Professional
Added to YB: 2024-04-24
Pitch date: 2024-04-18
BLN.TO [bullish]
Blackline Safety Corp.
+59.95%
current return
Author Info
No bio for this author
Company Info
Blackline Safety Corp. develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, and internationally.
Market Cap
CAD 563.8M
Pitch Price
CAD 4.42
Price Target
9.03 (+28%)
Dividend
N/A
EV/EBITDA
379.32
P/E
-72.30
EV/Sales
3.66
Sector
Electronic Equipment, Instruments and Components
Category
growth
Liberty Park Capital Portfolio Holding: Blackline Safety Corp.
BLN.TO: Founded by inventor Cody Slater, Blackline Safety provides connected gas detectors that are significantly safer than legacy products. Sales grew >40% CAGR to $50M+ in 2023 with 130%+ net expansion rate. 100% upside potential over 3 years from sustained growth, margin expansion, and possible multiple re-rating from current 2x sales.
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