$2.7 B

BL Mkt cap, 05-Mar-2019

$227.8 M

BlackLine Revenue FY, 2018
BlackLine Gross profit (FY, 2018)176.9 M
BlackLine Gross profit margin (FY, 2018), %77.7%
BlackLine Net income (FY, 2018)-27.9 M
BlackLine EBIT (FY, 2018)-29.8 M
BlackLine Cash, 31-Dec-201846.2 M

BlackLine Revenue

BlackLine revenue was $227.79 m in FY, 2018

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BlackLine Revenue Breakdown

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

BlackLine Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

51.7m83.6m123.1m177.0m227.8m

Revenue growth, %

62%47%

Cost of goods sold

16.6m22.7m30.2m41.5m50.9m

Gross profit

35.1m60.9m92.9m135.5m176.9m

Gross profit Margin, %

68%73%75%77%78%

Sales and marketing expense

31.8m56.5m77.8m109.8m128.8m

R&D expense

9.7m18.2m21.1m23.9m30.8m

General and administrative expense

11.7m20.9m27.9m37.0m47.2m

Operating expense total

53.3m95.7m126.8m170.6m206.8m

EBIT

(18.2m)(34.8m)(33.9m)(35.1m)(29.8m)

EBIT margin, %

(35%)(42%)(28%)(20%)(13%)

Interest expense

3.0m3.2m5.9m13.0k4.0k

Interest income

1.1m2.1m

Pre tax profit

(24.9m)(38.4m)(45.7m)(37.5m)(27.7m)

Income tax expense

(8.2m)(13.7m)(6.6m)567.0k162.0k

Net Income

(16.8m)(24.7m)(39.2m)(38.1m)(27.9m)

BlackLine Balance Sheet

Annual

USDFY, 2015FY, 2016FY, 2017FY, 2018

Cash

15.2m22.1m31.1m46.2m

Accounts Receivable

24.2m42.3m

Prepaid Expenses

2.8m6.6m

Current Assets

48.5m163.8m194.0m221.5m

PP&E

12.4m11.3m12.8m13.5m

Goodwill

163.2m185.1m185.1m185.1m

Total Assets

286.8m420.4m440.9m493.9m

Accounts Payable

4.6m7.2m7.3m3.4m

Current Liabilities

74.4m108.5m137.0m159.2m

Total Liabilities

120.6m129.0m146.3m167.9m

Common Stock

407.0k513.0k

Additional Paid-in Capital

214.2m378.3m419.6m451.6m

Retained Earnings

(48.2m)(87.3m)(125.5m)(130.6m)

Total Equity

166.2m291.4m294.6m321.6m

Financial Leverage

1.7 x1.4 x1.5 x1.5 x

BlackLine Cash Flow

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(16.8m)(24.7m)(39.2m)(38.1m)

Depreciation and Amortization

13.5m14.7m17.4m20.0m

Accounts Receivable

(6.8m)(6.2m)(15.5m)(19.9m)

Accounts Payable

810.0k1.1m3.5m(25.0k)

Cash From Operating Activities

8.9m1.0m(4.8m)6.4m

Purchases of PP&E

(1.4m)(10.1m)(1.7m)(4.0m)

Cash From Investing Activities

(2.9m)(12.4m)(119.7m)(7.0m)

Long-term Borrowings

(532.0k)(60.7m)

Cash From Financing Activities

4.8m859.0k131.4m9.6m

Net Change in Cash

10.9m(10.5m)6.9m

Interest Paid

506.0k634.0k8.6m8.0k

Income Taxes Paid

10.0k6.0k176.0k868.0k

Quarterly

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

Net Income

(23.5m)(9.0m)(19.1m)(32.2m)(7.2m)(15.6m)(20.1m)

Depreciation and Amortization

12.7m4.8m9.7m14.8m5.4m10.9m16.8m

Accounts Receivable

(9.9m)(1.6m)(1.2m)(3.5m)5.1m652.0k(1.7m)

Accounts Payable

3.3m(3.3m)(2.5m)(4.2m)(929.0k)(4.9m)(4.4m)

Cash From Operating Activities

1.0m(1.7m)167.0k3.7m1.8m6.5m11.3m

Purchases of PP&E

(1.3m)(488.0k)(1.1m)(3.7m)(1.6m)(3.7m)(4.6m)

Cash From Investing Activities

(35.1m)3.6m(3.9m)(9.2m)(5.0m)(11.3m)(13.9m)

Long-term Borrowings

(1.2m)(549.0k)(549.0k)(549.0k)

Cash From Financing Activities

38.5m(594.0k)5.1m8.0m3.0m2.4m9.8m

Net Change in Cash

4.4m1.3m1.4m2.5m

Interest Paid

924.0k

Income Taxes Paid

176.0k

BlackLine Ratios

USDY, 2018

Revenue/Employee

282.6k

Financial Leverage

1.5 x
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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%
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BlackLine Employee Rating

3.3150 votes
Culture & Values
3.6
Work/Life Balance
3.7
Senior Management
3.2
Salary & Benefits
3.9
Career Opportunities
3.3
Source