Backblaze Inc.

4.69
0.00 (0.00%)
At close: Apr 17, 2025, 3:59 PM
4.57
-2.56%
After-hours: Apr 17, 2025, 07:27 PM EDT

Backblaze Statistics

Share Statistics

Backblaze has 54.87M shares outstanding. The number of shares has increased by 30.84% in one year.

Shares Outstanding 54.87M
Shares Change (YoY) 30.84%
Shares Change (QoQ) 7.21%
Owned by Institutions (%) 53.36%
Shares Floating 39.13M
Failed to Deliver (FTD) Shares 500
FTD / Avg. Volume 0.11%

Short Selling Information

The latest short interest is 970.83K, so 1.79% of the outstanding shares have been sold short.

Short Interest 970.83K
Short % of Shares Out 1.79%
Short % of Float 1.85%
Short Ratio (days to cover) 2.22

Valuation Ratios

The PE ratio is -5.4 and the forward PE ratio is 468.5. Backblaze's PEG ratio is 0.16.

PE Ratio -5.4
Forward PE 468.5
PS Ratio 2.05
Forward PS 1.6
PB Ratio 3.38
P/FCF Ratio 24.28
PEG Ratio 0.16
Financial Ratio History

Enterprise Valuation

Currently the Enterprise Value (EV) is not available for Backblaze.

EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

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
Debt / EBITDA -2.8
Debt / FCF 4.29
Interest Coverage -12.65

Financial Efficiency

Return on Equity is n/a and Return on Invested Capital is n/a.

Return on Equity n/a
Return on Assets n/a
Return on Invested Capital n/a
Revenue Per Employee $368.87K
Profits Per Employee $-140.26K
Employee Count 346
Asset Turnover 0.76
Inventory Turnover n/a

Taxes

Income Tax 6K
Effective Tax Rate -0.01%

Stock Price Statistics

The stock price has increased by -48.74% in the last 52 weeks. The beta is 1.02, so Backblaze's price volatility has been higher than the market average.

Beta 1.02
52-Week Price Change -48.74%
50-Day Moving Average 5.73
200-Day Moving Average 6.28
Relative Strength Index (RSI) 41.98
Average Volume (20 Days) 472.45K

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 -44.87M
Earnings Per Share (EPS) -1.11
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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 n/a
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for BLZE is $11, which is 135% higher than the current price. The consensus rating is "Buy".

Price Target $11
Price Target Difference 135%
Analyst Consensus Buy
Analyst Count 6
Stock Forecasts

Scores

Altman Z-Score -0.08
Piotroski F-Score 5