Backblaze Inc. (BLZE)
Backblaze Statistics
Share Statistics
Backblaze has 54.3M shares outstanding. The number of shares has increased by 34.71% in one year.
| Shares Outstanding | 54.3M |
| Shares Change (YoY) | 34.71% |
| Shares Change (QoQ) | 18.07% |
| Owned by Institutions (%) | 53.36% |
| Shares Floating | 38.73M |
| Failed to Deliver (FTD) Shares | 8.6K |
| FTD / Avg. Volume | 2.02% |
Short Selling Information
The latest short interest is 776.04K, so 1.53% of the outstanding shares have been sold short.
| Short Interest | 776.04K |
| Short % of Shares Out | 1.53% |
| Short % of Float | 2.13% |
| Short Ratio (days to cover) | 3.17 |
Valuation Ratios
The PE ratio is -5.4 and the forward PE ratio is -31.18. Backblaze's PEG ratio is 0.16.
| PE Ratio | -5.4 |
| Forward PE | -31.18 |
| PS Ratio | 2.05 |
| Forward PS | 1.7 |
| PB Ratio | 3.38 |
| P/FCF Ratio | 24.28 |
| PEG Ratio | 0.16 |
Enterprise Valuation
Backblaze Inc. has an Enterprise Value (EV) of 307.68M.
| EV / Earnings | -6.34 |
| EV / Sales | 2.41 |
| EV / EBITDA | -18.6 |
| EV / EBIT | -6.65 |
| EV / FCF | 28.5 |
Financial Position
The company has a current ratio of 1.1, with a Debt / Equity ratio of 0.6.
| Current Ratio | 1.1 |
| Quick Ratio | 1.1 |
| Debt / Equity | 0.6 |
| Total Debt / Capitalization | 37.38 |
| Cash Flow / Debt | 0.27 |
| Interest Coverage | -12.65 |
Financial Efficiency
Return on equity (ROE) is -0.63% and return on capital (ROIC) is -37.35%.
| Return on Equity (ROE) | -0.63% |
| Return on Assets (ROA) | -0.29% |
| Return on Capital (ROIC) | -37.35% |
| Revenue Per Employee | $368,867.05 |
| Profits Per Employee | $-140,263.01 |
| Employee Count | 346 |
| Asset Turnover | 0.76 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 6K |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by -49.07% in the last 52 weeks. The beta is 0.9, so Backblaze's price volatility has been higher than the market average.
| Beta | 0.9 |
| 52-Week Price Change | -49.07% |
| 50-Day Moving Average | 6.19 |
| 200-Day Moving Average | 6.37 |
| Relative Strength Index (RSI) | 38.41 |
| Average Volume (20 Days) | 425.74K |
Income Statement
In the last 12 months, Backblaze had revenue of 127.63M and earned -48.53M in profits. Earnings per share was -1.11.
| Revenue | 127.63M |
| Gross Profit | 69.34M |
| Operating Income | -46.29M |
| Net Income | -48.53M |
| EBITDA | -16.54M |
| EBIT | -46.29M |
| Earnings Per Share (EPS) | -1.11 |
Balance Sheet
The company has 45.78M in cash and 46.34M in debt, giving a net cash position of -563K.
| Cash & Cash Equivalents | 45.78M |
| Total Debt | 46.34M |
| Net Cash | -563K |
| Retained Earnings | -195.99M |
| Total Assets | 168.56M |
| Working Capital | 5.95M |
Cash Flow
In the last 12 months, operating cash flow was 12.51M and capital expenditures -1.71M, giving a free cash flow of 10.79M.
| Operating Cash Flow | 12.51M |
| Capital Expenditures | -1.71M |
| Free Cash Flow | 10.79M |
| FCF Per Share | 0.25 |
Margins
Gross margin is 54.33%, with operating and profit margins of -36.27% and -38.03%.
| Gross Margin | 54.33% |
| Operating Margin | -36.27% |
| Pretax Margin | -38.02% |
| Profit Margin | -38.03% |
| EBITDA Margin | -12.96% |
| EBIT Margin | -36.27% |
| FCF Margin | 8.46% |
Dividends & Yields
BLZE does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -21.31% |
| FCF Yield | 3.82% |
Analyst Forecast
The average price target for BLZE is $11, which is 111.1% higher than the current price. The consensus rating is "Buy".
| Price Target | $11 |
| Price Target Difference | 111.1% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
Scores
| Altman Z-Score | 0.27 |
| Piotroski F-Score | 5 |