BlackLine Inc (BlackLine) provides cloud-based software solutions. The company’s continuous accounting platform support accounting processes, such as the financial close, account reconciliation and intercompany accounting. The accounting process automation process offers automation services in journal validation, creation, and posting. The close process management keeps a record of all accounting and finance tasks to deliver reliable information across the organization. The intercompany hub accounting offers intercompany processing, intercompany create functionality, and netting and settlement solutions. Its services include implementation, support and training services. The company has operations across North America, Asia-Pacific, Africa and Europe. BlackLine is headquartered in Los Angeles, California, the US.
Headquarters
United States of America
Address
21300 Victory Blvd Fl 12, Woodland Hills, California, 91367-7734
Website
www.blackline.com
Telephone
1 818 2239008
No of Employees
1,750
Industry
Technology and Communications
Ticker Symbol & Exchange
BL (NASD)
Revenue (2022)
$590.0M
12.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
279.8%
(2022 vs 2021)
Market Cap*
$3.7B
Net Profit Margin (2022)
XYZ
259.3%
(2022 vs 2021)
* As of and is in US$
BlackLine Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Cloud-Based Software Platforms | Implementation |
| Training | |
| Support | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In October, the company completed the acquisition of Data Interconnect Limited. |
| 2023 | New Products/Services | In October, the company added Microsoft Teams integration and introduced new capabilities to its Microsoft Dynamics 365 (D365) Connector. |
| 2023 | New Products/Services | In October, the company introduced e-Invoice Presentment and Payment (EIPP) capabilities. |
Competitor Comparison
| Key Parameters | BlackLine Inc | International Business Machines Corp | Oracle Corp | Bottomline Technologies Inc | Veritec Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Woodland Hills | Armonk | Austin | Portsmouth | Golden Valley |
| State/Province | California | New York | Texas | New Hampshire | Minnesota |
| No. of Employees | 1,750 | 305,300 | 164,000 | 2,000 | 5 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Owen Ryan | Co Chief Executive Officer; Chairman | Executive Board | 2023 | 61 |
| Therese Tucker | Co Chief Executive Officer; Director | Executive Board | 2023 | 62 |
| Patrick Villanova | Chief Accounting Officer | Senior Management | - | - |
| veteran Sumit Johar | Chief Information Officer | Senior Management | 2024 | - |
| Jeremy Ung | Chief Technology Officer | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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