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Brave Bison net revenues up 22%

By BFN News | 09:28 AM | Friday 31 March, 2017


Brave Bison Group's net revenue increased by 22% to £17.7m in the year to the end of December. Growth was focused in H1 2016 (38% growth versus the corresponding period in 2015), centred around the Euro 2016 football tournament, and slipped in H2 2016 (7% growth versus the corresponding period in 2015). Gross profit rose by 26% to £7.7m and losses before interest, tax, depreciation and amortisation fell by 74% to £3.5m. This included a £1.4m foreign exchange gain (2015: £0.2m loss). Brave Bison also announced that it had opened its own state-of-the-art broadcast facility called Yellowstone Studios. It said Yellowstone Studios would not only become the home of Slash Football, Brave Bison's fast-growing multi-platform football network, but would provide a creative space for brands and influencers to explore, capture and broadcast social video content. At 9:28am: (LON:BBSN) Brave Bison Group Plc share price was 0p at 1.13p Story provided by StockMarketWire.com

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