Blackline (BL) Current Taxes (2015 - 2020)
Blackline's (BL) quarterly Current Taxes came in at $2.6 million in Q2 2020, down 7.23% on a YoY basis from $2.8 million in Q3 2019, and down 20.38% quarter-over-quarter from $3.3 million in Q1 2020.
Analysis
Blackline (BL) Current Taxes (2015 - 2020) Analysis & Trends
Blackline (BL) has reported Current Taxes for 6 consecutive years, with $2.6 million the latest figure, recorded in Q2 2020.
- For the quarter ending Q2 2020, Current Taxes fell 7.23% year-over-year to $2.6 million; the trailing twelve-month figure through Jun 2020 stood at $2.6 million (down 7.23% YoY), and the FY2019 full-year result was $4.2 million, down 2.85% from the prior year.
- Current Taxes slipped to $2.6 million in Q2 2020 per BL's latest filing, from $3.3 million in the prior quarter.
- Across five years, Current Taxes topped out at $4.3 million in Q4 2018 and bottomed at $878000.0 in Q3 2017.
- Historically, Current Taxes has averaged $2.4 million across 5 years, with a median of $2.1 million in 2018.
- The sharpest annual moves came in 2018 and 2020: Current Taxes surged 140.32% in 2018, then declined 7.23% in 2020.
- Over 5 years, Current Taxes stood at $1.6 million in 2016, then rose by 15.78% to $1.8 million in 2017, then soared by 140.32% to $4.3 million in 2018, then decreased by 2.85% to $4.2 million in 2019, then plunged by 37.37% to $2.6 million in 2020.
- According to Business Quant data, Current Taxes over the past three periods registered $2.6 million, $3.3 million, and $4.2 million for Q2 2020, Q1 2020, and Q4 2019 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | - |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | - |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | - |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | - |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | - |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | - |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2020 | 2.63 Mn |
| Mar 31, 2020 | 3.30 Mn |
| Dec 31, 2019 | 4.20 Mn |
| Sep 30, 2019 | 4.08 Mn |
| Jun 30, 2019 | 2.83 Mn |
| Mar 31, 2019 | 2.91 Mn |
| Dec 31, 2018 | 4.32 Mn |
| Sep 30, 2018 | 1.97 Mn |
| Jun 30, 2018 | 2.11 Mn |
| Mar 31, 2018 | 1.47 Mn |
| Dec 31, 2017 | 1.80 Mn |
| Sep 30, 2017 | 878,000.00 |
| Jun 30, 2017 | 1.15 Mn |
| Mar 31, 2017 | 1.28 Mn |
| Dec 31, 2016 | 1.55 Mn |
| Dec 31, 2015 | 1.05 Mn |