Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

BlackBerry Limited (T:BB)

Business Focus: Security Software

Sector:  Technology Industry:  Software
 
Company Contact
Address: 2200 University Avenue East
WATERLOO ON N2K 0A7
Tel: N/A
Website: https://www.blackberry.com
IR: See website
Key People
Richard J. Lynch
Chairman of the Board
John J. Giamatteo
Chief Executive Officer, Director, President - Cyber Security
Steve Rai
Chief Financial Officer
Mattias Eriksson
President - IoT Business Unit
Nita White-Ivy
Chief Human Resource Officer
Mark George Wilson
Chief Marketing Officer
Marjorie Jill Dickman
Chief Government Affairs and Public Policy Officer
Phil Kurtz
Chief Legal Officer and Corporate Secretary
 
Business Overview
BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments around the world. The Company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The Cybersecurity segment consists of BlackBerry Spark, BlackBerry SecuSUITE and BlackBerry AtHoc. The IoT business consists of BlackBerry Technology Solutions (BTS) and BlackBerry IVY. The Licensing and Other segment consists primarily of the Company's patent licensing business. The Company's core secure software and services offerings are its Cylance cybersecurity and BlackBerry unified endpoint management (UEM) solutions, collectively known as BlackBerry Spark. Its Cylance cybersecurity solutions include CylanceENDPOINT, an integrated endpoint security solution that leverages the Cylance AI model and OneAlert EDR console. The BlackBerry UEM Suite includes the Company's BlackBerry UEM, BlackBerry Dynamics and BlackBerry Workspaces solutions.
Financial Overview
For the fiscal year ended 29 February 2024, BlackBerry Ltd revenues increased 30% to $853M. Net loss decreased 82% to $130M. Revenues reflect Licensing and Other segment increase from $32M to $260M, IoT segment increase of 4% to $215M, North America segment increase of 59% to $556M, Other Regions segment increase of 49% to $125M. Lower net loss reflects Litigation settlement decrease from $165M (expense) to $0K, Selling.
Employees: 2,647 as of Feb 29, 2024
Reporting Currency: U.S. Dollars
Enterprise value: $2,195M as of Feb 29, 2024
Annual revenue (TTM): $1,168M as of Feb 29, 2024
EBITDA (TTM): $30.14M as of Feb 29, 2024
Net annual income (TTM): -$178.07M as of Feb 29, 2024
Free cash flow (TTM): -$32.88M as of Feb 29, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 589,233,606 as of Apr 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization