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Blackline Safety Corp. (BLN.TO)
Key financial summary
Financials in CAD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | CAD m | 38 | 54 | 73 | 100 | 127 | 150 | 160 |
| Operating profit | CAD m | -6 | -8 | |||||
| Net profit | CAD m | -8 | -33 | -54 | -26 | -13 | -9 | -10 |
| EPS reported | CAD | -0.10 | -0.11 | |||||
| Operating cashflow per share | CAD | -0.10 | 0.06 | |||||
| Capex per share | CAD | 0.08 | 0.08 | |||||
| FCF per share | CAD | -0.17 | -0.02 | |||||
| Free cash flow | CAD m | -14 | -2 | |||||
| Net debt | CAD m | -36 | -36 | |||||
| Book value equity | CAD m | 78 | 70 | |||||
| Book value per share | CAD | 0.94 | 0.83 | |||||
| Number of shares | m | 83.45 | 85.32 | |||||
| DPS (TTM paid) | CAD | 0.00 | 0.00 |
Financial summary
Financials in CAD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | 7.45 | 10.96 | |||||
| P/S LTM | x | 3.87 | 4.83 | |||||
| P/FCF LTM | x | -40.20 | -484.83 | |||||
| EV/EBITDA LTM | x | 113.61 | 149.05 | |||||
| EV/Sales LTM | x | 3.73 | 4.60 | |||||
| Earnings Yield LTM | % | -1.49% | -1.27% | |||||
| FCF Yield | % | -2.49% | -0.21% | |||||
| Quality | ||||||||
| ROE | % | -11.10% | -13.09% | |||||
| ROIC | % | -5.81% | -8.27% | |||||
| Operating margin | % | -4.23% | -5.25% | |||||
| Gross margin | % | 62.24% | 65.36% | |||||
| FCF/Sales | % | -9.62% | -1.00% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | +18.21% | +11.89% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | - | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | -1.12 | -0.13 | |||||
| Net Debt/EBITDA | x | -3.99 | -6.76 | |||||
| EBIT/Net interest | x | -3.00 | -5.94 | |||||
| Net debt/market cap | % | -6.26% | -4.64% | |||||
| Net debt/Equity | x | -0.47 | -0.51 | |||||
| Gross debt/equity | x | 0.17 | 0.18 | |||||
Company overview
Blackline Safety Corp., headquartered in Calgary, Canada, is a company established in 2004 that specializes in the development, manufacturing, and distribution of worker safety monitoring products and services. Its reach extends globally, encompassing operations in Canada, the United States, Europe, Australia, and New Zealand. The company's core offerings include a range of connected safety devices. These feature the G7c, a wearable for indoor and outdoor use with 3G wireless connectivity; the G7x, designed for remote worker safety; and the G7 EXO, a cloud-connected area monitor. Supporting these devices are accessories such as the G7 Dock for calibration and the G7 Bridge, a portable satellite base station. Many of these connected devices utilize field-replaceable cartridges and are integral to Blackline's lone worker monitoring solutions. Beyond hardware, Blackline provides a comprehensive suite of cloud-based software and services. This includes Blackline Live, a portal for real-time safety alert management and compliance reporting; Blackline Analytics, a robust data analytics package; and Blackline Vision, offering data science consulting and software. Their Blackline monitoring services are complemented by Blackline Location Beacon technology for precise indoor and outdoor positioning. Additional solutions comprise Loner Mobile, a smartphone safety application, paired with the Loner Duo Bluetooth accessory for enhanced protection in medium to high-risk solo work environments. They also offer various gas sensors, including single and multi-gas diffusion and pump cartridges, alongside specialized industrial contact tracing solutions for COVID-19. Furthermore, Blackline provides portable tracking capabilities for applications such as package tracking, asset security, loss prevention, surveillance, and vehicle tracking. Blackline Safety Corp. caters to a diverse client base across numerous sectors. These include municipalities and utilities, oil and gas, renewable energy, hazmat and fire response, petrochemical, rail transportation, steel manufacturing, biotech and pharmaceutical manufacturing, agriculture, construction, mining, and the pulp and paper and wood products manufacturing industries. The company, originally incorporated as Blackline GPS Corp., adopted its current name, Blackline Safety Corp., in July 2015.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Blackline Safety Corp. (BLN.TO)
Blackline Safety Corp., headquartered in Calgary, Canada, is a company established in 2004 that specializes in the development, manufacturing, and distribution of worker safety monitoring products and services. Its reach extends globally, encompassing operations in Canada, the United States, Europe, Australia, and New Zealand. The company's core offerings include a range of connected safety devices. These feature the G7c, a wearable for indoor and outdoor use with 3G wireless connectivity; the G7x, designed for remote worker safety; and the G7 EXO, a cloud-connected area monitor. Supporting these devices are accessories such as the G7 Dock for calibration and the G7 Bridge, a portable satellite base station. Many of these connected devices utilize field-replaceable cartridges and are integral to Blackline's lone worker monitoring solutions. Beyond hardware, Blackline provides a comprehensive suite of cloud-based software and services. This includes Blackline Live, a portal for real-time safety alert management and compliance reporting; Blackline Analytics, a robust data analytics package; and Blackline Vision, offering data science consulting and software. Their Blackline monitoring services are complemented by Blackline Location Beacon technology for precise indoor and outdoor positioning. Additional solutions comprise Loner Mobile, a smartphone safety application, paired with the Loner Duo Bluetooth accessory for enhanced protection in medium to high-risk solo work environments. They also offer various gas sensors, including single and multi-gas diffusion and pump cartridges, alongside specialized industrial contact tracing solutions for COVID-19. Furthermore, Blackline provides portable tracking capabilities for applications such as package tracking, asset security, loss prevention, surveillance, and vehicle tracking. Blackline Safety Corp. caters to a diverse client base across numerous sectors. These include municipalities and utilities, oil and gas, renewable energy, hazmat and fire response, petrochemical, rail transportation, steel manufacturing, biotech and pharmaceutical manufacturing, agriculture, construction, mining, and the pulp and paper and wood products manufacturing industries. The company, originally incorporated as Blackline GPS Corp., adopted its current name, Blackline Safety Corp., in July 2015.
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