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During recent investor discussions, considerable attention has focused on the significant efforts by Elevate to engage with users and ascertain which video editing features are most desired. This user-centric approach indicates a strategy that aims to enhance product offerings based on direct customer feedback, potentially setting the stage for increased user satisfaction and retention. Investors have noted the potential demand for features like audio-to-text capabilities and brand kits, which could drive subscriptions once the company rolls out its paid tiers.
Financially, there is a palpable interest in understanding the revenue model for Elevate, particularly through potential upgrades from free storage to paid plans, mirroring successful strategies seen in other digital services. Discussion participants speculate about substantial markets for professional video editing that Elevate could tap into, spanning industries from education to e-commerce. The sentiment suggests an optimistic but cautious view, awaiting clear indicators of product monetization success.
Investor sentiment has also been influenced by industry movements, particularly concerning competitor companies like Scenery. The merging of Scenery with Adobe has generated speculation about Adobe's strategies and the competitive landscape for web-based video editing tools. This acquisition underscores the demand for advanced editing capabilities and suggests potential opportunities or challenges for Elevate in carving out its niche. As one participant noted, “Adobe is haunted by Figma and Canva; elevate goes straight to the Adobe bullseye of their strategy.” Such developments highlight the dynamic state of the market and the emerging opportunities for Elevate to assert its presence.
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Blackbird PLC, a company known for its cloud-based video editing platforms, has made significant strides in recent months. Notably, Blackbird has been selected to join Innovate UK's Global Business Innovation Programme, which includes a funded trip to the prestigious South by Southwest Conference in Austin, Texas, to be held in March 2025. This endorsement by Innovate UK, a national innovation agency, signals Blackbird's growing presence in the tech industry and its commitment to bringing innovative video editing solutions to market. Additionally, their new platform elevate.io has achieved over 10,000 verified users, thanks to strategic marketing campaigns that have rapidly increased its user base.
From a financial perspective, Blackbird has reported a narrowing of its losses, highlighting improved financial performance. A significant development in the company's leadership includes the appointment of Nick Lisher to the Board as a Non-Executive Director. Lisher's experience in growth marketing and community building is expected to bolster Blackbird's strategic direction and market outreach. Moreover, key executive members, including CEO Ian McDonough and CFO Stephen White, have increased their shareholdings in the company, demonstrating confidence in its future prospects. Overall, Blackbird continues to advance its product offerings while strengthening its leadership team and financial standing.
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A full RNS was a bit weird. |
Impressive. |
Interesting that you’re using that well known metric of total users out of world population. |
Soaring . Lmao talk about trying to hype the share price 40k out of 7 billion not exactly soaring is it . Management trying to spin it . I'll be avoiding this at all costs |
Great to see a video RNS, first one I've seen! Good demonstration of Elevate's output. I think the text tools seem to have been expanded too? |
Good news. I think we'd hoped that it might be above 50k by now, but it's still fast growth! |
That will light the fire! |
RNS Number : 8637M |
40000 users. Great use of elevate.io for the video RNS ! |
Morning 40k users!!! |
I’d rather they make money than win trophies. |
Our Trophy cabinet is looking a bit tired so looking forward to the Sports Pro Award in Madrid tomorrow evening. Maybe? |
Salmon9, |
Horneblower |
Bonio, Pat, thanks to both of you. |
What video at top? |
Thanks Salmon |
‘I can’t see many people paying up for elevate.io unless they come up with some big updates.’ |
NickB |
Re VIA Map - scroll down below link to "VIA MAP applications" on left. Click "Create" - this is our tech IPD-Via Create. Presumably we get a cut of everyone who signs up to VIA Map as Create doesn't appear to be an optional component. |
Miton UK MicroCap Trust |
Lazy f... |
Type | Ordinary Share |
Share ISIN | GB0004740477 |
Sector | Computer Programming Service |
Bid Price | 5.50 |
Offer Price | 6.50 |
Open | 6.00 |
Shares Traded | 8,203 |
Last Trade | 07:47:45 |
Low - High | 6.00 - 6.00 |
Turnover | 1.94M |
Profit | -2.49M |
EPS - Basic | -0.0064 |
PE Ratio | -9.38 |
Market Cap | 23.22M |
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Celebrating 25 years Est 1999-2024
Real-time Prices | Level 2 | |
---|---|---|
London Stock Exchange | ||
Chi-X Europe | ||
BATS Europe | ||
Aquis Exchange | ||
New York Stock Exchange | ||
NASDAQ | ||
American Stock Exchange | ||
Dow Jones Indices | ||
Precious Metal |
*Across 3 years £2132.64 only £853.06