Cloud-based video editing and publishing software provider Blackbird plc has reported interim revenues of £577,000 for the first six months of 2025, down 17% year-on-year from £692,000.

Despite the revenue decline, operating costs fell 20% to £1.61 million, helping reduce its EBITDA loss to £1.15m from £1.41m a year earlier.

Net loss after tax remained broadly flat at £1.56m.

Cash reserves stood at £2.27m, down from £3.77m a year ago, with a July fundraising of £2.1m set to fund the product-market fit phase of its elevate.io product.