 m

Closing share price (20-Jul-2017)

3.9

Cash (31-Mar-2017)

23.4 m
BlackLine's current market capitalization is $131.8 m.
USDFY, 2016

Revenue

123.1 m

Cost of goods sold

30.2 m

Gross profit

92.9 m

Gross profit Margin, %

75%

Sales and marketing expense

77.8 m

R&D expense

21.1 m

General and administrative expense

27.9 m

Operating expense total

126.8 m

EBIT

(33.9 m)

EBIT margin, %

(28%)

Interest expense

(5.9 m)

Pre tax profit

(45.7 m)

Net Income

(39.2 m)
USDQ3, 2016Q1, 2017

Revenue

32.2 m38.6 m

Cost of goods sold

7.5 m9.2 m

Gross profit

24.7 m29.4 m

Gross profit Margin, %

77%76%

Sales and marketing expense

19 m23.5 m

R&D expense

5.1 m5.9 m

General and administrative expense

7.7 m8.3 m

Operating expense total

31.8 m37.7 m

EBIT

(7.2 m)(8.3 m)

EBIT margin, %

(22%)(21%)

Interest expense

(1.3 m)(4 k)

Interest income

224 k

Pre tax profit

(8.5 m)(9.1 m)

Net Income

(6.6 m)(9 m)
USDFY, 2016

Cash

22.1 m

Accounts Receivable

351.5 m

Inventories

6.6 m

Current Assets

163.8 m

PP&E

11.3 m

Goodwill

185.1 m

Total Assets

420.4 m

Accounts Payable

7.2 m

Current Liabilities

108.5 m

Total Liabilities

129 m

Additional Paid-in Capital

378.3 m

Retained Earnings

(87.3 m)

Total Equity

291.4 m

Financial Leverage

1.4 x
USDQ3, 2016Q1, 2017

Cash

19.6 m23.4 m

Accounts Receivable

36.8 m43.9 m

Current Assets

68 m162.5 m

PP&E

11.9 m11.3 m

Goodwill

185.1 m185.1 m

Total Assets

331.2 m416.2 m

Accounts Payable

8.5 m4.3 m

Current Liabilities

97.7 m110.3 m

Common Stock

513 k

Additional Paid-in Capital

223.8 m380.3 m

Retained Earnings

(71.7 m)(96.4 m)

Total Equity

152.5 m284.3 m

Financial Leverage

2.2 x1.5 x
USDFY, 2016

Net Income

(39.2 m)

Depreciation and Amortization

17.4 m

Accounts Receivable

(15.5 m)

Inventories

(3.1 m)

Accounts Payable

3.5 m

Cash From Operating Activities

(4.8 m)

Purchases of PP&E

(1.7 m)

Cash From Investing Activities

(119.7 m)

Cash From Financing Activities

131.4 m

Interest Paid

8.6 m

Income Taxes Paid

176 k
USDQ3, 2016Q1, 2017

Net Income

(6.6 m)(9 m)

Accounts Receivable

36.8 m43.9 m

Accounts Payable

8.5 m4.3 m
Y, 2017

Financial Leverage

1.5 x

BlackLine Market Value History

Traffic Overview of BlackLine

BlackLine Online and Social Media Presence

BlackLine News and Updates

Blackline surges 40% in software IPO

 Blackline, a Los Angeles-based accounting software company, debuted in the U.S. markets Friday. After pricing at $17 per share, the stock closed at $23.70. In what has been a slow year for tech IPOs, Blackline decided to go public right now because it’s “part of a longer term plan to raise awarenes…

BlackLine files to raise $100 million in IPO

(Reuters) – Accounting software maker BlackLine filed for an initial public offering with U.S. securities regulators on Friday, looking to ride on the recent success of technology offerings in a relatively quiet year for IPOs. Los Angeles-based BlackLine, founded in 2001 by Chief Executive Therese T…

Accounting Software Maker BlackLine Files for IPO

The company could be valued at more than $1 billion.

Software Company BlackLine Prepares For IPO

It would be one of the few tech IPOs this year.

BlackLine Company Life and Culture

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