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Blackbird
Blackbird (BIRD) investor relations material
Blackbird H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2025 earnings summary1 Oct, 2025
Executive summary
Currently in the product market fit phase, expected to continue until 2026 before scaling up, with a focus on Elevate targeting founders, entrepreneurs, small businesses, and creative teams.
Launched elevate.io payment gateway and onboarded first paying customers, emphasizing disciplined, data-driven development and user engagement.
Management expresses strong confidence in vision, product, and timing, highlighting a large global addressable market.
Completed a £2.1 million fundraise in July 2025 to support elevate.io's product market fit phase.
Blackbird division achieved positive EBITDA in H1 2025 for the first time, with key contract renewals.
Financial highlights
H1 2025 revenue was £577k, down 17% year-over-year due to contract losses and a one-off event in H1 2024.
Achieved a 21% improvement in cash management year-over-year, with cash at £1.5 million for the half.
EBITDA positive for H1 for the first time, with operating costs decreased to £1,613k from £2,028k.
Cash and short-term investments at end of June were £2.3 million, with no debt and an additional ~£2 million raised subsequently.
Contracted but unrecognised revenues rose 19% year-over-year to £1,506k at 30 June 2025.
Outlook and guidance
Product market fit phase to run until at least February 2026, with scale-up phase to follow.
Focus remains on improving retention, engagement, and conversion metrics before scaling.
No plans to sell the business; intent is to grow as a listed company.
Further funding will be needed for the scale-up phase, with a focus on demonstrating a profitable revenue engine.
Proceeds from the fundraise will be used to accelerate feature development and marketing for elevate.io.
Elevate.io: How to reduce churn from missing features?
Blackbird: How to reverse revenue decline trend?
Elevate.io: Evaluate new marketing channel strategy.
What metrics signal Elevate's PMF completion?
Detail funding strategy for post-2026 scale-up
How will Elevate monetize its unique collaboration for TAM?
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Next Blackbird earnings date
H2 20254 Mar, 2026
Blackbird
Next Blackbird earnings date
H2 20254 Mar, 2026
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Blackbird PLC specializes in cloud-based video editing and publishing software. The company's proprietary platform, Blackbird, is utilized across multiple sectors including news, sports, entertainment, and more for video viewing, editing, and publishing tasks. Blackbird PLC's operations span the United Kingdom, Europe, North America, and other international regions. The company is headquartered in Wimbledon, London, and its shares are listed on the AIM stock exchange.
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