Trade Blackbaud Inc - BLKB CFD

Blackbaud Company profile

About Blackbaud, Inc.

Blackbaud, Inc. is a cloud software company that offers cloud and on-premises solutions. The Company's products portfolio includes Blackbaud Peer-to-Peer Fundraising, Payment Terminal, Blackbaud Altru, and Blackbaud Merchant Services. The Company provides software solutions in the cloud and hosted environments; providing payment and other transactional-type services; providing software maintenance and support services, and providing professional services, including implementation, consulting, training, analytic and other services. It serves nonprofits, higher education institutions, K 12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies, and individual change agents.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Blackbaud, Inc. revenues increased 2% to $927.7M. Net income decreased 26% to $5.7M. Revenues reflect United Kingdom segment increase of 7% to $89.7M, United States segment increase of 1% to $777.3M. Net income was offset by Research and development - Balancing val increase of 19% to $97.5M (expense), Stock-based Compensation in SGA increase of 33% to $53.1M (expense).

Equity composition

Common Stock $.001 Par, 03/11, 180M auth., 53,350,536 issd.,less 8,842,882 shs. in Treas. @ $161.3M. Insiders & strategic holders own 1.02%. IPO: 7/04, 9,100,000 shares @ $8 pershare by J.P. Morgan Securities Inc.