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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Xlmedia Plc | LSE:XLM | London | Ordinary Share | JE00BH6XDL31 | ORD USD0.000001 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 12.25 | 12.00 | 12.50 | 12.25 | 12.25 | 12.25 | 722,428 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Advertising, Nec | 73.74M | -9.44M | -0.0359 | -3.41 | 32.17M |
From Apr 2019 to Apr 2024
TIDMXLM
RNS Number : 3174N
XLMedia PLC
17 January 2019
For immediate release 17 January 2019
XLMedia PLC
("XLMedia" or the "Group" or the "Company")
Trading Update
XLMedia (AIM: XLM), a leading provider of digital performance marketing services, is pleased to provide an update for the year ended 31 December 2018.
XLMedia confirms that trading in the second half of 2018 continued to strengthen with the Group proactively focusing on higher margin business. As a result of this overall margin improvement, the Group expects to report EBITDA in line with current market expectations, achieved against lower revenue base of approximately $118 million.
The Company has a material cash balance and continues to generate strong cash flows from operations.
The Company is focused on growing the higher margin publishing division within its key strategic verticals: Gaming (including the newly re-regulated US Gambling market), and Personal Finance. The Company looks forward to providing a more detailed update to the market as part of the full year results announcement.
The Company will publish final results for the year ended 31 December 2018 in March 2019.
For further information, please contact:
XLMedia plc Chris Bell, Non-executive Via Vigo Communications Chairman Ory Weihs, Chief Executive Officer www.xlmedia.com Vigo Communications Jeremy Garcia / Fiona Tel: 020 7390 0230 Henson / Simon Woods www.vigocomms.com Cenkos Securities plc (Nomad and Joint Tel: 020 7397 8900 Broker) Giles Balleny / Callum Davidson www.cenkos.com Berenberg (Joint Broker) Chris Bowman Tel: 020 3207 7800 / Mark Whitmore / Laure Fine www.berenberg.com
The information contained within this announcement (the "Announcement") is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this Announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
January 17, 2019 02:00 ET (07:00 GMT)
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