Blackline Inc (BL)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 161,174 | 52,833 | -33,891 | -100,994 | -39,402 |
| Revenue | US$ in thousands | 653,336 | 589,996 | 522,938 | 425,706 | 351,737 |
| Net profit margin | 24.67% | 8.95% | -6.48% | -23.72% | -11.20% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $161,174K ÷ $653,336K
= 24.67%
Based on the data provided for Blackline Inc net profit margin over the years, the trend shows significant fluctuations.
- In December 31, 2020, the net profit margin was -11.20%, indicating that the company incurred a net loss relative to its total revenue.
- The margin deteriorated further by December 31, 2021, reaching -23.72%, reflecting an even larger loss compared to the prior year.
- However, by December 31, 2022, the net profit margin improved to -6.48%, suggesting some progress in the company's profitability.
- The positive trend continued in the following years, with December 31, 2023, showing a notable increase in the net profit margin to 8.95%.
- By December 31, 2024, the net profit margin increased significantly to 24.67%, indicating a substantial improvement in the company's profitability performance over the years.
Overall, the data reveals a volatile but ultimately positive trajectory for Blackline Inc's net profit margin, with a marked turnaround in profitability from negative figures to a substantial positive margin in the most recent year.
Peer comparison
Dec 31, 2024