Brave Bison Group PLC Contract Wins & Investor Presentation (1399T)
November 13 2023 - 2:00AM
UK Regulatory
TIDMBBSN
RNS Number : 1399T
Brave Bison Group PLC
13 November 2023
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.GBP4m 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.GBP2m over the duration of the contract
-- Brave Bison Commerce has signed a contract with a Finnish
homeware retailer, expected to be worth c.GBP1m across FY23 and
FY24
-- Brave Bison Commerce has signed a contract with a Dutch car
parts retailer, expected to be worth c.GBP1m 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 GBP3.1 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.
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END
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