Last checked at 13 Nov 2023 07:00
13 November 2023
Brave Bison Group plc
("Brave Bison" or the "Company", together with its subsidiaries "the Group")
Contract Wins
Investor Presentation
Brave Bison, the digital advertising and technology services company, is pleased to confirm c.£4m in new contract wins and renewals:
· Brave Bison Performance has renewed terms with a national electricals retailer for a further 24 months, expected to be worth c.£2m over the duration of the contract
· Brave Bison Commerce has signed a contract with a Finnish homeware retailer, expected to be worth c.£1m across FY23 and FY24
· Brave Bison Commerce has signed a contract with a Dutch car parts retailer, expected to be worth c.£1m across FY23 and FY24
The successful onboarding of two new customers and a 24-month extension with an existing customer provide the Board with further certainty that Brave Bison will meet current-year market expectations of £3.1 million Adjusted Profit Before Tax, and of delivering on market expectations for growth into FY24.
Oliver Green, Chairman, commented:
"Trading conditions have improved noticeably since the lull in Q2, and we are pleased to see Brave Bison's differentiated proposition attracting the right kind of customer. All the contracts announced today are enterprise accounts with each customer generating revenues of between $1bn and $10bn+, and we expect further growth in this area into FY24"
Investor Presentation
Brave Bison will be presenting at the MelloLondon investor conference on Wednesday 29 November 2023, to be held at the Clayton Hotel Chiswick, Chiswick High Road, London, W4 5RY. For information and tickets please visit the event website: https://melloevents.com/mltickets/.
Brave Bison Group plc
Oliver Green, Chairman via Cavendish
Theo Green, Chief Growth Officer
Philippa Norridge, Chief Financial Officer
Cavendish Capital Markets Limited +44 (0)20 7397 8900
Nominated Adviser & Broker
Ben Jeynes / Dan Hodkinson - Corporate Finance
Michael Johnson / Tim Redfern - Sales & ECM
About Brave Bison
Brave Bison (AIM: BBSN) is a digital advertising and technology services company, headquartered in London with a globally distributed workforce in over ten countries. The Company provides services to global brand advertisers through four business units.
Brave Bison Performance is a paid and organic media practice. It plans and buys digital media on platforms like Google, Meta, TikTok, Amazon and YouTube, as well as providing search engine optimisation and digital PR services. Customers include New Balance, Curry's and Asus.
SocialChain by Brave Bison is a social media advertising practice. It creates content for social media platforms, and works with influencers to create and distribute content. This creative approach ensures that content more native to the platform it is on, leading to higher engagements from its audience. Customers include KFC, TikTok and General Mills.
Brave Bison Commerce is a digital commerce practice. It creates, improves and maintains transactional websites and manages the customer experience in a digital environment. This practice builds ecommerce systems in a composable way - whereby different functions of a website are provided by different software from different vendors. Customers include MKM Building Supplies, Muller and Furniture Village.
Brave Bison Media Network is a portfolio of channels across YouTube, Facebook, Snapchat, TikTok and Instagram. These channels generate over 1 billion monthly views, and the advertising inventory from each channel is sold through online advertising exchanges. Popular channels include The Hook, PGA Tour, US Open and Link Up TV.