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Tuesday, December 5, 2017

=BlackLine (BL) : 1-year performance

BlackLine is an American enterprise software company that develops cloud-based accounting software that helps businesses manage their quarterly financial reports. The company has 13 offices globally.

  • Headquarters: Los Angeles, California
  • Founded: 2001


BlackLine, Inc. is a holding company. The Company provides cloud-based software platform that is designed to automate and streamline accounting and finance operations. Its platform supports accounting processes, such as the financial close, account reconciliation, intercompany accounting and controls assurance. Its platform consists of seven core cloud-based products, including Account Reconciliation, Task Management, Transaction Matching, Journal Entry, Variance Analysis, Consolidation Integrity Manager and Daily Reconciliation. The Company's solutions include Reconciliation Management and Financial Close Management and Insights. It operates through two geographical regions, which include the United States and International. As of December 31, 2016, its software integrated with, and obtained data from, more than 30 various enterprise resource planning (ERP) systems, including NetSuite, Oracle and Workday, as well as many other financial systems and applications.

Key stats and ratios

Q3 (Sep '17)2016
Net profit margin-28.54%-31.80%
Operating margin-28.79%-27.56%
EBITD margin--12.12%
Return on average assets-12.50%-11.07%
Return on average equity-17.72%-17.12%

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