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Blackline Safety (TSE:BLN)
TSX:BLN
Earnings Data
Report Date
Mar 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.08Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 28, 2019
|% Change Since: 18.75%
|Next Earnings Date:Sep 25, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with record revenues, improved margins, and significant EBITDA growth. Despite these positive results, the company faces challenges such as deal delays and potential impacts from tariffs, as well as a contraction in the Canadian market.Company Guidance
During Blackline Safety's Q4 2024 earnings call, significant guidance was provided across various financial metrics. The company achieved record revenue of CAD 35.7 million in Q4, contributing to an annual total of CAD 127.3 million, marking a 27% increase from the previous year. Service revenue saw a notable 31% increase to CAD 69.5 million, while product revenue rose by 23% to CAD 57.8 million. Blackline reported record EBITDA of CAD 2.5 million for Q4, a substantial improvement from a loss of CAD 1.5 million the previous year, and a significantly reduced net loss of CAD 68,000 compared to CAD 4.5 million in Q4 2023. The company also reported a record annual recurring revenue (ARR) of CAD 66.4 million, a 30% increase from the prior year, with a net dollar retention (NDR) of 127%, sustained for six consecutive quarters. Gross margins reached record highs, with product gross margins at 41% and service gross margins at 77%. Blackline generated CAD 3 million in free cash flow and increased its cash and short-term investments to CAD 43.1 million, emphasizing its strong financial position and strategic focus on innovation and market expansion.Record Revenue and Growth
Blackline Safety reported a record revenue of CAD 35.7 million in Q4 and CAD 127.3 million for fiscal 2024. Service revenue increased by 31% to CAD 69.5 million, and product revenue grew 23% to CAD 57.8 million.
Significant EBITDA Improvement
Achieved a record CAD 2.5 million in EBITDA in Q4, moving from a CAD 1.5 million loss in the previous year.
Decreased Net Loss
Q4 net loss significantly decreased to CAD 68,000 from CAD 4.5 million in Q4 2023.
Record Annual Recurring Revenue
Achieved a record annual recurring revenue of CAD 66.4 million, a 30% increase from the previous year.
Highest Product Gross Margin
Achieved the highest product gross margin ever at 41%, surpassing the previous record of 38%.
Strong Cash Flow Generation
Generated CAD 2.3 million in cash during Q4, with total cash and short-term investments at CAD 43.1 million.
Successful Launch of New Product
Introduced the EXO 8 area monitor, which detects up to 8 gases simultaneously, with strong early interest and preorders.
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TSE:BLN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:BLN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 16, 2025 | C$6.40 | C$6.57 | +2.66% |
| Sep 11, 2024 | C$4.70 | C$5.04 | +7.23% |
| Jun 13, 2024 | C$4.05 | C$4.19 | +3.46% |
| Mar 14, 2024 | C$4.54 | C$4.40 | -3.08% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Blackline Safety (TSE:BLN) report earnings?
Blackline Safety (TSE:BLN) is schdueled to report earning on Mar 13, 2025, TBA Not Confirmed.
What is Blackline Safety (TSE:BLN) earnings time?
Blackline Safety (TSE:BLN) earnings time is at Mar 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:BLN EPS forecast?
TSE:BLN EPS forecast for the fiscal quarter 2025 (Q1) is -0.04.
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