New Risk • Apr 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). Revenue is less than US$5m (UK£1.4m revenue, or US$1.9m). Market cap is less than US$100m (UK£11.8m market cap, or US$15.9m). Reported Earnings • Mar 24
Full year 2025 earnings released: UK£0.006 loss per share (vs UK£0.006 loss in FY 2024) Full year 2025 results: UK£0.006 loss per share (in line with FY 2024). Revenue: UK£1.38m (down 14% from FY 2024). Net loss: UK£2.61m (loss widened 11% from FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Annuncio • Feb 16
Blackbird plc to Report Fiscal Year 2025 Final Results on Mar 23, 2026 Blackbird plc announced that they will report fiscal year 2025 final results at 8:00 AM, GMT Standard Time on Mar 23, 2026 Annuncio • Feb 04
Reach Blackbird plc Announces the Launch of A New Tiered Pricing Structure for elevate.io Blackbird plc announced the launch of a new tiered pricing structure for elevate.io, alongside the introduction of annual billing options, designed to align more closely with customer needs and usage requirements. Following direct engagement with the Company's initial ideal customer profiles ("ICPs"), the Company has launched a pricing model structured as a free plan and three paid tiers, being: Creator at $10 per month; Pro at $30 per month; and Business at $100 per month. By validating the ICPs and their needs, the pricing plans have been designed to address distinct use cases and value expectations, enabling customers to quickly self-select the most appropriate plan. This clear alignment between ICPs, product capability and pricing is intended to simplify purchasing decisions and reduce friction at sign-up. The tiered pricing structure creates a clear and intuitive upgrade path for customers to derive more value from the platform and, as their needs evolve, the model encourages movement to higher-value plans. The introduction of annual plans is in response to demand from business customers seeking greater budget certainty and supports longer-term customer relationships. Annuncio • Jan 26
Blackbird plc Announces the Launch of Subtitles and Transcriptions Within elevate.io Blackbird plc announced the launch of subtitles and transcriptions within elevate.io, the latest in a series of rapid product releases. Subtitles and transcriptions are central to video workflows with industry studies reporting up to 85% of social media videos are watched without sound. Creators increasingly rely on captions to ensure accessibility, higher engagement and clear messaging. This product upgrade is part of elevate.io's broader mission to reduce video production cycles from weeks to hours through a fundamentally new approach to collaborative video creation. By making integrated services, such as subtitles and transcriptions, available in the browser, elevate.io removes traditional bottlenecks in the production process. This follows the recent announcement of the Company's partnership with Epidemic Sound, which will see Epidemic Sound's music library directly integrated into the elevate.io platform during the first quarter of 2026. Users are able to utilise tokens, which were introduced in Fourth Quarter 2025, to include subtitles in their elevate.io workflows. This will provide users with an easy way to obtain the service and elevate.io with a mechanism to monetise the usage. Annuncio • Jan 19
Blackbird plc has completed a Follow-on Equity Offering in the amount of £0.5 million. Blackbird plc has completed a Follow-on Equity Offering in the amount of £0.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,222,222
Price\Range: £0.0225
Transaction Features: Subsequent Direct Listing Annuncio • Dec 18
Blackbird plc has filed a Follow-on Equity Offering in the amount of £0.5 million. Blackbird plc has filed a Follow-on Equity Offering in the amount of £0.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,222,222
Price\Range: £0.0225
Transaction Features: Subsequent Direct Listing Annuncio • Nov 13
Blackbird plc Appoints Bill Roberts as A Strategic Adviser to the Board Blackbird plc announced the appointment of former Adobe product lead, Bill Roberts, as a Strategic Adviser to the board of the Company. At Adobe, Bill served as Senior Director of Product Management for Premiere Pro and After Effects, where he was instrumental in Adobe's move to a subscription based model and the expansion of its video business into a market leadership position. He subsequently led Adobe's professional video strategy and the acquisition of Frame.io, providing him with extensive experience in cloud-based collaboration and deep insight into the video review and approval market. Bill's experience in guiding product innovation and strategic growth at Adobe and his pivotal role in bringing Frame.io into the Creative Cloud ecosystem make him uniquely positioned to help guide elevate.io through its next phase of growth. Beyond Adobe, Bill has advised several high-growth startups and contributed to accelerator programmes such as TechStars, further cementing his reputation as a trusted voice in scaling creative technology businesses. Annuncio • Aug 27
