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Couldn't agree more.... The person that gave me the heads up on this is in at 7p too...
A very interesting end of day spike all the same.... GLA
You would like to think that over the coming days they will crank up the social media / marketing machine on this... Even LinkedIn has no real coverage that I have seen....
If or when Snoop Dog tweets OCTP, there are many people who will buy purely because its him.... And he has skin in the game, so go Snoop....
And Halifax - It is currently being 'assessed'.....
to see where this goes after the first hour or of trading. Wasn't expecting such a large drop before 9am....
Financial Highlights
路 2020 Adjusted EBITDA* profit of 拢0.1 million, compared to 拢0.4 million loss in 2019
路 H2 2020 Adjusted EBITDA* profit of 拢0.5 million, compared to 拢0.7 million loss in H2 2019, the result of a successful restructuring and repositioning
路 2020 Revenue of 拢14.5 million, compared to 拢16.8 million in 2019
路 2020 Gross profit of 拢4.0 million, compared to 拢5.2 million in 2019
路 H2 2020 Gross profit of 拢2.1 million, an increase of 19% compared to 拢1.8 million in 2019
路 2020 Revenue generated from advertising was 拢13.1 million, compared to 拢12.4 million in 2019, an increase of 6% despite COVID-related disruption
路 Net cash balance of 拢2.7 million at 31 December 2020
路 Positive cashflow of 拢0.6 million in H2 2020
Operational Highlights
路 Appointment of new management team and Board during the period following the appointment of Oliver Green as Executive Chairman, Philippa Norridge as Chief Financial Officer, Theo Green as Director of Growth and Matthew Law as Non-Executive Director
路 The Group has been repositioned around 3 core pillars: a social marketing agency, a network of YouTube channels, and a portfolio of social first media brands
路 Rationalisation completed to align with refined Group proposition and reduce cost base, with monthly staff costs (before bonuses and restructuring costs) reduced by 50% from the start of 2020
路 Acquisition and successful integration of certain assets of The Hook Group Limited ("The Hook"), one of the largest youth-focused media groups with over 14 million followers across social media including almost 1 million followers on TikTok
路 New client wins including Panasonic, Vodafone, BBC, Pernod Ricard, IMV Box and World Dodgeball Federation. Multi-year contract extensions with PGA Tour, Link Up TV and Alofoke Radio
路 Successful revenue diversification across social platforms with content now distributed across Snapchat, TikTok, Facebook, Instagram and YouTube
Current Trading and Outlook
The Board is pleased to report that, following the restructuring carried out in 2020, the Group has been profitable on an adjusted EBITDA* basis for the last 7 months. Trading in the first quarter of FY21 has been strong. This is encouraging given that, historically, the first quarter has been the most challenging period in the year due to the reduction in advertising revenues after the busy Christmas period. Looking to the year ahead, the Board is optimistic about the prospects for the Group and is confident in the delivery of performance in line with current market expectations.
Availability of Annual Report
The Company's Annual Report and Accounts for the financial year ended 31 December 2020 will be available shortly from Brave Bison's website at https://bravebison.io/.
Commenting on the results, Oliver Green, Executive Chairman of Brave Bison Group plc, said:
"Brave Bison ended 2020 in a stronger position than it started. With a r
Worth some time > Investors can sign up to Investor Meet Company for free and add to meet Brave Bison Group plc via:
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Interesting move to get G.Stein on board... Many people in or from the industry will probably know of him. Would be great to know exactly what he has been tasked with in the first 6 months? In addition to these changes, the Company is also pleased to announce that Gordon Stein has been appointed to the Board as an independent Non-Executive Director. Gordon has over 26 years of international experience in the oil and gas sector and has a significant track record of working with AIM quoted natural resources businesses. Among other current appointments, Gordon is Chief Financial Officer of AIM-quoted Columbus Energy Resources PLC, and he previously served as CFO of AIM-quoted Madagascar Oil Ltd, Cadogan Petroleum plc and Regal Petroleum PLC. Gordon is a member of the Chartered Institute of Public Finance & Accountancy, and his considerable financial and capital markets experience will assist the Company on a number of fronts.
Small but interesting read regarding Fulcrum and House builders.... http://www.proactiveinvestors.co.uk/companies/news/110020/housebuilders-hail-higher-profits-but-trouble-may-lie-ahead-110020.html
Very positive RNS as we thought it would be.... And a good start on dividends! https://www.share.com/find-investments/advanced-finder/company-overview/fulcrum-utility-services/news/14494/?pass=1&story_id=22865144&rns=1 Going to be an interesting morning on this share, seeing what the market makes of the news...
Hi, The restricted trading is indeed now in place (internal to FCRM) until the 2nd June, when their official report will be released - This is the day that 'could' be big for this share... The management team are obviously keeping cards close to their chest, but one of the directors confirmed in person he is "very optimistic" about the due results... With the McNicholas / TUPE transfer, they really do have a good set up now and seem to have a clear direction they are heading in turnover / profit wise... I will try and find out how the TUPE staff are getting on, and what the internal feelings are for the future.....
Hi All... I have been led to believe from one of the Directors that during April there will be restricted buying, due to all the internal changes and hopefully positive news when there McNicholas partnership goes live on 1st April... Good things ahead...