Cash flow Blackbird plc

Equities

FBT

GB0004740477

Software

Market Closed - London S.E. Other stock markets 11:35:16 2026-02-06 am EST			5-day change	1st Jan Change
2.250 ^GBX	0.00%		+2.27%	-2.17%

Feb. 02	Reach Blackbird plc Announces the Launch of A New Tiered Pricing Structure for elevate.io	CI
Jan. 23	TruFin announces buyback and Playstack unit wins deal	AN

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Published financial data: BLACKBIRD PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	1.57M	2.07M	2.85M	1.94M	1.61M
Total Revenues	1.57M	2.07M	2.85M	1.94M	1.61M
Cost of Goods Sold, Total	163K	156K	143K	125K	142K
Gross Profit	1.4M	1.91M	2.7M	1.81M	1.47M
Selling General & Admin Expenses, Total	2.82M	3.11M	4.51M	4.11M	3.6M
Stock-Based Compensation (IS)	139K	177K	169K	41.31K	47.04K
Depreciation & Amortization - (IS)	109K	117K	145K	168K	82.5K
Amortization of Goodwill and Intangible Assets - (IS)	276K	337K	383K	417K	412K
Other Operating Expenses	-	-	-350K	-	-2K
Other Operating Expenses, Total	3.34M	3.74M	4.86M	4.74M	4.14M
Operating Income	-1.94M	-1.83M	-2.15M	-2.93M	-2.68M
Interest Expense, Total	-16.06K	-11.98K	-7.69K	-3.18K	-70
Interest And Investment Income	49.51K	30.36K	149K	329K	260K
Net Interest Expenses	33.45K	18.38K	141K	325K	260K
Other Non Operating Income (Expenses)	-	-358K	-	-	-
EBT, Excl. Unusual Items	-1.91M	-2.17M	-2.01M	-2.6M	-2.42M
Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
EBT, Incl. Unusual Items	-1.91M	-2.17M	-2.01M	-2.6M	-2.42M
Income Tax Expense	-25.42K	-32.17K	-94.18K	-109K	-70.89K
Earnings From Continuing Operations	-1.88M	-2.13M	-1.92M	-2.49M	-2.35M
Net Income to Company	-1.88M	-2.13M	-1.92M	-2.49M	-2.35M
Net Income - (IS)	-1.88M	-2.13M	-1.92M	-2.49M	-2.35M
Net Income to Common Incl Extra Items	-1.88M	-2.13M	-1.92M	-2.49M	-2.35M
Net Income to Common Excl. Extra Items	-1.88M	-2.13M	-1.92M	-2.49M	-2.35M
Per Share Items
Net EPS - Basic	-0.01	-0.01	-0.01	-0.01	-0.01
Basic EPS - Continuing Operations	-0.01	-0.01	-0.01	-0.01	-0.01
Basic Weighted Average Shares Outstanding	336M	338M	367M	367M	384M
Net EPS - Diluted	-0.01	-0.01	-0.01	-0.01	-0.01
Diluted EPS - Continuing Operations	-0.01	-0.01	-0.01	-0.01	-0.01
Diluted Weighted Average Shares Outstanding	336M	338M	367M	367M	384M
Normalized Basic EPS	-0	-0	-0	-0	-0
Normalized Diluted EPS	-0	-0	-0	-0	-0
Supplemental Items
EBITDA	-1.92M	-1.8M	-2.09M	-2.85M	-2.62M
EBITA	-1.94M	-1.83M	-2.15M	-2.93M	-2.68M
EBIT	-1.94M	-1.83M	-2.15M	-2.93M	-2.68M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	1.33	1.48	4.68	4.18	2.93
Total Current Taxes	-25.42K	-32.17K	-94.18K	-109K	-70.89K
Normalized Net Income	-1.19M	-1.35M	-1.26M	-1.63M	-1.51M
Interest on Long-Term Debt	16.06K	11.98K	7.69K	3.18K	70
