tiprankstipranks
Trending News
More News >

Blackbird PLC Reports 2024 Results and Strategic Progress with elevate.io

Story Highlights
  • Blackbird PLC focuses on cloud-native video editing solutions for sports and news.
  • The company launched elevate.io’s Creator tier, marking a shift to direct-to-consumer sales.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Blackbird PLC Reports 2024 Results and Strategic Progress with elevate.io

The latest update is out from Blackbird PLC ( (GB:BIRD) ).

Blackbird PLC announced its audited results for the year ended December 31, 2024, highlighting significant progress with its elevate.io platform, which went on general release in March 2024. The company launched its first payment tier, Creator, in February 2025, marking a shift towards direct-to-consumer sales. Despite a decrease in overall revenue due to the absence of one-off deals from the previous year, Blackbird reported improved financial performance with a positive EBITDA for its Blackbird division. The company continues to enhance its platform with new features and has seen a rise in active users, indicating potential growth in its user base and revenue. Blackbird’s technology was utilized at major global sporting events, and it secured several renewals and new deals, reinforcing its position in the industry.

More about Blackbird PLC

Blackbird PLC is a technology company specializing in cloud-native video editing platforms. It develops and licenses video editing software, including the Blackbird platform and elevate.io, an online collaborative video editing and content creation platform. The company focuses on providing solutions for sports and news video creation and has established partnerships with global broadcasters and news organizations.

YTD Price Performance: 26.32%

Average Trading Volume: 455,861

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £23.22M

For detailed information about BIRD stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App