Annual revenues fell at Blackbird plc in 2025 while losses widened.

The AIM-listed firm is a technology licensor, developer and seller of a cloud-native video editing platform, Blackbird, and elevate.io, a ‘multiplayer’ editor available via browsers.

Revenues were £1.38m for the 12 months to 31st December 2025, down 14% year-on-year, primarily due to the loss of some deals in the Blackbird division together with the non-recurring revenues from the global Summer games in 2024.

The net loss for the year was £2.61m compared to a net loss of £2.35m in 2024.

The firm had 388 paying subscriber numbers as at 16th March 2026.

A placing, management subscription and retail offer recently raised around £2.13m – before expenses – to fund elevate.io through its product-market fit phase.