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	494K	680K	841K	2.05M	2.11M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., Other (Total)	139K	177K	169K	41.31K	47.04K
Total Stock-Based Compensation	139K	177K	169K	41.31K	47.04K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	4.93M	8.67M	5.73M	3.98M	3.16M
Short Term Investments	1.62M	4.17M	4.37M	2.49M	607K
Total Cash And Short Term Investments	6.55M	12.84M	10.1M	6.47M	3.77M
Accounts Receivable, Total	99.23K	68.19K	561K	379K	598K
Other Receivables	130K	250K	250K	341K	124K
Total Receivables	229K	318K	811K	721K	721K
Inventory	15.73K	895	662	-	-
Prepaid Expenses	70.18K	90.08K	126K	87.82K	81.87K
Other Current Assets, Total	19.18K	19.18K	19.18K	-	-
Total Current Assets	6.88M	13.27M	11.06M	7.28M	4.57M
Gross Property Plant And Equipment	1.24M	1.31M	859K	887K	256K
Accumulated Depreciation	-933K	-1.05M	-657K	-809K	-238K
Net Property Plant And Equipment	309K	257K	202K	78.19K	17.66K
Other Intangibles, Total	1.11M	1.2M	1.27M	2.55M	3.83M
Total Assets	8.29M	14.72M	12.53M	9.9M	8.42M
Liabilities
Accounts Payable, Total	31.91K	74.61K	64.87K	45.14K	45.02K
Accrued Expenses, Total	213K	724K	375K	455K	305K
Current Portion of Leases	96.9K	89.39K	93.79K	29.22K	-
Unearned Revenue Current, Total	399K	575K	712K	570K	515K
Other Current Liabilities	90.32K	182K	53.61K	7.36K	12.19K
Total Current Liabilities	831K	1.65M	1.3M	1.11M	877K
Long-Term Leases	201K	124K	29.78K	-	-
Other Non Current Liabilities	123K	8.25K	-	-	-
Total Liabilities	1.15M	1.78M	1.33M	1.11M	877K
Common Stock, Total	2.7M	2.94M	2.94M	2.95M	3.1M
Additional Paid In Capital	26.52M	34.03M	34.04M	34.08M	34.98M
Retained Earnings	-22.2M	-24.16M	-25.9M	-28.36M	-30.66M
Comprehensive Income and Other	125K	125K	125K	125K	125K
Total Common Equity	7.14M	12.94M	11.2M	8.8M	7.55M
Total Equity	7.14M	12.94M	11.2M	8.8M	7.55M
Total Liabilities And Equity	8.29M	14.72M	12.53M	9.9M	8.42M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	337M	368M	368M	368M	387M
ECS Total Common Shares Outstanding	337M	368M	368M	368M	387M
Book Value / Share	0.02	0.04	0.03	0.02	0.02
Tangible Book Value	6.03M	11.75M	9.93M	6.25M	3.71M
Tangible Book Value Per Share	0.02	0.03	0.03	0.02	0.01
Total Debt	298K	213K	124K	29.22K	0
Net Debt	-6.25M	-12.63M	-9.98M	-6.44M	-3.77M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	706K	771K	323K	351K	256K
Full Time Employees	23	28	34	41	36
Accumulated Allowance for Doubtful Accounts (Supple)	3K	-	-	-	-
Order Backlog	1.93M	3.73M	3.43M	1.77M	1.83M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-1.88M	-2.13M	-1.92M	-2.49M	-2.35M
Depreciation & Amortization - CF	109K	117K	145K	168K	82.5K
Depreciation & Amortization, Total	109K	117K	145K	168K	82.5K
Amortization of Deferred Charges, Total - (CF)	276K	337K	383K	417K	412K
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Stock-Based Compensation (CF)	139K	177K	169K	41.31K	47.04K
Other Operating Activities, Total	-42.5K	-37.11K	-562K	-343K	-222K
Change In Accounts Receivable	202K	-94.4K	-373K	165K	5.27K
Change In Inventories	-	-	-	-	-
Change In Accounts Payable	124K	748K	-16.02K	-21.64K	-382K
Cash from Operations	-1.07M	-888K	-2.17M	-2.07M	-2.4M
Capital Expenditure	-26.2K	-65.29K	-90.23K	-44.1K	-20.72K
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Intangible assets	-426K	-444K	-470K	-1.71M	-1.7M
Investment in Marketable and Equity Securities, Total	-1.62M	-2.55M	-197K	1.88M	1.88M
Other Investing Activities, Total	43.17K	25.39K	82.04K	237K	403K
Cash from Investing	-2.03M	-3.03M	-676K	364K	568K
Long-Term Debt Repaid, Total	-96.82K	-96.9K	-97.17K	-97.53K	-29.3K
Total Debt Repaid	-96.82K	-96.9K	-97.17K	-97.53K	-29.3K
Issuance of Common Stock	160K	7.76M	5.04K	47.35K	1.05M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	62.81K	7.66M	-92.13K	-50.18K	1.02M
Miscellaneous Cash Flow Adjustments	-	-	-2	-	-
Net Change in Cash	-3.04M	3.74M	-2.94M	-1.75M	-817K
Supplemental Items
Cash Interest Paid	16.06K	11.98K	7.69K	3.18K	70
Cash Income Tax Paid (Refund)	-32.42K	-25.42K	-32.17K	-94.18K	-109K
Levered Free Cash Flow	-938K	-300K	-2.09M	-2.93M	-3.04M
Unlevered Free Cash Flow	-928K	-292K	-2.09M	-2.93M	-3.04M
Change In Net Working Capital	-212K	-728K	880K	-21.62K	195K
Net Debt Issued / Repaid	-96.82K	-96.9K	-97.17K	-97.53K	-29.3K

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-13.35	-9.93	-9.87	-16.31	-18.27
Return on Total Capital	-14.66	-11.09	-10.99	-18.16	-20.45
Return On Equity %	-23.71	-21.26	-15.88	-24.94	-28.72
Return on Common Equity	-23.71	-21.26	-15.88	-24.94	-28.72
Margin Analysis
Gross Profit Margin %	89.58	92.47	94.97	93.55	91.17
SG&A Margin	179.93	150.38	158.4	212.33	224.19
EBITDA Margin %	-122.34	-86.96	-73.55	-146.88	-163.1
EBITA Margin %	-123.76	-88.45	-75.6	-151.09	-166.56
EBIT Margin %	-123.76	-88.45	-75.6	-151.09	-166.56
Income From Continuing Operations Margin %	-120	-103.31	-67.32	-128.69	-145.98
Net Income Margin %	-120	-103.31	-67.32	-128.69	-145.98
Net Avail. For Common Margin %	-120	-103.31	-67.32	-128.69	-145.98
Normalized Net Income Margin	-76.02	-65.54	-44.14	-83.94	-93.99
Levered Free Cash Flow Margin	-59.88	-14.52	-73.53	-151.44	-189.36
Unlevered Free Cash Flow Margin	-59.24	-14.15	-73.37	-151.34	-189.36
Asset Turnover
Asset Turnover	0.17	0.18	0.21	0.17	0.18
Fixed Assets Turnover	4.48	7.31	12.41	13.82	33.55
Receivables Turnover (Average Receivables)	8.27	24.68	9.05	4.12	3.29
Inventory Turnover (Average Inventory)	19.93	18.73	184	-	-
Short Term Liquidity
Current Ratio	8.28	8.06	8.51	6.57	5.21
Quick Ratio	8.16	8	8.4	6.49	5.12
Operating Cash Flow to Current Liabilities	-1.29	-0.54	-1.67	-1.87	-2.74
Days Sales Outstanding (Average Receivables)	44.28	14.79	40.33	88.57	111.22
