XLMedia News
17 articles
growth-negative
XLMedia to delist in May as wind-down completes
XLMedia is set to delist from the London Stock Exchange in May 2025 as part of a wind-down process following the sale of its core assets. The company sold its European and Canadian operations to Gambling.com and its North American assets to Sportradar for a total of $62.2 million. The proceeds were largely returned to shareholders, with some allocated to settle outstanding tax liabilities. The companys headcount has significantly reduced from 146 to 17, with an additional 10 employees leaving in Q1 2025. XLMedias delisting marks the end of its presence on the exchange, where it was listed in 2014.
Acquired-byLayoffs
growth-positive
3 UK Penny Stocks With Market Caps Under £30M To Consider
CT Automotive Group plc, a company with a market cap of £24.29 million, has recently achieved profitability and demonstrates strong financial health. The company designs, develops, and supplies automotive interior components globally. It generates revenue from tooling and production segments, with production being the larger contributor. Despite having a relatively inexperienced management team, CT Automotive boasts a high Return on Equity of 41.9% and effectively manages its debt levels. A recent partnership with iAqua Watercraft Limited is expected to generate modest but profitable annual revenue. The companys share price remains volatile, but its financial indicators suggest a positive growth trajectory.
Partners
growth-negative
3 UK Penny Stocks With Market Caps Under £30M To Watch
Feedback plc, a medical imaging technology company, is navigating the penny stock landscape with a market cap of £2.43 million. Despite being debt-free and having short-term assets exceeding liabilities, the company faces financial challenges with ongoing losses and a negative return on equity. Revenue from its Medical Imaging segment reached £1.18 million for the year ended May 2024, but net losses increased to £3.3 million from the previous year’s £2.92 million loss. Recent capital raises through follow-on equity offerings indicate efforts to bolster its cash runway amid volatile share prices and management changes.
InvestmentManagement Changes
growth-negative
3 UK Penny Stocks With Market Caps Over £7M To Consider
XLMedia PLC, a digital media company with a market cap of £31.24 million, is facing financial challenges. The companys revenue fell to US$10.36 million for the first half of 2024 from US$16.93 million a year ago, resulting in a net loss of US$8.56 million. Despite being debt-free and having short-term assets exceeding liabilities, XLMedia remains unprofitable with a negative return on equity and declining earnings over the past five years. The stocks volatility has decreased but remains higher than most UK stocks. The experienced board and management team provide some stability amidst these financial struggles.
growth-negative
Eurasia Mining And 2 Other Noteworthy Penny Stocks On UK Exchange
The article discusses the potential of penny stocks in the UK market, highlighting several companies with strong financial health ratings. Among them, Eurasia Mining Plc is noted for its focus on mining and mineral exploration in Russia, with a market cap of £72.33 million. Despite reporting sales of £2.07 million for 2023, the company remains pre-revenue and faces challenges such as high share price volatility and a limited cash runway. However, it has improved its financial stability by reducing its debt-to-equity ratio and maintaining more cash than total debt. The article suggests that experienced management could help navigate these challenges.
growth-negative
XLMedia PLC (XLMDF) (Q2 2024) Earnings Call Transcript Highlights: Key Takeaways from the ...
XLMedia PLC reported a 4% increase in first-time depositors, reaching 48,000 in the first half of 2024. The company strengthened its cash position by selling its European business for $20 million, but faced a significant revenue decline, with continuing revenues dropping to $10.4 million from $16.9 million year-on-year. The launch of online sports betting in North Carolina did not meet expectations, impacting revenues and EBITDA. Cost reduction initiatives are underway, and the company is focusing on revenue diversification through investments in paid media and daily fantasy sports. Despite these efforts, XLMedia incurred a $6.2 million operating loss and $2.5 million in exceptional minimum guarantee payments. The company aims to create a more predictable revenue stream by migrating to revenue share over time.
CustomersAcquisition
Neutral
When Should You Buy XLMedia PLC (LON:XLM)?
XLMedia PLC, a small-cap stock, has seen significant share price movement in recent months. The current trading price is reflective of the actual value of the company, according to a price multiple model. The stocks price-to-earnings ratio is slightly below its industry peers, suggesting a reasonable price for purchase. The companys profit is expected to more than double over the next couple of years, indicating a bright future. However, the market has already priced in XLMs positive outlook, and it may not be the most advantageous time to buy.
