BBRDF (Blackbird) Scaled Net Operating Assets: 0.62 (As of Dec. 2025)


What is Blackbird Scaled Net Operating Assets?

Blackbird BBRDF Scaled Net Operating Assets is 0.62 as of Dec. 2025. The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Blackbird's operating assets for the quarter that ended in Dec. 2025 was $6.70 Mil. Blackbird's operating liabilities for the quarter that ended in Dec. 2025 was $1.05 Mil. Blackbird's Total Assets for the quarter that ended in Jun. 2025 was $9.08 Mil. Therefore, Blackbird's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.62.

Blackbird Scaled Net Operating Assets Historical Data

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The historical data trend for Blackbird's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Blackbird Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.08 0.20 0.38 0.53

Blackbird Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets 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 0.22 0.28 0.41 0.48 0.62

BBRDF vs CRM, SHOP, UBER: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Blackbird's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Blackbird's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Blackbird's Scaled Net Operating Assets falls into.


Blackbird Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Blackbird's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(6.696-1.05)/10.673
=0.53

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10.332 - 3.636
=6.696

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.05 - 0 - 0
=1.05

Blackbird's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(6.696-1.05)/9.075
=0.62

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10.332 - 3.636
=6.696

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.05 - 0 - 0
=1.05

* 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.

What does a Scaled Net Operating Assets of 0.62 mean?
Blackbird (BBRDF) has a Scaled Net Operating Assets of 0.62 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Blackbird and its competitors.
Is Blackbird's Scaled Net Operating Assets too high?
Blackbird's current Scaled Net Operating Assets is 0.62.
How does Blackbird's Scaled Net Operating Assets compare to CRM and SHOP?
Blackbird's Scaled Net Operating Assets of 0.62 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Software company?
A good Scaled Net Operating Assets depends on the Software industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Blackbird and its competitors. Blackbird's current Scaled Net Operating Assets is 0.62. 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 Scaled Net Operating Assets is 0.62. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Blackbird (BBRDF), the current Scaled Net Operating Assets is 0.62 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.