Backblaze Inc. (BLZE)
Backblaze Statistics
Share Statistics
Backblaze has 50.65M shares outstanding. The number of shares has increased by 34.71% in one year.
| Shares Outstanding | 50.65M |
| Shares Change (YoY) | 34.71% |
| Shares Change (QoQ) | 18.07% |
| Owned by Institutions (%) | 37.4% |
| Shares Floating | 36.47M |
| Failed to Deliver (FTD) Shares | 187 |
| FTD / Avg. Volume | 0.05% |
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 -4.58 and the forward PE ratio is -31.18. Backblaze 's PEG ratio is -2.49.
| PE Ratio | -4.58 |
| Forward PE | -31.18 |
| PS Ratio | 2.68 |
| Forward PS | 2.3 |
| PB Ratio | 6.08 |
| P/FCF Ratio | -9.91 |
| PEG Ratio | -2.49 |
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 1.04.
| Current Ratio | 0.67 |
| Quick Ratio | 0.67 |
| Debt / Equity | 1.04 |
| Total Debt / Capitalization | 51.04 |
| Cash Flow / Debt | -0.16 |
| 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 | n/a |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by -35.1% in the last 52 weeks. The beta is 0.92, so Backblaze 's price volatility has been higher than the market average.
| Beta | 0.92 |
| 52-Week Price Change | -35.1% |
| 50-Day Moving Average | 6.55 |
| 200-Day Moving Average | 6.56 |
| Relative Strength Index (RSI) | 63.37 |
| Average Volume (20 Days) | 408.77K |
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 |
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 |
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 |
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 | -22.28% |
| FCF Yield | -7.31% |
Analyst Forecast
The average price target for BLZE is $11, which is 47.7% higher than the current price. The consensus rating is "Buy".
| Price Target | $11 |
| Price Target Difference | 47.7% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
Scores
| Altman Z-Score | 0.18 |
| Piotroski F-Score | 4 |