Backblaze Net Worth
Backblaze Net Worth Breakdown | BLZE |
Backblaze Net Worth Analysis
Backblaze's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Backblaze's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Backblaze's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Backblaze's net worth analysis. One common approach is to calculate Backblaze's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Backblaze's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Backblaze's net worth. This approach calculates the present value of Backblaze's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Backblaze's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Backblaze's net worth. This involves comparing Backblaze's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Backblaze's net worth relative to its peers.
Enterprise Value |
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To determine if Backblaze is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Backblaze's net worth research are outlined below:
| Backblaze generated a negative expected return over the last 90 days | |
| Backblaze has high historical volatility and very poor performance | |
| Backblaze has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 102.02 M. Net Loss for the year was (59.71 M) with profit before overhead, payroll, taxes, and interest of 43.86 M. | |
| Backblaze currently holds about 88.08 M in cash with (7.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.78. | |
| Roughly 22.0% of the company shares are held by company insiders | |
| Latest headline from businesswire.com: Backblaze Announces Pricing of Upsized 35 Million Follow-On Offering |
Backblaze uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Backblaze. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Backblaze's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Backblaze's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Backblaze is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Backblaze backward and forwards among themselves. Backblaze's institutional investor refers to the entity that pools money to purchase Backblaze's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Two Sigma Investments Llc | 2024-06-30 | 342.1 K | Northern Trust Corp | 2024-09-30 | 313.3 K | Scalar Gauge Management, Llc | 2024-09-30 | 300.9 K | Two Sigma Advisers, Llc | 2024-06-30 | 286.1 K | Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 233.6 K | Qube Research & Technologies | 2024-06-30 | 229.4 K | Gilder Gagnon Howe & Co Llc | 2024-09-30 | 205 K | Norges Bank | 2024-06-30 | 169.3 K | Los Angeles Capital Management Llc | 2024-09-30 | 147.8 K | Blackrock Inc | 2024-06-30 | 2.6 M | Vanguard Group Inc | 2024-09-30 | 1.9 M |
Follow Backblaze's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 249.97 M.Market Cap |
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Project Backblaze's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.60) | (0.57) | |
| Return On Capital Employed | (0.78) | (0.74) | |
| Return On Assets | (0.45) | (0.48) | |
| Return On Equity | (1.33) | (1.26) |
When accessing Backblaze's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Backblaze's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Backblaze's profitability and make more informed investment decisions.
Please note, the presentation of Backblaze's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Backblaze's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Backblaze's management manipulating its earnings.
Evaluate Backblaze's management efficiency
Backblaze has return on total asset (ROA) of (0.2025) % which means that it has lost $0.2025 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.0281) %, meaning that it created substantial loss on money invested by shareholders. Backblaze's management efficiency ratios could be used to measure how well Backblaze manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.57. The current year's Return On Capital Employed is expected to grow to -0.74. At present, Backblaze's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 34.1 M, whereas Net Tangible Assets are forecasted to decline to about 33.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.25 | 1.00 | |
| Tangible Book Value Per Share | 0.34 | 0.68 | |
| Enterprise Value Over EBITDA | (9.92) | (10.41) | |
| Price Book Value Ratio | 6.08 | 6.39 | |
| Enterprise Value Multiple | (9.92) | (10.41) | |
| Price Fair Value | 6.08 | 6.39 | |
| Enterprise Value | 307.7 M | 360.1 M |
Evaluating the management effectiveness of Backblaze allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Backblaze Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Enterprise Value Revenue 2.2718 | Revenue 122.6 M | Quarterly Revenue Growth 0.288 | Revenue Per Share 3.629 | Return On Equity (1.03) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Backblaze insiders, such as employees or executives, is commonly permitted as long as it does not rely on Backblaze's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Backblaze insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Backblaze Corporate Filings
| 21st of November 2024 Other Reports | ViewVerify | |
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
8K | 7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 10th of September 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Backblaze Earnings per Share Projection vs Actual
Backblaze Corporate Management
| Gleb Budman | CEO CoFounder | Profile | |
| Anu Patil | Vice Operations | Profile | |
| Tina Cessna | Senior Engineering | Profile | |
| Tim Nufire | Chief Director | Profile | |
| III CFA | Vice Relations | Profile | |
| Brian Beach | Chief Officer | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Backblaze. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Backblaze. If investors know Backblaze will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Backblaze listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.12) | Revenue Per Share 3.629 | Quarterly Revenue Growth 0.288 | Return On Assets (0.20) | Return On Equity (1.03) |
The market value of Backblaze is measured differently than its book value, which is the value of Backblaze that is recorded on the company's balance sheet. Investors also form their own opinion of Backblaze's value that differs from its market value or its book value, called intrinsic value, which is Backblaze's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Backblaze's market value can be influenced by many factors that don't directly affect Backblaze's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Backblaze's value and its price as these two are different measures arrived at by different means. Investors typically determine if Backblaze is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Backblaze's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.