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Investor News: Full-Year results for the twelve months ended 31 December 2019

April 2020 • Regulatory News

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 Brave Bison Group plc

 Final Results for the year ended 31 December 2019 Brave Bison Group plc (AIM: BBSN), the social video company, today announces its audited results for the year ended 31 December 2019.

 Financial highlights

Adjusted EBITDA* loss of £0.4 million (2018: £0.8 million profit)

Revenue down from £21.2 million in 2018, to £16.8 million as a result of the Facebook policy changes and subsequent temporary demonetisation of Facebook channels

Performance in Asia has been strong. With a push into Japan and South Korea, revenue increased by 90%, from £2 million to £3.8 million

YouTube channel management services showed revenue growth of 66% to £5.3 million (2018: £3.2 million)

Operational highlights

All Facebook channels remonetised, after being demonetised as a result of Facebook policy changes, rebranding of prioritised channels

Launched on Snapchat with successful shows such as Slick, revenue from Snapchat has jumped 484% between H1 and H2 in 2019

Became Snapchat Discover Partner

Retained all largest contributors to YouTube network, including PGA Tour, Alofoke Radio, the USTA and World Chase Tag

Grew channel for burgeoning sports partner World Chase Tag increasing views on their YouTube channel by 150%, and revenue by 210%

Multiple successful branded content and influencer campaigns for clients such as Accor Hotels, LandRover, Al Nippon Airways (ANA) Connection, SK-II and Lego

JAPAC team launch Brave Bison in South Korea with partner Unruly.

Brave Bison highly commended for Independent Agency of the Year at Mumbrella Asia 360.

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