Blackbird PLC(BIRD)
GBX --+0.00%
36Reward
57Risk
📊75%Data
Thin -158% profit margin · Revenue down 17% YoY
BIRD
+0.0 · +0.00%
GBX · LSE
Blackbird PLC | Technology
Earnings Deterioration
Market Cap:11.05M
ℹ️
Reward Rating
36
Moderate
Bottom 5% stock
75% data coverage
ℹ️
Risk Rating
57
Medium-High
Risk Assessment
ℹ️

Educational tool only – Scores are based on historical data and financial metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

ℹ️ Educational tool only · More

Market Performance

Stock returned +10.0% over the past year, broadly in line with market conditions.

What is Blackbird PLC?

Blackbird plc develops and operates a cloud-based video editing and publishing software 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. The company is listed on the LSE in UK, operating in the Technology sector, with a market capitalisation of 11.05M.

Financial Highlights

Investment Breakdown

📈 Growth
Revenue growth is subdued, limiting near-term earnings expansion.
💰 Profitability
Thin or inconsistent margins weigh on earnings quality.
⚠️ Risk
Moderate volatility with meaningful macro and earnings sensitivity.
💸 Valuation
Valuation is less clear with a negative earnings base.

OpenBook Logo Analysis

Reward: Moderate (36)

The scoring profile indicates weak reward characteristics across most factors, including momentum and size. Risk indicators are elevated — volatility and macro sensitivity warrant consideration.

For informational purposes only. Not financial advice.

Company Information
SectorTechnology
Market Cap11.05M
P/E RatioN/A
Dividend YieldN/A
52 Week High5.5
52 Week Low1.7
Last AnnualDecember
IPO DateN/A
IncorporatedUK
Shares Outstanding480M
No. of Employees36
IndustrySoftware - Application
ExchangeLSE
Beta0.795
CurrencyGBX

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

Annual Returns

Calendar year performance

Insufficient price history.
Fundamentals
Fundamentals Insights
Educational tool only. Not financial advice.

Business Snapshot

  • Revenue TrendAccelerating
  • Profitability TrendDeteriorating
  • Balance Sheet StrengthStrong
  • Cash GenerationWeak

Risk Flags

Structural indicators detected (5):
Growth
  • Revenue remains 43.5% below the prior peak from 2022.
Profitability
  • Free cash flow has been negative for 26 consecutive years.
  • Operating margin is 52.5pp below its recent average.
Balance Sheet
  • Interest coverage is -34.57Kx (below 3.0x).
  • Net debt has shown elevated year-over-year volatility.

What Changed This Year

Compared to 2023:
  • Net Debt↑ 19.9%
  • Revenue↓ 17.0%
  • Free Cash Flow↓ 15.1%
  • Operating Income↑ 8.5%

Income Statement

CAGR: N/A
CAGR: N/A
CAGR: N/A

Balance Sheet

CAGR: N/A
CAGR: N/A
CAGR: N/A
CAGR: N/A

Cash Flow

CAGR: N/A
CAGR: N/A
CAGR: N/A

Key Ratios

Net Margin
-145.98%
Net Income / Revenue
Operating Margin
-166.56%
Operating Income / Revenue
ROE
-31.10%
Net Income / Equity
Debt-to-Equity
-0.42x
Net Debt / Equity
FCF Yield
-37.31%
FCF / Market Cap

Community Discussion

4 today

Share your insights and read what others think about Blackbird PLC

4 posts
0/500 characters
John Investor · 2 hours agoBullish
Really impressive Q3 results. Revenue growth of 15% YoY is strong given the current market conditions. The management team seems to be executing well on their strategic plan.
Sarah Chen · 5 hours agoBearish
Concerned about the increasing debt levels. While the P/E ratio looks attractive, the debt-to-equity ratio has been climbing. Would like to see more focus on deleveraging in the next few quarters.
Mike Trading · 1 day agoBullish
Been holding this for 3 years now. Solid dividend yield and consistent performance. Great for long-term investors looking for stability.
Emma Watson · 1 day agoNeutral
What are people's thoughts on the upcoming merger announcement? Could be a game changer for the industry.
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AI-powered community insights

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AI Community Insights

Analysis of the past 4 weeks

Community Summary

Community sentiment analysis...

Sentiment Analysis

Community engagement metrics

This Week

Total Posts12
Active Users8
Avg. Posts/Day2

Community Sentiment

Bullish50%
Neutral25%
Bearish25%
Ownership Analysis
Key Takeaway

Mixed ownership structure with varying levels of insider, institutional, and public participation.

