Blackline (BL) FY2024 results: revenue $653 million, up 10.7% on the year
Blackline, Inc. (BL) reported revenue of $653 million for fiscal 2024, the year ended 31 December 2024, up 10.7% on the year before. Net income was $161 million, up 205.1%, and diluted earnings per share $1.45. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2025.
Revenue
$653 million
+10.7% on the year
FY2017FY2024
Operating margin
2.8%
2.4% a year earlier
FY2017FY2024
Net income
$161 million
+205.1% on the year
FY2017FY2024
Diluted EPS
$1.45
+79.0% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
191
127
56.0
+50.7%
Capital expenditure
2.1
6.0
11.0
-64.3%
Free cash flow
189
121
45.0
+56.4%
Free cash flow margin
28.9%
20.5%
8.6%
Cash from investing
924
-62.5
-396
Cash from financing
-500
6.1
1.4
Depreciation and amortisation
50.3
50.1
42.8
+0.5%
Share-based compensation
83.3
78.0
75.9
+6.8%
Buybacks
0.0
n/a
n/a
Diluted shares, weighted
74m
72m
60m
+2.0%
Shares outstanding at period end
63m
62m
60m
+2.1%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
447
261
112
+71.2%
Redeemable equity
36.5
30.1
23.9
+21.4%
Debt
893
1,390
1,384
-35.8%
Operating lease liabilities
20.3
15.7
9.3
+28.9%
Finance lease liabilities
0.1
0.0
0.8
+1,225.0%
Other liabilities
429
404
414
+6.1%
Total liabilities and equity
1,825
2,101
1,944
-13.1%
Fixed assets
11.8
14.9
19.8
-20.4%
Goodwill
449
449
444
0.0%
Intangible assets
59.5
79.1
90.9
-24.7%
Investments
0.0
933
874
Cash and equivalents
886
271
201
+226.8%
Receivables
178
172
151
+3.8%
Other assets
241
182
163
+32.4%
Total assets
1,825
2,101
1,944
-13.1%
10-K for the year ended 31 December 2024, filed 21 February 2025: the filing.