Backblaze, Inc. (BLZE)
NASDAQ: BLZE · Real-Time Price · USD
6.42
+0.03 (0.47%)
At close: Dec 20, 2024, 4:00 PM
6.74
+0.32 (4.98%)
After-hours: Dec 20, 2024, 6:04 PM EST

Backblaze Statistics

Total Valuation

Backblaze has a market cap or net worth of $325.17 million. The enterprise value is $353.67 million.

Market Cap 325.17M
Enterprise Value 353.67M

Important Dates

The next estimated earnings date is Thursday, February 13, 2025, after market close.

Earnings Date Feb 13, 2025
Ex-Dividend Date n/a

Share Statistics

Backblaze has 50.65 million shares outstanding. The number of shares has decreased by -2.57% in one year.

Current Share Class 50.65M
Shares Outstanding 50.65M
Shares Change (YoY) -2.57%
Shares Change (QoQ) +3.23%
Owned by Insiders (%) 3.96%
Owned by Institutions (%) 34.62%
Float 45.05M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 1.77
Forward PS 2.26
PB Ratio 6.63
P/TBV Ratio 181.26
P/FCF Ratio 26.68
P/OCF Ratio 24.05
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 2.89
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 29.02

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 decreased by -22.28% in the last 52 weeks. The beta is 0.91, so Backblaze's price volatility has been similar to the market average.

Beta (5Y) 0.91
52-Week Price Change -22.28%
50-Day Moving Average 6.92
200-Day Moving Average 7.21
Relative Strength Index (RSI) 43.00
Average Volume (20 Days) 494,129

Short Selling Information

The latest short interest is 782,318, so 1.54% of the outstanding shares have been sold short.

Short Interest 782,318
Short Previous Month 888,203
Short % of Shares Out 1.54%
Short % of Float 1.74%
Short Ratio (days to cover) 1.42

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 Statement

Balance 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 -$0.56 per share.

Cash & Cash Equivalents 20.88M
Total Debt 49.38M
Net Cash -28.50M
Net Cash Per Share -$0.56
Equity (Book Value) 42.83M
Book Value Per Share 0.97
Working Capital -27.30M
Full Balance Sheet

Cash 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 $0.24
Full Cash Flow Statement

Margins

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 9.94%

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 -14.26%
FCF Yield 3.75%

Analyst Forecast

The average price target for Backblaze is $11.50, which is 79.13% higher than the current price. The consensus rating is "Strong Buy".

Price Target $11.50
Price Target Difference 79.13%
Analyst Consensus Strong Buy
Analyst Count 4
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 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.43
Piotroski F-Score 4