Backblaze Inc. (BLZE)
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6.73
0.45%
After-hours Dec 13, 2024, 05:50 PM EST

Backblaze Statistics

Share Statistics

Backblaze has 50.65M shares outstanding. The number of shares has increased by 18.84% in one year.

Shares Outstanding 50.65M
Shares Change (YoY) n/a
Shares Change (QoQ) 3.37%
Owned by Institutions (%) n/a
Shares Floating 36.48M
Failed to Deliver (FTD) Shares 1
FTD / Avg. Volume 0%

Short Selling Information

The latest short interest is 1.07M, so 2.41% of the outstanding shares have been sold short.

Short Interest 1.07M
Short % of Shares Out 2.41%
Short % of Float 3.56%
Short Ratio (days to cover) 6.08

Valuation Ratios

The PE ratio is -4.58 and the forward PE ratio is -8.69.

PE Ratio -4.58
Forward PE -8.69
PS Ratio 2.68
Forward PS 2.3
PB Ratio 6.08
P/FCF Ratio -9.91
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

Backblaze Inc. has an Enterprise Value (EV) of 307.68M.

EV / Earnings -5.15
EV / Sales 3.02
EV / EBITDA -9.92
EV / EBIT -5.31
EV / FCF -11.16

Financial Position

The company has a current ratio of 0.67, with a Debt / Equity ratio of 0.11.

Current Ratio 0.67
Quick Ratio 0.67
Debt / Equity 0.11
Total Debt / Capitalization 10.05
Cash Flow / Debt -1.46
Interest Coverage -15.27

Financial Efficiency

Return on equity (ROE) is -1.33% and return on capital (ROIC) is -63.08%.

Return on Equity (ROE) -1.33%
Return on Assets (ROA) -0.45%
Return on Capital (ROIC) -63.08%
Revenue Per Employee 267.77K
Profits Per Employee -156.73K
Employee Count 381
Asset Turnover 0.77
Inventory Turnover 0

Taxes

Income Tax 0
Effective Tax Rate 0

Stock Price Statistics

The stock price has increased by -13.77% in the last 52 weeks. The beta is 0.99, so Backblaze 's price volatility has been higher than the market average.

Beta 0.99
52-Week Price Change -13.77%
50-Day Moving Average 6.9
200-Day Moving Average 7.35
Relative Strength Index (RSI) 55.07
Average Volume (20 Days) 356.16K

Income Statement

In the last 12 months, Backblaze had revenue of $102.02M and earned -$59.71M in profits. Earnings per share was $-1.66.

Revenue 102.02M
Gross Profit 49.86M
Operating Income -57.91M
Net Income -59.71M
EBITDA -31.02M
EBIT -57.91M
Earnings Per Share (EPS) -1.66
Full Income Statement

Balance Sheet

The company has $12.50M in cash and $46.85M in debt, giving a net cash position of -$34.35M.

Cash & Cash Equivalents 12.50M
Total Debt 46.85M
Net Cash -34.35M
Retained Earnings -147.45M
Total Assets 136.24M
Working Capital -27.30M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$7.35M and capital expenditures -$5.51M, giving a free cash flow of -$27.58M.

Operating Cash Flow -7.35M
Capital Expenditures -5.51M
Free Cash Flow -27.58M
FCF Per Share -0.77
Full Cash Flow Statement

Margins

Gross margin is 48.87%, with operating and profit margins of -56.76% and -58.53%.

Gross Margin 48.87%
Operating Margin -56.76%
Pretax Margin -58.53%
Profit Margin -58.53%
EBITDA Margin -30.41%
EBIT Margin -56.76%
FCF Margin -27.03%

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 -24.78%
FCF Yield -8.13%
Dividend Details

Analyst Forecast

The average price target for BLZE is $11, which is 64.2% higher than the current price. The consensus rating is "Buy".

Price Target $11
Price Target Difference 64.2%
Analyst Consensus Buy
Analyst Count 4
Stock Forecasts

Scores

Altman Z-Score 0.07
Piotroski F-Score 4