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Blackline Safety

TSXV:BLN
Snowflake Description

Flawless balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BLN
TSXV
CA$282M
Market Cap
  1. Home
  2. CA
  3. Tech
Company description

Blackline Safety Corp., a global connected safety technology company, develops, manufactures, and markets products and services for worker safety monitoring in Canada, the United States, Europe, Australia, New Zealand, and internationally. The last earnings update was 20 days ago. More info.


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BLN Share Price and Events
7 Day Returns
-2.1%
TSXV:BLN
-0.2%
CA Communications
0.6%
CA Market
1 Year Returns
8.2%
TSXV:BLN
-7%
CA Communications
4.4%
CA Market
BLN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Blackline Safety (BLN) -2.1% 4.4% 16.9% 8.2% 221.6% 296.7%
CA Communications -0.2% 3.1% 2.8% -7% -1.7% -8.9%
CA Market 0.6% 2.2% 8.8% 4.4% 15.7% 7.1%
1 Year Return vs Industry and Market
  • BLN outperformed the Communications industry which returned -7% over the past year.
  • BLN outperformed the Market in Canada which returned 4.4% over the past year.
Price Volatility
BLN
Industry
5yr Volatility vs Market

BLN Value

 Is Blackline Safety undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Blackline Safety. This is due to cash flow or dividend data being unavailable. The share price is CA$5.95.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Blackline Safety's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Blackline Safety's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:BLN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-01-31) in CAD CA$-0.22
TSXV:BLN Share Price ** TSXV (2019-04-16) in CAD CA$5.95
Canada Communications Industry PE Ratio Median Figure of 6 Publicly-Listed Communications Companies 58.36x
Canada Market PE Ratio Median Figure of 556 Publicly-Listed Companies 15.47x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Blackline Safety.

TSXV:BLN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:BLN Share Price ÷ EPS (both in CAD)

= 5.95 ÷ -0.22

-27.56x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Blackline Safety is loss making, we can't compare its value to the CA Communications industry average.
  • Blackline Safety is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Blackline Safety's expected growth come at a high price?
Raw Data
TSXV:BLN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -27.56x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
North America Communications Industry PEG Ratio Median Figure of 23 Publicly-Listed Communications Companies 1.34x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Blackline Safety, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Blackline Safety's assets?
Raw Data
TSXV:BLN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-01-31) in CAD CA$0.95
TSXV:BLN Share Price * TSXV (2019-04-16) in CAD CA$5.95
Canada Communications Industry PB Ratio Median Figure of 16 Publicly-Listed Communications Companies 1.76x
Canada Market PB Ratio Median Figure of 2,369 Publicly-Listed Companies 1.52x
TSXV:BLN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:BLN Share Price ÷ Book Value per Share (both in CAD)

= 5.95 ÷ 0.95

6.24x

* Primary Listing of Blackline Safety.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Blackline Safety is overvalued based on assets compared to the CA Communications industry average.
X
Value checks
We assess Blackline Safety's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. Blackline Safety has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BLN Future Performance

 How is Blackline Safety expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
56.3%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Blackline Safety expected to grow at an attractive rate?
  • Unable to compare Blackline Safety's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Blackline Safety's earnings growth to the Canada market average as no estimate data is available.
  • Blackline Safety's revenue growth is expected to exceed the Canada market average.
Annual Growth Rates Comparison
Raw Data
TSXV:BLN Future Growth Rates Data Sources
Data Point Source Value (per year)
TSXV:BLN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 56.3%
Canada Communications Industry Earnings Growth Rate Market Cap Weighted Average 100.7%
Canada Communications Industry Revenue Growth Rate Market Cap Weighted Average 18.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.2%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:BLN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:BLN Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-10-31 50 5 2
2019-10-31 27 2 2
TSXV:BLN Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-01-31 20 -8 -9
2018-10-31 18 -8 -9
2018-07-31 17 -7 -9
2018-04-30 14 -9 -9
2018-01-31 13 -10 -8
2017-10-31 12 -7 -9
2017-07-31 9 -8 -8
2017-04-30 9 -6 -7
2017-01-31 8 -6 -7
2016-10-31 8 -7 -7
2016-07-31 8 -4 -6
2016-04-30 8 -4 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Blackline Safety is high growth as no earnings estimate data is available.
  • Blackline Safety's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:BLN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Blackline Safety Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:BLN Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-10-31
2019-10-31
TSXV:BLN Past Financials Data
Date (Data in CAD Millions) EPS *
2019-01-31 -0.22
2018-10-31 -0.23
2018-07-31 -0.25
2018-04-30 -0.26
2018-01-31 -0.24
2017-10-31 -0.27
2017-07-31 -0.26
2017-04-30 -0.26
2017-01-31 -0.27
2016-10-31 -0.26
2016-07-31 -0.23
2016-04-30 -0.23

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Blackline Safety will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Blackline Safety's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Blackline Safety has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BLN Past Performance

  How has Blackline Safety performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Blackline Safety's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Blackline Safety does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Blackline Safety's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Blackline Safety's 1-year growth to the CA Communications industry average as it is not currently profitable.
Earnings and Revenue History
Blackline Safety's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Blackline Safety Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:BLN Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-01-31 20.20 -9.14 12.58 5.54
2018-10-31 17.77 -9.00 11.31 5.33
2018-07-31 16.51 -9.24 11.35 5.15
2018-04-30 14.13 -9.31 10.91 4.81
2018-01-31 12.91 -8.10 9.08 4.72
2017-10-31 11.62 -8.56 9.03 4.76
2017-07-31 9.43 -8.01 7.22 4.94
2017-04-30 9.03 -7.43 6.44 5.10
2017-01-31 8.45 -7.42 6.55 5.00
2016-10-31 8.00 -6.69 5.76 4.82
2016-07-31 8.17 -5.74 5.45 4.45
2016-04-30 7.98 -5.66 5.51 4.03
2016-01-31 7.63 -4.67 5.19 3.10
2015-10-31 7.27 -4.15 4.89 2.69
2015-07-31 7.06 -4.05 4.68 2.45
2015-04-30 6.10 -3.85 4.36 2.23
2015-01-31 5.21 -4.48 4.31 2.51
2014-10-31 4.18 -4.54 4.13 2.26
2014-07-31 3.08 -4.51 3.86 2.07
2014-04-30 2.97 -4.13 3.68 1.79
2014-01-31 2.97 -3.63 3.27 1.75
2013-10-31 2.88 -3.59 3.17 1.74
2013-07-31 2.79 -3.05 2.93 1.50
2013-04-30 2.76 -3.05 2.98 1.40
2013-01-31 2.58 -3.11 2.97 1.32
2012-10-31 2.64 -3.11 3.11 1.21
2012-07-31 2.38 -3.26 3.07 1.29
2012-04-30 2.32 -3.17 2.83 1.29

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Blackline Safety has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Blackline Safety has efficiently used its assets last year compared to the CA Communications industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Blackline Safety improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Blackline Safety's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Blackline Safety has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BLN Health

 How is Blackline Safety's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Blackline Safety's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Blackline Safety is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Blackline Safety's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Blackline Safety's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 123x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Blackline Safety Company Filings, last reported 2 months ago.

TSXV:BLN Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-01-31 45.00 0.40 35.31
2018-10-31 46.40 0.40 39.69
2018-07-31 18.97 0.30 13.03
2018-04-30 20.74 0.40 15.54
2018-01-31 21.48 0.43 17.18
2017-10-31 14.69 0.82 13.68
2017-07-31 16.10 0.82 15.26
2017-04-30 18.29 0.68 18.67
2017-01-31 3.99 0.70 5.13
2016-10-31 5.10 0.62 6.29
2016-07-31 7.06 0.50 8.71
2016-04-30 2.18 0.42 3.15
2016-01-31 3.80 0.42 5.43
2015-10-31 4.74 0.37 6.73
2015-07-31 5.83 0.40 6.62
2015-04-30 6.29 0.78 7.55
2015-01-31 2.34 1.04 3.89
2014-10-31 3.13 1.10 3.82
2014-07-31 3.97 0.60 4.29
2014-04-30 4.97 0.30 5.13
2014-01-31 2.78 0.30 2.96
2013-10-31 3.63 0.25 3.55
2013-07-31 4.63 0.14 4.34
2013-04-30 5.44 0.13 5.19
2013-01-31 6.27 0.07 5.78
2012-10-31 7.05 0.07 6.53
2012-07-31 7.54 0.07 7.08
2012-04-30 4.38 0.02 4.11
  • Blackline Safety's level of debt (0.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (10.8% vs 0.9% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Blackline Safety has sufficient cash runway for 2.6 years based on current free cash flow.
  • Blackline Safety has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 37.9% each year.
X
Financial health checks
We assess Blackline Safety's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Blackline Safety has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BLN Dividends

