Announcement • May 18
Brave Bison Group plc, Annual General Meeting, Jun 17, 2026 Brave Bison Group plc, Annual General Meeting, Jun 17, 2026. Location: gridiron building, 1 pancras square, kings cross, n1c 4ag, United Kingdom Reported Earnings • May 05
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: UK£0.019 (down from UK£0.035 in FY 2024). Revenue: UK£54.3m (up 66% from FY 2024). Net income: UK£1.51m (down 33% from FY 2024). Profit margin: 2.8% (down from 6.9% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 73%. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • May 03
Brave Bison Group plc Announces Earnings Guidance for First Quarter and Full Year 2026 Brave Bison Group plc announced earnings guidance for first quarter and full year 2026. For First quarter, Net revenue is expected to increase 58% year-on-year, an encouraging performance despite the conflict in the Middle East causing some clients to review spending.
For 2026, the Board expects net revenue to exceed current consensus expectations for 2026. Declared Dividend • May 02
Dividend of UK£0.0044 announced Shareholders will receive a dividend of UK£0.0044. Ex-date: 28th May 2026 Payment date: 26th June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.6%. Announcement • Apr 23
Brave Bison Group plc to Report Fiscal Year 2025 Results on Apr 30, 2026 Brave Bison Group plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Apr 30, 2026 New Risk • Mar 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Profit margins are more than 30% lower than last year (3.4% net profit margin). New Risk • Mar 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£74.8m (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (UK£74.8m market cap, or US$99.4m). Announcement • Jan 13
Brave Bison Group plc Provides Earnings Guidance for the Fiscal Year 2026 Brave Bison Group plc provided earnings guidance for the fiscal year 2026. The Board is comfortable with fiscal year 2026 consensus expectations of £45 million of net revenue. New Risk • Dec 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£74.4m (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (UK£74.4m market cap, or US$99.3m). New Risk • Sep 25
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 48% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (48% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Profit margins are more than 30% lower than last year (3.4% net profit margin). Reported Earnings • Sep 15
First half 2025 earnings released: EPS: UK£0.002 (vs UK£0.019 in 1H 2024) First half 2025 results: EPS: UK£0.002 (down from UK£0.019 in 1H 2024). Revenue: UK£17.8m (up 14% from 1H 2024). Net income: UK£147.0k (down 88% from 1H 2024). Profit margin: 0.8% (down from 7.8% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Sep 12
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.4% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (UK£49.0m market cap, or US$66.4m). Announcement • Sep 12
Brave Bison Group plc (AIM:BBSN) acquired Mtm London Limited for £12.1 million. Brave Bison Group plc (AIM:BBSN) acquired Mtm London Limited for £12.1 million on September 11, 2025. MTM shareholders will receive initial cash consideration of £5 million and initial share consideration of £1 million satisfied through the issue of 1,600,000 new ordinary shares. The initial cash consideration is subject to customary working capital adjustments. Deferred share consideration of £2 million will be payable on the third anniversary of completion, satisfied through the issue of 3,200,000 new ordinary shares, subject to continuing employment of the sellers and certain good/bad leaver provisions. In addition, the sellers are eligible for annual contingent consideration payments over the next 5 years equal to a fixed percentage of annual EBITDA above a hurdle. The hurdle is set at £0.8 million in the first year, ratcheting upwards each year thereafter. The maximum annual payment is £0.8 million, and the maximum total payable is £4.0 million over 5 years. The acquisition will be funded through the Company's revolving credit facility and existing cash resources.
For the period ending December 31, 2024, Mtm London Limited reported total revenue of £8.3 million and EBITDA of £1.3 million.
Ben Jeynes, Teddy Whiley, Michael Johnson, Sunila de Silva of Cavendish Capital Markets Limited acted as financial advisors to Brave Bison Group plc.
