Yes, 10k users or thereabouts is breakeven. If/when we reach breakeven then Bird becomes a completely different animal.... A pterodactyl maybe ;-) |
At 25K of paying users BIRD should bc generating cash of around £7.5M a year and have EPS of over 1.5p |
Be nice to be acquired pre revenue so those waiting to invest miss out 😂
Technically I would say elevate has just about now developed enough to be acquired.
If ‘they’ are not kicking the tyres now they never will be.
Adding a few features and a few thousand users will not be of interest to big tech.
So interesting times
All imho |
HB.
That’s sounds beautiful.
Let’s hope it plays out that way. |
Horneblower
I agree with your logic.
On one level it seems strange that currently, the share price places no material value at all on Blackbird's achievement in what they have already proved and demonstrated in producing elevate.io thus far, with it's reliable technical performance plus the promises of significant advantages against the competition in what's to come.
After all, Blackbird have have already demonstrated their supreme innovative technical ability with their enterprise business.
However, so far what they have failed to do is prove that they can create a profitable business that is self funding. Hence the scepticism implied in the share price.
For the share market, seeing will be believing. IMHO |
There are three major milestones ahead...
1. Announcing 100,000 plus freebie users.
2. Launch of paying version.
3. Announcing 1,000 paying users.
1. I hope will be before end 2024 which should produce an share price around 12p.
2. is probably not likely before Mar '25 and could produce a spike to 30 to 40p.
3. may not take very long from launch, as the user-base should already be there. 1,000 paying users shows real growth potential and ought to consolidate the 40p price.
Thereafter it's either lift-off or takeover, imo.
So, £1+ is on it's way, but patience required. |
Agreed, if it starts taking off then it's going a lot further than 20p IMO. I might trim 15% in the 20's but not 50%... the rest is going all the way... *if* it takes off of course... |
Cabi
Strange logic selling some at 20p if it’s taking off. |
Of course there will be another raise at some point. But if the user numbers go hockey stick then with any luck we can raise at 27p again! 40m shares at 27p would be £10m to help turbo charge the expansion curve, at a minimal 10% dilution. |
I am thinking the same. Based on us closing in towards Q1 and investors taking positions ready for it. |
Sorry cabi I just can’t see any logic in that. Takeovers are done in anticipation of value, I’d rather have that value myself thanks.
£££ not pence |
Fingers crossed.
Hopefully a pre Christmas RNS, with major elevate.io updates, and a 100k user announcement. |
I still have a sneaky feeling we will see a santa rally to take out the next gap
GLA, NAI, DYOR, & ATJ |
You would take a £1 takeover all day.
If share price got to 40p again most would be top slicing this time round.
Not many would have the balls to hold out for a billion valuation which is around £3, and if they did it would only be with a fraction of their current holdings.
I’ll be top slicing at 20p if we ever get back there.
In the mean time I’ll keep topping up monthly all the way up to 10p. |
Down to SS and IM
Maybe structure the deal Cabi gets £1 and the rest of us £20 ?😀 |
But would more than 10% of shareholders hold out for more than £1 - 10% being the number at which they cannot be forced to sell? A buyer would almost certainly want 100% of BIRD. |
Let’s test them😀 |
I think they would take £1 per share. |
It’s also in the managements DNA to do a unicorn exit |
If they are around 50k registered users and they can double that every 4 to 6 weeks then they will be in a good place.
Based upon the timespan between the 10k announcement and today that feels reasonable.
3 percent of that figure paying will do good things.
Of course the unknown are what percentage of registers users are actual users and what they will offer to make people pay.
I still think it is clear they will raise at some point. At this point it's in the management's DNA to do so. They can't help themselves. |
I still think the release of the paying software will come early in Q1 2025 if 1) they have all of the software for professional users complete and 2)they have >100K of users. That will maximise their initial income stream as the professionals pay most, use more Cloud storage and are more likely to want the more sophisticated features. The number of users is key to a spectacular launch. |
Really the captains of British industry here!Not content with just spaffing their investors money - they need to take it from the UK government too! This is the kind of shamelessness Britain was built on - and continues to excel at it seems! |
We only had an update in September so probably December next update. To me it sounds positive.Wider marketing thanks to inclusion in the UK innovation group.Directors bought in back in September . |
Allenby Capital TMT Update - 14.10.24 - BIRD.L, TRAK.L, ELEG.L, ENET.LBlackbird plc* (BIRD.L, 7.5p/£29.0m)Selected for Innovate UK's Global Business Innovation Programme (10.10.24) Blackbird selected to join Innovate UK's Global Business Innovation Programme (GBIP). This includes a fully funded trip to attend the South by Southwest (SXSW) Conference in Austin, Texas in March 2025. GBIP is a nine-to-twelve-month programme that aims to support innovative UK businesses to grow and scale on the global stage through building R&D, innovation collaborations and partnerships. Innovate UK's support includes pitching opportunities, panel discussions and extensive networking to companies and potential partners.Allenby Capital comment: GBIP will provide Blackbird with multiple opportunities to showcase elevate.io, its online collaborative video editing and content creation platform at a popular international trade show.*Allenby Capital acts as Nomad and Broker |
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