Brave Bison Exceeds FY24 Expectations and Expands with Strategic Acquisition

Brave Bison ( (GB:BBSN) ) has shared an update.

Brave Bison has reported a strong performance for FY24, surpassing market expectations with an 8% growth in net revenue (excluding US operations) and adjusted profit before tax. The company ended the year with net cash of £7.5 million, which is earmarked for further acquisitions. The recent acquisition of Engage Digital Partners is expected to enhance Brave Bison’s presence in the sports and entertainment sectors, especially in India and Australia. This strategic move aligns with the company’s focus on integration and technology enablement, positioning it robustly in a challenging macroeconomic environment.

More about Brave Bison

Brave Bison is a digital media, marketing, and technology company that collaborates with global brand advertisers such as New Balance, SharkNinja, and Asus to develop digital media campaigns and social media advertising. Its Sports & Entertainment division works with federations and teams like FIFA, Real Madrid, and New Zealand Rugby.

YTD Price Performance: 4.57%

Average Trading Volume: 1,674,143

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £28.1M

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