Brave Bison Group (BBSN)

Sector:

IT Services

Index:

FTSE AIM All-Share

2.60p
   
  • Change Today:
      0.075p
  • 52 Week High: 2.88
  • 52 Week Low: 1.53
  • Currency: UK Pounds
  • Shares Issued: 1,288.15m
  • Volume: 197,152
  • Market Cap: £33.49m

Brave Bison announces £4m in contract wins and renewals

By Josh White

Date: Monday 13 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Digital advertising and technology services company Brave Bison announced around £4m in new contract wins and renewals on Monday.
The AIM-traded firm said Brave Bison Performance had extended its partnership with a national electricals retailer for an additional 24 months, with the contract expected to yield around £2m throughout its duration.

Brave Bison Commerce had meanwhile inked a deal with a Finnish homeware retailer, with the contract anticipated to generate approximately £1m in revenue over the 2023 and 2024 financial years.

Brave Bison Commerce also secured a contract with a Dutch car parts retailer, projected to be worth around £1m across the 2023 and 2024 years.

The board said its onboarding of two new customers and the extension of an existing customer's contract provided confidence that it was on track to meet market expectations for the current year, targeting an adjusted profit before tax of £3.1m.

It added that it was well-positioned for continued growth into the 2024 financial year.

"Trading conditions have improved noticeably since the lull in the second quarter, and we are pleased to see Brave Bison's differentiated proposition attracting the right kind of customer," said chairman Oliver Green.

"All the contracts announced today are enterprise accounts with each customer generating revenues of between $1bn and $10bn, and we expect further growth in this area into the 2024 financial year."

At 1340 GMT, shares in Brave Bison Group were up 13.77% at 1.74p.

Reporting by Josh White for Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

BBSN Market Data

Currency UK Pounds
Share Price 2.60p
Change Today 0.075p
% Change 2.97 %
52 Week High 2.88
52 Week Low 1.53
Volume 197,152
Shares Issued 1,288.15m
Market Cap £33.49m

BBSN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
10.94% below the market average10.94% below the market average10.94% below the market average10.94% below the market average10.94% below the market average
80.25% above the sector average80.25% above the sector average80.25% above the sector average80.25% above the sector average80.25% above the sector average
Price Trend
73.75% above the market average73.75% above the market average73.75% above the market average73.75% above the market average73.75% above the market average
64.84% above the sector average64.84% above the sector average64.84% above the sector average64.84% above the sector average64.84% above the sector average
Income Not Available
Growth
62.12% above the market average62.12% above the market average62.12% above the market average62.12% above the market average62.12% above the market average
43.53% above the sector average43.53% above the sector average43.53% above the sector average43.53% above the sector average43.53% above the sector average

BBSN Dividends

No dividends found

Trades for 13-Jun-2024

Time Volume / Share Price
11:37 100,046 @ 2.55p
08:03 97,106 @ 2.58p

BBSN Key Personnel

CFO Philippa Norridge

Top of Page