Blackbird plc to Report First Half, 2025 Results on Sep 29, 2025 Blackbird plc announced that they will report first half, 2025 results on Sep 29, 2025 New Risk • Aug 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Revenue is less than US$5m (UK£1.6m revenue, or US$2.1m). Market cap is less than US$100m (UK£13.3m market cap, or US$17.6m). Reported Earnings • Jul 29
Full year 2024 earnings released: UK£0.006 loss per share (vs UK£0.007 loss in FY 2023) Full year 2024 results: UK£0.006 loss per share (improved from UK£0.007 loss in FY 2023). Revenue: UK£1.61m (down 17% from FY 2023). Net loss: UK£2.35m (loss narrowed 5.9% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings. Annuncio • Jul 25
Blackbird plc Announces the Release of Its First Digital Asset Management Functionality Within Elevate.Io Blackbird plc announced the release of its first digital asset management functionality within elevate.io. Following the Company's recent successful top-up raise, folders is part of a continual iteration of new feature releases. Earlier this month, elevate.io launched its first AI-powered tool: Text-to-Speech, enabling creators to generate natural- sounding voiceovers directly within their browser. Additionally, users can now access an enhanced suite of looks and effects, to give the creator more visual control. Through this rapid roll out of features and functionality elevate.io is delivering against its vision of 'The Figma for video'. The positioning of elevate.io is of the creator champion. In that regard it can reduce costs and time in the creation of quality video by enabling real collaboration, digital asset management in a hardware agnostic environment. elevate.io is purpose-built for content creators and teams who demand speed, flexibility, and seamless collaboration. Annuncio • Jul 09
Blackbird plc has completed a Follow-on Equity Offering in the amount of £2 million. Blackbird plc has completed a Follow-on Equity Offering in the amount of £2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 38,707,718
Price\Range: £0.03
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 23,458,942
Price\Range: £0.03
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,499,997
Price\Range: £0.03
Transaction Features: Subsequent Direct Listing Annuncio • Jul 04
Blackbird plc has filed a Follow-on Equity Offering in the amount of £2.2 million. Blackbird plc has filed a Follow-on Equity Offering in the amount of £2.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 38,707,718
Price\Range: £0.03
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 23,458,942
Price\Range: £0.03
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,499,997
Price\Range: £0.03
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,666,666
Price\Range: £0.03
Transaction Features: Regulation S; Subsequent Direct Listing Annuncio • Jun 19
Blackbird plc Approves Board Appointments Blackbird plc at 2025 Annual General Meeting held on 18 June 2025, approved appointment of Youri Hazanov and Nicholas Lisher as Director. Annuncio • May 15
Blackbird plc, Annual General Meeting, Jun 18, 2025 Blackbird plc, Annual General Meeting, Jun 18, 2025. Location: the offices of blake morgan, 6 new street square, ec4a 3dj, london United Kingdom Annuncio • Apr 24
Blackbird plc Announces Stepping Down of Anne De Kerckhove as Director, Effective Before the End of June 2025 Blackbird plc announced that Anne de Kerckhove has informed the Company that she is unable to continue as a director of the Company. Ms de Kerckhove sits on a number of listed and quoted company boards and has recently been informed by one of these companies that she has accumulated too many corporate governance "points" and is therefore "overboarded". As a result, Ms de Kerckhove has informed the Company that she will step down from the Company's board immediately following the conclusion of the Company's 2025 Annual General Meeting, which is expected to be held before the end of June 2025. The Company will immediately commence the search for a new Chair. Reported Earnings • Mar 05
