NasdaqCM:BLIN

Stock Analysis Report

Executive Summary

Bridgeline Digital, Inc. operates as a digital engagement company in the United States.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.


Similar Companies

Share Price & News

How has Bridgeline Digital's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-7.1%

BLIN

1.5%

US Software

1.3%

US Market


1 Year Return

-95.1%

BLIN

23.1%

US Software

5.9%

US Market

Return vs Industry: BLIN underperformed the US Software industry which returned 23.1% over the past year.

Return vs Market: BLIN underperformed the US Market which returned 5.9% over the past year.


Shareholder returns

BLINIndustryMarket
7 Day-7.1%1.5%1.3%
30 Day-21.7%-0.8%-1.9%
90 Day-24.1%-3.4%-1.8%
1 Year-95.1%-95.1%24.8%23.1%8.3%5.9%
3 Year-99.0%-99.0%122.8%114.1%45.6%36.2%
5 Year-99.8%-99.8%179.3%159.1%66.1%47.9%

Price Volatility Vs. Market

How volatile is Bridgeline Digital's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bridgeline Digital undervalued compared to its fair value and its price relative to the market?

1.51x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate BLIN's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate BLIN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BLIN is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: BLIN is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate BLIN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BLIN is good value based on its PB Ratio (1.5x) compared to the US Software industry average (5.1x).


Next Steps

Future Growth

How is Bridgeline Digital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.8%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bridgeline Digital has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Bridgeline Digital performed over the past 5 years?

-3.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BLIN is unprofitable, and losses have increased over the past 5 years at a rate of -3.6% per year.

Accelerating Growth: Unable to compare BLIN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BLIN is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (19.1%).


Return on Equity

High ROE: BLIN has a negative Return on Equity (-125.51%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: BLIN is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: BLIN is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Bridgeline Digital's financial position?


Financial Position Analysis

Short Term Liabilities: BLIN's short term assets ($3.5M) do not cover its short term liabilities ($4.3M)

Long Term Liabilities: BLIN's short term assets (3.5M) exceeds its long term liabilities (39.0K)


Debt to Equity History and Analysis

Debt Level: BLIN is debt free.

Reducing Debt: BLIN has no debt compared to 5 years ago when its debt to equity ratio was 27.4%.


Balance Sheet

Inventory Level: BLIN has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if BLIN's debt is covered by short term assets.


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: BLIN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BLIN has less than a year of cash runway if free cash flow continues to reduce at historical rates of -6.6% each year


Next Steps

Dividend

What is Bridgeline Digital's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate BLIN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BLIN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if BLIN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BLIN'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 BLIN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

1.5yrs

Average management tenure


CEO

Ari Kahn (50yo)

3.4yrs

Tenure

US$367,497

Compensation

Mr. Roger E. Kahn, also known as Ari, Ph.D., has been the Chief Executive Officer of Bridgeline Digital, Inc. since May 12, 2016 and its President since May 2016 and its Director since 2018. Mr. Kahn serve ...


CEO Compensation Analysis

Compensation vs. Market: Ari's total compensation ($USD367.50K) is about average for companies of similar size in the US market ($USD495.77K).

Compensation vs Earnings: Ari's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

1.5yrs

Average Tenure

Experienced Management: BLIN's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Age and Tenure

5.9yrs

Average Tenure

53yo

Average Age

Experienced Board: BLIN's board of directors are considered experienced (5.9 years average tenure).


Insider Trading

Insider Buying: BLIN insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$68,40307 Oct 19
Ziyad Binsalamah
EntityIndividual
Shares32,250
Max PriceUS$2.30
BuyUS$84,90905 Aug 19
Ziyad Binsalamah
EntityIndividual
Shares25,047
Max PriceUS$3.39

Ownership Breakdown


Management Team

  • Ari Kahn (50yo)

    President

    • Tenure: 3.4yrs
    • Compensation: US$367.50k
  • Mark Downey (53yo)

    Executive VP

    • Tenure: 0.3yrs
  • Tom McGourty

    Executive Vice President of Partnerships & Strategic Alliances

    • Tenure: 0.7yrs
  • Jim Voss

    Executive Vice President of Technology

    • Tenure: 2.3yrs
  • Brian Baloga

    Executive Vice President of Sales

    • Tenure: 0.6yrs
  • Carl Prizzi

    Executive VP of Product Marketing

    • Tenure: 0yrs
  • Stacey Ward

    Senior VP

    • Tenure: 6.2yrs

Board Members

  • Ari Kahn (50yo)

    President

    • Tenure: 3.4yrs
    • Compensation: US$367.50k
  • Joni Kahn (64yo)

    Independent Chairperson of the Board

    • Tenure: 4.4yrs
    • Compensation: US$29.34k
  • Michael Taglich (53yo)

    Director

    • Tenure: 5.9yrs
    • Compensation: US$21.34k
  • Ken Galaznik (68yo)

    Independent Director

    • Tenure: 13.8yrs
    • Compensation: US$31.34k
  • Scott Landers (48yo)

    Independent Director

    • Tenure: 9.8yrs
    • Compensation: US$29.34k

Company Information

Bridgeline Digital, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bridgeline Digital, Inc.
  • Ticker: BLIN
  • Exchange: NasdaqCM
  • Founded: 2000
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$4.750m
  • Shares outstanding: 2.79m
  • Website: https://www.bridgeline.com

Number of Employees


Location

  • Bridgeline Digital, Inc.
  • 80 Blanchard Road
  • Burlington
  • Massachusetts
  • 1803
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BLINNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJun 2007
BL42DB (Deutsche Boerse AG)YesCommon StockDEEURJun 2007
BL43BST (Boerse-Stuttgart)YesCommon StockDEEURJun 2007

Biography

Bridgeline Digital, Inc. operates as a digital engagement company in the United States. The company’s Bridgeline’s Unbound platform enables companies and developers to create Websites, Web applications, an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 00:00
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2018/09/30


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.