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Pin to quick picksXlmedia Share News (XLM)

Share Price Information for Xlmedia (XLM)

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Share Price: 11.75
Bid: 11.50
Ask: 12.00
Change: 0.125 (1.08%)
Spread: 0.50 (4.348%)
Open: 11.625
High: 11.75
Low: 11.625
Prev. Close: 11.625
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XLMedia acquisitions helping to drive growth

Tue, 24th Jul 2018 11:32

(Sharecast News) - Digital performance marketing provider XLMedia updated the market on its trading for the six months ended 30 June on Tuesday, saying it had continued to trade in line with its recently revised market expectations, and was executing on its strategy of diversifying its revenue streams through both organic and acquisitive means.The AIM-traded company said that during the period, it acquired additional assets in both the gambling and personal finance space.It said the bolt-ons included the acquisition of Good Game's assets in January, and WhichBingo in April, as well as additional personal finance websites, including the recently-acquired InvestorJunkie.All acquired assets were in the process of being integrated into the group, its board said."In XLMedia's personal finance vertical we have seen continued organic growth," the board explained in its statement."The growth in this sector, combined with the website additions XLMedia has made during the past year, means that group revenues from this vertical are currently accounting for 10% of the group's publishing revenues on a run-rate basis, compared to 5% in the prior year."XLMedia said it would report results for the six months ended 30 June on 24 September.
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XLMedia appoints Nigel Leigh as new information chief

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(Sharecast News) - Digital performance publisher XLMedia said on Thursday that it had made a solid start to 2021, supported by a good performance in the personal finance and European sports verticals but also warned that full-year profit growth would be held back by investment moves.

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XLMedia swings to profit in 2020 but revenue down amid pandemic

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IN BRIEF: XLMedia raises GBP27 million through shares issue

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