Full year 2024 earnings released: UK£0.006 loss per share (vs UK£0.007 loss in FY 2023) Full year 2024 results: UK£0.006 loss per share (improved from UK£0.007 loss in FY 2023). Revenue: UK£1.61m (down 17% from FY 2023). Net loss: UK£2.35m (loss narrowed 5.9% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings. New Risk • Feb 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.7% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Revenue is less than US$5m (UK£1.6m revenue, or US$2.1m). Market cap is less than US$100m (UK£19.4m market cap, or US$24.1m). Annuncio • Feb 13
Blackbird plc to Report Fiscal Year 2024 Final Results on Mar 04, 2025 Blackbird plc announced that they will report fiscal year 2024 final results on Mar 04, 2025 Annuncio • Sep 09
Blackbird plc to Appoint Nick Lisher as Non-Executive Director, Effective from 16 September 2024 Blackbird plc announced that the experienced marketer and technology executive Nick Lisher will join the Company's Board on 16 September 2024 as a Non-Executive Director. Nick Lisher, currently Chief Growth Officer at Manual & Voy and former Chief Marketing Officer at Flo Health, is a senior growth marketing executive known for his expertise in: community building; digital and data driven marketing; and innovative brand development. During a career spanning over two decades Nick has demonstrated the power of marketing to connect consumers, build engaged communities and drive growth across various industries, from music and fashion to technology, education and health. From 2022 to 2024, Nick was Chief Marketing Officer at Flo Health. During his tenure Nick led a rebrand, subscription re-positioning and saw the largest membership growth in a given quarter. Previously, as Head of EMEA at Nextdoor from 2016 to 2021, Nick applied his community-building expertise to grow the platform's user base across multiple countries. He spearheaded innovative localised marketing strategies, focusing on building trust and engagement within communities. In an earlier role as Chief Marketing Officer and VP of Growth at Depop. Nick's strategic use of influencer partnerships was an important part of aligning Depop's brand with its core audience, fostering a vibrant community that thrived on the platform's unique blend of fashion and social interaction. Nicholas Mark Lisher, aged 46, holds or has held the following directorships and/or partnerships in the past five years: Current directorships and/or partnerships: 451 Lifestyle Limited. Annuncio • Aug 14
Blackbird plc Appoints Youri Hazanov as Non-Executive Director, Effective from 15 August 2024 Blackbird plc announced that Youri Hazanov will join the Company's Board on 15 August 2024 as a Non-Executive Director. Youri Hazanov, a highly experienced executive in technology and in the video space, brings a wealth of expertise in developing and scaling international businesses, with a proven track record of revenue growth and extensive knowledge and skill in partnerships across both B2C and B2B sectors. In his current role as General Manager and Chief Partnerships Officer and member of the executive team at JellySmack, Youri is leading the company's global expansion strategy. JellySmack, a SoftBank backed unicorn, is recognised as a pioneer in the Creator economy, using a suite of tech tools and proprietary AI to edit, optimise and distribute content on behalf of creators. The JellySmack Creator Program is known for supporting some of the world's most talented creators such as PewDiePie and Mr. Beast. Prior to this role Youri spent 10 years at Google launching, developing and managing YouTube across markets in EMEA, CEE, Russia, Israel and the Middle East and leading the partnerships business & strategy with traditional media. The experience at both Google and JellySmack equip Youri with a comprehensive understanding of the diverse business models that underpin success in the creator economy. At Google, he gained insight into how creators monetise their content through various streams, including ad revenue, sponsorships, and branded partnerships. His work provided him with a detailed perspective on content monetisation and revenue generation. At Jellysmack, he has applied a strong understanding of data analytics to optimize content distribution and drive growth, effectively bridging traditional media and new digital platforms. Youri is a recognised leader and thinker at the boundary of online and traditional media worlds, with strong operational experience combined with a robust management track-record, a deep understanding of advanced analytics and keen strategic expertise. Fluent in five languages, Youriholds a Master's degree in International Relations, as well as an MBA at the University of Geneva, and an executive certificate from Harvard Business School in the Business of Entertainment, Media and Sports (BEMS). A Swiss citizen, Youri also teaches Digital Marketing at the International University of Monaco. Youri Hazanov is 42 years old. Annuncio • May 29
