Backblaze Statistics
Total Valuation
Backblaze has a market cap or net worth of $249.83 million. The enterprise value is $265.06 million.
| Market Cap | 249.83M |
| Enterprise Value | 265.06M |
Important Dates
The next estimated earnings date is Tuesday, August 6, 2024, after market close.
| Earnings Date | Aug 6, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Backblaze has 41.50 million shares outstanding. The number of shares has increased by 18.58% in one year.
| Shares Outstanding | 41.50M |
| Shares Change (YoY) | +18.58% |
| Shares Change (QoQ) | +5.08% |
| Owned by Insiders (%) | 23.36% |
| Owned by Institutions (%) | 35.65% |
| Float | 35.84M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 2.30 |
| Forward PS | 1.86 |
| PB Ratio | 5.26 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 2.44 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.70, with a Debt / Equity ratio of 0.91.
| Current Ratio | 0.70 |
| Quick Ratio | 0.54 |
| Debt / Equity | 0.91 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -13.15 |
Financial Efficiency
Return on equity (ROE) is -110.70% and return on invested capital (ROIC) is -56.81%.
| Return on Equity (ROE) | -110.70% |
| Return on Assets (ROA) | -40.30% |
| Return on Capital (ROIC) | -56.81% |
| Revenue Per Employee | $285,021 |
| Profits Per Employee | -$140,822 |
| Employee Count | 381 |
| Asset Turnover | 0.82 |
| 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 +29.46% in the last 52 weeks. The beta is 1.02, so Backblaze's price volatility has been similar to the market average.
| Beta (5Y) | 1.02 |
| 52-Week Price Change | +29.46% |
| 50-Day Moving Average | 7.17 |
| 200-Day Moving Average | 7.66 |
| Relative Strength Index (RSI) | 42.53 |
| Average Volume (20 Days) | 560,172 |
Short Selling Information
The latest short interest is 703,923, so 1.70% of the outstanding shares have been sold short.
| Short Interest | 703,923 |
| Short Previous Month | 464,722 |
| Short % of Shares Out | 1.70% |
| Short % of Float | 1.96% |
| Short Ratio (days to cover) | 2.24 |
Income Statement
In the last 12 months, Backblaze had revenue of $108.59 million and -$53.65 million in losses. Loss per share was -$1.43.
| Revenue | 108.59M |
| Gross Profit | 54.70M |
| Operating Income | -51.62M |
| Pretax Income | -53.65M |
| Net Income | -53.65M |
| EBITDA | -21.55M |
| EBIT | -49.86M |
| Loss Per Share | -$1.43 |
Balance Sheet
The company has $28.16 million in cash and $43.39 million in debt, giving a net cash position of -$15.23 million or -$0.37 per share.
| Cash & Cash Equivalents | 28.16M |
| Total Debt | 43.39M |
| Net Cash | -15.23M |
| Net Cash Per Share | -$0.37 |
| Equity (Book Value) | 47.45M |
| Book Value Per Share | 1.14 |
| Working Capital | -16.94M |
Cash Flow
In the last 12 months, operating cash flow was $1.26 million and capital expenditures -$17.16 million, giving a free cash flow of -$15.91 million.
| Operating Cash Flow | 1.26M |
| Capital Expenditures | -17.16M |
| Free Cash Flow | -15.91M |
| FCF Per Share | -$0.40 |
Margins
Gross margin is 50.37%, with operating and profit margins of -47.53% and -49.41%.
| Gross Margin | 50.37% |
| Operating Margin | -47.53% |
| Pretax Margin | -49.40% |
| Profit Margin | -49.41% |
| EBITDA Margin | -19.85% |
| EBIT Margin | -45.91% |
| FCF Margin | -14.65% |
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 | -18.58% |
| Shareholder Yield | -18.58% |
| Earnings Yield | -21.48% |
| FCF Yield | -6.37% |
Analyst Forecast
The average price target for Backblaze is $14.00, which is 132.56% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $14.00 |
| Price Target Difference | 132.56% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 -0.49 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -0.49 |
| Piotroski F-Score | 4 |