Brave Bison reports strong first half trading
Brave Bison Group
2.12p
08:50 23/12/24
-1.55%
-0.03p
Social media and marketing company Brave Bison said on Wednesday that trading in the first half had continued strongly.
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The AIM-traded firm said it now expected to exceed current market expectations for the full year.
Revenue for the first half was expected to be at least £7.3m, up from £5.5m a year earlier, with first half adjusted EBITDA expected to top £0.5m, swinging from a £0.4m loss in the first half of 2020.
Net cash increased by £0.2m to £2.9m at period end on 30 June, from £2.7m at the end of December.
“[Brave Bison] will publish its interim results for the six-month period to 30 June on or before 16 August,” the board said in its statement.
At 1429 BST, shares in Brave Bison Group were up 8.81% at 1.74p.