Blackline (BL) FY2022 results: revenue $523 million, up 22.8% on the year
Blackline, Inc. (BL) reported revenue of $523 million for fiscal 2022, the year ended 31 December 2022, up 22.8% on the year before. Net income was -$29 million, and diluted earnings per share $-0.49. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2023.
Revenue
$523 million
+22.8% on the year
FY2015FY2022
Operating margin
-10.7%
-9.1% a year earlier
FY2015FY2022
Net income
-$29 million
FY2015FY2022
Diluted EPS
-$0.49
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
56.0
80.1
54.7
-30.1%
Capital expenditure
11.0
8.7
6.5
+25.7%
Free cash flow
45.0
71.4
48.2
-36.9%
Free cash flow margin
8.6%
16.8%
13.7%
Cash from investing
-396
-507
174
Cash from financing
1.4
599
18.9
-99.8%
Depreciation and amortisation
42.8
27.1
20.9
+57.8%
Share-based compensation
75.9
65.9
49.7
+15.2%
Diluted shares, weighted
60m
58m
57m
+2.0%
Shares outstanding at period end
60m
59m
58m
+1.8%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
112
325
422
-65.6%
Redeemable equity
23.9
28.7
12.5
-16.7%
Debt
1,384
1,114
407
+24.2%
Operating lease liabilities
9.3
13.2
7.4
-29.9%
Finance lease liabilities
0.8
0.8
0.0
-4.7%
Other liabilities
414
336
265
+23.2%
Total liabilities and equity
1,944
1,818
1,114
+6.9%
Fixed assets
19.8
16.3
13.2
+21.4%
Goodwill
444
290
290
+53.2%
Intangible assets
90.9
36.2
46.7
+151.0%
Investments
874
659
175
+32.6%
Cash and equivalents
201
540
367
-62.8%
Receivables
151
125
111
+20.6%
Other assets
163
152
110
+7.7%
Total assets
1,944
1,818
1,114
+6.9%
10-K for the year ended 31 December 2022, filed 23 February 2023: the filing.