Blackline Inc (BL)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 52,833 | 42,068 | 10,126 | -31,388 | -29,391 | -77,705 | -71,427 | -86,208 | -115,161 | -95,136 | -90,146 | -73,032 | -46,911 | -39,112 | -39,567 | -36,597 | -32,535 | -31,492 | -27,052 | -30,243 |
| Revenue (ttm) | US$ in thousands | 583,654 | 567,879 | 551,446 | 535,362 | 517,277 | 494,103 | 454,609 | 414,043 | 371,779 | 352,163 | 343,114 | 334,191 | 333,571 | 318,119 | 305,795 | 297,928 | 285,842 | 267,900 | 254,715 | 240,505 |
| Net profit margin | 9.05% | 7.41% | 1.84% | -5.86% | -5.68% | -15.73% | -15.71% | -20.82% | -30.98% | -27.01% | -26.27% | -21.85% | -14.06% | -12.29% | -12.94% | -12.28% | -11.38% | -11.76% | -10.62% | -12.57% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $52,833K ÷ $583,654K
= 9.05%
The net profit margin of Blackline Inc has shown variability over the past five years, ranging from -30.98% to 9.05%. The company experienced negative net profit margins in several quarters, indicating that expenses exceeded revenues during those periods. However, there has been a recent improvement in profitability as evidenced by the positive net profit margins in the last two quarters. It is important for the company to sustain this positive trend and continue to efficiently manage its expenses relative to its revenues to ensure long-term profitability and sustainability.
Peer comparison
Dec 31, 2023