Investor Presentation Fourth Quarter 2025 February 10th, 2026 Safe Harbor This presentation contains forward-looking statements. These statements may relate to, but are not limited to, expectations of future operating results or financial performance of BlackLine, Inc. ("BlackLine" or the "Company"), the calculation of certain key financial and operating metrics, capital expenditures, introduction of new solutions or products, expansion into new markets, plans for growth and future operations, technological ...

Group 1 - Computer Modelling Group Ltd. has appointed Christopher Wright to its Board of Directors, effective February 10, 2026, bringing extensive experience in global investment and growth strategy [1] - Mr. Wright has a notable history with Roper Technologies, where he served on the Board for thirty-five years and contributed to over 60 acquisitions, increasing the company's enterprise value to over US$60 billion by June 2025 [2] - The CEO of CMG, Pramod Jain, emphasized that Mr. Wright's expertise in M&A and stakeholder value creation will enhance the company's strategic vision and execution [3] Group 2 - Mr. Wright co-founded Idox plc, a UK B2B software company, and has held leadership roles in various organizations, including a UK asset management company focused on small-cap software firms [3][4] - He is currently a director at Merifin Capital and has served on the Board of Sutton Trust, a UK charitable organization, for over a decade [4] - CMG is a global software and consulting company that addresses complex challenges in the new energy industry, with a presence in multiple international locations [5]

Core Viewpoint - Computer Modelling Group Ltd. has appointed Christopher Wright to its Board of Directors, bringing extensive experience in investment, governance, and growth strategy [1] Group 1: Appointment Details - Christopher Wright has a 35-year tenure on the Board of Roper Technologies, where he contributed to over 60 acquisitions, increasing the company's enterprise value to over US$60 billion by June 2025 [2] - The CEO of CMG, Pramod Jain, emphasized that Wright's expertise in M&A and stakeholder value will enhance the company's strategic vision and execution [3] Group 2: Background of Christopher Wright - Wright was a co-founding Board member and lead external investor in Idox plc, a UK B2B software company, and served as Chairman of a UK asset management company focused on small-cap software firms until 2019 [3] - He has held significant roles, including Global Head of Private Equity at Dresdner Kleinwort, and remains a director at Merifin Capital, a European family office [4] - Wright is a graduate of Oxford University and an Hon. Fellow of Corpus Christi College, Oxford [4] Group 3: Company Overview - CMG is a global software and consulting firm that integrates science and technology with industry expertise to address complex challenges in the new energy sector [5] - The company is headquartered in Calgary, Alberta, with a global presence in cities such as Houston, Oxford, Dubai, and others [5]

This presentation contains "forward-looking" statements within the Private Securities Litigation Reform Act of 1995 that are based on our management's current expectations and projections about anticipated future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. Other than statements of historical facts, all statements contained in this presentation, includ ...

Market Overview - The Dow is experiencing gains, aiming for a third consecutive record close, while the S&P 500 and NASDAQ show mixed performance with slight declines [1][2][8]. - The S&P 500 equal-weighted index and small-cap indices like the S&P 600 are reaching record highs, indicating strong performance in broader market segments [3]. - Bond yields are decreasing, with the 10-year yield down to 4.14% and the 30-year yield at 4.79%, suggesting a shift in investor sentiment towards bonds [4]. Sector Performance - Utilities and real estate sectors are leading the market, with utilities up approximately 2.3% and real estate up about 1.5%, reflecting their sensitivity to interest rates [5]. - Financials, technology, and healthcare sectors are underperforming, indicating a potential shift in investor focus away from these areas [5][6]. AI and Technology Insights - The AI sector is entering a new phase, with companies increasingly relying on debt for capital expenditures rather than free cash flow, as seen in major firms like Google and Amazon [9][10]. - Investors are currently accepting of big tech companies taking on debt to finance AI developments, but there is a growing concern about the return on investment (ROI) and whether these expenditures will yield positive results in the future [12][14]. - The competitive landscape in AI is evolving, with uncertainty about which companies will emerge as leaders, prompting a cautious approach from investors [16][17]. Alphabet's Bond Offering - Alphabet is raising approximately $32 billion through multiple bond deals, including a rare 100-year bond, to finance its AI infrastructure buildout despite having substantial cash reserves [20][21]. - The demand for long-term bonds from companies like Alphabet indicates a shift in investment strategies, with institutional investors seeking stable, long-term returns [21]. Tax Implications for Big Tech - Major tech companies like Amazon and Meta are projected to see significant reductions in their tax bills for 2025, attributed to favorable tax provisions and credits related to AI investments and capital expenditures [22][23]. - This reduction in tax liabilities is expected to positively impact their bottom lines, although it may attract public scrutiny regarding their tax practices [23]. Job Market and Economic Outlook - The upcoming jobs report is anticipated to show a modest increase in employment, with projections around 70,000 new jobs added, but the White House is preparing for potential criticism if the numbers fall short of expectations [22][23]. - The labor market is described as stable, with sluggish hiring but no significant increase in layoffs, indicating a cautious economic environment [22].

