Company Quick10K Filing
BlackLine
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 55 $2,853
10-K 2020-02-27 Annual: 2019-12-31
10-Q 2019-11-07 Quarter: 2019-09-30
10-Q 2019-08-07 Quarter: 2019-06-30
10-Q 2019-05-09 Quarter: 2019-03-31
10-K 2019-02-28 Annual: 2018-12-31
10-Q 2018-11-07 Quarter: 2018-09-30
10-Q 2018-08-08 Quarter: 2018-06-30
10-Q 2018-05-09 Quarter: 2018-03-31
10-K 2018-03-08 Annual: 2017-12-31
10-Q 2017-11-08 Quarter: 2017-09-30
10-Q 2017-08-10 Quarter: 2017-06-30
10-Q 2017-05-12 Quarter: 2017-03-31
10-K 2017-03-10 Annual: 2016-12-31
10-Q 2016-12-12 Quarter: 2016-09-30
8-K 2020-03-13 Officers, Exhibits
8-K 2020-02-20 Officers, Exhibits
8-K 2020-02-13 Earnings, Exhibits
8-K 2019-11-06 Earnings, Exhibits
8-K 2019-08-07 Enter Agreement, Off-BS Arrangement, Sale of Shares, Other Events, Exhibits
8-K 2019-08-01 Earnings, Exhibits
8-K 2019-05-08 Shareholder Vote
8-K 2019-05-02 Earnings, Exhibits
8-K 2019-03-12 Officers, Exhibits
8-K 2019-02-14 Earnings, Exhibits
8-K 2018-11-01 Earnings, Exhibits
8-K 2018-10-31 Enter Agreement
8-K 2018-08-10 Officers, Exhibits
8-K 2018-08-02 Earnings, Exhibits
8-K 2018-06-11 Officers, Exhibits
8-K 2018-05-09 Shareholder Vote
8-K 2018-05-03 Earnings, Exhibits
8-K 2018-02-15 Earnings, Exhibits
8-K 2018-02-13 Officers, Exhibits

BlackLine Financials

BL Metrics, Comps, Filings

Annual | Quarterly

Business

We have created a comprehensive cloud-based software platform designed to transform and modernize accounting and finance operations for organizations of all types and sizes. Our secure, scalable platform supports critical accounting processes such as the financial close, account reconciliations, intercompany accounting, and controls assurance. By introducing software to automate these processes and to enable them to function continuously, we empower our customers to improve the integrity of their financial reporting, increase efficiency in their accounting and finance processes and enhance real-time visibility into their results and operations.

Critical accounting and finance processes underlie the integrity of an organization's financial reports. The lack of effective accounting and finance tools can result in inefficient and cumbersome processes and, in some cases, accounting errors, restatements and write-offs, as well as material weaknesses and significant deficiencies. Traditional enterprise resource planning, or ERP, systems do not generally provide effective solutions for processes handled outside of an organization's general ledger, such as balance sheet account reconciliation, intercompany transaction accounting and the broader financial close process. Many organizations also use multiple ERPs and other financial systems without a platform to efficiently integrate them. As a result, to manage these tasks, organizations rely on spreadsheets and other error-prone and labor-intensive processes that are unsuited for the increasing regulatory complexity and transaction volumes encountered by many modern businesses. We believe that we are creating a new category of powerful cloud-based software that is capable of automating and streamlining accounting and finance operations, in a manner that complements and supports traditional ERP systems. We believe our customers benefit from cost savings through improvements in process management and staff productivity, in addition to managing a faster financial close.

Our mission is to transform how accounting and finance departments operate. Our approach modernizes what historically has been done through batch processing and manual controls typically applied only during the month, quarter or year-end financial close, and delivers dynamic workflows embedded within a real-time, highly automated framework, a process we refer to as "continuous accounting." It also enables up-to-date analytics, provides industry-benchmarked metrics and is designed to help customers run more efficiently while achieving greater accuracy, control and transparency. We believe the need for our software has been driven by growing business and information technology complexities, transaction volumes and expanding regulatory requirements. Our software integrates with, and obtains data from, more than 30 different ERP systems, including NetSuite, Oracle, SAP, and Workday, as well as many other financial systems and applications such as bank accounts, sub-ledgers and in-house databases.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
LogMeIn (LOGM) 3,619 75% 14.6 0% 3,859 1,084 1,248 935 15 254 3,698
Qualys (QLYS) 3,094 59% 31.2 10% 626 265 311 185 63 97 3,017
AppFolio (APPF) 3,299 60% 157.3 14% 234 108 189 113 32 21 3,327
Cornerstone OnDemand (CSOD) 3,314 74% 92.2 -2% 869 738 565 419 -17 34 3,096
SolarWinds (SWI) 5,945 72% 38.0 -0% 5,156 2,563 906 654 -9 202 7,679
Altair Engineering (ALTR) 2,468 71% 109.0 -1% 717 371 335 239 -6 22 2,452
Everbridge (EVBG) 2,256 69% -71.7 -8% 480 269 144 99 -39 -29 2,057
BlackLine (BL) 2,630 79% -208.4 -3% 976 575 271 213 -30 -10 2,102
Mimecast (MIME) 2,234 74% 84.2 -1% 679 476 382 283 -6 25 2,130
CyberArk Software (CYBR) 2,742 0% 674 207 0 0 0 0 2,480
Tenable Holdings (TENB) 2,324 84% -29.6 -15% 532 409 333 278 -80 -73 2,152
Rapid7 (RPD) 2,204 72% -118.2 -6% 627 540 235 170 -39 -18 2,089
Alarm.com (ALRM) 2,336 64% 33.0 10% 501 165 473 303 48 68 2,235
Box (BOX) 2,595 69% -35.2 -14% 844 823 513 354 -114 -69 2,434
Workiva (WK) 2,088 72% -51.9 -6% 627 557 282 203 -40 -33 1,699
Appian (APPN) 3,306 64% -63.3 -17% 319 166 256 163 -53 -50 3,140
2U (TWOU) 1,002 0% -7.2 -15% 1,214 481 527 0 -186 -150 1,081
Ellie Mae (ELLI) 2,251 58% 39.6 3% 912 108 482 280 24 52 2,070
Commvault Systems (CVLT) 2,013 82% 118.3 -0% 802 430 695 573 -3 14 1,636

Balance Sheet ($MM)2016-12-312017-12-312018-12-31
Cash223146
Accounts Receivable426275
Inventory
PP&E111314
Assets420441494
Accounts Payable773
Long-Term Debt
Liabilities129146168
Stockholders' Equity291295322
Income Statement ($MM)2016-12-312017-12-312018-12-31
Revenue123177228
Cost of Revenue304151
Gross Profit93136177
R&D212431
SG&A106147176
Tax010
Net Income-39-38-28
Cash Flow ($MM)2016-12-312017-12-312018-12-31
Cash Operating-5616
Cash Investing-120-7-16
Cash Financing1311015