Bridgeline Digital Inc (NAS:BLIN)
$ 1.67 +0.15 (+9.86%) Market Cap: 17.44 Mil Enterprise Value: 14.92 Mil PE Ratio: 0 PB Ratio: 1.82 GF Score: 60/100

Q1 2025 Bridgeline Digital Inc Earnings Call Transcript

Feb 13, 2025 / 09:30PM GMT
Release Date Price: $1.98 (-3.88%)

Key Points

Positve
  • Bridgeline Digital Inc (BLIN) signed 28 license sales in Q1 FY'25, adding $2.7 million in new contracts and $800,000 in annual contract value.
  • The company has a sales cycle of only 105 days with an 18% win rate on qualified leads, indicating strong market performance.
  • Bridgeline Digital Inc (BLIN) released 8 AI-based products last year, establishing a leading position in AI e-commerce search.
  • The company has a net revenue retention rate of 107% and a customer acquisition cost payback period better than 20 months.
  • Bridgeline Digital Inc (BLIN) is expanding its marketing budget and reallocating resources from R&D to sales and marketing to capitalize on market demand.
Negative
  • Total revenue for Q1 FY'25 was flat at $3.8 million compared to the prior year period.
  • Subscription license revenue decreased by 1% from the prior year period, indicating potential challenges in maintaining growth.
  • Gross profit margin decreased slightly from 68% to 67% compared to the prior year period.
  • The company reported a net loss of $0.6 million for the quarter, consistent with the prior year period.
  • Adjusted EBITDA was negative $193,000, worsening from negative $117,000 in the prior year comparable period.
Operator

Good day everyone, and welcome to the Bridgeline Digital's first quarter 2025 earnings call.

(operator instruction)

It is now my pleasure to turn the floor over to your host, Tom Windhausen. Sir, the floor is yours.

Thomas Windhausen
Bridgeline Digital Inc - Chief Financial Officer, Treasurer, Company Secretary

Thank you and good afternoon, everyone.

Thank you for joining us today. My name is Thomas Windhausen and I'm the Chief Financial Officer of Bridgeline Digital Inc.

I'm pleased to welcome you to our fiscal 2025 1st quarter conference call. On the call with us today is Ari Kahn, Bridgeline's President and CEO. We'll begin the call with a discussion of our business highlights. I will then update you on our financial results for the quarter. We will conclude by taking questions.

Before we begin, I'd like to remind listeners that during this conference call, comments that we make regarding Bridgeline that are not historical facts are forward-looking statements within the meaning of Section 27a of the

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