Lbg Media Share Discussion Threads

[whites123] 30/3/2023 13:04:37

The Director Purchases are a healthy indication.

The update looked particularly healthy.

Pre-Close Trading update

LBG Media plc, the UK-based multi-brand, multi-channel digital youth publisher, announces a pre-close trading update for the full year ending 31 December 2022 ("FY22").

Following a robust performance in the second half of the year ("H2") to date, full year revenue is expected to be approximately £63m and adjusted EBITDA* approximately £16m.

As anticipated, revenue growth has accelerated in the seasonally stronger second half and Group revenue is expected to have grown by over 20% in this period vs the prior year. There has been growth across both Direct and Indirect segments against the backdrop of a challenging economic environment.

Given the momentum seen in H2, and cost reduction exercise completed in November 2022, management is confident about the outlook for continued growth in 2023.

[john09] 25/3/2023 15:35:05

Buy at 50p disco

[disc0dave45] 25/3/2023 15:06:32

A bit surprised to see after the Dec trading update that the share price went up, the consensus at H1 was adj EBITDA of £20m, the Dec trading update the company said £16m. Guess April 12th will confirm.Like these but can't value it. Going on FY21 they made adjusted EBITDA of £16.8m (5% higher than recent forecast for FY22) and eps was 3p, so FY22 could be 2.8p which puts this on a PE of 28x which is pricey. On the other hand consensus forecast is for eps of 4.8p for FY23 which if they confirm is a PE of 16x which is reasonable.Using their H1 FY23 numbers seems meaningless as a guide for year end earnings due to seasonal weightings. Any holders with some better knowledge than myself as only just started to research.Thanks

[masurenguy] 20/3/2023 08:28:39

An island of blue in a red sea this morning. A couple of small trades have pushed up the shareprice.

[strollingmolby] 23/12/2022 11:47:30

Letsdothis - take your bile elsewhere and post in the Daily Mail comments section.

Filtered

[strollingmolby] 23/12/2022 10:49:48

Something must be afoot for a rebound of this magnitude... Another 50k bought by the CEO at 100p announced yesterday, on top of the 900k he bought in November at 51p.

[strollingmolby] 19/12/2022 08:33:32

Continued confidence in today's update for the year and outlook for 2023:

LBG Media plc, the UK-based multi-brand, multi-channel digital youth publisher, announces a pre-close trading update for the full year ending 31 December 2022 ("FY22").

Following a robust performance in the second half of the year ("H2") to date, full year revenue is expected to be approximately £63m and adjusted EBITDA* approximately £16m.

As anticipated, revenue growth has accelerated in the seasonally stronger second half and Group revenue is expected to have grown by over 20% in this period vs the prior year. There has been growth across both Direct and Indirect segments against the backdrop of a challenging economic environment.

Given the momentum seen in H2, and cost reduction exercise completed in November 2022, management is confident about the outlook for continued growth in 2023.

[strollingmolby] 09/11/2022 09:15:16

Confident share purchase by the CEO - 900,000 at 51p, taking his direct and indirect ownership to 41.97%. I assume he has a dispensation not to have to make a bid for the company whilst above 30%??

[fozzyb] 18/10/2022 17:55:48

Ouch. When does this hit bottom?

[izztre] 28/6/2022 08:40:09

Berenberg initiates coverage on Big Tech and LBG Media at 'buy' https://www.hl.co.uk/feeds/apps/sharecast?id=32776739

[onjohn] 25/6/2022 22:54:35

THE MEN’S SECTOR ALSO TOOK BIG BLOWS though only a 5.1% fall in overall circulation. Sector leader Men’s Health fell 10.1%, while Nuts dropped 19.1% and Loaded crashed by 30.2%, FHM fell 20.6% and Zoo by 20.4%.

[strollingmolby] 21/4/2022 08:16:31

Not the easiest of accounts to navigate but under the headlines of revenue +81% and adjusted EBITDA +206% with margins at 31% (up from 18%), I see EPS is reported as 3.0p for 2021, vs 1.7p for 2020 (+76%), so a very credible set of results.

[strollingmolby] 12/4/2022 18:20:06

I bought a few of these today to force me to do some more digging around the prospectus and LBG's prospects - nothing focuses the investing mind more than having an interest, right?!

With the 2021 results due on 21 April we already know that the revenues will not be less than £54m (+80% on 2020), adjusted EBITDA of at least £16.2m (2020: £5.3m). Year-end cash of £34.3m represents almost a tenth of the market cap and follows a year of strong cash generation of £10.6m which has reversed the net debt position (before IPO proceeds).

Based on these numbers we could be looking at EPS of 7.85p before listing costs, and a lofty PE of 23, albeit on a company growing 400% YoY...

Anyway, looking forward to those results which will hopefully bring more interest and liquidity to the stock.

[km18] 08/2/2022 12:58:02

LBG Media, the UK-based multi-brand, multi-channel digital youth publisher, issued a trading update for the full year ended 31 December 2021 ("FY21"). FY21 revenue is anticipated to be at least £54m, slightly ahead of expectations and representing annual growth of c.80% on FY20. FY21 adjusted EBITDA is anticipated to be slightly ahead of expectations for £16.2m in FY21, a near tripling on FY20 performance. The balance sheet has also improved dramatically following the IPO with net cash up to £34.3m compared to 2020 net debt of £6.3m. Valuation is the main question mark, forward PE ratio at 47, PS ratio over 7, are both 3rd quartile for the software & IT services market. It is also not yet clear what the market thinks of the listing price and current valuations given less than 2 months of secondary market trading. This is certainly a share worth monitoring for now and probably buying as well. But caution suggests monitoring LBG for the time being...from WealthOracleAM

[baronstjohn] 17/1/2009 00:11:48

Five......Four......Three......Two......One...... So let the good times roll we have lift off.