April 2020 •
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.