Blackbird plc Announces Board Changes Blackbird plc announced that Andrew Bentley, non-executive Chairman of the company, has informed the company that he will stepping down as Chairman at the end of the AGM to pursue other business interests. He will remain a Non-Executive Director until 31 August 2024 to ensure a smooth transition as the company actively recruits a further Non-Executive Director. Anne de Kerckhove, the company's senior Independent non-executive Director, will take over the role of Chair of the Board after the formal part of the AGM. Annuncio • May 10
Blackbird plc Announces Resignation of Dawn Airey as Non-Executive Director, Effective May 31, 2024 Blackbird plc announced that Dawn Airey, one of the Company's Non-Executive Directors, has notified the Company of her intention to step down as a Non-Executive Director of the Company, with effect from 31 May 2024, in order to focus on her other business commitments. Annuncio • Mar 07
Blackbird plc has completed a Follow-on Equity Offering in the amount of £1.05 million. Blackbird plc has completed a Follow-on Equity Offering in the amount of £1.05 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 17,500,002
Price\Range: £0.06
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 05
Full year 2023 earnings released: UK£0.007 loss per share (vs UK£0.005 loss in FY 2022) Full year 2023 results: UK£0.007 loss per share (further deteriorated from UK£0.005 loss in FY 2022). Revenue: UK£1.94m (down 32% from FY 2022). Net loss: UK£2.49m (loss widened 30% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings. Annuncio • Mar 04
Blackbird plc Announces Directorate Changes, Effective 6 March 2024 Blackbird plc announced that Anne de Kerckhove will join the Company's Board on 6 March 2024 as the Senior Independent Non-Executive Director and Audit Committee Chair. Additionally, John Honeycutt, Independent Non-Executive Director, will be stepping down on the same date. Anne is an experienced international executive with a wealth of relevant experience in technology, B2B and B2C SaaS, Media and Entertainment, e-commerce, marketplaces and digital transformation, and in helping businesses scale. She also has extensive Non-Executive Director experience of publicly quoted and private companies, including at: i) AIM-quoted Eagle Eye Solutions Group plc, where she chairs the Board; ii) 888 Holdings plc, where she is a Senior Independent Director and Chair of the Nominations and ESG committees and is a member of the Remuneration committee; iii) 7Digital Group Limited; and iv) Metail Limited. After working as a banker in Canada and then a management consultant at the Boston Consulting Group in London, Anne focused her career on technology and innovation. Until January 2023, Anne de Kerckhove was the CEO of Freespee, a company in the customer experience orchestration space. Before that, Anne held several Managing Director roles in fast growing companies such as Videology, an online advertising technology platform and Inspired Gaming Group. Anne is an angel investor, mentor and Limited Partner in over 20 early-stage start-ups and entrepreneurial funds including CRE, Daphni,Andela, Flutterwave and Carlili. She is actively involved in promoting women, both on boards and within the technology industry, and is a speaker at business conferences and events. She is also a guest lecturer at INSEAD. Anne holds a Bachelor of Commerce from McGill University and an MBA from INSEAD. In addition, the Company announces that John Honeycutt, independent Non-Executive Director is standing down from the Board on 6 March 2024 in order to focus on his expanding International client base. Annuncio • Mar 01
Blackbird plc has filed a Follow-on Equity Offering in the amount of £0.105 million. Blackbird plc has filed a Follow-on Equity Offering in the amount of £0.105 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 17,500,002
Price\Range: £0.006
Transaction Features: Subsequent Direct Listing Annuncio • Feb 07