Brave Bison Group plc (AIM:BBSN) completed the acquisition of Mtm London Limited on September 11, 2025. Announcement • Sep 09
Brave Bison Group plc to Report First Half, 2025 Results on Sep 11, 2025 Brave Bison Group plc announced that they will report first half, 2025 results on Sep 11, 2025 Buy Or Sell Opportunity • Sep 01
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 17% to UK£0.61. The fair value is estimated to be UK£0.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 11% in a year. Earnings are forecast to decline by 29% in the next year. New Risk • Aug 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (UK£41.7m market cap, or US$56.3m). Announcement • Jul 18
Brave Bison Group plc completed the acquisition of The Mini Training Company Limited from Centaur Media Plc. Brave Bison Group plc entered into a conditional binding agreement to acquire The Mini Training Company Limited from Centaur Media Plc for an enterprise value of £19 million on June 25, 2025. Brave Bison intends to fund the Transaction via a new revolving credit facility of £10 million of which £6m will be drawn from the facility; and a placing of new ordinary Brave Bison shares to existing and new investors raising £13.5 million. Brave Bison will partly finance the cash consideration for the Acquisition through a placing and direct subscription of 27,615,467 new Ordinary Shares at a price of 49 pence per Ordinary Share (on a post-Share Consolidation basis) (the "Issue Price") to raise gross proceeds of approximately £13.5 million. Completion of the Transaction is conditional, inter alia, on (i) approval by Brave Bison's shareholders of the resolutions required to implement the placing of new Brave Bison ordinary shares; and (ii) the placing agreement to part fund the acquisition not having been terminated and becoming otherwise unconditional. Completion of the Transaction is expected to occur during July 2025. Following Completion, it is the Board's intention to use the net proceeds from the Transaction to return capital to shareholders and will consult with shareholders before deciding how the proceeds will be returned.
As of June 24, 2025, Brave Bison Group board approved the deal. As of July 14, 2025, Brave Bison Group shareholders approved the deal.
Cavendish Capital Markets Limited acted as financial advisor for Brave Bison Group plc (AIM:BBSN).
Brave Bison Group plc completed the acquisition of The Mini Training Company Limited from Centaur Media Plc on July 18, 2025. New Risk • Jul 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£2.10m (US$2.83m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Major Estimate Revision • Jun 26
Consensus revenue estimates increase by 43% The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from UK£25.5m to UK£36.5m. EPS estimate reaffirmed at UK£0.0011. Net income forecast to shrink 29% next year vs 14% growth forecast for Interactive Media and Services industry in the United Kingdom . Consensus price target up from UK£0.047 to UK£0.06. Share price rose 4.7% to UK£0.031 over the past week. Buy Or Sell Opportunity • Jun 25
Now 24% undervalued Over the last 90 days, the stock has risen 21% to UK£0.03. The fair value is estimated to be UK£0.039, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 11% in a year. Earnings are forecast to decline by 29% in the next year. Announcement • Jun 25
Brave Bison Group plc enetered into an agreement to acquire The Mini Training Company Limited from Centaur Media Plc for £19 million. Brave Bison Group plc enetered into an agreement to acquire The Mini Training Company Limited from Centaur Media Plc for £19 million on June 25, 2025. Brave Bison intends to fund the Transaction via a new revolving credit facility of £10 million of which £6m will be drawn from the facility; and a placing of new ordinary Brave Bison shares to existing and new investors raising £13.5 million. Completion of the Transaction is conditional, inter alia, on (i) approval by Brave Bison's shareholders of the resolutions required to implement the placing of new Brave Bison ordinary shares; and (ii) the placing agreement to part fund the acquisition not having been terminated and becoming otherwise unconditional. Completion of the Transaction is expected to occur during July 2025. Following Completion, it is the Board's intention to use the net proceeds from the Transaction to return capital to shareholders and will consult with shareholders before deciding how the proceeds will be returned. Announcement • Jun 07