Core Viewpoint - Software stocks have experienced a significant decline, while loan pricing has remained relatively stable, prompting Morgan Stanley to adopt a cautious stance, particularly regarding Business Development Companies (BDCs) which are deemed most vulnerable [1] Group 1: Software Stocks - Software stocks are down sharply, indicating a potential shift in market sentiment towards technology investments [1] - The decline in software stocks may reflect broader economic concerns or sector-specific challenges [1] Group 2: Loan Pricing - Loan pricing has barely moved, suggesting stability in lending conditions despite the downturn in software stocks [1] - The stability in loan pricing may provide a buffer for companies reliant on debt financing [1] Group 3: Business Development Companies (BDCs) - BDCs are highlighted as the most exposed to the current market conditions, indicating potential risks for these entities [1] - The cautious outlook from Morgan Stanley suggests that BDCs may face challenges in maintaining performance amidst the volatility in software stocks [1]

Boost In AI Spending. The Stock Is Tumbling.][Oracle Is Raising Billions to Fund Its AI Buildout. Today, Investors Are Cheering][Palantir's CEO Is Feeling Good After the Software Company's 'Remarkable' Quarter] [Tesla Is Promoting Its 'FSD' Sales. They're Also an Important Part of Elon Musk's Pay][Elon Musk's Latest Big Move: Tesla Won't Make Two of Its Car Models Anymore][The Once-Hot AI Trade Hit a Snag. Some Experts Call That a 'Fantastic' Sign.][Investors Love Palantir's Earnings. The Stock Is Soaring.] ...

Freshworks forecast annual revenue above Wall Street estimates on Tuesday, betting on growing adoption of its software tools that incorporate artificial intelligence to automate customer support and I... ...

Cloudflare Announces Fourth Quarter and Fiscal Year 2025 Financial ResultsFeb 10, 2026 4:15 PM Eastern Standard Time# Cloudflare Announces Fourth Quarter and Fiscal Year 2025 Financial ResultsShare---- Delivered RPO year-over-year growth of 48% and Current RPO year-over-year growth of 34%- GAAP loss from operations of $49.2 million, or 8% of total revenue, and non-GAAP income from operations of $89.6 million, or 15% of total revenue- Fourth quarter revenue totaled $614.5 million, representing an increase of ...

Core Insights - Freshworks Inc. reported strong financial results for Q4 and fiscal year 2025, exceeding revenue and operating margin guidance, with a year-over-year revenue growth of 16% [1][5][8] - The company’s EX business achieved over $500 million in annual recurring revenue, indicating significant growth in this segment [1] Financial Performance - **Q4 2025 Results**: Total revenue reached $222.7 million, a 14% increase from $194.6 million in Q4 2024. Adjusted for constant currency, the growth was 13% [5][37] - **Operating Income**: GAAP income from operations was $39.7 million, with an operating margin of 17.8%, compared to a loss of $23.8 million and a margin of (12.2)% in Q4 2024 [5][37] - **Net Income**: GAAP diluted net income per share was $0.67, up from a loss of $(0.07) in Q4 2024 [5][9] - **Cash Flow**: Net cash provided by operating activities was $62.3 million, representing a margin of 28.0%, compared to $41.4 million and a margin of 21.3% in Q4 2024 [5][9] Full Year 2025 Summary - **Total Revenue**: For the full year, revenue was $838.8 million, a 16% increase from $720.4 million in 2024 [5][37] - **Operating Income**: GAAP income from operations was $13.2 million, with a margin of 1.6%, compared to a loss of $(138.6) million and a margin of (19.2)% in 2024 [5][37] - **Non-GAAP Income**: Non-GAAP income from operations was $178.0 million, with a margin of 21.2%, up from $99.1 million and a margin of 13.8% in 2024 [5][37] Customer Metrics and Business Highlights - The number of customers contributing more than $5,000 in annual recurring revenue (ARR) increased by 10% year-over-year to 24,762 [10] - The net dollar retention rate improved to 108%, compared to 105% in Q3 2025 and 103% in Q4 2024 [10] - Freshworks announced the acquisition of FireHydrant to enhance its IT Service Management offerings [10] - New product capabilities were launched, including Freshdesk Command Center and Freddy AI Insights, aimed at improving customer experience [10] Financial Outlook - For Q1 2026, Freshworks expects revenue between $222.0 million and $225.0 million, with year-over-year growth of 13% to 15% [8] - For the full year 2026, revenue is projected to be between $952.0 million and $960.0 million, with growth of 13.5% to 14.5% [8]