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Saturday 7 November 2026
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Smartbird, Inc.
BIRD Technology Software Infrastructure
Smartbird, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $152.5 million, down 19.7% from fiscal 2024.
- Revenue
- −93.1%
- EPS
- +6.77%
- Free cash flow
- −46.6%
- Total debt
- +63.7%
Quarter to June 2026, against a year earlier
1.30
0.00
0.00%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | 194 | 219 | 277 | 298 | 254 | 190 | 152 | 106 | (3.9%) | 0 | 0 | — | (99.2%) | |
| Gross margin, % | — | — | — | 51.03 | 51.41 | 52.86 | 43.53 | 41.03 | 42.72 | 41.03 | 0.00 | (10.0) pt | ||||||
| EBT | — | — | — | (11) | (30) | (45) | (100) | (152) | (91) | (77) | (83) | +38.6% | ||||||
| EBT margin, % | — | — | — | (5.60) | (13.67) | (16.06) | (33.63) | (59.88) | (48.19) | (50.43) | (78.94) | (44.8) pt | ||||||
| Net income | — | 0 | — | (15) | (26) | (45) | (101) | (152) | (93) | (77) | (77) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | 75.26 | 82.74 | 80.07 | 40.03 | 33.50 | 24.13 | 18.69 | 11.54 | (20.7%) | |||||
| Earnings | — | — | — | (5.64) | (9.76) | (13.00) | (13.60) | (20.20) | (11.87) | (9.47) | (8.99) | +9.0% | ||||||
| Cash flow | — | — | — | 0.02 | (13.05) | (14.67) | (12.18) | (3.98) | (8.12) | (6.75) | (4.55) | n/m | ||||||
| Capex | — | — | — | (5.10) | (5.41) | (6.98) | (4.22) | (1.43) | (0.52) | (0.39) | (0.49) | (35.0%) | ||||||
| Free cash flow | — | — | — | (5.08) | (18.46) | (21.65) | (16.40) | (5.42) | (8.64) | (7.14) | (5.04) | +5.8% | ||||||
| Book value | — | — | — | 0.00 | (9.62) | 114.56 | 42.59 | 24.44 | 12.93 | 4.40 | 2.46 | n/m | ||||||
| Shares, m | — | — | — | 3 | 3 | 3 | 7 | 8 | 8 | 8 | 9 | +21.2% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | 6.19 | 6.19 | 3.77 | 1.12 | 0.78 | 0.29 | 0.22 | 0.11 | 2.6 | ||||||
| P/B | — | — | — | 0.00 | 0.00 | 2.63 | 1.05 | 1.06 | 0.54 | 0.93 | 0.53 | 0.9 | ||||||
| EV/Sales | — | — | — | 6.72 | 6.72 | 3.46 | 0.88 | 0.63 | 0.42 | 0.16 | (0.17) | 2.7 | ||||||
| EV/FCF | — | — | — | (28.84) | (28.84) | (12.80) | (2.15) | (3.88) | (1.18) | (0.41) | 0.38 | (11.2) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | 0 | (35) | (51) | (91) | (30) | (64) | (55) | (42) | n/m | |||||
| Capex | — | — | — | (13) | (14) | (24) | (31) | (11) | (4) | (3) | (5) | (21.2%) | ||||||
| Free cash flow | — | — | — | (13) | (49) | (75) | (122) | (41) | (68) | (58) | (46) | +28.3% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | 83 | 160 | 363 | 259 | 164 | 86 | 41 | 30 | (10.9%) | |||||
| Net debt | — | — | — | 27 | 77 | (289) | (72) | (130) | (67) | (9) | (30) | n/m | ||||||
| Shareholders’ equity | — | — | — | — | (26) | 397 | 317 | 185 | 102 | 36 | 23 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | 0.00 | (21.19) | (12.39) | (21.32) | (39.34) | (37.21) | (51.82) | (84.18) | (51.8) pt | |||||
| ROIC | — | — | — | (20.64) | (35.13) | (18.95) | (25.56) | (172.93) | (174.44) | (187.92) | 0.00 | (167.3) pt | ||||||
| ROE | — | — | — | 83.91 | 149.37 | (24.43) | (28.40) | (60.73) | (65.03) | (112.33) | (164.03) | (196.2) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | 710 | 1,000 | 927 | 542 | 362 | — | (15.5%) | |||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.39 | 0.30 | 0.27 | 0.35 | 0.42 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Smartbird, Inc. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| AIFC AI Financial Corporation | $22.5M | — (loss-making) | — (loss-making) | −62.15% (below 0%: shrinking) | n/m | −16.14% (below 0%: shrinking) | 97.56% | (29.33%) | Compare |
| DRK Sphere 3D Corp. | $16.6M | — (loss-making) | — (loss-making) | +15.55% (above 0%: growing) | n/m | +46.49% (above 0%: growing) | 0.00% | (191.03%) | Compare |
| BIRD Smartbird, Inc. | $15.4M | — (loss-making) | — (loss-making) | −93.05% (below 0%: shrinking) | n/m | −46.59% (below 0%: shrinking) | 0.00% | (387.78%) | |
| INTZ Intrusion Inc. | $15.2M | — (loss-making) | — (loss-making) | −22.42% (below 0%: shrinking) | n/m | −83.07% (below 0%: shrinking) | 66.41% | (171.58%) | Compare |
| TGHL The GrowHub Limited | $11.9M | — | — | — | — | — | — | — | Compare |
| AZIO Azio AI Holdings, Inc. | $11.5M | — (loss-making) | — | +154.34% (above 0%: growing) | n/m | −634.34% (below 0%: shrinking) | 2.68% | (215.45%) | Compare |
| LHSW Lianhe Sowell International Group Ltd | $11.4M | — | — | — | — | −514.28% (below 0%: shrinking) | — | — | Compare |
| CHOW ChowChow Cloud International Holdings Limited | $11.1M | — | — | — | — | — | — | — | Compare |
| HPAI Helport AI Limited | $10.6M | 1.2× | — | — | −57.14% (below 0%: shrinking) | −131.67% (below 0%: shrinking) | — | — | Compare |
| Median of peers | $11.7M | — | — | −3.44% | — | −107.37% | 34.55% | (181.30%) |