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Blackbird trims losses as elevate.io subscriptions accelerate

Blackbird ($BIRD-LSE) reported first-half revenue of £0.53 million, down 8%, while its EBITDA loss narrowed to £0.99 million from £1.15 million. The video-editing software company reduced cash burn to £1.29 million from £1.50 million and finished the period with £1.90 million in cash and short-term investments, without debt. Its net loss remained substantial at £1.50 million. The accompanying trading update showed elevate.io subscriptions reaching 914, a 235% increase during the quarter to date,

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Blackbird appoints Adrian Wilding as interim CFO

Blackbird announced on 7 September 2026 that Adrian Wilding has been appointed interim chief financial officer in a non-board role. Relevant experience Wilding is a chartered accountant with more than 20 years of finance leadership experience across software, payments, financial technology and subscription businesses. His remit comes as Blackbird develops its elevate.io offering alongside its existing video-editing technology and platform-licensing activities. What changes for investors The appo

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