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Brave Bison Reports Strong FY24 Results and Strategic Acquisitions

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Brave Bison ( (GB:BBSN) ) just unveiled an update.

Brave Bison reported an 8% growth in net revenue excluding US operations and a 7% increase in adjusted profit before tax for FY24, with expectations for FY25 to exceed market forecasts. The company declared its first dividend in 12 years, reflecting its profitable growth strategy and commitment to returning excess cash to shareholders. Significant strategic moves include the acquisition of Engage, enhancing its sports and entertainment offerings, and the planned acquisition of The Fifth, an influencer marketing company, which will make News Corp a top shareholder.

More about Brave Bison

Brave Bison is a digital media, marketing, and technology company that focuses on providing services across digital channels. It operates primarily in the UK and European markets, with a strategic emphasis on sports and entertainment, as evidenced by its acquisition of Engage Digital Partners.

YTD Price Performance: 17.79%

Average Trading Volume: 1,399,382

Technical Sentiment Signal: Sell

Current Market Cap: £29.07M

For detailed information about BBSN stock, go to TipRanks’ Stock Analysis page.

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