Blackbird plc to Report Fiscal Year 2023 Final Results on Mar 05, 2024 Blackbird plc announced that they will report fiscal year 2023 final results on Mar 05, 2024 New Risk • Jan 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Revenue is less than US$5m (UK£2.3m revenue, or US$2.9m). Revenue is less than US$5m (UK£2.3m revenue, or US$2.9m). Market cap is less than US$100m (UK£33.2m market cap, or US$42.1m). Market cap is less than US$100m (UK£33.2m market cap, or US$42.1m). Annuncio • Dec 22
Blackbird's Ordinary Shares to Cease to Trade on OTCQX Best Market in United States with Effect from 31 December 2023 Blackbird plc announced that, with effect from 31 December 2023, its ordinary shares ("Ordinary Shares") will cease to trade on the OTCQX Best Market in the United States ("OTCQX"). The Company's Ordinary Shares began trading on OTCQX on 28 July 2021 but there has been limited trading since that date. As such, the expenses associated with the Company's Ordinary Shares trading on OTCQX outweigh the benefits for Blackbird shareholders. The Ordinary Shares will continue to be admitted to trading on AIM as the Company's primary market. Annuncio • Nov 18
Blackbird plc's elevate.io Enters Early Access Phase Blackbird plc announced that its new creator SaaS product, elevate.io, has moved into its early access testing phase. elevate.io, the Company's new end to end video and audio content creation and editing platform is scheduled for release in first quarter of 2024. Built using Blackbird, the platform aims to address key pain points facing creators including: complexity of tools; cumbersome collaboration with other users; and limited extensibility. elevate.io has a set of disruptive features uniquely packaged in a browser and designed to solve these tangible problems, including real time multiplayer collaboration. Plug in architecture will enable elevate.io to be a hub for many 3rd party capabilities, including analytical and generative Artificial Intelligence. Not only will this extend functionality but will also provide additional revenue streams and futureproof the platform enabling elevate.io to keep pace with new innovative technologies through seamless integration. elevate.io has been built natively in the public cloud, through a partnership with AWS and other cloud service providers. With this extensive global cloud infrastructure now integrated into its operations, elevate.io has the ability to scale its operations at speed, globally. For elevate.io's customers, this means consistent high performance, and high availability, regardless of geolocation. elevate.io will address the wider creator economy valued at approximately $250 billion and set to double in size by 2027. The tools and services segment of this market which applies directly to elevate.io is valued at approximately $20 billion and is estimated to be worth $180 billion by 2032, a CAGR of 25.7%. With existing marquee clients in the high-end media & entertainment sector, the Company is ideally positioned to credibly launch into the creator market. elevate.io will initially target both pro-teams and creators with different price points ranging from a free entry level tier to a professional and enterprise tier. Annuncio • Sep 14
Blackbird plc Announces New Creator SaaS Product, elevate.io Blackbird plc showcased and named its Creator SaaS product, elevate.io, to a number of investors over two Special Events in Shoreditch, East London on 13 September 2023. Accessible from a web browser and featuring multi-player collaborative functionality, elevate.io is the Company's new end to end video creation tool, built by Blackbird. The product, which addresses the wider creator economy, will be accessible by anyone with a laptop and credit card. The digital content creation market size was $20 billion in 2022 and forecast to grow to $181 billion by 2032. The events gave an insight into elevate.io and outlined its USPs, core features, branding and go to market strategy. elevate.io is scheduled for early access in Fourth Quarter 2023. Reported Earnings • Sep 07
First half 2023 earnings released: UK£0.004 loss per share (vs UK£0.002 loss in 1H 2022) First half 2023 results: UK£0.004 loss per share (further deteriorated from UK£0.002 loss in 1H 2022). Revenue: UK£985.1k (down 36% from 1H 2022). Net loss: UK£1.62m (loss widened 168% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Annuncio • Aug 03
Blackbird plc to Report First Half, 2023 Results on Sep 05, 2023 Blackbird plc announced that they will report first half, 2023 results on Sep 05, 2023 Annuncio • Jun 20
