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Dec 31, 2021

BlackLine Q4 2021 Earnings Report

Announced financial results for the fourth quarter and full-year ended December 31, 2021.

Key Takeaways

BlackLine announced strong fourth-quarter results, driven by strategic execution and expanded technology capabilities, including the acquisition of FourQ, enhancing their leadership in intercompany transaction solutions.

BlackLine executed its strategy and expanded existing technology capabilities.

The acquisition of FourQ increased BlackLine's leadership position in the intercompany transaction solutions market.

Strong market demand and execution are laying the foundation for long-term growth.

BlackLine is making investments in customer success, platform innovation, and global reach.

Total Revenue
$115M
Previous year: $95.7M
+20.5%
EPS
$0.08
Previous year: $0.21
-61.9%
Number of Customers
3.8K
Previous year: 3.4K
+11.8%
Gross Profit
$87.4M
Previous year: $76.5M
+14.1%
Cash and Equivalents
$540M
Previous year: $367M
+46.9%
Free Cash Flow
$18.6M
Previous year: $10.8M
+71.9%
Total Assets
$1.82B
Previous year: $1.11B
+63.2%

BlackLine

BlackLine

Forward Guidance

BlackLine provided financial outlook for the first quarter and full year of 2022, but details were not included in this document.