Slide 1: Blackbird plc 2022 Interim results
Blackbird plc 2022 Interim results September 2022 Presentation team: Ian McDonough (CEO) Stephen White (COO/CFO)
Slide 2: Important Notice
2 . Important Notice The information contained in this document (“Presentation”) has The views of the Company’s management/directors and/or its Neither the issue of this Presentation nor any part of its contents is to been prepared by Blackbird plc (the “Company”). The Company is a partners set out
Slide 3: Who we are & what we do
3 . Who we are & what we do Blackbird plc The AIM listed developer and seller of Blackbird® Market cap of c. £74million (9 September 2022) Blackbird Cloud native content creation and distribution Scalable and efficient tech Growing IP portfolio
Slide 4: The Board
4 . Executive s The Board Ian McDonough, CEO Stephen White, CFO/COO Stephen Streater, R&D Director Former EVP of BBC Worldwide, Former VP Finance of NBC Universal, Former Managing Director of Eidos, SVP Managing Director, EMEA of Turner Finance Director, Jetix Europe Blackbird Founder Non-Executive
Slide 5: 2022 Highlights
5 . 2022 Highlights •Record revenues up 78% vs prior year (PY) •Hired in-house expertise to accelerate growth opportunities •First technology licensing deal nears delivery
Slide 6: Strategic Direction
6 . Strategic Direction ‘Powered Mass by market Blackbird’ Accessible Ecosystem
Slide 7: 2022 selected deals
7 . 2022 selected deals Europ U.S e . Global Financial News Organisation
Slide 8: Powered by Blackbird
8. Powered by Blackbird •First technology licensing deal nears delivery •Soft launch with major US broadcaster •Product announcement later in 2022
Slide 9: Expanding our reach
9 . Expanding our reach ‘Blackbird is top of the pyramid…’ Jan Ozer, Streaming Media magazine, December 2021 M&E •Creator Economy $100bn+ market & rapidly expanding Professional teams •Leverage our technological advantages & Prosumer •Become frictionless Consumer
Slide 10: Key expertise hired
10. Key expertise hired Sumit Rai Chief Product Officer Mo Volans SVP Product Marketing Morgan Henry VP Engineering Former CPO at VEGAS Pro, CPO at Kulu Valley, Former SVP Marketing at VEGAS Pro, Former Head of Emerging Tech at YouView TV, Engineering CTO at Pukka Films Strategy Consultant at Abbey
Slide 11: Revenue
11 . Revenue Monthly Recurring Revenue (MRR) •78% growth in revenues vs PY •221% increase over last three years •222% increase in revenues over last three •MRR flat vs PY years •Prior to minimum guarantee on tech licensing deal •Subject to exchange rate fluctuations
Slide 12: Record order book
12 . Record order book Contracted but unrecognised revenue* •£3.3 million* (grew to a record £4.0m* at 31 August 2022) at 30 June 2022 up 69% vs PY •£2.4 million* (grew to a record £2.7m* at 31 August 2022) revenue secured for 2022 +49% vs PY comparative * Unaudited & subject to exchange rate fluctu
Slide 13: Cash
13 . Cash •Cash burn* of £1.3 million increased by £0.3 million vs PY •Debt free •£11.6 million in cash^ at 30 June 2022 * Excluding funds from share issues and transfers into short-term deposits ^ Includes short-term deposits
Slide 14: Conclusion
14 . Conclusion •Record order book •Tech licensing deal nears delivery •In-house expertise hired for growth •Self-service product in development
Slide 15: Appendix
Appendix ~ VW SS
Slide 16: Selected Customers
16 . Selected Customers Infrastructur OE e M
Slide 17: Appendix: Key financials
17 . Appendix: Key financials