FY19 revenue performance at Brave Bison Group, the social media company, is expected to be c. £16m (FY18: £21.2m). This is significantly below management and market expectations (ACLe: £20.1m). This is a function of the ongoing impact of adapting to Facebook’s new content policies announced in April and a H2 shortfall in BBSN’s APAC branded content division although revenue here will have doubled over FY18. As a result, there is expected to be a £1.5m negat
22 Nov 2019
Continued impact of Facebook’s policy changes
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Continued impact of Facebook’s policy changes
Brave Bison Group Plc (BBSN:LON) | 2.5 0 1.0% | Mkt Cap: 32.5m
- Published:
22 Nov 2019 -
Author:
David Johnson -
Pages:
2
FY19 revenue performance at Brave Bison Group, the social media company, is expected to be c. £16m (FY18: £21.2m). This is significantly below management and market expectations (ACLe: £20.1m). This is a function of the ongoing impact of adapting to Facebook’s new content policies announced in April and a H2 shortfall in BBSN’s APAC branded content division although revenue here will have doubled over FY18. As a result, there is expected to be a £1.5m negat