BBRDF (Blackbird) Return-on-Tangible-Equity: -94.31% (As of Dec. 2025)


What is Blackbird Return-on-Tangible-Equity?

Blackbird BBRDF Return-on-Tangible-Equity is -94.31% as of Dec. 2025. The stock has 4 warning signs investors should review. Among 2,470 Software companies, Blackbird ranks worse than 91.34% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Blackbird's annualized net income for the quarter that ended in Dec. 2025 was $-2.81 Mil. Blackbird's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $2.98 Mil. Therefore, Blackbird's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -94.31%.

The historical rank and industry rank for Blackbird's Return-on-Tangible-Equity or its related term are showing as below:

BBRDF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -96.24   Med: -40.5   Max: -17.69
Current: -96.24

During the past 13 years, Blackbird's highest Return-on-Tangible-Equity was -17.69%. The lowest was -96.24%. And the median was -40.50%.

BBRDF's Return-on-Tangible-Equity is ranked worse than
91.34% of 2470 companies
in the Software industry
Industry Median: 8.77 vs BBRDF: -96.24

Blackbird  (OTCPK:BBRDF) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Blackbird Return-on-Tangible-Equity Related Terms


Blackbird Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Blackbird's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Blackbird Return-on-Tangible-Equity Chart

Blackbird Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.93 -16.85 -31.55 -47.08 -86.22

Blackbird Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -25.18 -54.13 -35.94 -117.05 -94.31

BBRDF vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison

For the Software - Application subindustry, Blackbird's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackbird Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, Blackbird's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Blackbird's Return-on-Tangible-Equity falls into.



Blackbird Return-on-Tangible-Equity Calculation

Blackbird's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-3.494/( (4.694+3.411 )/ 2 )
=-3.494/4.0525
=-86.22 %

Blackbird's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-2.808/( (2.544+3.411)/ 2 )
=-2.808/2.9775
=-94.31 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -94.31% mean?
Blackbird (BBRDF) has a Return-on-Tangible-Equity of -94.31% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Blackbird and its competitors. According to the industry distribution chart, Blackbird ranks #2256 out of 2470 companies in the Software industry, placing it in the top 91.3%.
Is Blackbird's Return-on-Tangible-Equity too high?
Blackbird's current Return-on-Tangible-Equity is -94.31%. Based on the distribution chart, Blackbird ranks #2256 out of 2470 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Blackbird's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Blackbird ranks #2256 out of 2470 companies for Return-on-Tangible-Equity. This places Blackbird in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.77. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.77, based on 2,470 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Blackbird and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackbird's current Return-on-Tangible-Equity is -94.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackbird stock overvalued right now?
Based on GuruFocus' analysis, Blackbird (BBRDF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.04, compared to a current price of $0.02 — trading 40.5% below its estimated fair value. The current Return-on-Tangible-Equity is -94.31%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Blackbird (BBRDF), the current Return-on-Tangible-Equity is -94.31% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Blackbird Business Description

Other Exchanges BIRD:UKFBD:Germany
Address 15-19 Bloomsbury Way, LABS House, London, GBR, WC1A 2TH
Blackbird PLC operates in the SaaS and cloud video market. It professional cloud video editing and publishing platform. Enabling remote editing, Blackbird provides rapid access to video content for the easy creation of clips, highlights, and longer form content to multiple devices and platforms.The group generates revenue in respect of the sale of Cloud-based professional video editing software. The product is sold using a software licensing and delivery model in which the software is licensed on a subscription basis. The company manages business as a single business segment. Geographically, the company operates in the UK, North America, Europe, and Rest of World, with the maximum or revenue from North America.