Days Outstanding Inventory (Average Inventory)	18.36	19.48	1.98	-	-
Average Days Payable Outstanding	221.39	138.01	178.11	-	116.22
Cash Conversion Cycle (Average Days)	-158.75	-103.74	-135.79	-	-
Long Term Solvency
Total Debt/Equity	4.17	1.65	1.1	0.33	-
Total Debt / Total Capital	4.01	1.62	1.09	0.33	-
LT Debt/Equity	2.82	0.96	0.27	-	-
Long-Term Debt / Total Capital	2.7	0.94	0.26	-	-
Total Liabilities / Total Assets	13.92	12.07	10.6	11.18	10.41
EBIT / Interest Expense	-120.77	-152.56	-279.83	-919.12	-38.25K
EBITDA / Interest Expense	-114	-142.78	-261.02	-866.34	-37.07K
(EBITDA - Capex) / Interest Expense	-115.64	-148.23	-272.75	-880.18	-37.37K
Total Debt / EBITDA	-0.16	-0.12	-0.06	-0.01	-
Net Debt / EBITDA	3.41	7.38	4.97	2.33	1.45
Total Debt / (EBITDA - Capex)	-0.16	-0.12	-0.06	-0.01	-
Net Debt / (EBITDA - Capex)	3.36	7.11	4.75	2.3	1.44
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	45.42	31.85	37.79	-31.95	-17.02
Gross Profit, 1 Yr. Growth %	53.19	36.1	41.53	-32.97	-19.14
EBITDA, 1 Yr. Growth %	-10.66	-1.22	-2.8	35.89	-7.86
EBITA, 1 Yr. Growth %	-11.02	-0.74	-1.5	36	-8.53
EBIT, 1 Yr. Growth %	-11.02	-0.74	-1.5	36	-8.53
Earnings From Cont. Operations, 1 Yr. Growth %	-11.65	13.51	-10.21	30.07	-5.87
Net Income, 1 Yr. Growth %	-11.65	13.51	-10.21	30.07	-5.87
Normalized Net Income, 1 Yr. Growth %	-11.8	13.69	-7.19	29.39	-7.08
Diluted EPS Before Extra, 1 Yr. Growth %	-21.59	12.61	-17.09	30.05	-10.06
Accounts Receivable, 1 Yr. Growth %	-64.56	-31.28	722.73	-32.4	57.61
Inventory, 1 Yr. Growth %	2.28K	-94.31	-26.03	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-21.09	-16.82	-21.22	-61.33	-77.42
Total Assets, 1 Yr. Growth %	-15.92	77.48	-14.89	-20.96	-14.94
Tangible Book Value, 1 Yr. Growth %	-22.14	94.69	-15.47	-37.08	-40.56
Common Equity, 1 Yr. Growth %	-18.14	81.29	-13.47	-21.47	-14.21
Cash From Operations, 1 Yr. Growth %	-42.09	-17.32	144.5	-4.77	16.37
Capital Expenditures, 1 Yr. Growth %	35.28	149.16	38.2	-51.13	-53.01
Levered Free Cash Flow, 1 Yr. Growth %	-36.14	-65.8	299.95	40.14	3.75
Unlevered Free Cash Flow, 1 Yr. Growth %	-36.46	-66.27	304.82	40.37	3.82
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	34.19	38.47	34.79	-3.17	-24.86
Gross Profit, 2 Yr. CAGR %	37.25	44.39	38.79	-2.6	-26.38
EBITDA, 2 Yr. CAGR %	-13.64	-8.5	7.3	14.93	11.9
EBITA, 2 Yr. CAGR %	-13.88	-8.43	8.12	15.74	11.54
EBIT, 2 Yr. CAGR %	-13.88	-8.43	8.12	15.74	11.54
Earnings From Cont. Operations, 2 Yr. CAGR %	-14.53	0.14	0.96	8.07	10.65
Net Income, 2 Yr. CAGR %	-14.53	0.14	0.96	8.07	10.65
Normalized Net Income, 2 Yr. CAGR %	-14.37	0.13	2.72	9.58	9.65
Diluted EPS Before Extra, 2 Yr. CAGR %	-27.65	-6.03	-3.38	3.84	8.15
Accounts Receivable, 2 Yr. CAGR %	-27.09	-50.65	137.78	135.84	3.22
Inventory, 2 Yr. CAGR %	-	16.36	-79.48	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	206.64	-18.99	-19.05	-44.8	-70.45
Total Assets, 2 Yr. CAGR %	16.23	22.15	22.9	-17.98	-18.01
Tangible Book Value, 2 Yr. CAGR %	11.86	23.12	28.29	-27.07	-38.84
Common Equity, 2 Yr. CAGR %	13.21	21.82	25.25	-17.56	-17.92
Cash From Operations, 2 Yr. CAGR %	-24.72	-30.81	42.18	52.59	5.27
Capital Expenditures, 2 Yr. CAGR %	22.37	83.59	85.56	-17.82	-52.08
Levered Free Cash Flow, 2 Yr. CAGR %	-12.14	-54.82	54.51	136.75	20.58
Unlevered Free Cash Flow, 2 Yr. CAGR %	-12.61	-55.26	55.23	138.38	20.72
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	27.35	33.4	38.24	7.33	-8.02
Gross Profit, 3 Yr. CAGR %	32.19	36.86	43.43	8.89	-8.46
EBITDA, 3 Yr. CAGR %	-6.09	-11.25	-0.81	16.09	6.77
EBITA, 3 Yr. CAGR %	-6.36	-11.26	-0.42	16.71	7.01
EBIT, 3 Yr. CAGR %	-6.36	-11.26	-0.42	16.71	7.01
Earnings From Cont. Operations, 3 Yr. CAGR %	-6.97	-6.05	-3.43	9.86	3.21
Net Income, 3 Yr. CAGR %	-6.97	-6.05	-3.43	9.86	3.21
Normalized Net Income, 3 Yr. CAGR %	-6.89	-5.88	-2.37	10.93	3.72
Diluted EPS Before Extra, 3 Yr. CAGR %	-24.36	-16.16	-9.88	6.68	-1.02
Accounts Receivable, 3 Yr. CAGR %	-9.82	-28.51	26.07	56.35	106.19
Inventory, 3 Yr. CAGR %	-	-	0.05	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	72.85	98.5	-19.74	-36.72	-59.03
Total Assets, 3 Yr. CAGR %	38.88	33.84	8.29	6.09	-16.98
Tangible Book Value, 3 Yr. CAGR %	54.59	34.55	8.62	1.17	-31.88
Common Equity, 3 Yr. CAGR %	38.78	32.45	8.7	7.2	-16.46
Cash From Operations, 3 Yr. CAGR %	-14.25	-22.33	5.39	24.4	39.41
Capital Expenditures, 3 Yr. CAGR %	-17.52	55.1	67.01	18.95	-31.79
Levered Free Cash Flow, 3 Yr. CAGR %	-5.03	-37.28	12.53	49.57	79.83
Unlevered Free Cash Flow, 3 Yr. CAGR %	-5.37	-37.8	12.65	50.11	80.69
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	17.2	21.67	30.27	17.36	8.33
Gross Profit, 5 Yr. CAGR %	18.52	23.91	34.79	19.45	9.85
EBITDA, 5 Yr. CAGR %	-5.21	-4.96	-1.98	2.05	4.09
EBITA, 5 Yr. CAGR %	-6.13	-5.04	-1.84	2.28	4.2
EBIT, 5 Yr. CAGR %	-6.13	-5.04	-1.84	2.28	4.2
Earnings From Cont. Operations, 5 Yr. CAGR %	-5.96	-1.82	-3.88	-0.64	1.97
Net Income, 5 Yr. CAGR %	-5.96	-1.82	-3.88	-0.64	1.97
Normalized Net Income, 5 Yr. CAGR %	-6.27	-1.73	-3.16	0.02	2.27
Diluted EPS Before Extra, 5 Yr. CAGR %	-22	-17.32	-16.58	-8.67	-3.06
Accounts Receivable, 5 Yr. CAGR %	-2.11	-25.17	32.9	15.23	16.38
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	32.71	39.58	27.61	18.96	-46.18
Total Assets, 5 Yr. CAGR %	18.28	21.56	32.25	10.03	-3.11
Tangible Book Value, 5 Yr. CAGR %	27.5	25.96	43.48	5.32	-13.68
Common Equity, 5 Yr. CAGR %	16.62	20.71	33.2	9.57	-2.86
Cash From Operations, 5 Yr. CAGR %	-13.2	-11.87	4.98	1.76	5.34
Capital Expenditures, 5 Yr. CAGR %	-10.11	22.63	14.08	20.3	1.36
Levered Free Cash Flow, 5 Yr. CAGR %	-12.15	-23.04	13.83	19.27	15.68
Unlevered Free Cash Flow, 5 Yr. CAGR %	-12.34	-23.42	13.78	19.26	15.81