Brave Bison Group Plc · LSE:BBSN
Brave Bison — H1 2024 Earnings Presentation
20 slides from Brave Bison's earnings presentation, 2024
Slide 1: Brave Bison Group plc FY24 Interim Results
Brave Bison Group plc 1 FY24 Interim Results
Slide 2: Disclaimer
2 Disclaimer This presentation may contain forward-looking statements with respect to the financial condition, performance and position, strategy, results of operations and businesses of Brave Bison Group plc (the “Company”). Such statements and forecasts involve risk and uncertainty because they ar
Slide 3: Welcome
3 Welcome Theo Green Chief Growth Officer Oliver Green Executive Chairman Philippa Norridge Chief Financial Officer
Slide 4: Today
4 Today 1. 2. 3. Introduction Financial Results Strategic Highlights
Slide 5: 1. Introduction
1. Introduction © 2024 BraveBison A different Beast
Slide 6: A media, marketing and technology company purpose built for the digital era
6 is a media, marketing and technology company purpose built for the digital era. © 2024 BraveBison A different Beast
Slide 7: Global brands buy our services on a retained basis across four practices
7 Global brands buy our services on a retained basis across four practices. Driving online transactions Building ecommerce websites, and building brands through digital experiences and products digital media. that convert customers. PERFORMANCE COMMERCE Connecting brands to Putting our money where o
Slide 8: H1 Results Summary
8 H1 Results Summary £10.1m +1% £1.8m +20% Net Revenue YoY Adjusted Profit Before Tax YoY £6.8m +57% ` £1.2m Net Cash YoY Statutory Profit Before Tax £2.1m +12% 0.14p +17% Adjusted EBITDA YoY Adjusted Basic EPS YoY
Slide 9: Strategic Highlights
9 Strategic Highlights q 15 new clients including SharkNinja, Primark, Sony Pictures, Yours Clothing, Greene King, Seasalt Cornwall, Reed, HSS and The Travel Corporation q Launch of AudienceGPT, a tool that uses artificial intelligence to create audience data for media planning. Take up from new and
Slide 10: Full Year 2024 Outlook
10 Full Year 2024 Outlook q The Board expects to exceed current market forecasts for FY24 q Trading has been better than anticipated at Brave Bison Performance, as well as increased profitability at SocialChain q Net cash is expected to increase to at least £9m by year end Note: Cavendish Capital Ma
Slide 11: 2. Financial Results
11 2. Financial Results © 2024 BraveBison A different Beast
Slide 12: Financial Results Summary
12 Financial Results Summary “ § Net revenue was flat year on year at £10.1m Unaudited H1 24 H1 23 Change FY23 § We did not renew a number of low margin contracts relating to the US operations during the year. Excluding these, the remainder of the business Net Revenue / Gross Profit £10.1m £10.0m +1
Slide 13: Adjustments Summary
13 § Acquisition costs were minimal in the Adjustments Summary “ period at £33k and related to costs associated with the possible offer for The Mission Group £'000 H1 24 H1 23 § Restructuring costs were 69% lower Adj. EBITDA 2,127 1,893 than in H1 2023 as most restructuring Finance income 128 70 cos
Slide 14: 3. Strategic Highlights
14 3. Strategic Highlights © 2024 BraveBison A different Beast
Slide 15: AudienceGPT
15 AudienceGPT q Using cutting edge silicon data strategy, we’re building custom GPTs for clients that embody the niche audiences they are trying to reach with their marketing. q These GPTs can be used to better understand how an audience behaves, map their path to purchase across different advertis
Slide 16: SocialMinds
16 SocialMinds q An engaged community of social media marketers who come to us for insightful interviews with leading brands, regular news updates, conferences and exclusive networking events. q Over 6,000 monthly podcast downloads. q Two bi-annual conferences, each hosting over 150 marketers. q Reg
Slide 17: The Mission Group
17 The Mission Group q On 13 May 2024, Brave Bison announced it was considering an offer to acquire The Mission Group plc ("Mission") an AIM-listed digital marketing and communications business q In FY23, Mission reported revenues of £86m, Adjusted EBIT of £6.5m and had over 1,100 employees at 31 De
Slide 18: Summary
18 Summary I. H1 results ahead of prior year II. FY24 outlook ahead of expectations III. Net cash expected to reach £9m+ IV. Winning customer proposition V. Platform for M&A
Slide 19: Q&A
19 Q&A
Slide 20: © 2024 BraveBison A different Beast
20 © 2024 BraveBison A different Beast