Name: Return on Assets (ROA)

Definition: ROA shows how efficiently the company turns everything it owns — its entire asset base — into net profit after all costs and taxes. A higher ROA means the business squeezes more profit from its assets. Lower ROA might reflect poor asset utilization or heavy reliance on expensive financing.

Interpretation:
• In '2021', BLND's return on assets was -15.4%, representing returns generated from total assets. Industry average for Computer Software: Programming Data Processing in '2021' stood at -18.0%.
• In '2022', BLND's return on assets was -99.5%, representing returns generated from total assets. The decline from '2021' may indicate some operational or financial challenges. Industry average for Computer Software: Programming Data Processing in '2022' stood at -50.6%. Industry average declined by 32.6% from previous year.
• In '2023', BLND's return on assets was -58.0%, representing returns generated from total assets. The increase since '2022' reflects strengthening financial performance. Industry average for Computer Software: Programming Data Processing in '2023' stood at -44.3%. Industry average increased by 6.3% compared to previous year.
• In '2024', BLND's return on assets was -25.8%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Computer Software: Programming Data Processing in '2024' stood at -21.9%. Industry average increased by 22.4% compared to previous year.
Overall, BLND's return on assets has been volatile but showed a downward trend over the past 4 years.

Formula: ROA = Net Income / Total Assets

Good Range: Commonly 5%-15%.