CALGARY, Canada--(BUSINESS WIRE)--Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, today announced plans to open two new international offices — one in Cologne, Germany, and another in Abu Dhabi, United Arab Emirates. The expansion strengthens Blackline's operations across Europe, the Middle East and Africa (EMEA), bringing the company closer to its rapidly-growing customer base in these regions. Blackline's Cologne office adds to its established network in the. ...

Core Insights - Blackline Safety Corp. has been recognized as one of Canada's Top Growing Companies for the seventh consecutive year, highlighting its consistent growth and market presence [1] - The company achieved a remarkable three-year revenue growth of 134%, indicating strong financial performance and business expansion [1] - Blackline is one of only 10 companies in Canada to have ranked every year since the inception of the list, showcasing its sustained success and competitiveness in the industry [1] - Recently, Blackline was added to the S&P/TSX Composite Index, further solidifying its position in the market and enhancing its visibility among investors [1]

Tech innovators present solutions to tackle top workplace injury at NSC Safety Congress & Expo DENVER , Sept. 19, 2025 /PRNewswire/ -- The National Safety Council showcased 10 breakthrough technologies to help prevent musculoskeletal disorders (MSDs) at the fourth annual MSD Solutions Lab Safety Innovation Challenge. ...

Group 1 - Blackline Safety Corp. has secured a $1.8 million contract with a major North American water and wastewater utility provider in California [1] - The order includes over 560 devices, consisting of G7c wearable gas detectors and Blackline Docks for device calibration and charging [1] - The agreement encompasses four years of self-monitoring services, ensuring ongoing visibility and health monitoring [1]

CALGARY, Canada--(BUSINESS WIRE)--Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, is unveiling new software enhancements at the 2025 National Safety Council (NSC) Safety Congress & Expo in Denver, Colorado, Sept. 12-18, 2025. Blackline is rolling out significant updates to its cloud-based safety platform, Blackline Live. Highlights include upgraded bulk management tools that automate manual tasks, a refreshed loner mobile app that extends protection to low. ...

Financial Data and Key Metrics Changes - The company generated revenues of $22.4 million in Q1 2025, down from $24.7 million in the prior year period, reflecting growth in automotive and safety tech but offset by declines in aero and architecture [12][13] - Gross margin increased to 25.6% from 25.1% in the prior year, indicating improved operational efficiencies [13] - Total operating expenses decreased by 9% to $14.4 million compared to $15.8 million in the prior year [13] - Adjusted EBITDA was negative $5.5 million, compared to negative $4.8 million in the prior year [14] Business Line Data and Key Metrics Changes - SafetyTech revenue was $10.8 million, up 1.5% from $10.7 million, with gross margin improving to 19.7% from 12.8% [14][15] - Aero revenue was $7.6 million, down 24.6% from $10.1 million, with gross margin declining to 33.9% from 44.1% due to shipment timing shifts [15][16] - Architecture revenue was $2.4 million, down 8.2% from $2.6 million, with gross margin expanding to 32.1% from 48.9% [16] - Automotive revenue increased to $1.5 million from $1.3 million, with significant gross margin improvements [16] Market Data and Key Metrics Changes - The backlog of purchase orders increased from below $31 million at year-end 2024 to almost $36 million by March 2025, indicating strong demand [11] - The airline shading market opportunity with Air France KLM is valued at $600 million annually, with a projected growth rate of 6.4% through 2028 [8] - The automotive smart glass market is projected to reach $25 billion by 2028, driven by collaborations with major OEMs [10] Company Strategy and Development Direction - The company aims to continue investing in innovation and expand its leadership in light and vision control technologies [22] - The focus is on scaling efficiently while balancing growth with margin expansion and progress toward profitability [22] - The company has signed a $10 million debt facility to enhance liquidity and support full-year goals [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in meeting the 2025 guidance despite market uncertainties, emphasizing that direct impacts from tariffs have been minimal [21][42] - The company reiterated its full-year revenue guidance of $130 million to $140 million, representing over 30% growth at the midpoint compared to 2024 [19] - Management highlighted a strong backlog and increasing customer orders, indicating a positive outlook for the remainder of the year [21][42] Other Important Information - The company achieved a significant milestone by signing the first $10 million of a planned $20 million debt financing under favorable terms [6][18] - The company is focused on improving cash flow management and working capital efficiency to support growth [33][64] Q&A Session Summary Question: What is the outlook for the second quarter and converting backlog into revenue? - Management expects a strong second quarter, with confidence in delivering on guidance due to a solid backlog and no cancellations [28][31] Question: Can you explain the free cash flow performance? - The improvement in free cash flow was attributed to better working capital management and payment terms with suppliers [32][33] Question: What is the status of the additional $10 million financing? - The financing is signed and expected to close soon, with no risks identified [35][36] Question: How does macro uncertainty affect business operations? - Management stated that macro uncertainties had minimal impact on actual business operations, with strong demand continuing [39][42] Question: Which segments are driving the spike in purchase orders? - The majority of the backlog is from aero and safety tech segments, with significant growth expected [44][45] Question: What are the expectations for operating expenses for the rest of the year? - Operating expenses are expected to remain stable, with a slight increase in sales and marketing to support growth [58][60] Question: How will working capital be managed as revenue grows? - The company is focused on improving payment terms with suppliers to manage working capital effectively [62][64]