21.4% Insider 21.7% Institutional 57.0% Float
Insider
Institutional
Public Float
43%
Total Owned
21.4%
Insider

Insider Ownership

Very Bullish

Insiders own 21.4%, which indicates very strong alignment between management and shareholders.

21.7%
Institutional

Institutional Ownership

Low

Institutions own 21.7%, which suggests relatively limited professional investor coverage.

57.0%
Public

Public Float

Moderate

Public float is 57.0%, which supports good trading liquidity.

Reward Rating Breakdown

Our reward rating analyses BIRD's potential upside using 5 weighted factors. Each factor is scored 0-100, then combined using the weights shown below.

Overall Reward Rating
36
Moderate REWARD
Data Coverage: 75%

📈 Growth

Weight: 40%
25/100

Growth measures the company's ability to expand its business over time through revenue, earnings, and cash flow generation.

Historical (60%)
Revenue CAGR (3yr)
-8.0%
Bad
Net Income CAGR (3yr)
3.2%
Neutral
FCF CAGR (3yr)
Neutral
Forward Estimates (40%)
Rev Est Growth (NTM)
Neutral
EPS Est Growth (NTM)
Neutral
Analyst Target Upside
Neutral
🤖AI Analysis

BIRD scored 25/100 for growth — blending a 3-year historical track record (60%) with analyst forward estimates (40%). Historical revenue has been declining (-8.0% CAGR), a headwind. No analyst forward estimates available — score based on historical data only. Weak growth signals across both historical and forward metrics — a clear area of concern.

🚀 Momentum

Weight: 25%
50/100

Momentum is assessed relative to the FTSE 100 benchmark where available. Relative outperformance is a stronger signal than absolute return alone.

12M vs Benchmark 30%
Absolute return
No Benchmark
6M vs Benchmark 25%
Absolute return
No Benchmark
3M Return 20%
Neutral
Consistency 15%
3m vs 1Y/4 normalised
No Data
Volume Trend 10%
30d vs 90d avg volume
Neutral
🤖AI Analysis

Insufficient price history to assess momentum. Score defaulted to neutral (50).

💰 Profitability

Weight: 20%
32/100

Profitability examines both the current margin level and margin expansion trends. High and expanding margins indicate pricing power and operational efficiency.

Gross Margin 25%
91.2%
Sector avg 45%
Exceptional
Net Margin 20%
-146.0%
Sector avg 10%
Loss Making
FCF Conversion 20%
0%
FCF / Net Income
Very Bad
EBIT Growth (3yr) 15%
Neutral
ROE (TTM) 10%
-33.0%
Very Bad
ROA (TTM) 10%
-20.7%
Very Bad
🤖AI Analysis

BIRD scores 32/100 for profitability, assessed sector-relative on margins and via absolute thresholds for capital efficiency. Gross margin of 91.2% is 103% above the sector average of 45% — indicating strong pricing power and competitive moat. The company is currently loss-making with a net margin of -146.0%. FCF conversion of 0% is low — reported earnings may overstate true cash generation. Weak profitability across multiple metrics is a clear area of concern for investors.

💎 Valuation

Weight: 15%
46/100

Valuation is scored sector-relative — each metric is compared against the typical multiple for this industry, so a high P/E in Healthcare is judged differently to a high P/E in Energy. PEG and Price/FCF use absolute thresholds.

PEG Ratio 25%
0.00
No Data
EV/EBITDA 25%
-15.7x
Sector avg 20x
Exceptional Value
Fwd P/E 20%⚠️
0.0x
Sector avg 28x
Very Expensive
Price/FCF 20%
No Sector Data
EV/Sales 10%
4.9x
Sector avg 5x
In Line
🤖AI Analysis

BIRD received a valuation score of 46/100 using sector-relative scoring. Its Forward P/E of 0.0x is 100% below the sector average of 28x. ⚠️ Earnings quality is flagged — accruals are elevated (ratio 1.10), suggesting reported earnings may overstate cash generation. EV/EBITDA of -15.7x sits 178% below the sector norm of 20x. Overall the stock trades at a premium to sector peers, leaving limited margin of safety.

⚠️

Educational Tool Only

The reward rating and analysis shown above are based on historical financial data and quantitative metrics, provided for informational and educational purposes only. This is not financial advice and should not be interpreted as a recommendation to buy, sell, or hold any security. Past performance does not guarantee future results. Always conduct your own research or consult a qualified financial adviser before making investment decisions.

Risk Rating Breakdown

Our risk rating assesses BIRD's downside potential using 4 weighted factors. Each factor is scored 0-100 (higher = riskier), then combined using the weights shown below.

Overall Risk Rating
57
Medium-High RISK
Data Coverage: 100%

⚖️ Financial Solvency

Weight: 35%
37/100

Financial Solvency measures the company's ability to service and repay its debt obligations. Five sub-metrics are weighted to produce the composite score.

Interest Coverage (25%)
-34567.7x
Danger Zone
Net Debt / EBITDA (20%)
Net Cash
Net Cash
Current Ratio (20%)
5.21x
Very Strong
Debt Trend 3yr (15%)
+63%
Rapidly Deteriorating
FCF / Debt Coverage (20%)
Net Cash
No Debt
🤖AI Analysis

BIRD has a financial solvency risk score of 37/100. This shows low leverage risk and a healthy balance sheet. Interest coverage of -34567.7x means earnings comfortably exceed debt service. Current ratio of 5.21x confirms strong short-term liquidity. The company has flexibility to invest, return capital, or absorb unexpected shocks.

💼 Operational Quality

Weight: 30%
91/100

Operational Quality measures bottom-line efficiency, cash generation, capital productivity, and margin consistency — four equally weighted signals of business model resilience.

Net Margin (25%)
-146.0%
High Distress Risk
FCF Margin (25%)
-256.4%
Cash Burning
Cash ROA (25%)
-28.5%
Poor
Margin Stability (25%)
±26.7pp
Very Unstable
🤖AI Analysis

BIRD scores 91/100 for operational quality, indicating high operational risk. Key concerns: a negative net margin of -146.0% — the company is loss-making; negative FCF (-256.4% FCF margin) — the business is cash burning; weak capital efficiency with -28.5% Cash ROA; significant margin instability of ±26.7pp over 3 years — the primary risk driver here. These weaknesses make the business vulnerable to cost shocks or revenue shortfalls. Monitor profitability trends closely.

📉 Volatility

Weight: 25%
35/100

Volatility measures price instability, worst-case drawdowns, and sensitivity to broader market moves.

Annualised Volatility (35%)
Max Drawdown (35%)
Beta (30%)
0.80
Mildly Defensive
🤖AI Analysis

BIRD has a volatility risk score of 35/100. This shows low volatility with relatively stable prices. Beta of 0.80 indicates broadly market-like sensitivity. Lower volatility is well-suited to conservative investors and income-focused portfolios.

📊 Size Factor

Weight: 10%
80/100

Size factor captures existential risk. Smaller companies have higher failure rates, less diversification, and greater vulnerability to shocks.

Market Cap
£0.0B
Neutral
Size Category
Nano Cap
Neutral
🤖AI Analysis

BIRD has a market cap of £0.0B (Nano Cap), resulting in a size risk score of 80/100. As a smaller company, it faces elevated existential risk. Small and micro-caps have higher failure rates, less diversified revenue, and greater vulnerability to competitive threats or economic shocks. They often lack scale advantages and may struggle to access capital markets during stress. While these companies offer growth potential, investors must accept that a meaningful percentage could fail or suffer permanent capital loss. Diversification is critical when investing at this size.

ℹ️

Educational Tool Only

The risk rating and analysis shown above are based on historical financial data and quantitative metrics, provided for informational and educational purposes only. This is not financial advice and should not be interpreted as a recommendation to buy, sell, or hold any security. Past performance does not guarantee future results. Always conduct your own research or consult a qualified financial adviser before making investment decisions.

Analyst Forecasts

Forward-looking estimates from the analyst community for BIRD.

Street ViewCautious
Cautious setup with -16.6% revenue growth and +0.0% EPS growth.
forecast ranges show tight ranges, 30-day EPS revisions are flat.
Consensus
-16.6% revenue growth
Confidence
Limited visibility
tight ranges
Watch Item
Execution needs to hold
Strong growth expectations leave less room for disappointment if execution slows.
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Yearly Revenue and 2-Year Forecast

Reported revenue for the last 5 years, followed by low, consensus, and high analyst revenue estimates for the next two years. Consensus revenue implies -16.6% YoY growth tight ranges on revenue estimates

Openbook AI
Revenue is projected to move from 1.6M last year to — in 2014E and — in 2015E. That implies -100.0% into 2014E on the top line. The 2015E range of — to — suggests tight ranges on revenue expectations. For you, this matters because top-line misses usually flow straight through to EPS cuts and weaker price-path outcomes.

2-Year EPS Estimates

Low, consensus, and high analyst EPS estimates for the next two fiscal years. Consensus EPS implies +0.0% YoY growth tight ranges on EPS estimates

Openbook AI
Analysts are currently looking for 0.00p in 2014E and 0.00p in 2015E. The outer-year range runs from 0.00p to 0.00p, which counts as tight ranges. For you, that means the market is still underwriting +0.0% EPS growth over the next leg of the story.