Blackline Safety Achieves Record Revenue and Expands Product Offerings

Blackline Safety ( (TSE:BLN) ) has shared an announcement.

Blackline Safety reported a record fiscal second quarter 2025 revenue of $35.9 million, marking its 33rd consecutive quarter of year-over-year revenue growth. The company achieved a 33% increase in annual recurring revenue and maintained a Net Dollar Retention rate above 125% for the eighth consecutive quarter, highlighting strong customer retention and market adoption. The launch of the EXO 8 Gamma area monitor, capable of detecting multiple gases and gamma radiation, further strengthens Blackline’s market position and opens new growth opportunities. Despite geopolitical uncertainties affecting product revenue, the overall financial performance demonstrates the resilience and strength of Blackline’s business model.

The most recent analyst rating on (TSE:BLN) stock is a Buy with a C$7.00 price target. To see the full list of analyst forecasts on Blackline Safety stock, see the TSE:BLN Stock Forecast page.

Spark’s Take on TSE:BLN Stock

According to Spark, TipRanks’ AI Analyst, TSE:BLN is a Neutral.

Blackline Safety’s strong revenue growth and solid balance sheet are significant strengths, but the current lack of profitability and negative cash flow pose challenges. Technical analysis shows positive momentum, though near-term caution is advised due to valuation concerns and overbought signals. Recent corporate events underscore strategic positioning but have a limited impact on the overall score.

To see Spark’s full report on TSE:BLN stock, click here.

More about Blackline Safety

Blackline Safety Corp. is a global leader in connected safety technology, providing innovative safety solutions primarily for the fire, hazmat, and emergency response markets. The company focuses on delivering connected safety products that enhance safety and operational efficiency.

Average Trading Volume: 63,778

Technical Sentiment Signal: Buy

Current Market Cap: C$659.6M

For an in-depth examination of BLN stock, go to TipRanks’ Stock Analysis page.