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RNS Number : 7776H Brave Bison Group PLC 06 August 2021 6 August 2021 Brave Bison Group plc ( " Brave Bison " , " the Group " or " the Company " ) Interim results for the six months ended 30 June 2021 Brave Bison Group plc ( AIM : BBSN ) , the social media and marketing group , today announces its unaudited interim results for the six months ended 30 June 2021 . Highlights Increase in revenue of 32 % to £ 7.3 million ( H1 2020 : £ 5.5 million ) Adjusted EBITDA¹ was a profit of £ 0.5 million ( H1 2020 : negative adjusted EBITDA of £ 0.4 million ) Net cash as at 30 June 2021 of £ 2.9 million ( 30 June 2020 : £ 2.1 million ) Profit before tax of £ 0.2 million ( H1 2020 : loss of £ 1.4 million ) , and profit before tax and acquisition costs of £ 0.4 million ( H1 2020 : loss of £ 1.4 million ) Ranked 2nd in the Drum's UK Digital Agency Census Significant client wins and contract renewals during the period , including Panasonic , Vodafone , Suntory , Hero Caribbean Premier League , DAMAC Properties , Hyprr and the BBC Launched the second series of the UK's biggest TikTok content house , The Wave House Oliver Green , Executive Chairman , commented : " I am pleased to report strong results for the first half of the year despite the impact of lockdowns across the UK and Singapore . During the period we saw our revenues grow and were able to a generate a pre - tax profit during the half year for the first time in recent years . Our Group continues to be profitable on a month by month basis and has now been cash generative in two consecutive half year periods . I look forward to continued momentum in the second half of the year , which is historically a stronger trading period as a result of Christmas related advertising budgets . " For further information please contact : Brave Bison Group plc Oliver Green , Executive Chairman Theo Green , Chief Growth Officer via Cenkos Philippa Norridge , Chief Financial Officer Cenkos Securities plc ( NOMAD and Broker ) Nicholas Wells / Ben Jeynes / Dan Hodkinson ( Corporate Finance ) +44 ( 0 ) 20 7397 8900 Dale Bellis ( Sales ) This announcement is available on the Group's website , www.bravebison.com 1 Adjusted EBITDA is a non - IFRS measure that the Company uses to measure its performance and is defined as earnings before interest , taxation , depreciation and amortisation and after add back of costs related to restructuring , acquisitions and share based payments . Chairman's Statement Operating Review Brave Bison is a social media and marketing group with offices in London and Singapore . The Group generates advertising revenue from a network of over 650 social media channels across YouTube , Snapchat , Facebook and TikTok and produces social media advertising campaigns for global brands such as Vodafone , Uniqlo and Samsung . Brave Bison started 2021 in much better shape than the previous year , following the restructuring and rationalisation of its cost base over the course of 2020 , and further benefiting from renewed focus around the Group's 3 key pillars of a social marketing agency , a network of YouTube channels managed by the Company on behalf of our partners , and a portfolio of social first media brands . During the period our social marketing agency in the UK gained well - deserved recognition by securing second place in the Page 1 of 11