Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Brave Bison says revenues for the year are ahead of expectations

"The group continues to move up the value chain, with an increased focus on production and branded content deals, resulting in higher-margin revenues,” the firm said in its trading update
person looking at an ipad
The company is a digital media specialist that helps brands, content creators and publishers build and engage audiences

Investors in Brave Bison Group plc (LON:BBSN), the digital media and social video specialist, will be heartened by the news its net revenues for the year will come in ahead of forecast at around £9.1mln.

“The group continues to move up the value chain, with an increased focus on production and branded content deals, resulting in higher-margin revenues,” it said in its trading update.

READ: Brave Bison extends relationship with the English Football League

This process has taken a little longer than anticipated, Brave Bison conceded, meaning it will take “somewhat longer” to achieve profitability.

Even so, losses will narrow substantially from the £1.8mln deficit posted in 2016 to around £900,000 for the year just closing (at the EBITDA level).

The 2017 figure that takes into account a £400,000 hit from adverse currency movements, but excludes exceptional items.

More importantly, with around £4.1mln in cash, Brave Bison is funded to reach profitability.

Three prongs to the business 

Brave Bison is a digital media specialist that helps brands, content creators and publishers build and engage audiences through the use of media. It has three divisions: Brave Studio; Brave Brand; and Brave Talent.

Brave Studio is the company’s in-house studio that creates original content solutions to help “redefine how people feel about brands”.

Brave Brand has created social media campaigns for a range of companies including Coca Cola and Turkish Airlines.

Brave Talent is a management agency that represents “some of the biggest social influencers in the world”, and matches brands with personalities to generate the most amount of traction.

Among those on its books is Jérôme Jarre, of YouTube fame.

View full BBSN profile View Profile

Brave Bison Timeline

Related Articles

Lucky Wingabar gaming app
May 09 2017
The Myanmar-language social media platform saw daily revenues increase by almost 30% at the start of this month compared to April
Pokemon figures
September 19 2017
With the shares having tripled this year, the mobile payments specialist is no longer flying below the radar; basically, investors know when they've been Bangoed ...
1504015163_Mirada.png
August 29 2017
“We are not expecting to stop here,” he told Proactive Investors. “The order pipeline is looking great. When I say great, I mean great.”

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use