Brave Bison has delivered stronger than expected trading in FY25E, driven by continued momentum in its Performance marketing division and a standout 4Q25E in Sport & Entertainment, where the US Open and Alofoke YouTube channels capitalised on long-term platform engagement trends. FY25E net revenue of £33.5m and adj. EBITDA of £6.5m both came in 6% ahead of expectations, while year-end net cash of £4.3m versus prior expectations for net debt represents a material positive surprise. While some of ....
