Blend Labs, Inc.
BLNDTechnologyNASDAQSoftware - Application
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Daily timeframeBlend Labs, Inc. provides a cloud-based software platform for financial services firms in the United States, India, and Mexico. The $438.2M market capitalization puts BLND squarely in small-cap range for its industry. The company offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, rapid home lending, personal loans, credit cards, and deposit accounts; and a suite of add-on products that offers to enhance consumers' journeys to homeownership, such as close, income verification for mortgage and home equity lines of credit, and home equity loans.
Market Cap
$438.2M
Beta
1.10
P/E (TTM)
—
P/E (Fwd)
17.75
EPS (TTM)
$-0.07
EPS (Fwd)
$0.10
ROE
0.3%
ROA
-6.4%
Cash
$59.0M
Total Debt
$1.4M
Free CF
$12.5M
52W Change
-46.3%
Annual Financials
Cash vs Debt
Blend Labs, Inc. holds $59.0M in cash against $1.4M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. The company generates $12.5M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 0.3% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has been uneven over recent years, ranging from $235.2M to $123.6M.
With cash comfortably exceeding debt, BLND has financial flexibility that may help navigate uncertain periods. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Blend Labs, Inc. and its sector.