Brave Bison Group plc, Annual General Meeting, Jun 27, 2025 Brave Bison Group plc, Annual General Meeting, Jun 27, 2025. Location: gridiron building, 1 pancras square, kings cross, n1c 4ag, United Kingdom Buy Or Sell Opportunity • Jun 04
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 5.9% to UK£0.027. The fair value is estimated to be UK£0.022, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to decline by 22% in a year. Earnings are forecast to decline by 29% in the next year. Reported Earnings • Apr 11
Full year 2024 earnings released: EPS: UK£0.002 (vs UK£0.003 in FY 2023) Full year 2024 results: EPS: UK£0.002 (down from UK£0.003 in FY 2023). Revenue: UK£32.8m (down 8.1% from FY 2023). Net income: UK£2.26m (down 33% from FY 2023). Profit margin: 6.9% (down from 9.5% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Apr 10
Brave Bison Group plc Declares Final Dividend for the Year Ended 31 December 2024, Payable on 27 June 2025 The Directors of Brave Bison Group plc are declaring a final dividend for the year ended 31 December 2024 of £0.3 million (FY23: £nil), equivalent to 0.02 pence per share. Subject to ratification at the Company's AGM, the dividend will be paid on 27 June 2025 to shareholders listed on the register of members on 30 May 2025. The shares will be marked ex-dividend on 29 May 2025. Buy Or Sell Opportunity • Apr 07
Now 23% undervalued Over the last 90 days, the stock has risen 8.4% to UK£0.022. The fair value is estimated to be UK£0.029, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 37% in a year. Earnings are forecast to decline by 53% in the next year. New Risk • Mar 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 46% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (UK£31.6m market cap, or US$41.0m). Announcement • Mar 27
Brave Bison Group plc (AIM:BBSN) entered into a binding agreement to acquire Builtvisible Ltd for £3.5 million. Brave Bison Group plc (AIM:BBSN) entered into a binding agreement to acquire Builtvisible Ltd for £3.5 million on March 27, 2025.The total cash consideration for the Acquisition is up to £3.0 million, with initial consideration of £1.5 million payable on completion, deferred consideration of £1.0 million payable in tranches over 18 months from completion and contingent consideration of £0.5 million payable subject to performance conditions. In addition, members of Builtvisible leadership have been granted restricted equity consideration in the form of nil-paid options to acquire 20.8 million new ordinary shares in the Company. The Equity Awards will vest on the third anniversary of completion of the Acquisition in 2028, subject to achievement of performance conditions and continued employment with the Group.
For the period ending December 31, 2024, Builtvisible Ltd reported total revenue of £4.1 million and EBITDA of £0.3 million and unaudited net assets of -£0.5 million.
Ben Jeynes of Cavendish Capital Markets Limited acted as financial advisor to Brave Bison Group plc. Announcement • Mar 17
Brave Bison Group plc to Report Fiscal Year 2024 Results on Apr 10, 2025 Brave Bison Group plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on Apr 10, 2025 Announcement • Dec 10
Brave Bison Group plc (AIM:BBSN) entered into an agreement to acquire Engage Digital Partners Limited for €10.6 million. Brave Bison Group plc (AIM:BBSN) entered into an agreement to acquire Engage Digital Partners Limited for €10.6 million on December 9, 2024. The aggregate consideration for the acquisition totals up to £10.6 million, comprising an initial enterprise value of £2.1 million, equity consideration of £2.0 million and contingent consideration of up to £6.5 million over three years subject to performance conditions. As part of the deal, Engage will combine with the Brave Bison Media Network of sports and entertainment channels. It will be led by Engage’s existing CEO Gregg Oldfield, alongside Chief Business Officer Casey Harwood in partnership with Brave Bison’s VP of Video and Audience Development Adam Raw and Head of Sport Martin Ruffell. In Australia, the division will continue to be led by Executive General Manager Emma Kinlon, and in India by Managing Director Umang Uthappa. The acquisition, which is expected to complete in early January 2025, will be funded by Brave Bison's cash resources.
