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Bridgeline Digital

BLIN
33
Software - Infrastructure · Technology
Exchange
NASDAQ
Winston Score
33
Winston is serious
Below-average fundamentals — multiple weak pillars.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Mixed
Growth
Mixed
Cash Flow
Weak
Stability
Good
Valuation
Data not available

Winston Score History

The full picture

Bridgeline Digital is a small software company that helps businesses build and manage their websites, online stores, and digital marketing tools. Its main product is a platform called Unbound, which lets companies control their web content, run promotions, and improve how customers find them online through search. Its customers are mostly mid-sized businesses in retail, manufacturing, and other industries that need an all-in-one tool to manage their online presence.

Bridgeline makes money by charging customers recurring subscription fees to use its cloud-based software, which provides relatively predictable revenue. The company operates primarily in the United States and is very small, with a market cap under $50 million and a history of operating losses. It competes against much larger platforms like Salesforce, HubSpot, and Adobe, which have far greater resources and brand recognition — meaning customer retention and winning new accounts against these giants remains the central challenge for the business going forward.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+2.0% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

+39.4% YoY

YoY Growth Rate

EPS growth accelerating

Insider Activity

19.3%ownership

Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$1M cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

Bridgeline Digital is growing revenue at 2% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

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Quality

Profit per sale
Gross Margin
64.5%
Premium pricing power — 64.5% gross margin
Profit after running costs
Operating Margin
-12.0%
Losing money on operations — -12.0%
Return on the money invested
ROCE
-15.2%
Weak — -15.2% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

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Growth

Sales growth
Sales YoY
+1.6%
Nearly flat sales (+1.6% YoY)
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

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Cash Flow

Profit that turns into cash
Cash Conversion
N/A
Data not available
Spare cash per sale
FCF Margin
-2.0%
Burning cash (-2.0%)

Free cash flow is negative. They are burning cash, not generating it.

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Stability

What it owes vs what it owns
Debt / Equity
0.10
Conservative — low debt load (0.10)
Covers its interest
Interest Cover
N/A
Data not available

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Valuation

Price vs profit
P/E Ratio (TTM)
N/M
no trend
Negative earnings — P/E not meaningful
Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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