$2.5 B

BL Mkt cap, 16-Aug-2018

$106.7 M

BlackLine Revenue Q2, 2018
BlackLine Gross profit (Q2, 2018)83.3 M
BlackLine Gross profit margin (Q2, 2018), %78%
BlackLine Net income (Q2, 2018)-15.6 M
BlackLine EBIT (Q2, 2018)-16.4 M
BlackLine Cash, 30-Jun-201828.7 M

BlackLine Revenue

BlackLine revenue was $123.12 m in FY, 2016 which is a 47.3% year over year increase from the previous period.

Embed Graph

BlackLine Revenue Breakdown

Embed Graph

BlackLine revenue breakdown by geographic segment: 16.4% from International and 83.6% from United States

BlackLine Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016

Revenue

51.7 m83.6 m123.1 m

Revenue growth, %

62%47%

Cost of goods sold

16.6 m22.7 m30.2 m

Gross profit

35.1 m60.9 m92.9 m

Gross profit Margin, %

68%73%75%

Sales and marketing expense

31.8 m56.5 m77.8 m

R&D expense

9.7 m18.2 m21.1 m

General and administrative expense

11.7 m20.9 m27.9 m

Operating expense total

53.3 m95.7 m126.8 m

EBIT

(18.2 m)(34.8 m)(33.9 m)

EBIT margin, %

(35%)(42%)(28%)

Interest expense

3 m3.2 m5.9 m

Pre tax profit

(24.9 m)(38.4 m)(45.7 m)

Income tax expense

(8.2 m)(13.7 m)(6.6 m)

Net Income

(16.8 m)(24.7 m)(39.2 m)

Quarterly

USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

32.2 m38.6 m42.3 m45.9 m51.3 m106.7 m

Cost of goods sold

7.5 m9.2 m10.4 m10.9 m11.6 m23.5 m

Gross profit

24.7 m29.4 m31.9 m35 m39.7 m83.3 m

Gross profit Margin, %

77%76%75%76%77%78%

Sales and marketing expense

19 m23.5 m25.1 m33.4 m29.2 m61.4 m

R&D expense

5.1 m5.9 m6 m5.9 m6.9 m14.7 m

General and administrative expense

7.7 m8.3 m8.6 m8.9 m11.1 m23.5 m

Operating expense total

31.8 m37.7 m39.8 m48.2 m47.2 m99.7 m

EBIT

(7.2 m)(8.3 m)(7.9 m)(13.2 m)(7.6 m)(16.4 m)

EBIT margin, %

(22%)(21%)(19%)(29%)(15%)(15%)

Interest expense

1.3 m4 k3 k6 k4 k4 k

Interest income

224 k244 k281 k389 k896 k

Pre tax profit

(8.5 m)(9.1 m)(10.1 m)(12.9 m)(7.2 m)(15.5 m)

Income tax expense

(1.8 m)(65 k)13 k162 k(20 k)113 k

Net Income

(6.6 m)(9 m)(10.1 m)(13.1 m)(7.2 m)(15.6 m)

BlackLine Balance Sheet

Annual

USDFY, 2015FY, 2016

Cash

15.2 m22.1 m

Accounts Receivable

24.2 m42.3 m

Prepaid Expenses

2.8 m6.6 m

Current Assets

48.5 m163.8 m

PP&E

12.4 m11.3 m

Goodwill

163.2 m185.1 m

Total Assets

286.8 m420.4 m

Accounts Payable

4.6 m7.2 m

Current Liabilities

74.4 m108.5 m

Total Liabilities

120.6 m129 m

Common Stock

407 k513 k

Additional Paid-in Capital

214.2 m378.3 m

Retained Earnings

(48.2 m)(87.3 m)

Total Equity

166.2 m291.4 m

Financial Leverage

1.7 x1.4 x

Quarterly

USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

19.6 m23.4 m23.5 m24.6 m30.9 m28.7 m

Accounts Receivable

36.8 m43.9 m43.5 m45.2 m57 m61.1 m

Prepaid Expenses

4.5 m7.8 m6.9 m6.8 m

Current Assets

68 m162.5 m167.5 m172.7 m186.7 m192.5 m

PP&E

11.9 m11.3 m11 m12.1 m13.3 m13.8 m

Goodwill

185.1 m185.1 m185.1 m185.1 m185.1 m185.1 m

Total Assets

331.2 m416.2 m418 m422.1 m458.5 m464.4 m

Accounts Payable

8.5 m4.3 m5.1 m2.9 m6.6 m2.5 m

Current Liabilities

97.7 m110.3 m112 m117.5 m131.5 m141.2 m

Total Liabilities

178.7 m131.9 m121.2 m126.3 m141 m150.4 m

Common Stock

413 k513 k525 k528 k535 k539 k

Additional Paid-in Capital

223.8 m380.3 m402.9 m414.9 m427.1 m432.1 m

Retained Earnings

(71.7 m)(96.4 m)(106.5 m)(119.6 m)(109.9 m)(118.4 m)

Total Equity

152.5 m284.3 m296.8 m295.8 m317.6 m314.1 m

Financial Leverage

2.2 x1.5 x1.4 x1.4 x1.4 x1.5 x

BlackLine Cash Flow

Annual

USDFY, 2014FY, 2015FY, 2016

Net Income

(16.8 m)(24.7 m)(39.2 m)

Depreciation and Amortization

13.5 m14.7 m17.4 m

Accounts Receivable

(6.8 m)(6.2 m)(15.5 m)

Accounts Payable

810 k1.1 m3.5 m

Cash From Operating Activities

8.9 m1 m(4.8 m)

Purchases of PP&E

(1.4 m)(10.1 m)(1.7 m)

Cash From Investing Activities

(2.9 m)(12.4 m)(119.7 m)

Long-term Borrowings

(532 k)(60.7 m)

Cash From Financing Activities

4.8 m859 k131.4 m

Net Change in Cash

10.9 m(10.5 m)6.9 m

Interest Paid

506 k634 k8.6 m

Income Taxes Paid

10 k6 k176 k

Quarterly

USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(6.6 m)(9 m)(19.1 m)(32.2 m)(7.2 m)(15.6 m)

Depreciation and Amortization

12.7 m4.8 m9.7 m14.8 m5.4 m10.9 m

Accounts Receivable

36.8 m(1.6 m)(1.2 m)(3.5 m)5.1 m652 k

Accounts Payable

8.5 m(3.3 m)(2.5 m)(4.2 m)(929 k)(4.9 m)

Cash From Operating Activities

1 m(1.7 m)167 k3.7 m1.8 m6.5 m

Purchases of PP&E

(1.3 m)(488 k)(1.1 m)(3.7 m)(1.6 m)(3.7 m)

Cash From Investing Activities

(35.1 m)3.6 m(3.9 m)(9.2 m)(5 m)(11.3 m)

Long-term Borrowings

(1.2 m)(549 k)(549 k)(549 k)

Cash From Financing Activities

38.5 m(594 k)5.1 m8 m3 m2.4 m

Net Change in Cash

4.4 m1.3 m1.4 m2.5 m

Interest Paid

924 k

Income Taxes Paid

176 k

BlackLine Ratios

USDY, 2018

Financial Leverage

1.5 x
Report incorrect company information

BlackLine Operating Metrics

BlackLine's Users was reported to be 186 k in Q3, 2017. BlackLine's Customers was reported to be 2 k in Q3, 2017.
FY, 2014FY, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017

Users

93.67 k128.73 k166 k170 k178 k186 k

Customers

987 1.34 k1.70 k1.80 k1.90 k2 k

Countries

130 130 130 130 130

Retention Rate

118%120%116%
Report incorrect company information