Blackhawk Networks Investor Relations Guide and Company Profile

Blackhawk Networks is a leading provider of prepaid and pay-after-use products and services.

The company was founded in 2001 by Davidiana and David Glickman, and is headquartered in King of Prussia, Pennsylvania.

Blackhawk Networks has a diverse portfolio of brands, including Raise, Cardpool, and Moneymaker.

Our management team is led by Todd Hanson, President and CEO of Blackhawk Network, who has over 20 years of experience in the gift card and prepaid industry.

Todd Hanson has been instrumental in driving the company's growth and success, with a focus on innovation and customer satisfaction.

He has a deep understanding of the market and has been able to adapt to changing consumer behaviors and trends.

Under his leadership, Blackhawk Network has expanded its offerings to include a wide range of prepaid products and services.

The company has also made significant investments in technology and infrastructure to improve its operational efficiency and scalability.

As a seasoned executive, Hanson has a proven track record of building and leading high-performing teams.

His expertise and vision have been crucial in shaping the company's strategy and direction.

Hanson's leadership has enabled Blackhawk Network to maintain its position as a leader in the gift card and prepaid industry.

He remains committed to driving innovation and growth, while also prioritizing the needs of the company's customers and partners.

Blackhawk Networks' investor relations team is dedicated to providing timely and accurate information to the financial community.

The company's investor relations team is led by a seasoned executive with over 15 years of experience in the industry.

Blackhawk Networks is a leading prepaid and pay-after-use mobile communications service provider, with operations in over 40 countries worldwide.

The company's investor relations website is a valuable resource for investors, providing access to financial statements, investor presentations, and other relevant information.

Shareholders can also stay up-to-date on company news and events through the investor relations website.

Blackhawk Network Holdings, Inc reported a significant decline in operating revenues, from $942.0 million in Q4'16 to $780.6 million in Q4'17, and from $2,231.6 million in FY'16 to $1,899.8 million in FY'17.

The company's net income also took a hit, with a loss of $128.2 million in Q4'17 compared to a profit of $24.7 million in Q4'16, and a loss of $155.8 million in FY'17 compared to a profit of $4.7 million in FY'16.

The diluted earnings per share were -$2.28 in Q4'17 and -$2.77 in FY'17, a far cry from the $0.43 in Q4'16 and $0.08 in FY'16.

However, the company's non-GAAP results paint a different picture. Adjusted operating revenues increased from $352.0 million in Q4'16 to $423.2 million in Q4'17, and from $889.3 million in FY'16 to $1,079.7 million in FY'17.

Here's a comparison of the company's non-GAAP results:

As you can see, the company's non-GAAP results show an increase in adjusted operating revenues, adjusted EBITDA, and adjusted net income, indicating a more stable financial performance.

Blackhawk Network has received significant funding over the years. In July 2016, the company secured $500M in funding, which was referred to as a post-IPO round.

The company's funding rounds have been substantial, with a post-money valuation of $1,160,441 in 2016. This is a notable figure, especially considering the company's revenue multiple was 2,890,443 at the time.

Blackhawk Network has also made strategic acquisitions to expand its business. In 2024, the company acquired Tango Card, a company founded in 2009 and based in Seattle, United States.

The company's acquisition history is extensive, with over 203,000 acquisitions made. This is a staggering number, and it's clear that Blackhawk Network is committed to growing its business through strategic acquisitions.

Here is a list of some of Blackhawk Network's notable acquisitions:

Blackhawk Network Holdings, Inc has 3 institutional investors including CPP Investments, ACE & Company, and GTCR.

Blackhawk Network Holdings, Inc has a significant funding history, with recent rounds including a $500M post-IPO funding in July 2016 and a $525M conventional debt funding in October 2014.

The company's funding rounds have resulted in impressive valuations, with a post-money valuation of $11,604,441 in July 2016.

Here are some key details from Blackhawk Network's funding rounds:

Blackhawk Network's financial performance has also been impressive, with GAAP operating revenues reaching $2,231.6 million in FY'17 and $1,899.8 million in FY'16.