 What is Blackline Safety's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Blackline Safety dividends.
If you bought CA$2,000 of Blackline Safety shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Blackline Safety's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Blackline Safety's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:BLN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
North America Communications Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 2.3%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSXV:BLN Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2020-10-31
2019-10-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Blackline Safety has not reported any payouts.
  • Unable to verify if Blackline Safety's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Blackline Safety's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Blackline Safety has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Blackline Safety's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Blackline Safety afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Blackline Safety has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BLN Management

 What is the CEO of Blackline Safety's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Cody Slater
COMPENSATION CA$214,824
AGE 54
TENURE AS CEO 8.3 years
CEO Bio

Mr. Cody Z. Slater has been the Chief Executive Officer of Blackline Safety Corp. since January 10, 2011 and serves as its Chairman of the Board. Mr. Slater has served as the President and Chief Executive of BW Technologies, Ltd. (BWT), a subsidiary of First Technology PLC. Mr. Slater founded BWT in 1986. He has been a Director at Blackline Safety Corp. since February 25, 2009. He served as an Executive Director of First Technology PLC from October 21, 2004 to March 24, 2006. He served as a Director of Picasso Inc., since October 2006 and BW Technologies Ltd. Mr. Slater's achievements have garnered numerous awards including Canada's Top 40 Under 40, Alberta's Most Influential Top 50 People, Ernst and Young's Entrepreneur of the Year and the Certificate of Merit for Business Excellence by Industry, Science and Technology Canada.

CEO Compensation
  • Cody's compensation has been consistent with company performance over the past year.
  • Cody's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Blackline Safety management team in years:

4.3
Average Tenure
  • The tenure for the Blackline Safety management team is about average.
Management Team

Cody Slater

TITLE
Chairman of the Board & CEO
COMPENSATION
CA$215K
AGE
54
TENURE
8.3 yrs

Shane Grennan

TITLE
Chief Financial Officer
COMPENSATION
CA$253K
TENURE
3.2 yrs

Kevin Meyers

TITLE
Chief Operating Officer
COMPENSATION
CA$268K
TENURE
10.2 yrs

Sean Stinson

TITLE
Vice President of Sales & Product Management
COMPENSATION
CA$252K
TENURE
3.7 yrs

Barry Moore

TITLE
Vice President of Product Development
COMPENSATION
CA$251K

Brendon Cook

TITLE
Co-Founder & CTO

Bernadette Geronazzo

TITLE
Director of Public Relations
TENURE
1.4 yrs

Gavin Boorman

TITLE
Managing Director of Blackline GPS Europe
TENURE
4.9 yrs
Board of Directors Tenure

Average tenure and age of the Blackline Safety board of directors in years:

8.1
Average Tenure
65
Average Age
  • The tenure for the Blackline Safety board of directors is about average.
Board of Directors

Cody Slater

TITLE
Chairman of the Board & CEO
COMPENSATION
CA$215K
AGE
54

Bob Herdman

TITLE
Independent Director
COMPENSATION
CA$111K
AGE
67
TENURE
8 yrs

Michael Hayduk

TITLE
Independent Director
COMPENSATION
CA$111K
AGE
65
TENURE
10.2 yrs

John Finbow

TITLE
Independent Director
COMPENSATION
CA$117K
TENURE
8.3 yrs

Brad Gilewich

TITLE
Director
COMPENSATION
CA$111K
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • Blackline Safety insiders have sold more shares than they have bought in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
04. Apr 19 Buy John Finbow Individual 03. Apr 19 03. Apr 19 1,700 CA$5.75 CA$9,775
26. Mar 19 Sell Kevin Meyers Individual 21. Mar 19 21. Mar 19 -7,000 CA$5.60 CA$-39,200
17. Jan 19 Buy Shane Grennan Individual 17. Jan 19 17. Jan 19 2,100 CA$5.20 CA$10,920
14. Jan 19 Buy DAK Investments Corp Company 11. Jan 19 11. Jan 19 1,100 CA$5.00 CA$5,500
10. Jan 19 Buy John Finbow Individual 10. Jan 19 10. Jan 19 3,370 CA$5.15 CA$17,299
09. Jan 19 Buy DAK Investments Corp Company 07. Jan 19 08. Jan 19 2,400 CA$5.09 CA$12,097
07. Jan 19 Buy DAK Investments Corp Company 04. Jan 19 04. Jan 19 21,200 CA$5.00 CA$105,992
01. Jan 19 Buy DAK Investments Corp Company 27. Dec 18 28. Dec 18 6,300 CA$5.04 CA$31,441
21. Dec 18 Buy DAK Investments Corp Company 18. Dec 18 19. Dec 18 18,400 CA$5.00 CA$91,831
12. Sep 18 Buy Shane Grennan Individual 12. Sep 18 12. Sep 18 4,000 CA$5.00 CA$20,000
12. Sep 18 Buy Kevin Meyers Individual 12. Sep 18 12. Sep 18 4,000 CA$5.00 CA$20,000
12. Sep 18 Buy Cody Slater Individual 12. Sep 18 12. Sep 18 4,000 CA$5.00 CA$19,944
02. Aug 18 Sell Michael Hayduk Individual 31. Jul 18 31. Jul 18 -2,300 CA$5.80 CA$-13,240
16. Jul 18 Sell John Finbow Individual 16. Jul 18 16. Jul 18 -25,200 CA$5.50 CA$-138,600
30. Apr 18 Buy John Finbow Individual 30. Apr 18 30. Apr 18 2,200 CA$5.65 CA$12,430
25. Apr 18 Buy John Finbow Individual 24. Apr 18 24. Apr 18 3,600 CA$5.65 CA$20,340
X
Management checks
We assess Blackline Safety's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Blackline Safety has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BLN News

