Blackline, Inc.BL

NasdaqTechnologyServices-Prepackaged Software
Price (close)
$27.99
Market cap
$1.6B
P/E
47.0x
Revenue (TTM)
$732.4M
Net income
$34.8M
Dividend yield
—
1-year total return
-46.7%
Net margin
4.7%
Revenue growth
8.6%
Debt / equity
—

What Blackline, Inc. does.

The Office of the Chief Financial Officer (“CFO”) is relied upon to deliver timely and accurate financial reporting and business insights. The CFO role has evolved from traditional accounting processes to driving growth, profitability, and governance across the enterprise to improve business outcomes while finance and accounting teams are facing unprecedented system and process complexity, growing data volumes, and evolving regulatory requirements, coupled with expanding roles and responsibilities. As a result, digital transformation has become a top priority for CFOs, as they require powerful technology to meet these demands.

At BlackLine, our mission is to inspire, power, and guide digital finance transformation for the Office of the CFO. Our secure, flexible, and scalable cloud-based platform empowers finance and accounting teams to achieve future-ready financial operations, modernizing processes for mid-size and enterprise organizations across all industries.

Many organizations rely on enterprise resource planning (“ERP”) systems to manage general ledger activities. However, these systems often fail to address end-to-end processes that occur across other systems and in spreadsheets, hampering an organization’s ability to deliver accurate data, insights, controls, and transparency. Our platform connects data and processes at their origin, enhancing financial reporting integrity, streamlining activities, and delivering faster insights. This approach drives immediate impact and sustained value, maximizes cash flow, and accelerates the record-to-report and invoice-to-cash processes.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$351.7M$425.7M$522.9M$590.0M$653.3M$700.4M
Net income-$46.9M-$115.2M-$29.4M$52.8M$161.2M$24.5M
Free cash flow$48.2M$71.4M$45.0M$120.7M$188.7M$161.5M

More on BL.

Figures from Blackline, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.