BlackLine, Inc. (BL)

BlackLine Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	608.47	590	522.94	425.71	351.74	288.98
Revenue Growth (YoY)	12.33%	12.82%	22.84%	21.03%	21.72%	26.86%
Cost of Revenue	150.62	146.79	129.39	97.87	68.97	58.98
Gross Profit	457.85	443.2	393.55	327.84	282.77	230
Selling, General & Admin	314.93	314.68	337.02	289.13	246.19	214.89
Research & Development	101.12	103.21	108.89	77.32	56.46	43.01
Other Operating Expenses	10.39	10.96	3.84	0	0	0
Operating Expenses	426.45	428.86	449.75	366.45	302.66	257.9
Operating Income	31.41	14.35	-56.2	-38.61	-19.89	-27.9
Interest Expense / Income	5.91	5.9	5.85	62.95	23.31	8.65
Other Expense / Income	-51.86	-45.83	-19.14	13.47	3.01	-5.74
Pretax Income	77.36	54.28	-42.91	-115.03	-46.21	-30.81
Income Tax	1.69	1.45	-13.52	0.14	0.7	1.73
Net Income	75.67	52.83	-29.39	-115.16	-46.91	-32.54
Shares Outstanding (Basic)	62	61	60	58	57	55
Shares Outstanding (Diluted)	73	72	60	58	57	55
Shares Change	21.11%	21.00%	2.04%	2.67%	2.73%	2.61%
EPS (Basic)	1.25	0.87	-0.49	-1.97	-0.83	-0.59
EPS (Diluted)	1.13	0.81	-0.49	-1.97	-0.83	-0.59
Free Cash Flow	128.38	99.02	25.83	56.83	37.64	20.03
Free Cash Flow Per Share	2.08	1.63	0.43	0.97	0.66	0.36
Gross Margin	75.25%	75.12%	75.26%	77.01%	80.39%	79.59%
Operating Margin	5.16%	2.43%	-10.75%	-9.07%	-5.66%	-9.65%
Profit Margin	12.44%	8.95%	-5.62%	-27.05%	-13.34%	-11.26%
Free Cash Flow Margin	21.10%	16.78%	4.94%	13.35%	10.70%	6.93%
Effective Tax Rate	2.19%	2.67%	-	-	-	-
EBITDA	140.53	116.73	11.35	-20.44	2.65	4.13
EBITDA Margin	23.10%	19.79%	2.17%	-4.80%	0.75%	1.43%
Depreciation & Amortization	57.26	56.55	48.41	31.64	25.55	26.29
EBIT	83.27	60.18	-37.06	-52.08	-22.9	-22.16
EBIT Margin	13.69%	10.20%	-7.09%	-12.23%	-6.51%	-7.67%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).