Backblaze, Inc. Logo

Backblaze, Inc.

BLZE

(1.0)
Stock Price

6,42 USD

-54.58% ROA

-100.96% ROE

-5.53x PER

Market Cap.

274.560.000,00 USD

52.34% DER

0% Yield

-37.13% NPM

Backblaze, Inc. Stock Analysis

Backblaze, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Backblaze, Inc. Fundamental Stock Analysis
# Analysis Rating
1 Revenue Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

2 DER

The stock maintains a fair debt to equity ratio (85%), indicating a reasonable balance between the money it owes and the ownership it possesses.

3 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

4 ROE

Negative ROE (-92.47%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-54.46%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

6 PBV

The stock's high Price-to-Book Value (P/BV) ratio (4.21x) suggests it's overvalued, potentially making it an expensive investment.

7 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

8 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

10 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (-32), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

Backblaze, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Backblaze, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

Backblaze, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Backblaze, Inc. Revenue
Year Revenue Growth
2019 40.748.000
2020 53.784.000 24.24%
2021 67.479.000 20.3%
2022 85.155.000 20.76%
2023 101.196.000 15.85%
2023 102.019.000 0.81%
2024 125.140.000 18.48%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Backblaze, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2019 8.436.000
2020 13.069.000 35.45%
2021 20.536.000 36.36%
2022 33.107.000 37.97%
2023 38.556.000 14.13%
2023 37.216.000 -3.6%
2024 38.356.000 2.97%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Backblaze, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2019 3.070.000
2020 6.722.000 54.33%
2021 12.901.000 47.9%
2022 23.770.000 45.73%
2023 27.776.000 14.42%
2023 26.965.000 -3.01%
2024 25.832.000 -4.39%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Backblaze, Inc. EBITDA
Year EBITDA Growth
2019 10.267.000
2020 9.219.000 -11.37%
2021 -3.908.000 335.9%
2022 -28.262.000 86.17%
2023 -36.372.000 22.3%
2023 -29.377.000 -23.81%
2024 -11.136.000 -163.8%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Backblaze, Inc. Gross Profit
Year Gross Profit Growth
2019 20.621.000
2020 27.983.000 26.31%
2021 34.341.000 18.51%
2022 43.863.000 21.71%
2023 47.012.000 6.7%
2023 49.857.000 5.71%
2024 68.916.000 27.66%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Backblaze, Inc. Net Profit
Year Net Profit Growth
2019 -996.000
2020 -6.623.000 84.96%
2021 -21.704.000 69.48%
2022 -51.698.000 58.02%
2023 -64.220.000 19.5%
2023 -59.713.000 -7.55%
2024 -41.392.000 -44.26%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Backblaze, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2019 0
2020 0 0%
2021 -1 0%
2022 -2 100%
2023 -2 0%
2023 -2 0%
2024 -1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Backblaze, Inc. Free Cashflow
Year Free Cashflow Growth
2019 9.625.000
2020 7.844.000 -22.71%
2021 -7.687.000 202.04%
2022 -29.764.000 74.17%
2023 -27.578.000 -7.93%
2023 -4.480.000 -515.58%
2024 -1.350.000 -231.85%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Backblaze, Inc. Operating Cashflow
Year Operating Cashflow Growth
2019 13.203.000
2020 12.819.000 -3%
2021 3.520.000 -264.18%
2022 -13.781.000 125.54%
2023 -7.350.000 -87.5%
2023 -170.000 -4223.53%
2024 2.227.000 107.63%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Backblaze, Inc. Capital Expenditure
Year Capital Expenditure Growth
2019 3.578.000
2020 4.975.000 28.08%
2021 11.207.000 55.61%
2022 15.983.000 29.88%
2023 20.228.000 20.99%
2023 4.310.000 -369.33%
2024 3.577.000 -20.49%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Backblaze, Inc. Equity
Year Equity Growth
2019 -2.594.000
2020 -6.840.000 62.08%
2021 95.486.000 107.16%
2022 68.558.000 -39.28%
2023 47.358.000 -44.77%
2023 44.938.000 -5.39%
2024 45.098.000 0.35%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Backblaze, Inc. Assets
Year Assets Growth
2019 38.626.000
2020 54.469.000 29.09%
2021 163.581.000 66.7%
2022 150.913.000 -8.39%
2023 134.749.000 -12%
2023 131.687.000 -2.33%
2024 127.776.000 -3.06%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Backblaze, Inc. Liabilities
Year Liabilities Growth
2019 41.220.000
2020 61.309.000 32.77%
2021 68.095.000 9.97%
2022 82.355.000 17.32%
2023 87.391.000 5.76%
2023 86.749.000 -0.74%
2024 82.678.000 -4.92%

