Backblaze Statistics
Total Valuation
Backblaze has a market cap or net worth of $293.48 million. The enterprise value is $328.20 million.
Important Dates
The last earnings date was Thursday, November 7, 2024, after market close.
| Earnings Date | Nov 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Backblaze has 44.40 million shares outstanding. The number of shares has decreased by -2.57% in one year.
| Current Share Class | 44.40M |
| Shares Outstanding | 44.40M |
| Shares Change (YoY) | -2.57% |
| Shares Change (QoQ) | +3.23% |
| Owned by Insiders (%) | 4.45% |
| Owned by Institutions (%) | 37.63% |
| Float | 38.83M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 1.86 |
| Forward PS | 2.05 |
| PB Ratio | 6.98 |
| P/TBV Ratio | 163.84 |
| P/FCF Ratio | 24.11 |
| P/OCF Ratio | 21.74 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 2.68 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | 26.93 |
Financial Position
The company has a current ratio of 0.54, with a Debt / Equity ratio of 1.15.
| Current Ratio | 0.54 |
| Quick Ratio | 0.47 |
| Debt / Equity | 1.15 |
| Debt / EBITDA | n/a |
| Debt / FCF | 4.05 |
| Interest Coverage | -11.93 |
Financial Efficiency
Return on equity (ROE) is -102.81% and return on invested capital (ROIC) is -28.96%.
| Return on Equity (ROE) | -102.81% |
| Return on Assets (ROA) | -20.25% |
| Return on Capital (ROIC) | -28.96% |
| Revenue Per Employee | $321,730 |
| Profits Per Employee | -$121,685 |
| Employee Count | 381 |
| Asset Turnover | 0.90 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Backblaze has paid $6,000 in taxes.
| Income Tax | 6,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +17.39% in the last 52 weeks. The beta is 0.99, so Backblaze's price volatility has been similar to the market average.
| Beta (5Y) | 0.99 |
| 52-Week Price Change | +17.39% |
| 50-Day Moving Average | 6.70 |
| 200-Day Moving Average | 7.64 |
| Relative Strength Index (RSI) | 43.47 |
| Average Volume (20 Days) | 238,068 |
Short Selling Information
The latest short interest is 1.07 million, so 2.41% of the outstanding shares have been sold short.
| Short Interest | 1.07M |
| Short Previous Month | 1.28M |
| Short % of Shares Out | 2.41% |
| Short % of Float | 2.75% |
| Short Ratio (days to cover) | 6.08 |
Income Statement
In the last 12 months, Backblaze had revenue of $122.58 million and -$46.36 million in losses. Loss per share was -$1.37.
| Revenue | 122.58M |
| Gross Profit | 65.92M |
| Operating Income | -43.91M |
| Pretax Income | -49.66M |
| Net Income | -46.36M |
| EBITDA | -22.07M |
| EBIT | -43.91M |
| Loss Per Share | -$1.37 |
Full Income StatementBalance Sheet
The company has $20.88 million in cash and $49.38 million in debt, giving a net cash position of -$28.50 million or -$0.64 per share.
| Cash & Cash Equivalents | 20.88M |
| Total Debt | 49.38M |
| Net Cash | -28.50M |
| Net Cash Per Share | -$0.64 |
| Equity (Book Value) | 42.83M |
| Book Value Per Share | 0.97 |
| Working Capital | -27.30M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $13.52 million and capital expenditures -$1.33 million, giving a free cash flow of $12.19 million.
| Operating Cash Flow | 13.52M |
| Capital Expenditures | -1.33M |
| Free Cash Flow | 12.19M |
| FCF Per Share | $0.27 |
Full Cash Flow StatementMargins
Gross margin is 53.78%, with operating and profit margins of -35.82% and -37.82%.
| Gross Margin | 53.78% |
| Operating Margin | -35.82% |
| Pretax Margin | -37.82% |
| Profit Margin | -37.82% |
| EBITDA Margin | -18.00% |
| EBIT Margin | -35.82% |
| FCF Margin | -5.84% |
Dividends & Yields
Backblaze does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 2.57% |
| Shareholder Yield | 2.57% |
| Earnings Yield | -15.77% |
| FCF Yield | 4.15% |
Analyst Forecast
The average price target for Backblaze is $11.50, which is 73.98% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $11.50 |
| Price Target Difference | 73.98% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Backblaze has an Altman Z-Score of -0.43 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -0.43 |
| Piotroski F-Score | 4 |