Simply Wall St News

The Blackline Safety Share Price Is Up 344% And Shareholders Are Delighted

Because Blackline Safety is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. … For the last half decade, Blackline Safety can boast revenue growth at a rate of 32% per year.

Simply Wall St -

How Much Are Blackline Safety Corp. (CVE:BLN) Insiders Taking Off The Table?

(CVE:BLN), you may well want to know whether insiders have been buying or selling. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … Blackline Safety Insider Transactions Over The Last Year.

Simply Wall St -

How Financially Strong Is Blackline Safety Corp (TSXV:BLN)?

In the case of BLN, operating cash flow turned out to be -9.86x its debt level over the past twelve months. … As cash flow from operation is hindered by adverse events, BLN may need to liquidate its short-term assets to meet these upcoming payments. … Although BLN’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

BLN Company Info

Description

Blackline Safety Corp., a global connected safety technology company, develops, manufactures, and markets products and services for worker safety monitoring in Canada, the United States, Europe, Australia, New Zealand, and internationally. The company offers G7c, a safety monitoring device for indoor and outdoor locations covered by 3G wireless; G7x, a safety monitoring device for remote locations that are not covered by 3G wireless; standard cartridge for lone worker monitoring, single-gas cartridge for gas detection scenarios requiring only a single sensor, and multi-gas diffusion and pump cartridges for gas detection scenarios requiring up to five sensors; G7 Bridge, a portable satellite base station for remote locations, communicates with G7x; and G7 Dock, an accessory product used to calibrate G7c and G7x devices periodically while also offering frequent testing to prove that gas sensors are fully functional. It also provides Loner Mobile, a safety monitoring application for mainstream smartphones; Loner Duo, a Bluetooth accessory for Loner Mobile for medium to high risk work-alone scenarios; Loner M6, a lone worker monitoring device; Blackline Location Beacon, an indoor/outdoor location technology; Blackline Live, a cloud-hosted live safety monitoring portal for safety alert management; and Blackline monitoring, a 24/7/365 live monitoring service. In addition, the company offers portable tracking solutions for package tracking, loss prevention, surveillance, asset security, and vehicle tracking applications. It serves utilities and public works, oil and gas, natural resources, government, engineering and construction, healthcare, manufacturing, biotech and pharma, and transportation and logistics industries through a network of distributors, as well as directly. The company was formerly known as Blackline GPS Corp. and changed its name to Blackline Safety Corp. in July 2015. Blackline Safety Corp. was founded in 2004 and is headquartered in Calgary, Canada.

Details
Name: Blackline Safety Corp.
BLN
Exchange: TSXV
Founded: 2004
CA$281,611,679
47,329,694
Website: http://www.blacklinesafety.com
Address: Blackline Safety Corp.
1215 – 13 Street SE,
Suite 101,
Calgary,
Alberta, T2G 3J4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV BLN Common Shares TSX Venture Exchange CA CAD 27. Feb 2009
OTCPK BLKL.F Common Shares Pink Sheets LLC US USD 27. Feb 2009
BST 76Q Common Shares Boerse-Stuttgart DE EUR 27. Feb 2009
Number of employees
Current staff
Staff numbers
0
Blackline Safety employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/17 00:28
End of day share price update: 2019/04/16 00:00
Last estimates confirmation: 2019/04/01
Last earnings filing: 2019/03/28
Last earnings reported: 2019/01/31
Last annual earnings reported: 2018/10/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.