Major affiliate group XL Media is trading ahead of management expectations for the first six months of the year, with the company revealing that it is reducing the percentage of its revenues generated from gambling. The Group has been working on its strategy of diversifying its revenue streams and says it has delivered strong organic growth across all business verticals. …
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Updating the market, London AIM-listed XLMedia has informed that it will extend its marketing services within the Romanian betting market, having been granted a Class 2 ONJN License by the Romanian National Gambling Office. The licensing approval will allow XLMedia to complete its acquisition of publisher assets within the market. XLMedia governance updated investors detailing that the company had acquired …
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Issuing a market note, London AIM listed industry marketing and player acquisition specialist XLMedia has informed that its two largest shareholders WebPals Entertainment and Partners Limited Partnership have agreed to sell their remaining stakes in its enterprise. The joint disposal will see early stage investor WebPals and Israeli VC fund Partners Limited place 64.2 million of XLMedia shares for sale, …
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Updating the market, London AIM-listed industry marketing specialist XLMedia Plc continues its strategic M&A activity by confirming that it has agreed to acquire mobile marketing platform Clicksmob Inc for $5 million. The ‘all-cash’ deal will see XLMedia purchase Clicksmob assets and IPs outright, as the company seeks to boost its mobile player acquisition services. Issuing a purchase note, XLMedia governance …
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Having completed a strategic corporate review, the board of XLMedia has concluded that the company will continue to operate as independent enterprise, scrapping any plans of selling its business or assets. The governance of the London AIM-listed company stated that it believed that in remaining independent it would best serve its goal of “maximising value for shareholders”. Following a record …
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London AIM listed industry marketing specialist XLMedia Plc has recorded a pre-tax profit of $24.3 million for its full year 2015 performance (period ending 31 December) up 84% on FY 2014’s $13.2 million. XLMedia would record a revenue increase to $89 million up 76% on 2014’s $50.7 million, as the company reported core metric growth on all its channels. Furthermore, …
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Having announced this January that its full-year 2015 performance will outperformed market expectations. XLMedia governance this morning issued a corporate statement detailing that it will undertake a strategic review of its business, considering all options in order to maximise shareholder value. Releasing its short statement, London AIM listed XLMedia Plc noted that it would review all options available, including “acquiring …
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Reporting a strong finish to 2015, London AIM listed online gaming marketing services provider XLMedia Plc lifted its year end guidance, outlining that its core performance metrics would beat market expectations. XLMedia governance detailed that its FY 2015 revenues would reach an estimated $87 million (£60 million). Its strong revenue growth, would be further supported by EBITA earnings of circa …
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London AIM listed igaming marketing firm XLMedia has continued its corporate expansion through acquisition, with the conformation of its majority stake purchase in digital and mobile marketing services operator Marmar Media. XLMedia governance confirmed that it had agreed to acquire a 54% stake in Marmar Media for a cash consideration of $7.36 million (£4.7million). XLMedia expects the acquisition to immediately …
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London AIM listed igaming acquisition marketing specialist XLMedia issued a short corporate statement informing the UK media that it had acquired a number of mobile focused websites to increase its publisher network. XLMedia as yet have not disclosed any financial details regarding the mobile acquisitions, however company governance stated that the company would continue to search for opportunities to expand …
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