I do think BIRD will be one of my best investments of all time.
Innovative Technology: Blackbird operates in the cloud-native video editing and publishing software market with its platform named Blackbird. This platform allows for frame-accurate navigation, playback, viewing, and editing in the cloud, which is particularly beneficial for video professionals in various sectors including news, sports, and entertainment. The technology's ability to handle video in a cloud-based environment offers significant advantages like cost savings, reduced hardware requirements, and scalability, which are increasingly important in the digital content era.
Market Growth and User Adoption: The company has shown growth in user adoption with its product elevate.io, which has reached 40,000 users across 120 countries shortly after its launch. This indicates a potential for further expansion in the SaaS and cloud video markets, where Blackbird operates.
Strategic Developments: Blackbird has been active in enhancing its product offerings, with recent announcements about new features and the appointment of new directors to support the rollout of elevate.io, suggesting a strategic push to strengthen its market position.
Financial Considerations: While Blackbird's latest annual financials show a net loss, the company's revenue from its innovative technology, even if not yet profitable, indicates potential for future growth. The interest from both insiders through share purchases and from external investors might suggest confidence in future profitability or a strategic acquisition. However, the negative price-to-earnings ratio implies that the company is not currently profitable, which investors should consider alongside growth potential.
Investment Sentiment: There's a mix of optimism and caution among investors based on discussions on platforms like ADVFN, where some see potential in the rapid user growth of elevate.io, while others express concerns over monetization and user retention. This duality in investor sentiment could mean there's room for significant upside if the company manages to successfully navigate these challenges.
However, investing in Blackbird plc also comes with risks:
Volatility: The stock has shown significant volatility, which might not suit all investors, particularly those with a low risk tolerance.
Profitability: The company is currently reporting losses, which could be a concern for investors focusing on immediate returns.
Market Competition: The cloud video editing market is competitive, and Blackbird's ability to maintain or grow market share will depend on continuous innovation and effective marketing.
In conclusion, buying Blackbird plc shares could be considered if you believe in the long-term growth of cloud-based video solutions and are willing to accept the risks associated with a company that is still working towards profitability. As with any investment, it's crucial to conduct thorough due diligence, consider your investment strategy, and possibly consult with a financial advisor.
