Blackline (BL) FY2021 results: revenue $426 million, up 21.0% on the year
Blackline, Inc. (BL) reported revenue of $426 million for fiscal 2021, the year ended 31 December 2021, up 21.0% on the year before. Net income was -$115 million, and diluted earnings per share $-1.97. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.
Revenue
$426 million
+21.0% on the year
FY2014FY2021
Operating margin
-9.1%
-5.7% a year earlier
FY2014FY2021
Net income
-$115 million
FY2014FY2021
Diluted EPS
-$1.97
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
80.1
54.7
29.7
+46.3%
Capital expenditure
8.7
6.5
4.6
+34.0%
Free cash flow
71.4
48.2
25.1
+48.0%
Free cash flow margin
16.8%
13.7%
8.7%
Cash from investing
-507
174
-408
Cash from financing
599
18.9
453
+3,077.0%
Depreciation and amortisation
27.1
20.9
21.3
+29.8%
Share-based compensation
65.9
49.7
34.1
+32.6%
Diluted shares, weighted
58m
57m
55m
+2.7%
Shares outstanding at period end
59m
58m
56m
+2.3%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
325
422
399
-23.0%
Redeemable equity
28.7
12.5
4.9
+129.2%
Debt
1,114
407
384
+173.7%
Operating lease liabilities
13.2
7.4
10.6
+80.1%
Finance lease liabilities
0.8
0.0
n/a
Other liabilities
336
265
216
+26.8%
Total liabilities and equity
1,818
1,114
1,015
+63.2%
Fixed assets
16.3
13.2
13.0
+23.3%
Goodwill
290
290
185
0.0%
Intangible assets
36.2
46.7
17.5
-22.5%
Investments
659
175
488
+276.1%
Cash and equivalents
540
367
120
+46.9%
Receivables
125
111
103
+12.5%
Other assets
152
110
88.3
+37.8%
Total assets
1,818
1,114
1,015
+63.2%
10-K for the year ended 31 December 2021, filed 25 February 2022: the filing.