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MARKETS / BLPG
RETAIL-MISCELLANEOUS RETAIL · SMALL CAP

Blue Line Protection Group, Inc. BLPG

15 fiscal years on record · USD · FY2024 reported · SEC filings only
$4.4M
▼ 1.0% YoY
$241,741
▼ 31.2% YoY
$262,499
▼ 58.2% YoY
In brief

What this company does

We provide armed protection and transportation, currency processing and training, and compliance services for businesses engaged in the legal cannabis industry. On May 2, 2014, we changed our name to Blue Line Protection Group, Inc. We do not grow, test or sell cannabis. We began our security and protection operations in Colorado in February 2014. In 2018 we expanded our operations into Arizona and Nevada, and in 2022 we began servicing the New Mexico market. We currently supply asset protection via armored transportation and currency processing services to licensees in Colorado, Arizona, Nevada and New Mexico, out of our two business locations.

Written from the business description in Blue Line Protection Group, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2025. Every sentence was checked against that document before publication.

Growth
USD 4.4M
Revenue, FY2024 · full 15-year series below
Revenue $M Net income $M
FY2024 · Revenue 4.4 · Net income 0.2
2M4M-2M20102012201420162018202020222024
Compound annual growth
−2.2%
+1.1%
+15.5%
−48.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +1.1% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
6 cents
of every revenue dollar became profit
Operating margin Net margin
FY2024 · Operating 7.9% · Net 5.5%
10%20%30%-100%-200%-300%20102012201420162018202020222024
ROE
FY2015 · ROE -1052.6%
-1000%-2000%20102012201420162018202020222024

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF 0.3
0.4M0.8M-0.5M-1.0M20102012201420162018202020222024

Total assetsUSD 1.4M
EquityUSD -633,158.00
CashUSD 350,890.00
Current ratio0.60×

Equity funds -47% of total assets.

The 15-year record
15 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202420232022202120202019201820172016201520142013201220112010
Revenue $B0.00.00.00.00.00.00.00.00.00.00.00.0···
Operating income $B0.00.00.00.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0···
EBITDA $B0.00.00.00.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0···
Income tax $B0.0·········0.00.0···
Net income $B0.00.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B0.00.00.00.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0···
EPS, diluted $0.010.02−0.040.14−0.120.00−0.01−0.02−0.02−0.01−0.030.00···
Dividend / sh $···············
Payout %···············
ROE %·········−1052.6−1629.7···−2810.4
Shares out B0.010.010.010.010.010.790.370.130.130.130.120.110.010.010.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures · 3 divergences in 67 reconciliationsAUDITED

Reconciled in 12 of 19 fiscal years. 3 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 28 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures3 divergent
ActivityRetail-Miscellaneous Retail
Listed onnot stated in the filings
Incorporated inNevada
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2010

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