Blackbird has delivered a strong set of first half results, hot on the heels of a landmark deal post period, its first ‘Powered by Blackbird’ licencing contract. H121 revenue grew by 21% to a record £867k, despite the adverse dollar impact. The gross margin was maintained at 90.4% and cash burn only marginally increased (by £97k), despite investment in sales and R&D, leaving net cash at £5.7m. Management reiterated they are well funded to break even. Numerous new partnership deals have been anno ....