Cavendish Capital Markets Limited acted as financial advisor for Brave Bison Group plc. Reported Earnings • Sep 15
First half 2024 earnings released: EPS: UK£0.001 (vs UK£0 in 1H 2023) First half 2024 results: EPS: UK£0.001 (up from UK£0 in 1H 2023). Revenue: UK£15.6m (down 7.8% from 1H 2023). Net income: UK£1.22m (up UK£1.45m from 1H 2023). Profit margin: 7.8% (up from net loss in 1H 2023). The move to profitability was driven by lower expenses. Revenue is expected to decline by 28% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in the United Kingdom are expected to grow by 8.2%. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. New Risk • Sep 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 12% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 12% per year for the foreseeable future. High level of non-cash earnings (22% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (UK£32.9m market cap, or US$43.1m). Announcement • Sep 03
Brave Bison Group plc to Report First Half, 2024 Results on Sep 09, 2024 Brave Bison Group plc announced that they will report first half, 2024 results on Sep 09, 2024 New Risk • Jul 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (UK£31.6m market cap, or US$40.7m). Buy Or Sell Opportunity • May 31
Now 22% overvalued Over the last 90 days, the stock has fallen 11% to UK£0.024. The fair value is estimated to be UK£0.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 2.2% in a year. Earnings are forecast to decline by 35% in the next year. Announcement • May 26
Brave Bison Group plc, Annual General Meeting, Jun 19, 2024 Brave Bison Group plc, Annual General Meeting, Jun 19, 2024. Location: gridiron building, 1 pancras square, kings cross, n1c 4ag, United Kingdom Reported Earnings • Apr 22
Full year 2023 earnings released: EPS: UK£0.003 (vs UK£0.002 in FY 2022) Full year 2023 results: EPS: UK£0.003 (up from UK£0.002 in FY 2022). Revenue: UK£35.7m (up 13% from FY 2022). Net income: UK£3.39m (up 63% from FY 2022). Profit margin: 9.5% (up from 6.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Apr 10
Brave Bison Group plc to Report Fiscal Year 2023 Results on Apr 22, 2024 Brave Bison Group plc announced that they will report fiscal year 2023 results on Apr 22, 2024 Buy Or Sell Opportunity • Apr 03
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to UK£0.026. The fair value is estimated to be UK£0.021, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Mar 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (UK£31.4m market cap, or US$39.7m). Buy Or Sell Opportunity • Feb 12
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 44% to UK£0.026. The fair value is estimated to be UK£0.022, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Feb 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (UK£34.8m market cap, or US$43.7m). Buy Or Sell Opportunity • Jan 25
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 37% to UK£0.024. The fair value is estimated to be UK£0.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Nov 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (UK£22.9m market cap, or US$28.0m). Buying Opportunity • Nov 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 32%. The fair value is estimated to be UK£0.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 6.0% in a year. Earnings is forecast to grow by 80% in the next year. Reported Earnings • Sep 17
First half 2023 earnings released: EPS: UK£0 (vs UK£0.001 in 1H 2022) First half 2023 results: EPS: UK£0 (down from UK£0.001 in 1H 2022). Revenue: UK£16.9m (up 15% from 1H 2022). Net loss: UK£227.0k (down 122% from profit in 1H 2022). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. New Risk • Sep 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.5% Last year net profit margin: 4.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (2.5% net profit margin). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (UK£30.6m market cap, or US$38.2m). Announcement • Sep 04
Brave Bison Group plc to Report First Half, 2023 Results on Sep 13, 2023 Brave Bison Group plc announced that they will report first half, 2023 results on Sep 13, 2023 Announcement • May 19
Brave Bison Group plc, Annual General Meeting, Jun 14, 2023 Brave Bison Group plc, Annual General Meeting, Jun 14, 2023, at 09:00 Coordinated Universal Time. Location: Gridiron Building, 1 Pancras Square London United Kingdom Reported Earnings • Apr 28
Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat Full year 2022 results: EPS: UK£0.002 (up from UK£0.001 in FY 2021). Revenue: UK£31.7m (up 46% from FY 2021). Net income: UK£2.08m (up 354% from FY 2021). Profit margin: 6.6% (up from 2.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Executive Chairman Oli Green is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Gordon Brough was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Sep 23
First half 2022 earnings released: EPS: UK£0 (vs UK£0 in 1H 2021) First half 2022 results: EPS: UK£0 (in line with 1H 2021). Revenue: UK£14.7m (up 101% from 1H 2021). Net income: UK£1.02m (up UK£855.0k from 1H 2021). Profit margin: 6.9% (up from 2.3% in 1H 2021). The increase in margin was driven by higher revenue. Board Change • Apr 27
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Chairman & CEO Oli Green is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Reported Earnings • Apr 29
Full year 2020 earnings released: UK£0.003 loss per share (vs UK£0.004 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: UK£14.5m (down 14% from FY 2019). Net loss: UK£2.03m (loss narrowed 25% from FY 2019). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • Feb 03
Caribbean Premier League Appoints Brave Bison Group plc to Help Lead the Management of Content, Channels, Rights, Monetisation and Audience Development for the Organisation Across YouTube Brave Bison Group plc announced that it has been appointed by Hero Caribbean Premier League (the "Hero CPL"), the leading cricket organisation, to help lead the management of content, channels, rights, monetisation and audience development for the organization across YouTube. Hero CPL will join the already established community of leading sports organizations that Brave Bison manages across YouTube, including Australian Open, US Open & PGA TOUR. Brave Bison and Hero CPL will work closely together to grow and optimize the organization's YouTube channel by entertaining the existing audience of 823k subscribers with the sports content they love most and at the same time will identify opportunities to reach new, broader audiences. Brave Bison will also act as a consultant on best practices and creative and innovative content strategies. Announcement • Oct 16
VOXI Appoints Brave Bison Group plc as Their Influencer Marketing Partner Until the End of 2020 Brave Bison Group plc, announces that it has been appointed by Vodafone's youth-focused mobile network, VOXI, as their influencer marketing partner until the end of 2020. Brave Bison received the brief through its recently acquired entertainment media brand, The Hook. The Hook is one of the leading youth-focused social publishers in the world, home of trending news, entertainment and original video with 9 million multi-platform followers. VOXI has worked closely with The Hook previously to deliver cross-platform social marketing campaigns. The Hook's highly engaged audience is led by Gen-Z and millennial followers, positioning the media brand as a strong partner to help VOXI grow their social audiences and drive sign ups. The talent-led campaign will see Brave Bison partner with several influencers across key social platforms to raise awareness of the VOXI brand and the 'Endless' benefits it provides to an audience of digital natives. The campaign, which will run for an initial period of 3-months, will educate and encourage social audiences to switch their mobile network provider and join VOXI through a series of posts from influencer talent with high engagement rates. Announcement • Aug 06
Brave Bison Group plc announced that it has received funding from Cobalt Capital Rightster Group Plc announced that it has received a round of funding from new investor Cobalt Capital on February 8, 2013. Announcement • Jul 31
Brave Bison Group plc (AIM:BBSN) acquired certain assets of The Hook Group Limited for £0.15 million. Brave Bison Group plc (AIM:BBSN) acquired certain assets of The Hook Group Limited for £0.15 million on April 30, 2020. The deal value is immediately payable in cash. Brave Bison has acquired The Hook channel and related intellectual property, including a number of websites and media channels on Instagram, Facebook and TikTok, through a pre-pack administration of The Hook Group. Six staff of The Hook Group Limited are part of the transfer. Aside from a small skeleton of staff, the rest will be made redundant. The acquisition is expected to be earnings accretive for Brave Bison in the current financial year. Jeremy Porter and Asha Chotai of Allenby Capital Limited acted as financial advisors to Brave Bison.
Brave Bison Group plc (AIM:BBSN) completed the acquisition of certain assets of The Hook Group Limited on April 30, 2020.