microsoft powerpoint - blsw company presentation 10-08

© 2008 Bridgeline Software, Inc. October 2008

Title


Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us, all of which are subject to change.

Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions, including the risks described in our filings with the Securities and Exchange Commission, that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.

We expressly disclaim any obligation to update any forward-looking statement.

Safe Harbor Statement


About Bridgeline Software

About Bridgeline Software

» A developer of SaaS based web application management software

and award-winning web applications

We help organizations achieve key initiatives and goals by

leveraging web based technology

» Maximize revenue

» Reduce operational and administrative costs

» Improve customer service and loyalty

» Enhance employee knowledge and productivity

Expanding market presence

» We have over 500 customers with an expanding geographic presence

» Atlanta Chicago Minneapolis

» Boston Cleveland New York

» Bangalore, India Denver Washington DC


iAPPS

Complementary Web Application Management Software

UNIFIED by a powerful SaaS framework

Unified by


Achieve key initiatives and goals through web technologies

iAPPS

» Is a SaaS (software as a service) based solution,

» Can be installed on site as well (perpetual).

Develop quality end-to-end web based solutions

» We are Microsoft .NET experts.

How We Build Our Customers Success


We Have Over 500 Quality Customers!


Award Winning Developers(Over 30 awards since our inception in 2000)

» Golden Web Awards

» MITX Awards

» Axiem Awards

» Addy Awards

» New England Web Awards

» Graphic Interactive Design

» One Show Interactive Awards

» Microsoft Gold Certified Partner

» A Inc 500 Company

» Fastest growing company’s in America


Bridgeline’s Public Company Peers

» OMTR : Omniture

» Web Analytics

» CTSH : Cognizant Technology Solutions

» Application Development

» OTEX : Open Text

» Content Management


TITLE SLIDE

Financial


FY08 Quarterly P&L Trend

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

Q108 Q208 Q308

Rev

GM $

Expenses

Op Income

EBITDA

Q308 - Record Revenues and Record EBITDA


Nine Months FY07 vs Nine Months FY08

-$2,000,000

-$1,000,000

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

$7,000,000

$8,000,000

$9,000,000

$10,000,000

$11,000,000

$12,000,000

$13,000,000

$14,000,000

$15,000,000

9 Mo FY07 9 Mo FY08

Rev

GM $

Expenses

Net Income

EBITDA

Revenue increased 119%, and we had a $1.9M improvement in EBITDA


$0

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

2000 2001 2002 2003 2004 2005 2006 2007 Run

Rate

Our Revenue Growth Record Revenues Every Year Since our Inception

Revenue run rate is determined by multiplying our Q308 revenue x4 and adding the annual revenue from the recent Indigio acquisition


High Traction Customer Model

Recurring Customization

Recurring as a %

of Total Customers

40%

60%

Existing New

Revenue generated from

Existing Customer Base

62%

38%

Other Notable Recurring Revenue Trends

> Sequential Growth from fiscal Q208 : 22%

> Year over Year Growth % : 305%

> Retention Rate : 93%


Balance Sheet (June 30th, 2008)

($ in 000's)

Unaudited

06/30/08

ASSETS

Cash and cash equivalents $ 2,274

Accounts receivable and other current assets 5,016

Total current assets 7,290

Other assets 2,252

Intangible assets, net 2,177

Goodwill 16,923

Total assets $ 28,642

LIABILITIES AND SHAREHOLDERS’ EQUITY

Current liabilities:

Accounts payable 972

Accrued expenses 1,501

Deferred Revenue 746

Total current liabilities 3,219

Other liabilities 152

Total liabilities 3,371

Shareholders’ equity:

Common stock 9

Additional paid-in capital 31,117

Accumulated earnings (deficit) -5,855

Total shareholders’ equity 25,271

Total liabilities and shareholders’ equity $ 28,642

> Current Ratio is 2.5:1

> $28M in total assets

> $7M is in cash & AR

> $3.3M in total liabilities

> No Debt


Other Related Information

» NASDAQ: BLSW

» Shares outstanding: 11.5 M shares

» Insider ownership: 33%

» Institutional ownership: 19%

» PAW Capital

» Merrill Lynch

» Public float: 4 M shares

» Institutional – 64% Retail – 36%

» Market cap: $10 M

» Year end: Sept 30th

$0

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

$30,000,000

Revenue Market Cap


Rapidly Growing Market

Web Application Management Software (SaaS)

Web Application Development

Rapid Growth Plan

Commitment to Profitability

Recurring revenue

Diversified Customer Base

Proprietary Products & Process

On-demand Software Suites ( iAPPS )

Strong Processes and Controls

Bridgeline Bangalore - low cost development team

Strong Management Team

Strong Track Records

Why Bridgeline Software?

microsoft powerpoint - blsw company presentation 10-08

Technology

saas software

forwardlooking statements

web based technology

total current assets

total shareholders equity

annual revenue

months fy08 revenue

run rate revenue