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89.50 -2.00 (-2.19%)

Bid:

87.00

Ask:

92.00

Spread: 5.00 (5.747%)

Market Cap: £104.11m

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Brave Bison reports strong first half trading

Wed, 07th Jul 2021 14:51

(Sharecast News) - Social media and marketing company Brave Bison said on Wednesday that trading in the first half had continued strongly.
The AIM-traded firm said it now expected to exceed current market expectations for the full year.

Revenue for the first half was expected to be at least £7.3m, up from £5.5m a year earlier, with first half adjusted EBITDA expected to top £0.5m, swinging from a £0.4m loss in the first half of 2020.

Net cash increased by £0.2m to £2.9m at period end on 30 June, from £2.7m at the end of December.

"[Brave Bison] will publish its interim results for the six-month period to 30 June on or before 16 August," the board said in its statement.

At 1429 BST, shares in Brave Bison Group were up 8.81% at 1.74p.