Brave Bison Group PLC Trading Update and Notice of Interim Results (3675E)
07 July 2021 - 4:00PM
UK Regulatory
TIDMBBSN
RNS Number : 3675E
Brave Bison Group PLC
07 July 2021
7 July 2021
Brave Bison Group plc
("Brave Bison", the "Company" and together with its subsidiaries
the "Group")
Trading Update and Notice of Interim Results
Brave Bison, the social media and marketing group, announces
that it will publish its interim results for the six-month period
to 30 June 2021 on or before Monday 16 August 2021.
The Board is pleased to report that trading in the first half of
the year has continued to be strong and the Board now expects the
Company to exceed current market expectations for the full year.
Revenue for H1 2021 is expected to be not less than GBP7.3m (H1
2020: GBP5.5m) and H1 2021 Adjusted EBITDA* is expected to be not
less than GBP0.5m (H1 2020: GBP0.4m loss). Net cash increased by
GBP0.2m to GBP2.9m at 30 June 2021 (30 December 2020: GBP2.7m).
*Adjusted EBITDA is a non-IFRS measure that the Group uses to
measure its performance and is defined as earnings before interest,
taxation, depreciation and amortisation and after add back of costs
related to restructuring, acquisitions and share based
payments.
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the UK version
of the EU Market Abuse Regulation (2014/596) which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018, as
amended and supplemented from time to time
For further information please contact:
Brave Bison Group plc
Oliver Green, Executive Chairman via Cenkos
Cenkos Securities plc Tel: +44 (0)20 7397 8900
Nominated Adviser & Broker
Ben Jeynes
Nicholas Wells
About Brave Bison
Brave Bison is a new-era media and marketing group that
specialises in social media. Brave Bison combines a leading social
marketing agency and content studio with a media network of over
650 channels and 158m followers. Recent advertising partners
include Panasonic, Vodafone, Uniqlo and BBC. The company is
headquartered in London with additional offices in Singapore.
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END
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