Blackbird plc Announces Resignation of David Main, Non-Executive Director Blackbird plc announced, David Main, a non-executive director of the Company, is not seeking reelection as a director and will step down from the board at the end of this meeting. David has been with the Company for a long time, including a period as Chair. Annuncio • May 28
Blackbird plc, Annual General Meeting, Jun 19, 2023 Blackbird plc, Annual General Meeting, Jun 19, 2023, at 09:30 Coordinated Universal Time. Location: Tuition House, 27-37 St George's Road London United Kingdom Agenda: To consider to proposes that the Company's annual accounts for the year ended 31 December 2022 together with the Directors' Report and Auditor's Report on those accounts be received, considered and adopted; to consider to proposes that Moore Kingston Smith LLP be re-appointed as auditors of the Company from the conclusion of the Annual General Meeting until the conclusion of the next general meeting at which accounts are laid before the Company and authorises the Directors to determine their remuneration; to consider proposes the re-appointment of Stephen Streater as a director; to consider to proposes the re-appointment of Dawn Airey as a director; to consider renews the authority of the Directors to allot shares in the capital of the Company; and to consider other matters. Reported Earnings • Mar 22
Full year 2022 earnings released: UK£0.005 loss per share (vs UK£0.006 loss in FY 2021) Full year 2022 results: UK£0.005 loss per share (improved from UK£0.006 loss in FY 2021). Revenue: UK£2.85m (up 38% from FY 2021). Net loss: UK£1.92m (loss narrowed 10% from FY 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Nov 16
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. No independent directors (7 non-independent directors). Non-Executive Director John Honeycutt was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Sep 15
First half 2022 earnings released: UK£0.002 loss per share (vs UK£0.003 loss in 1H 2021) First half 2022 results: UK£0.002 loss per share (improved from UK£0.003 loss in 1H 2021). Revenue: UK£1.55m (up 79% from 1H 2021). Net loss: UK£603.7k (loss narrowed 48% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Director John Honeycutt was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 08
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: UK£0.006 loss per share (vs UK£0.006 loss in FY 2020). Revenue: UK£2.07m (up 32% from FY 2020). Net loss: UK£2.13m (loss widened 14% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Sep 16
CEO & Director recently bought UK£200k worth of stock On the 14th of September, Ian McDonough bought around 579k shares on-market at roughly UK£0.35 per share. This was the largest purchase by an insider in the last 3 months. Ian has been a buyer over the last 12 months, purchasing a net total of UK£484k worth in shares. Reported Earnings • Sep 15
First half 2021 earnings released: UK£0.003 loss per share (vs UK£0.003 loss in 1H 2020) The company reported a soft first half result with increased losses and weaker control over costs, although revenues improved. First half 2021 results: Revenue: UK£866.6k (up 21% from 1H 2020). Net loss: UK£1.17m (loss widened 24% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Apr 28
CEO & Director recently bought UK£78k worth of stock On the 26th of April, Ian McDonough bought around 300k shares on-market at roughly UK£0.26 per share. This was the largest purchase by an insider in the last 3 months. Ian has been a buyer over the last 12 months, purchasing a net total of UK£384k worth in shares. Recent Insider Transactions • Mar 24
CEO & Director recently bought UK£51k worth of stock On the 22nd of March, Ian McDonough bought around 200k shares on-market at roughly UK£0.25 per share. This was the largest purchase by an insider in the last 3 months. Ian has been a buyer over the last 12 months, purchasing a net total of UK£306k worth in shares. Reported Earnings • Mar 24
Full year 2020 earnings released: UK£0.006 loss per share (vs UK£0.007 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: UK£1.57m (up 45% from FY 2019). Net loss: UK£1.88m (loss narrowed 12% from FY 2019). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 20
New 90-day high: UK£0.23 The company is up 21% from its price of UK£0.20 on 20 November 2020. The British market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 5.0% over the same period. Is New 90 Day High Low • Oct 28
New 90-day high: UK£0.23 The company is up 42% from its price of UK£0.17 on 29 July 2020. The British market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 1.0% over the same period.