Backblaze Inc

Technology US BLZE

5.19USD
0.03(0.58%)

Last update at 2025-07-14T16:53:00Z

Day Range

5.125.23
LowHigh

52 Week Range

4.9112.65
LowHigh

Fundamentals

  • Previous Close 5.16
  • Market Cap358.02M
  • Volume71265
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-22.06700M
  • Revenue TTM122.58M
  • Revenue Per Share TTM3.63
  • Gross Profit TTM 43.86M
  • Diluted EPS TTM-1.12

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax -51.73700M -21.60800M -6.61800M -0.98000M
Minority interest - - - -
Net income -51.69800M -21.70400M -6.62300M -0.99600M
Selling general administrative 23.77M 12.90M 6.72M 3.07M
Selling and marketing expenses 35.40M 19.70M 11.92M 8.17M
Gross profit 43.86M 34.34M 27.98M 20.62M
Reconciled depreciation 20.15M 16.32M 12.95M 9.32M
Ebit -48.41300M -18.79400M -3.73200M 0.95M
Ebitda -28.26200M -3.90800M 9.22M 10.27M
Depreciation and amortization 20.15M 14.89M 12.95M 9.32M
Non operating income net other - 2.30M - -
Operating income -48.41300M -18.79400M -3.73200M 0.95M
Other operating expenses 133.57M 86.27M 57.52M 39.80M
Interest expense 4.29M 3.68M 2.89M 1.93M
Tax provision -0.03900M 0.10M 0.00500M 0.02M
Interest income - - - -
Net interest income -4.28900M -3.67700M -2.88600M -1.92900M
Extraordinary items - - - -
Non recurring - - - -
Other items - - - -
Income tax expense -0.03900M 0.10M 0.00500M 0.02M
Total revenue 85.16M 67.48M 53.78M 40.75M
Total operating expenses 92.28M 53.13M 31.71M 19.67M
Cost of revenue 41.29M 33.14M 25.80M 20.13M
Total other income expense net -3.32400M -2.81400M -2.88600M -1.92900M
Discontinued operations - - - -
Net income from continuing ops -51.69800M -21.70400M -6.62300M -0.99600M
Net income applicable to common shares -51.69800M -21.70400M -6.62300M -0.99600M
Preferred stock and other adjustments - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 131.69M 150.91M 163.58M 54.47M 38.63M
Intangible assets 32.52M 16.70M 7.64M 5.68M 3.88M
Earning assets - - - - -
Other current assets 4.76M 6.58M 0.82M 0.83M 0.00300M
Total liab 86.75M 82.36M 68.09M 61.31M 41.22M
Total stockholder equity 44.94M 68.56M 95.49M -6.84000M -2.59400M
Deferred long term liab - - - - -
Other current liab 7.57M 8.06M 7.62M 5.13M 2.70M
Common stock 0.00400M 0.00400M 0.00300M 0.00500M 0.00500M
Capital stock 0.00400M 0.00400M 0.00300M 0.00500M 0.00500M
Retained earnings -147.45400M -88.04100M -36.34300M -14.63900M -8.28300M
Other liab - 2.61M 3.43M 2.62M 1.66M
Good will - - - - -
Other assets - 5.10M 1.79M 0.81M 0.83M
Cash 12.50M 6.69M 104.84M 6.08M 6.98M
Cash and equivalents - - - - -
Total current liabilities 57.09M 54.92M 45.06M 36.37M 28.24M
Current deferred revenue 25.98M 22.91M 21.72M 17.59M 15.77M
Net debt 34.35M 38.18M -71.59500M 25.40M 9.78M
Short term debt 21.26M 20.04M 13.64M 11.95M 8.23M
Short long term debt - - - 0.63M -
Short long term debt total 46.85M 44.87M 33.25M 31.48M 16.76M
Other stockholder equity 192.39M 156.59M 131.83M 7.79M 5.68M
Property plant equipment - 56.26M 43.07M 38.75M 24.83M
Total current assets 38.51M 72.85M 111.08M 9.23M 9.08M
Long term investments - - - - -
Net tangible assets - 51.85M 87.85M -12.52200M -6.47200M
Short term investments 16.80M 58.73M - - -
Net receivables 4.45M 0.86M 0.31M 1.32M 1.11M
Long term debt 4.13M 4.30M - 1.64M -
Inventory - - 5.11M 1.01M 0.99M
Accounts payable 2.28M 3.90M 2.08M 1.71M 1.55M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - -163.58100M - -
Additional paid in capital - - - - -
Common stock total equity - - 0.00300M - -
Preferred stock total equity - - - - -
Retained earnings total equity - - -36.34300M - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.94M 5.10M 1.79M 0.81M 0.83M
Deferred long term asset charges - - - - -
Non current assets total 93.17M 78.06M 52.50M 45.24M 29.54M
Capital lease obligations 41.83M 40.56M 33.25M 29.21M 16.76M
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -73.85400M -11.19000M -4.97300M -3.23200M
Change to liabilities 1.74M 5.97M 2.11M 4.05M
Total cashflows from investing activities -73.85400M -11.19000M -4.97300M -3.23200M
Net borrowings -12.18700M 2.15M -8.59100M -7.73300M
Total cash from financing activities -6.21200M 106.61M -8.74800M -7.73300M
Change to operating activities -2.40400M -2.63900M 1.93M -0.35300M
Net income -51.69800M -21.70400M -6.62300M -0.99600M
Change in cash -93.84700M 98.94M -0.90200M 2.24M
Begin period cash flow 105.01M 6.08M 6.98M 4.74M
End period cash flow 11.16M 105.01M 6.08M 6.98M
Total cash from operating activities -13.78100M 3.52M 12.82M 13.20M
Issuance of capital stock 0.00000M 106.95M - -
Depreciation 20.15M 16.32M 12.95M 9.32M
Other cashflows from investing activities - -3.61100M - -
Dividends paid - - - -
Change to inventory - -2.63900M 1.93M -0.35300M
Change to account receivables -0.54700M -0.10000M -0.12800M -0.02000M
Sale purchase of stock - 104.45M - -
Other cashflows from financing activities 6.03M 11.81M 2.12M -3.23200M
Change to netincome 18.98M 4.89M 1.92M 1.20M
Capital expenditures 15.98M 11.21M 4.97M 3.58M
Change receivables - -0.10000M - -
Cash flows other operating - 1.06M - -
Exchange rate changes - - - -
Cash and cash equivalents changes - 98.94M - -
Change in working capital -1.21400M 3.23M 3.91M 3.68M
Stock based compensation 17.35M 5.63M 1.88M 1.39M
Other non cash items 1.63M 2.35M 0.66M -0.18400M
Free cash flow -29.76400M -7.68700M 7.84M 9.62M

