Brave Bison Group, the UK-based marketing technology provider, delivered a substantial uplift in first-half trading for 2026, reporting net revenue of
Financial performance
The group recorded first-half net revenue of
Drivers of growth
Management attributed the near-doubling in revenue to a mix of acquisitions and underlying organic expansion. The company's MiniMBA eLearning product delivered more than 20% organic cohort-to-cohort growth, while the performance marketing division and Sport & Entertainment operations contributed materially to the stronger top line.
On profitability measures, adjusted EBITDA for the period stood at
Balance sheet and outlook
Brave Bison closed the half with
Looking ahead, the company said it anticipates further cash generation in the second half of 2026, conditional on an absence of additional acquisitions. Management confirmed that its guidance for full-year profitability remains unchanged.
Headwinds
One part of the business - the insights practice - experienced pressure as a result of client budget constraints tied to the Middle East crisis, which offset some of the gains realised elsewhere in the group.
Note: All financial figures and operational comments reflect the company's published first-half results for 2026.