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Blackbird PLC (GB:BIRD)
:BIRD

Blackbird PLC (BIRD) AI Stock Analysis

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Blackbird PLC

(LSE:BIRD)

49Neutral
Blackbird PLC's overall score reflects its financial challenges with profitability and cash flow, balanced by its strong equity position and strategic initiatives. The technical analysis indicates stability, while valuation concerns persist due to negative earnings. Recent corporate events suggest potential for growth, tempering some financial weaknesses.

Blackbird PLC (BIRD) vs. S&P 500 (SPY)

Blackbird PLC Business Overview & Revenue Model

Company DescriptionBlackbird plc develops and operates a cloud-based video editing and publishing platform under the Blackbird name in the United Kingdom, rest of Europe, North America, and internationally. The company's platform is used for video viewing, editing, and publishing. It serves news, sports, entertainment, and other sectors. The company was formerly known as Forbidden Technologies plc and changed its name to Blackbird plc in May 2019. Blackbird plc was incorporated in 1998 and is based in London, the United Kingdom.
How the Company Makes MoneyBlackbird PLC generates revenue through a subscription-based model, offering its video editing platform on a Software-as-a-Service (SaaS) basis. Clients pay recurring fees for access to the platform's advanced functionalities, which include video editing, publishing, and management tools. The company has established key partnerships with media organizations and broadcasters, enhancing its market reach and customer base. Additionally, Blackbird may generate revenue through licensing agreements with third-party technology providers and potential one-time service fees for custom integrations or support.

Blackbird PLC Financial Statement Overview

Summary
Blackbird PLC exhibits a strong equity position and high gross profit margins, but faces challenges in profitability and cash flow. Negative net profit margins and consistent net losses indicate operational inefficiencies, while the absence of debt reduces financial risk.
Income Statement
42
Neutral
Blackbird PLC's revenue has shown volatility, with a declining trend from 2022 to 2024. The gross profit margin is relatively high at 91.18% for 2024, but the net profit margin remains negative due to consistent net losses. EBIT and EBITDA margins are also negative, indicating operational inefficiencies.
Balance Sheet
55
Neutral
The company maintains a strong equity position with a high equity ratio of 89.34% in 2024, suggesting financial stability. However, the return on equity is negative, reflecting continuous net losses. The absence of debt in 2024 is a positive factor, reducing financial risk.
Cash Flow
38
Negative
Operating cash flow is consistently negative, reflecting challenges in core business operations. The free cash flow has deteriorated over time, with a significant negative value of -4121549 in 2024. The operating cash flow to net income ratio indicates inefficiencies in translating net income into cash.
Breakdown
TTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
1.64M1.61M1.94M2.85M2.07M1.57M
Gross Profit
929.12K1.47M1.23M2.70M1.91M1.40M
EBIT
-2.84M-2.68M-2.93M-2.15M-2.19M-1.94M
EBITDA
-1.91M-2.18M-2.34M-1.48M-1.70M-1.51M
Net Income Common Stockholders
-2.42M-2.35M-2.49M-1.92M-2.13M-1.88M
Balance SheetCash, Cash Equivalents and Short-Term Investments
5.03M3.77M6.47M10.10M12.84M6.55M
Total Assets
6.14M8.44M9.90M12.53M14.72M8.29M
Total Debt
2.44K0.0029.23K123.57K131.91K324.04K
Net Debt
-5.03M-3.16M-3.95M-5.61M-8.54M-4.60M
Total Liabilities
569.00K897.20K1.11M1.33M1.78M1.15M
Stockholders Equity
5.57M7.55M8.80M11.20M12.94M7.14M
Cash FlowFree Cash Flow
-2.77M-4.12M-3.58M-2.73M-1.40M-1.53M
Operating Cash Flow
-1.86M-2.40M-1.83M-2.17M-887.63K-1.07M
Investing Cash Flow
-1.40M567.85K127.09K-675.54K-3.03M-2.03M
Financing Cash Flow
1.02M1.02M-50.18K-92.13K7.66M62.81K

Blackbird PLC Technical Analysis

Technical Analysis Sentiment
Negative
Last Price3.75
Price Trends
50DMA
3.88
Negative
100DMA
4.41
Negative
200DMA
5.28
Negative
Market Momentum
MACD
-0.06
Positive
RSI
40.45
Neutral
STOCH
35.71
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:BIRD, the sentiment is Negative. The current price of 3.75 is below the 20-day moving average (MA) of 3.88, below the 50-day MA of 3.88, and below the 200-day MA of 5.28, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 40.45 is Neutral, neither overbought nor oversold. The STOCH value of 35.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:BIRD.