Peer Comparison

Sector: Technology Industry: Software - Infrastructure

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BLZE
Backblaze Inc
0.03 0.58% 5.19 - - 2.92 8.29 3.13 -5.8653
MSFT
Microsoft Corporation
-0.95 0.19% 502.37 37.32 29.94 13.03 12.45 13.06 24.59
ORCL
Oracle Corporation
-0.535 0.23% 230.03 29.34 18.66 5.55 74.06 7.10 18.13
ADBE
Adobe Systems Incorporated
2.06 0.57% 365.41 46.32 26.81 11.51 16.73 11.55 31.20
PANW
Palo Alto Networks Inc
3.74 2.00% 191.13 44.57 45.05 11.98 20.70 11.82 77.11

Reports Covered

Stock Research & News

Profile

Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases, such as public, hybrid, and multi-cloud data storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; backup, archive, and tape replacement; repository for analytics, artificial intelligence and machine learning; and Internet of Things. In addition, the company offers Backblaze Computer Backup that automatically backs up data from laptops and desktops for businesses and individuals, which provides a subscription-based Software-as-a-Service and serves use cases, including computer backup, ransomware protection, theft and loss protection, and remote access. It serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was incorporated in 2007 and is headquartered in San Mateo, California.

Backblaze Inc

201 Baldwin Ave., San Mateo, CA, United States, 94401

Key Executives

Name Title Year Born
Mr. Gleb Budman Co-Founder, CEO & Chairman 1975
Mr. Brian Wilson Founder 1967
Mr. Francis P. Patchel Chief Financial Officer 1958
Mr. Tim Nufire Chief Cloud Officer & Director 1965
Mr. Brian Beach Chief Technology Officer NA
Mr. James Martin Kisner C.F.A., III VP of Investor Relations NA
Mr. Thomas L. MacMitchell Esq. Gen. Counsel & Chief Compliance Officer NA
Mr. Nilay Patel VP of Sales NA
Mr. Kevin Gavin Chief Marketing Officer 1959
Mr. Robert Fitt Chief HR Officer NA

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