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BIRD

Blackbird AIM:BIRD Stock Report

Last Price

UK£0.19

Market Cap

UK£70.8m

7D

20.3%

1Y

-37.9%

Updated

24 Jun, 2022

Data

Company Financials
BIRD fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

BIRD Stock Overview

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.

Blackbird Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Blackbird
Historical stock prices
Current Share PriceUK£0.19
52 Week HighUK£0.39
52 Week LowUK£0.15
Beta1.08
1 Month Change16.67%
3 Month Change13.24%
1 Year Change-37.90%
3 Year Change165.52%
5 Year Change318.48%
Change since IPO-62.26%

Recent News & Updates

Shareholder Returns

BIRDGB SoftwareGB Market
7D20.3%2.0%2.3%
1Y-37.9%-22.0%-8.6%

Return vs Industry: BIRD underperformed the UK Software industry which returned -22.7% over the past year.

Return vs Market: BIRD underperformed the UK Market which returned -10.4% over the past year.

Price Volatility

Is BIRD's price volatile compared to industry and market?
BIRD volatility
BIRD Average Weekly Movement6.9%
Software Industry Average Movement5.6%
Market Average Movement5.5%
10% most volatile stocks in GB Market10.8%
10% least volatile stocks in GB Market2.8%

Stable Share Price: BIRD is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: BIRD's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199828Ian McDonoughhttps://www.blackbird.video

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.

Blackbird Fundamentals Summary

How do Blackbird's earnings and revenue compare to its market cap?
BIRD fundamental statistics
Market CapUK£70.76m
Earnings (TTM)-UK£2.13m
Revenue (TTM)UK£2.07m

34.3x

P/S Ratio

-33.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BIRD income statement (TTM)
RevenueUK£2.07m
Cost of RevenueUK£155.69k
Gross ProfitUK£1.91m
Other ExpensesUK£4.05m
Earnings-UK£2.13m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0058
Gross Margin92.47%
Net Profit Margin-103.31%
Debt/Equity Ratio0%

How did BIRD perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is BIRD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BIRD?

Other financial metrics that can be useful for relative valuation.

BIRD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue28.1x
Enterprise Value/EBITDA-32.4x
PEG Ration/a

Price to Sales Ratio vs Peers

How does BIRD's PS Ratio compare to its peers?

BIRD PS Ratio vs Peers
The above table shows the PS ratio for BIRD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average2.2x

Price-To-Sales vs Peers: BIRD is expensive based on its Price-To-Sales Ratio (34.3x) compared to the peer average (2.2x).


Price to Earnings Ratio vs Industry

How does BIRD's PE Ratio compare vs other companies in the U.K. Software Industry?

Price-To-Sales vs Industry: BIRD is expensive based on its Price-To-Sales Ratio (34.3x) compared to the UK Software industry average (3.5x)


Price to Sales Ratio vs Fair Ratio

What is BIRD's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BIRD PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio34.3x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate BIRD's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of BIRD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate BIRD's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BIRD's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BIRD's PEG Ratio to determine if it is good value.


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Future Growth

How is Blackbird forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


22.7%

Forecasted Software industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Blackbird has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine Blackbird's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Blackbird competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Blackbird performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


3.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BIRD is currently unprofitable.

Growing Profit Margin: BIRD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BIRD is unprofitable, but has reduced losses over the past 5 years at a rate of 3.8% per year.

Accelerating Growth: Unable to compare BIRD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BIRD is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-14.3%).


Return on Equity

High ROE: BIRD has a negative Return on Equity (-16.49%), as it is currently unprofitable.


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Financial Health

How is Blackbird's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: BIRD's short term assets (£13.3M) exceed its short term liabilities (£1.6M).

Long Term Liabilities: BIRD's short term assets (£13.3M) exceed its long term liabilities (£131.9K).


Debt to Equity History and Analysis

Debt Level: BIRD is debt free.

Reducing Debt: BIRD has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BIRD has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: BIRD has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 5.9% each year


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Dividend

What is Blackbird current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate BIRD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BIRD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BIRD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BIRD's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as BIRD has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

Ian McDonough (49 yo)

4.75yrs

Tenure

UK£221,949

Compensation

Mr. Ian McDonough has been the Chief Executive Officer of Blackbird plc (formerly known as Forbidden Technologies plc) since September 1, 2017. Mr. McDonough served as Senior Vice President and Managing Di...


CEO Compensation Analysis

Compensation vs Market: Ian's total compensation ($USD272.79K) is about average for companies of similar size in the UK market ($USD334.27K).

Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BIRD's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: BIRD's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BIRD insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.7%.


Top Shareholders

Company Information

Blackbird plc's employee growth, exchange listings and data sources


Key Information

  • Name: Blackbird plc
  • Ticker: BIRD
  • Exchange: AIM
  • Founded: 1998
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: UK£70.756m
  • Shares outstanding: 367.57m
  • Website: https://www.blackbird.video

Number of Employees


Location

  • Blackbird plc
  • Tuition House
  • 27-37 St. George’s Road
  • London
  • Greater London
  • SW19 4EU
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.