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Earnings transcript
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BB.T
BB.TO
BlackBerry Limited
$11.42
-0.06
(-0.52%)
| Exchange: | TSX |
| Market Cap: | 6.704B |
| Shares Outstanding: | 592.251M |
Delayed data
About The Company
| Sector: | TechnologyView sector performance | |||||
| Industry: | Software – InfrastructureView industry performance | |||||
| CEO: | John Joseph Giamatteo | |||||
| Full Time Employees: | 1749 | |||||
| Address: |
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| Website: | https://web.blackberry.com |
BlackBerry Limited, founded in 1984 and headquartered in Waterloo, Canada, specializes in delivering cutting-edge security software and services to businesses and governmental entities worldwide. The company’s activities are structured into three main divisions: Cybersecurity, Internet of Things (IoT), and a segment encompassing Licensing and Other ventures. In its Cybersecurity domain, BlackBerry offers the comprehensive Cyber Suite, which harnesses artificial intelligence and machine learning to provide resilient protection. This suite includes BlackBerry Protect, an endpoint protection platform with mobile threat detection capabilities; BlackBerry Optics, an endpoint detection and response (EDR) solution offering insight into and mitigation of malicious activity; BlackBerry Guard, a managed detection and response service; BlackBerry Gateway, an AI-powered Zero Trust Network Access (ZTNA) tool; and BlackBerry Persona, a user and entity behavior analytics (UEBA) solution for real-time identity validation. Further cybersecurity offerings comprise the BlackBerry Spark Unified Endpoint Management Suite, featuring BlackBerry UEM as a central component of its secure communication architecture, and BlackBerry Dynamics, a development platform and secure container for mobile applications. The company also provides BlackBerry AtHoc and BlackBerry Alert for critical event management, SecuSUITE for Government for secure multi-OS voice and text, and BBM Enterprise for encrypted instant messaging. BlackBerry’s IoT segment encompasses BlackBerry QNX, which provides the Neutrino operating system, the QNX CAR platform, and various embedded system solutions. This portfolio also features BlackBerry Jarvis, a cloud-based platform for static application security testing; BlackBerry Certicom products for cryptography and management; BlackBerry Radar for asset monitoring; and BlackBerry IVY, an intelligent data platform designed for vehicles. Additionally, the company delivers enterprise and cybersecurity consulting services. The Licensing and Other segment manages BlackBerry’s substantial intellectual property, including patent licensing, and collects fees for legacy services. As of February 28, 2022, BlackBerry maintained an extensive global patent portfolio of approximately 38,000 patents and applications.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 759,100 | 534,900 | 558,131.023 |
| Gross Profit | 490,700 | 394,900 | 413,490.621 |
| EBITDA | 94,400 | 59,200 | 84,987.143 |
| Operating Income | 11,000 | 800 | 67,187.143 |
| Net Income | -130,200 | -79,000 | 54,074.977 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Total Assets | 1,395,000 | 1,295,600 | 1,244,098.738 |
| Total Liabilities | 619,000 | 572,956 | 498,758.504 |
| Total Stockholders Equity | 776,000 | 716,468 | 745,340.233 |
| Total Debt | 252,000 | 239,000 | 18,783.373 |
| Cash and Cash Equivalents | 175,000 | 266,700 | 274,457.053 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Operating Cash Flow | -3,000 | 16,500 | 51,127.281 |
| Capital Expenditure | -20,873.964 | -10,100 | -3,862.495 |
| Free Cash Flow | -23,855.958 | 6,400 | 47,264.785 |
| Net Income | -130,000 | -79,000 | 54,074.977 |
| Net Change in Cash | -122,000 | 79,800 | -6,992.446 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2029 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 717,909.162 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 757,605.228 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 740,681.916 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 239,069.850 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 254,417.951 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 246,743.901 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 167,030.983 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 179,155.983 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 173,093.483 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 320,350.979 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 338,064.464 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 330,512.813 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 0.290 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 0.300 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 0.280 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 1 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 1 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates BB.TO intrinsic value between $4.02 – $5.44 per share. This depends on revenue growth, margins, and discount rate.
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Common questions about BB.TO valuation
Is BlackBerry Limited (BB.TO) overvalued or undervalued right now?
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What is BB.TO’s P/E ratio?
You can see BB.TO’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
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BB.TO
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Daily snapshot
-0.52
Trading Metrics:
| Open: | 11.46 | Previous Close: | 11.48 | |
| Day Low: | 11.16 | Day High: | 11.62 | |
| Year Low: | 4.35 | Year High: | 18.45 | |
| Price Avg 50: | 11.81 | Price Avg 200: | 9.6 | |
| Volume: | 1.451M | Average Volume: | 4.221M |
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