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Pin to quick picksXlmedia Share News (XLM)

Share Price Information for Xlmedia (XLM)

London Stock Exchange
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Share Price: 13.00
Bid: 12.50
Ask: 13.50
Change: -0.25 (-1.89%)
Spread: 1.00 (8.00%)
Open: 13.25
High: 13.50
Low: 12.90
Prev. Close: 13.25
XLM Live PriceLast checked at -

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AIM WINNERS & LOSERS: Fevertree Drinks loses fizz on margin guidance

Thu, 18th Mar 2021 11:22

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

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AIM - WINNERS

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Kazera Global, up 42% at 1.74 pence, 12-month range 0.1p-1.95p. The investment company says diamond production closed for February at 242 carats, which means that assuming a sale price of USD200 per carat, the South African diamond division will be operating on a profitable basis once sales are achieved. Notes progress continues to be made on investment by a local Namibian investor. The terms of investment package have now been agreed for an overall investment of EUR9.1 million which will be made in two tranches.

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Mobile Streams, up 28% at 0.29p, 12-month range 0.08p-0.52p. The mobile content and data intelligence company signs "major" contract worth GBP480,000 with iGaming company Quanta Media Group.

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Trans-Siberian Gold, up 14% at 114.30p, 12-month range 40.5p-134.5p. Gold miner agrees to takeover offer from Horvik, a Cyprus registered company indirectly owned by Vladislav Sviblov, who also is invested in former London listing Highland Gold Mining Ltd. Horvik agrees to buy 51.2% stake in Trans-Siberian Gold for 118p per share, valuing company at GBP108.4 million. Offer is 18% premium to Wednesday's closing price of 100p and now will be made to all Trans-Siberian shareholders.

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AIM - LOSERS

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Tekcapital, down 19% at 11.69p, 12-month range 3.63p-24p. The intellectual property investment group raises GBP3.8 million via 38 million share placing at 10p per share. Says funds raised will be used to increase investment in its portfolio companies Belluscura, Lucyd, Salarius and Guident to accelerate their growth.

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Fevertree Drinks, down 10% at 2,301.00p, 12-month range 888.4p-2,587p. The premium tonic-water maker posts a drop in annual profit as lockdown restrictions hurt on-trade sales by forcing the closure of bars and restaurants. For 2020, revenue was GBP252.1 million, down 3% from GBP260.5 million in 2019, and pretax profit was GBP51.6 million, down 29% from GBP72.5 million. Adjusted earnings before interest, tax, depreciation and amortisation margin was 22.6%, down from 29.6%. Looking ahead, Fevertree reintroduced guidance and anticipates revenue growth of 12% to 16% in 2021 and Ebitda margins consistent with 2020. "Soft guide on margin could take 15% out of street earnings in 2021," note analysts at Jefferies. Fevertree is one of the biggest companies on AIM, with a market value of GBP2.67 billion.

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XLMedia, down 9.3% at 48.45p, 12-month range 14p-54.75p. The digital marketing services provider enters agreement to buy Sports Betting Dime for USD26 million. It plans to raise GBP23 million via a placing, direct subscription with the company, and open offer of shares. The proposed placing and subscription to raise minimum gross proceeds of GBP20 million by way of accelerated bookbuild through the issue of minimum 50 million new ordinary shares at 40p each.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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21 Mar 2024 16:53

LONDON MARKET CLOSE: FTSE 100 up as investors see Fed, BoE cuts ahead

(Alliance News) - London's FTSE 100 jumped on Thursday, as markets rallied on the back of dovish interest rate decision statements from both the US Federal Reserve and Bank of England.

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21 Mar 2024 13:40

XLMedia to sell Europe, Canada assets for up to $42.5m

(Sharecast News) - AIM-listed XLMedia said on Thursday that it has agreed to sell its Europe and Canada assets for up to $42.5m to performance marketing and sports betting media firm Gambling.com (GAMB).

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21 Mar 2024 11:35

XLMedia shares jump as will sell Europe, Canada betting, gaming assets

(Alliance News) - XLMedia PLC on Thursday said that it signed an agreement to sell its Europe and Canada sports betting and gaming assets to Gambling.com Group Ltd.

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8 Feb 2024 14:01

XLMedia ends somewhat slower year as expected

(Sharecast News) - Digital media company XLMedia said in a trading update on Thursday that it anticipated meeting market expectations with revenue and adjusted EBITDA for 2023.

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8 Feb 2024 10:30

XLMedia expects lower revenue and earnings, in line with consensus

(Alliance News) - XLMedia PLC on Thursday said it expects to deliver annual revenue and earnings in line with expectations.

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6 Feb 2024 12:22

XLMedia to provide sports betting content to Star Tribune

(Alliance News) - XLMedia PLC on Tuesday said it secured a commerical partnership with Star Tribune Media Co, a news organisation based in the US Upper Midwest region.

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6 Feb 2024 10:32

XLMedia strikes commercial partnership with Star Tribune

(Sharecast News) - Digital media firm XLMedia has struck a commercial partnership with Star Tribune Media, the largest US upper midwest news organisation.

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11 Jan 2024 13:50

XLMedia agrees two year contract extension with Mile High Sports

(Alliance News) - XLMedia PLC on Thursday said it has agreed a two-year contract extension with its long-term partner Mile High Sports.

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9 Jan 2024 16:51

IN BRIEF: XLMedia's Chief Financial Officer Caroline Ackroyd resigns

XLMedia PLC - London-based global digital media company - Says Chief Financial Officer Caroline Ackroyd has resigned with a view to joining an operator in the gambling sector. Ackroyd will remain with the business until March 31 to assist with an orderly handover. The process to find a replacement will commence immediately.

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15 Dec 2023 16:51

LONDON MARKET CLOSE: FTSE 100 underperforms as post-Fed rally cools

(Alliance News) - London's FTSE 100 ended lower on Friday, with profit-taking and some hawkish words from a US policymaker keeping equities in check at the end of a largely positive week for stocks.

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15 Dec 2023 11:37

XLMedia warns on revenues

(Sharecast News) - Digital media company XLMedia warned on Friday that revenues will now fall below previous forecasts.

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15 Dec 2023 10:49

AIM WINNERS & LOSERS: Getech falls on revenue warning; Arkle rises

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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15 Dec 2023 10:27

XLMedia shares sink to record low after poor revenue predictions

(Alliance News) - XLMedia PLC shares fell to a record low on Friday, after announcing that revenue for 2023 would fall shy of previous years.

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EARNINGS: Ukrproduct outlook uncertain amid war; Microlise revenue up

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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