Blackbird plc Price & Performance (BBRDF)

Blackbird plc reports that elevate.io, its online video editing platform, has seen a 38% reduction in customer acquisition costs and a conversion rate of about 50% from website visits to verified sign-ups. Recent feature rollouts include vertical video support, 4K exports, and in-timeline comments, enhancing collaboration and user experience.12

Elevate.io, developed by Blackbird plc, has strengthened its market position by slashing customer acquisition costs and improving its onboarding process. The addition of a paid tier and integrated learning resources, along with powerful new editing tools, are credited with boosting user engagement and accelerating platform adoption.13

Despite reporting a net loss of €2.35 million over the past year, Blackbird plc maintains a strong gross margin of 56.5% and holds €5.62 million in cash. The company’s innovative elevate.io platform and improving operational metrics may position it for future value, even as its share price remains subdued.45