Blackbird PLC (BIRD) AI Stock Analysis

• Market Cap: £10.08M
• Dividend Yield: N/A
• Average Volume (3M): 783.50K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.03
• Revenue Growth: -9.19%
• EPS Growth: 4.69%
• Country: UK
• Employees: 41
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): >-0.01
• Shares Outstanding: 458,049,320
• 10 Day Avg. Volume: 312,296
• 30 Day Avg. Volume: 783,503
• PEG Ratio: 0.76
• Price to Book (P/B): 2.42
• Price to Sales (P/S): 11.37
• P/FCF Ratio: -4.43
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: 2.50p ▲(6.38% Upside)

The score is held back primarily by weak financial performance (persistent losses and cash burn alongside contracting revenue) and bearish technicals. This is partly offset by a more constructive earnings-call outlook (EBITDA positivity and improving cash management) and supportive corporate events, while valuation is difficult to assess due to negative earnings and no dividend.

Positive Factors

Strategic Growth Initiatives

The launch of elevate.io and the Creator payment plan marks a strategic shift towards direct-to-consumer sales, potentially driving user growth and revenue diversification.

Positive EBITDA in Blackbird Division

Achieving positive EBITDA in the Blackbird division indicates operational improvements and potential for sustainable profitability, enhancing financial stability.

High Gross Profit Margin

A high gross profit margin suggests strong pricing power and cost control, providing a buffer against operational inefficiencies and supporting long-term profitability.

Negative Factors

Declining Revenue Trend

A declining revenue trend indicates challenges in maintaining market share and growth, potentially impacting long-term financial health and strategic positioning.

Negative Cash Flow

Consistently negative cash flow highlights inefficiencies in converting revenue into cash, which can strain liquidity and limit investment in growth opportunities.

Leadership Changes

Leadership changes can disrupt strategic continuity and governance, potentially impacting decision-making and long-term strategic execution.

Blackbird PLC Business Overview & Revenue Model

Company Description

Blackbird 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 Money

Blackbird 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 faces challenges with profitability and cash flow, despite its strong equity position. The high gross profit margins suggest potential, but operational inefficiencies and continuous net losses weigh heavily on its financial health.

Income Statement

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

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

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.49M	1.61M	1.94M	2.85M	2.07M	1.57M
Gross Profit	617.68K	1.47M	1.23M	2.70M	1.91M	1.40M
EBITDA	-1.74M	-1.93M	-2.01M	-1.48M	-1.70M	-1.51M
Net Income	-2.36M	-2.35M	-2.49M	-1.92M	-2.13M	-1.88M
Balance Sheet
Total Assets	6.69M	8.44M	9.90M	12.53M	14.72M	8.29M
Cash, Cash Equivalents and Short-Term Investments	2.27M	3.77M	6.47M	10.10M	12.84M	6.55M
Total Debt	0.00	0.00	29.23K	123.57K	213.05K	324.04K
Total Liabilities	677.08K	897.20K	1.11M	1.33M	1.78M	1.15M
Stockholders Equity	6.01M	7.55M	8.80M	11.20M	12.94M	7.14M
Cash Flow
Free Cash Flow	-1.67M	-4.12M	-3.58M	-2.73M	-1.40M	-1.53M
Operating Cash Flow	-1.65M	-2.40M	-1.83M	-2.17M	-887.63K	-1.07M
Investing Cash Flow	353.47K	567.85K	127.09K	-675.54K	-3.03M	-2.03M
Financing Cash Flow	69.00	1.02M	-50.18K	-92.13K	7.66M	62.81K

Blackbird PLC Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: 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 2.35 is below the 20-day moving average (MA) of 2.53, below the 50-day MA of 2.54, and below the 200-day MA of 3.09, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 33.96 is Neutral, neither overbought nor oversold. The STOCH value of 41.67 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ING	77 Outperform	£16.03M	8.57	28.74%	5.18%	―	―
OMG	69 Neutral	£57.87M	-57.98	-0.94%	7.26%	8.00%	-253.45%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
BIRD	48 Neutral	£10.08M	-3.61	-32.98%	―	-9.19%	4.69%
ZOO	47 Neutral	£9.83M	-1.88	-32.23%	―	-7.72%	54.13%
PULS	47 Neutral	£52.20M	-7.06	-16.92%	―	-1.09%	-6.65%
CHSS	44 Neutral	£5.72M	-1.46	-389.90%	―	-3.87%	9.43%

Blackbird PLC Corporate Events

Blackbird’s elevate.io to Integrate Epidemic Sound in Bid to Lead Collaborative Video Editing Market

Blackbird plc has announced that its collaborative browser-based video editing platform elevate.io will integrate Epidemic Sound’s extensive catalogue of royalty-free music and sound effects by the end of the first quarter of 2026, giving users direct in-editor access to pre-cleared audio content. Management positions the partnership as a strategic enhancement of elevate.io’s value proposition and an early validation of its approach to collaborative video editing, as it aims to capture share in a global market forecast to reach $4.5bn by 2029, while Epidemic Sound extends its footprint deeper into the creator ecosystem, reinforcing both firms’ appeal to professional and creator-economy users seeking streamlined, copyright-safe content production.

The most recent analyst rating on (GB:BIRD) stock is a Hold with a £2.50 price target. To see the full list of analyst forecasts on Blackbird PLC stock, see the GB:BIRD Stock Forecast page.

Blackbird PLC Raises £500,000 to Advance Elevate.io and Strengthen Market Position

Blackbird PLC has successfully raised £500,000 through a subscription of 22,222,222 new ordinary shares to strengthen its financial position and support the marketing efforts of its elevate.io platform. The funds will bolster the company’s product market fit phase for elevate.io, enhance its marketing activities to secure revenue streams, and scale operations as it sees significant opportunities in the fast-growing Creator Economy.

Blackbird plc Appoints Former Adobe Lead as Strategic Adviser for elevate.io

Blackbird plc has appointed Bill Roberts, a former Adobe product lead, as a Strategic Adviser to its board for elevate.io. Roberts’ extensive experience in cloud-based collaboration and strategic growth at Adobe, including his role in the acquisition of Frame.io, positions him to significantly contribute to elevate.io’s development and commercial scaling. His appointment is expected to enhance Blackbird’s industry positioning and provide valuable insights for stakeholders as the company continues to grow in the mediatech sector.

Blackbird PLC Enhances elevate.io with AI and Token System

Blackbird PLC has announced the expansion of AI capabilities and the introduction of a token system on its elevate.io platform. These enhancements are part of a strategic move to establish a scalable monetization framework, potentially increasing user retention and conversion rates. The new features, including AI image generation and a token-based revenue model, are expected to create additional revenue streams and increase the average revenue per user, marking a significant milestone in the company’s evolution.