Investment
growth-negative
XLMedia Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags
XLMedia has reported its full year 2022 results, with revenue up 8.0% from FY 2021 to US$71.8m. However, net income was down 58% to US$2.35m and profit margin also decreased from 8.5% in FY 2021 to 3.3%. Earnings per share (EPS) was US$0.009, down from US$0.023 in FY 2021. The companys revenue exceeded analyst estimates by 1.4%, but EPS fell short. Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years.
Customers
growth-positive
Are Investors Undervaluing XLMedia PLC (LON:XLM) By 23%?
According to a valuation model by Simply Wall St, XLMedia PLCs fair value estimate is UK£0.19, suggesting that the company is potentially undervalued by 23% at its current share price of UK£0.15. The valuation was based on the 2 Stage Free Cash Flow to Equity model, which takes into account the expected future cash flows and discounts them to their present value. The model also considered the companys growth rate, discount rate, and actual cash flows. However, the valuation does not account for the companys future capital requirements or the possible cyclicality of the industry.
Investment
XLMedia purchases websites from Good Game
growth-positive
XLMedia acquires Marmar Media outright
London AIM-listed industry affiliate marketing and player acquisition firm XLMedia has confirmed that it has moved to acquire Marmar Media outright. XLMedia will purchase the remaining 46% of Marmar Media equity for a reported sum of $2.4 million (€2 million). XLMedia first acquired a 54% stake in Israel-based Marmar Media in June 2015, a digital marketing company focused on mobile app and software downloads. The acquisition of the remaining 46% stake in Marmar is expected to enable XLM to further strengthen the group’s media channel growth.
Acquisition
XLMedia PLC ("XLMedia" or "the Group" or "the Company"): Acquisition of Mobile Performance Marketing Platform
growth-positive
XLMedia to acquire Canada's Greedyrates
XLMedia has agreed to acquire Canadian credit card comparison website Greedyrates.ca for $9.3 million. The deal is expected to be finalized by the end of the first quarter and will increase XLMedias earnings. The acquisition will enhance XLMedias presence in North America and allow it to establish a foothold in the financial services market. XLMedia plans to integrate Greedyrates into its Palcon infrastructure and develop its offering and geographical reach within financial services. The deal also includes additional domains that XLMedia plans to use and develop. The acquisition is seen as a significant opportunity for XLMedia to diversify its revenue streams and become a key player in the financial services sector.
AcquisitionExpand
growth-positive
XLMedia details strategic review plans
Digital marketing services operator XLMedia has appointed Canaccord Genuity Limited to undertake a strategic review of the business. The review will consider all opportunities for maximizing value for shareholders, including a corporate transaction, acquisition of complementary businesses, or a sale of the business. XLMedia has consistently reported strong financial performance, invested in organic growth opportunities, completed successful acquisitions, and declared dividends to shareholders. The directors have determined it is appropriate to evaluate opportunities to maximize value for shareholders.
AcquisitionInvestment
growth-positive
XLMedia acquires Marmar Media
XLMedia plc is acquiring a majority stake of 54% in Marmar Media Ltd for up to $7.36 million in cash. Marmar specializes in performance-based marketing and generated revenues of $11 million last year. The acquisition is highly complementary to XLMedias existing business and will bring additional know-how and mobile understanding in additional markets and products.
Acquisition
growth-positive
XLMedia acquires ExciteAd Digital Marketing for $19m
XLMedia has acquired ExciteAd Digital Marketing Ltd for up to $19 million. This is XLMedias fifth acquisition and its largest so far. ExciteAd specializes in social and mobile advertising for user acquisition in social gaming applications. The acquisition strengthens XLMedias reach in the US and diversifies its expertise and customer base.
Acquisition
growth-positive
XLMedia raises £42m in London AIM IPO
XLMedia plc raised �41.8 million in its IPO on Londons Alternative Investment Market. The company plans to invest in and develop its position in Scandinavia and expand operations to other countries, with a focus on the US. XLMedia generates user traffic for over 150 gaming sites and collects commissions from the sites for bringing in new customers. The company sold its Turkish business in October 2013.
Public TradingExpand
