Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
4.855
-0.115 (-2.31%)
Mar 31, 2025, 2:35 PM EDT - Market open

Backblaze Statistics

Total Valuation

Backblaze has a market cap or net worth of $263.63 million. The enterprise value is $261.30 million.

Market Cap 263.63M
Enterprise Value 261.30M

Important Dates

The next estimated earnings date is Wednesday, May 7, 2025, after market close.

Earnings Date May 7, 2025
Ex-Dividend Date n/a

Share Statistics

Backblaze has 54.30 million shares outstanding. The number of shares has increased by 20.91% in one year.

Current Share Class 54.30M
Shares Outstanding 54.30M
Shares Change (YoY) +20.91%
Shares Change (QoQ) +10.80%
Owned by Insiders (%) 3.81%
Owned by Institutions (%) 39.05%
Float 45.85M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 1.70
Forward PS 1.83
PB Ratio 3.42
P/TBV Ratio 7.53
P/FCF Ratio 25.00
P/OCF Ratio 21.58
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 2.05
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 24.21

Financial Position

The company has a current ratio of 1.10, with a Debt / Equity ratio of 0.60.

Current Ratio 1.10
Quick Ratio 1.02
Debt / Equity 0.60
Debt / EBITDA n/a
Debt / FCF 4.29
Interest Coverage -11.33

Financial Efficiency

Return on equity (ROE) is -79.20% and return on invested capital (ROIC) is -24.00%.

Return on Equity (ROE) -79.20%
Return on Assets (ROA) -17.25%
Return on Invested Capital (ROIC) -24.00%
Return on Capital Employed (ROCE) -38.09%
Revenue Per Employee $368,867
Profits Per Employee -$140,263
Employee Count 346
Asset Turnover 0.85
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 decreased by -51.08% in the last 52 weeks. The beta is 0.89, so Backblaze's price volatility has been lower than the market average.

Beta (5Y) 0.89
52-Week Price Change -51.08%
50-Day Moving Average 6.16
200-Day Moving Average 6.37
Relative Strength Index (RSI) 34.91
Average Volume (20 Days) 494,598

Short Selling Information

The latest short interest is 587,163, so 1.08% of the outstanding shares have been sold short.

Short Interest 587,163
Short Previous Month 620,851
Short % of Shares Out 1.08%
Short % of Float 1.28%
Short Ratio (days to cover) 0.89

Income Statement

In the last 12 months, Backblaze had revenue of $127.63 million and -$48.53 million in losses. Loss per share was -$1.11.

Revenue 127.63M
Gross Profit 69.80M
Operating Income -41.43M
Pretax Income -49.66M
Net Income -48.53M
EBITDA -20.10M
EBIT -41.43M
Loss Per Share -$1.11
Full Income Statement

Balance Sheet

The company has $54.92 million in cash and $46.34 million in debt, giving a net cash position of $8.58 million or $0.16 per share.

Cash & Cash Equivalents 54.92M
Total Debt 46.34M
Net Cash 8.58M
Net Cash Per Share $0.16
Equity (Book Value) 77.62M
Book Value Per Share 1.45
Working Capital 5.95M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $12.51 million and capital expenditures -$1.71 million, giving a free cash flow of $10.79 million.

Operating Cash Flow 12.51M
Capital Expenditures -1.71M
Free Cash Flow 10.79M
FCF Per Share $0.20
Full Cash Flow Statement

Margins

Gross margin is 54.69%, with operating and profit margins of -32.46% and -38.03%.

Gross Margin 54.69%
Operating Margin -32.46%
Pretax Margin -38.02%
Profit Margin -38.03%
EBITDA Margin -15.75%
EBIT Margin -32.46%
FCF Margin 8.46%

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 -20.91%
Shareholder Yield n/a
Earnings Yield -17.98%
FCF Yield 4.00%

Analyst Forecast

The average price target for Backblaze is $10.83, which is 123.07% higher than the current price. The consensus rating is "Strong Buy".

Price Target $10.83
Price Target Difference 123.07%
Analyst Consensus Strong Buy
Analyst Count 6
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock 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 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.43
Piotroski F-Score 5