Backblaze, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.74
Net Income per Share
-1.16
Price to Earning Ratio
-5.53x
Price To Sales Ratio
2.38x
POCF Ratio
30.93
PFCF Ratio
-39.07
Price to Book Ratio
5.98
EV to Sales
2.66
EV Over EBITDA
-17.84
EV to Operating CashFlow
35.23
EV to FreeCashFlow
-43.71
Earnings Yield
-0.18
FreeCashFlow Yield
-0.03
Market Cap
0,27 Bil.
Enterprise Value
0,31 Bil.
Graham Number
5.28
Graham NetNet
-1.3

Income Statement Metrics

Net Income per Share
-1.16
Income Quality
-0.18
ROE
-1.06
Return On Assets
-0.33
Return On Capital Employed
-0.53
Net Income per EBT
1
EBT Per Ebit
1.11
Ebit per Revenue
-0.33
Effective Tax Rate
0.07

Margins

Sales, General, & Administrative to Revenue
0.23
Research & Developement to Revenue
0.32
Stock Based Compensation to Revenue
0.22
Gross Profit Margin
0.54
Operating Profit Margin
-0.33
Pretax Profit Margin
-0.37
Net Profit Margin
-0.37

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.21
Free CashFlow per Share
-0.17
Capex to Operating CashFlow
1.81
Capex to Revenue
0.14
Capex to Depreciation
0.58
Return on Invested Capital
-0.61
Return on Tangible Assets
-0.55
Days Sales Outstanding
18.21
Days Payables Outstanding
7.57
Days of Inventory on Hand
0
Receivables Turnover
20.05
Payables Turnover
48.22
Inventory Turnover
0
Capex per Share
0.37

Balance Sheet

Cash per Share
0,56
Book Value per Share
1,07
Tangible Book Value per Share
0.16
Shareholders Equity per Share
1.07
Interest Debt per Share
0.65
Debt to Equity
0.52
Debt to Assets
0.18
Net Debt to EBITDA
-1.9
Current Ratio
0.61
Tangible Asset Value
0,01 Bil.
Net Current Asset Value
-0,05 Bil.
Invested Capital
66988000
Working Capital
-0,02 Bil.
Intangibles to Total Assets
0.3
Average Receivables
0,01 Bil.
Average Payables
0,00 Bil.
Average Inventory
0.5
Debt to Market Cap
0.09

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Backblaze, Inc. Dividends
Year Dividends Growth

Backblaze, Inc. Profile

About Backblaze, Inc.

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 backups, multi-cloud, application development, and ransomware protection. 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.

CEO
Mr. Gleb Budman
Employee
381
Address
500 Ben Franklin Ct
San Mateo, 94401

Backblaze, Inc. Executives & BODs

Backblaze, Inc. Executives & BODs
# Name Age
1 Mr. Casey Jones
Co-Founder
70
2 Mr. Hang Ng Kwok
Co-Founder
70
3 Mr. Marc Suidan CPA
Chief Financial Officer
70
4 Mr. Gleb Budman
Co-Founder, Chief Executive Officer & Chairman
70
5 Mr. Nilay Patel
Co-Founder
70
6 Mr. Tim Nufire
Co-Founder
70
7 Mr. Brian Wilson
Co-Founder
70
8 Damon Uyeda
Co-Founder
70
9 Ms. Tina Cessna
Senior Vice President of Engineering
70
10 Ms. Anu Patil
Vice President of Revenue Strategy & Operations
70

Backblaze, Inc. Competitors