Blackbaud (BLKB) Financials

Blackbaud Inc (BLKB) is a leading provider of cloud-based software solutions for the nonprofit sector. The company offers a wide range of products and services to help nonprofit organizations manage their financials effectively. Let's take a closer look at Blackbaud Inc's financials. Starting with the income statement, Blackbaud Inc reported a strong performance in terms of revenue. The company generated a total revenue of $844.9 million, representing a growth of 7% compared to the previous year. Gross profit for the year stood at $562.6 million, indicating a gross margin of 66.6%.

Moving on to profitability measures, Blackbaud Inc achieved an operating income (EBIT) of $37.3 million and an EBITDA of $182.4 million. Although the EBIT and EBITDA margins were relatively lower at 4.4% and 21.6% respectively, the company's net income from stockholders reached $16.4 million. This reflects the company's ability to effectively manage its costs and generate profits for its shareholders. When we analyze the company's balance sheet, we find that Blackbaud Inc has a strong financial position. The company's total assets stood at $2.06 billion, while total liabilities amounted to $1.14 billion. This resulted in a stockholders' equity of $915.6 million. Moreover, the company reported a total debt of $327.4 million, with net debt reaching $244.6 million.

In terms of cash flow, Blackbaud Inc generated a positive operating cash flow of $196.2 million, indicating the company's ability to generate cash from its core operations. The company also reported a positive free cash flow of $129.5 million, showing its ability to generate cash after accounting for capital expenditures. Looking at the financing and investing cash flows, Blackbaud Inc reported a financing cash outflow of $747.6 million and an investing cash outflow of $111.1 million. This includes activities such as debt repayments, share repurchases, and investments in property and equipment.

In summary, Blackbaud Inc demonstrated a strong financial performance with growth in revenue and profitability. The company also maintained a solid balance sheet and generated positive cash flow. These financial indicators highlight Blackbaud Inc's ability to effectively manage its financials and deliver value to its stakeholders.