Blackbird PLC 2017 AR2
The report outlines the financial and strategic performance of Forbidden Technologies plc Group for the fiscal year ended December 31, 2017. During the year, the company experienced leadership transitions, appointing Ian McDonough as the new CEO and Rachel Darcy as Sales Director. Strategically, the group focused on driving recurring infrastructure sales and transitioned its web applications to JavaScript, alongside launching the Blackbird 9 video codec. Financially, the group recorded a 2% decline in revenue to £758,835 and an EBITDA loss of £1,844,436, while remaining debt-free with cash reserves of £1,752,349.
Company: Blackbird PLC
Sector: Media & publishing
Country: United Kingdom
Year: 2017
Type: AR2
Pages: 43
Blackbird PLC
The report outlines the financial and strategic performance of Forbidden Technologies plc Group for the fiscal year ended December 31, 2017. During the year, the company experienced leadership transitions, appointing Ian McDonough as the new CEO and Rachel Darcy as Sales Director. Strategically, the group focused on driving recurring infrastructure sales and transitioned its web applications to JavaScript, alongside launching the Blackbird 9 video codec. Financially, the group recorded a 2% decline in revenue to £758,835 and an EBITDA loss of £1,844,436, while remaining debt-free with cash reserves of £1,752,349.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees