Brave Bison Group

BBSN · AIM · Media · mcap £91m · 76.5p

Brave Bison is a UK-listed digital advertising, marketing and technology services group, with social media, performance marketing and sports agencies. It also runs MiniMBA, an online marketing training business.

Target	Promise	Said	Status
2024
31 Dec 2024	H2 2024 cash inflow above £2.0m, taking net cash to at least £9m by year end.	22 Jul 2024	✗ Missed
	“Cash inflow in H2 2024 is expected to exceed £2.0m, driven by large customer receipts in July and August” Also stated 9 Sep 2024 How it developed 22 Jul 2024 Said “Cash inflow in H2 2024 is expected to exceed £2.0m, driven by large customer receipts in July and August” 9 Sep 2024 ✗ Missed “Net cash is expected to increase to at least £9m by year end” 9 Sep 2024 Said “Net cash is expected to increase to at least £9m by year end” 27 Jan 2025 ✗ Missed “Net cash of £7.5m as at 31 December 2024, an increase of £0.7m year-on-year (FY23: £6.8m) and reflecting the acquisition of Engage Digital Partners” Result Net cash at end-2024 was £7.5m, below the £9m guided (about £7.0m expected after the Engage deal). “Net cash is expected to increase to at least £9m by year end”9 Sep 2024 · Half-year Results “Net cash of £7.5m as at 31 December 2024, an increase of £0.7m year-on-year (FY23: £6.8m) and reflecting the acquisition of Engage Digital Partners”27 Jan 2025 · Trading Update
2025
9 Nov 2025	News UK to invest a further £0.2m in on-market share purchases within six months of completion.	10 Apr 2025	✗ Missed
	“News UK has committed to making a further investment of £0.2 million in acquiring additional Brave Bison ordinary shares via on-market purchases in the six months following completion” How it developed 10 Apr 2025 Said “News UK has committed to making a further investment of £0.2 million in acquiring additional Brave Bison ordinary shares via on-market purchases in the six...” 30 Jul 2025 ✗ Missed “Resulting situation on the date on which threshold was crossed or reached \| 2.100000 \| 0.000000 \| 2.100000 \| 2000000” Result News Corp UK & Ireland's holding fell to 2.1% in July 2025, not up. “Resulting situation on the date on which threshold was crossed or reached \| 2.100000 \| 0.000000 \| 2.100000 \| 2000000”30 Jul 2025 · Holding(s) in Company