Blackbird PLC Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBNET
79
Outperform
£188.66M36.5412.87%0.78%15.40%-6.59%
78
Outperform
£199.15M28.664.56%-0.90%15.22%
65
Neutral
£73.53M18.5614.55%1.72%26.05%7.09%
60
Neutral
$11.59B10.44-7.23%2.94%7.46%-10.66%
GBSPA
60
Neutral
£60.10M360.000.88%4.80%350.00%
58
Neutral
£55.59M-14.23%-0.65%16.80%
49
Neutral
£14.52M-28.72%-17.02%10.29%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:BIRD
Blackbird PLC
3.75
-1.10
-22.68%
GB:SPA
1Spatial
54.00
-21.50
-28.48%
GB:PULS
Access Intelligence
41.00
-29.50
-41.84%
GB:ACSO
accesso Technology
497.00
-261.00
-34.43%
GB:CLBS
D4t4 Solutions
185.00
-39.79
-17.70%
GB:NET
Netcall
113.50
26.27
30.12%

Blackbird PLC Corporate Events

Regulatory Filings and Compliance
Blackbird PLC Announces Change in Major Holdings
Neutral
Apr 24, 2025

Blackbird PLC has announced a change in its major holdings, with Premier Miton Group plc adjusting its voting rights in the company. The group’s voting rights have decreased from 13.987526% to 12.979975%, indicating a disposal of shares. This adjustment in holdings could impact Blackbird PLC’s shareholder dynamics and influence within the company, potentially affecting strategic decisions and stakeholder interests.

Spark’s Take on GB:BIRD Stock

According to Spark, TipRanks’ AI Analyst, GB:BIRD is a Neutral.

Blackbird PLC’s overall score reflects its financial challenges with profitability and cash flow, balanced by its strong equity position and strategic initiatives. The technical analysis indicates stability, while valuation concerns persist due to negative earnings. Recent corporate events suggest potential for growth, tempering some financial weaknesses.

To see Spark’s full report on GB:BIRD stock, click here.

Executive/Board ChangesBusiness Operations and Strategy
Blackbird PLC Announces Board Change Amid Governance Adjustments
Neutral
Apr 24, 2025

Blackbird PLC announced a board change as Anne de Kerckhove will step down as a director due to being ‘overboarded’ with corporate governance responsibilities. The company plans to search for a new Chair following the 2025 Annual General Meeting, reflecting a strategic move to ensure effective governance and leadership continuity.

Spark’s Take on GB:BIRD Stock

According to Spark, TipRanks’ AI Analyst, GB:BIRD is a Neutral.

Blackbird PLC’s score reflects operational challenges with profitability and cash flow, despite a strong equity position and strategic progress with its elevate.io platform. Technical indicators present a mixed picture, and the negative P/E ratio suggests caution. While recent corporate events point to strategic growth, the company needs to demonstrate sustainable financial performance to improve its stock score.

To see Spark’s full report on GB:BIRD stock, click here.

Business Operations and StrategyFinancial Disclosures
Blackbird PLC Reports 2024 Results and Strategic Progress with elevate.io
Positive
Mar 4, 2025

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.

Product-Related AnnouncementsBusiness Operations and StrategyFinancial Disclosures
Blackbird PLC Reports 2024 Results and Strategic Progress with elevate.io
Positive
Mar 4, 2025

Blackbird PLC reported its audited results for the year ending December 31, 2024, highlighting significant progress with its elevate.io platform, which went on general release in March 2024. The company successfully launched the first payment tier, Creator, in February 2025, marking a shift towards direct-to-consumer sales. This move is expected to drive growth, as evidenced by the doubling of weekly active users following the introduction of vertical video editing. Blackbird’s financial performance improved, with the Blackbird division achieving a positive EBITDA of approximately £0.5 million. Despite a decline in overall revenue due to the loss of a major deal, the company secured new contracts and renewed existing ones, strengthening its position in the video editing industry. The company also joined Innovate UK’s Global Business Innovation Programme, indicating its commitment to innovation and growth.

Financial Disclosures
Blackbird plc to Announce 2024 Final Results
Neutral
Feb 13, 2025

Blackbird plc has announced that it will release its final results for the year ended 31 December 2024 on 4 March 2025. The company will hold a live presentation on 5 March 2025 for existing and potential shareholders, hosted by CEO Ian McDonough and COO Stephen White, to discuss these results. The presentation will be available via the Investor Meet Company platform, allowing interactive participation from investors.

Product-Related AnnouncementsBusiness Operations and Strategy
Blackbird PLC Launches ‘Creator’ Payment Plan for Elevate.io
Positive
Feb 10, 2025

Blackbird PLC has announced the launch of the ‘Creator’ payment plan for its elevate.io platform, set to go live on February 11, 2025. Priced at £15, $15, or €15 per month, the plan aims to democratize professional video editing for a wide audience, including YouTubers and corporate users. Elevate.io leverages cloud infrastructure to offer browser-based access without the need for high-end hardware, enabling collaboration similar to tools like Google Docs. The launch is strategic for Blackbird as it marks the first revenue generation opportunity for elevate.io and provides a platform for gathering customer feedback to refine its data-driven growth strategy. The early bird offer provides a 50% discount for the first 30 days, reflecting Blackbird’s focus on capturing market share in the burgeoning creator economy.

Business Operations and StrategyRegulatory Filings and Compliance
Blackbird PLC Reports Change in Voting Rights
Neutral
Feb 6, 2025

Blackbird PLC, a UK issuer, has reported a change in voting rights due to an acquisition or disposal by Premier Miton Group plc. As of February 5, 2025, Premier Miton Group’s total voting rights in Blackbird PLC have decreased from 14.92% to 13.99%. This adjustment in holdings could impact Premier Miton Group’s influence over decisions at Blackbird PLC, potentially affecting stakeholder interests and the company’s strategic direction.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.