This statistic highlights Blackline Inc’s Revenue Breakdown Worldwide split between the International and US, reported on a quarterly basis starting from Q1 2017.
Blackline Inc’s Revenue Breakdown Worldwide
The following table highlights Blackline Inc’s Revenue Breakdown Worldwide in some of its recent quarters:
| Region | Q4 2020 | Q3 2021 | Q4 2021 | Contribution in Q4 2021 |
| US | $71.23 | $78.33 | $80.76 | 70.03% |
| International | $24.48 | $31.07 | $34.57 | 29.97% |
| Total | $95.71 | $109.40 | $115,33 | 100.00% |
(All figures in millions except percentages)
US
Revenue from this segment increased from $78.33 million earned in Q3 2021 to $80.76 million earned in Q4 2021, marking an upsurge of about 3.1% on a quarter-on-quarter basis. It also increased by about 13.4% compared to $71.23 million earned in Q4 2020.
United States contributed a major part of about 70.03% of the company’s total consolidated revenue in Q4 2021. No other countries outside the United States conveyed 10% or more of total revenues.
International
Revenue from this segment increased from $31.07 million earned in Q3 2021 to $34.57 million earned in Q4 2021, marking an upsurge of 11.3% on a quarter-on-quarter basis. It also increased by about 41.2% compared to $24.48 million earned in Q4 2020.
The company has its international business established in France, Germany, the Netherlands, Australia, Canada, Poland, Singapore, and the United Kingdom. Given that the company has a significant opportunity to expand the usage of its cloud-based products outside the United States, its plans to invest in further expanding in the earlier established as well as other regions via strategic acquisition and organic growth activities. As a part of Blackline’s expansion strategy,
- In August 2016, the company acquired Runbook Company B.V. (“Runbook”). It is based in the Netherlands and provides financial close automation software solutions primarily to SAP customers.
- Additionally, in September 2018, the company entered into an arrangement with Japanese Cloud Computing and M30 LLC to come together to form a joint venture which will primarily focus on the sale of the company products in Japan (the “Japanese Joint Venture”).
- In October 2020, the company conducted the Rimilia Acquisition, which is a United Kingdom-based provider of solutions for the automation of accounts receivable that allow enterprises to manage cash collection and cash flow in real-time.
The risk associated with international business in new markets which are generally not faced by the company in the United States include:
- localization of company solutions, comprising translation into foreign languages and adaption for local practices and regulatory prerequisites;
- lack of acquaintance and obligations of capitulating with foreign laws, tariffs, legal standards, regulatory requirements, and other barriers;
- unpredictable changes in regulatory requirements, taxes, export quotas, trade laws, tariffs, customs duties, or other trade restrictions;
- different technology standards;
- more extended accounts receivable payment processes and complications in collecting accounts receivable;
- problems in handling and staffing international operations and differing employee/employer relationships;
- changes in exchange rates that can raise the volatility of foreign-based income;
- possible negative tax consequences;
- uncertainty in political and economic conditions, comprising the substantial volatility in the global financial markets;
- the effect of natural disasters and public health pandemics taking place;
- fewer or mixed protection for intellectual property rights in some countries.
About the Company
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