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. More Details
Excellent balance sheet and slightly overvalued.
Share Price & News
How has Blackline Safety's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BLN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BLN exceeded the Canadian Communications industry which returned -7.5% over the past year.
Return vs Market: BLN exceeded the Canadian Market which returned -7.8% over the past year.
Price Volatility Vs. Market
How volatile is Blackline Safety's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWho Has Been Selling Blackline Safety Corp. (CVE:BLN) Shares?
1 month ago | Simply Wall StIntroducing Blackline Safety (CVE:BLN), The Stock That Zoomed 275% In The Last Five Years
1 month ago | Simply Wall StThe Blackline Safety (CVE:BLN) Share Price Has Gained 275%, So Why Not Pay It Some Attention?
Is Blackline Safety undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BLN (CA$6.19) is trading below our estimate of fair value (CA$7.8)
Significantly Below Fair Value: BLN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BLN is unprofitable, so we can't compare its PE Ratio to the CA Communications industry average.
PE vs Market: BLN is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BLN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BLN is overvalued based on its PB Ratio (8.3x) compared to the CA Communications industry average (1.5x).
How is Blackline Safety forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if BLN's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if BLN's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BLN's revenue (29.1% per year) is forecast to grow faster than the Canadian market (5.6% per year).
High Growth Revenue: BLN's revenue (29.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BLN's Return on Equity is forecast to be high in 3 years time
How has Blackline Safety performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BLN is currently unprofitable.
Growing Profit Margin: BLN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BLN is unprofitable, and losses have increased over the past 5 years at a rate of 17.3% per year.
Accelerating Growth: Unable to compare BLN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BLN is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-24%).
Return on Equity
High ROE: BLN has a negative Return on Equity (-26.9%), as it is currently unprofitable.
How is Blackline Safety's financial position?
Financial Position Analysis
Short Term Liabilities: BLN's short term assets (CA$44.2M) exceed its short term liabilities (CA$17.0M).
Long Term Liabilities: BLN's short term assets (CA$44.2M) exceed its long term liabilities (CA$5.2M).
Debt to Equity History and Analysis
Debt Level: BLN's debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: BLN's debt to equity ratio has reduced from 8.5% to 0.3% over the past 5 years.
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.
Stable Cash Runway: BLN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BLN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Blackline Safety current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BLN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BLN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BLN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BLN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BLN's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Cody Slater (56 yo)
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 ...
CEO Compensation Analysis
Compensation vs Market: Cody's total compensation ($USD190.68K) is below average for companies of similar size in the Canadian market ($USD640.75K).
Compensation vs Earnings: Cody's compensation has increased whilst the company is unprofitable.
|Chairman of the Board & CEO||9.67yrs||CA$251.14k||2.61% |
|Chief Financial Officer||4.58yrs||CA$277.84k||0.13% |
|Chief Operating Officer||11.58yrs||CA$273.85k||0.17% |
|Vice President of Sales & Product Management||5.08yrs||CA$275.16k||0.20% |
|Vice President of Product Development||no data||CA$270.64k||0.57% |
|Co-Founder & CTO||no data||no data||1.08% |
|Managing Director of Blackline GPS Europe||6.33yrs||no data||no data|
Experienced Management: BLN's management team is seasoned and experienced (6.3 years average tenure).
|Chairman of the Board & CEO||9.67yrs||CA$251.14k||2.61% |
|Independent Director||9.67yrs||CA$95.62k||1.81% |
|Independent Director||11.58yrs||CA$89.62k||0.12% |
|Independent Director||9.42yrs||CA$89.62k||0.12% |
|Independent Director||4.25yrs||CA$89.62k||0.36% |
Experienced Board: BLN's board of directors are considered experienced (9.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BLN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14%.
Blackline Safety Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Blackline Safety Corp.
- Ticker: BLN
- Exchange: TSXV
- Founded: 2004
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: CA$335.962m
- Shares outstanding: 54.27m
- Website: https://www.blacklinesafety.com
- Blackline Safety Corp.
- 803 24 Avenue SE
- Unit 100
- T2G 1P5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BLN||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Feb 2009|
|BLKL.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Feb 2009|
|76Q||BST (Boerse-Stuttgart)||Yes||Common Shares||DE||EUR||Feb 2009|
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, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/21 06:36|
|End of Day Share Price||2020/09/18 00:00|
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.