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The Markets
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The Markets
by Proactive
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XLMedia 'continues to evolve as a global company operating close to all our consumers'

XLMedia 'continues to evolve as a global company operating close to all our consumers'

XLMedia PLC (AIM:XLM, FRA:7X3) (AIM:XLM, FRA:7X3) (LON:XLM) Stuart Simms joins Proactive London to update investors on their progress in the current financial year as it expects a rise in interim revenues and earnings.

Trading has been buoyed by consistent performance in the Personal Finance vertical, record organic growth in the European Sport vertical and a positive impact from the recently acquired US Sports vertical.

For the six months ended 30 June 2021, the AIM-listed firm estimates revenue t US$32mln compared to US$27.7mln a year ago, and adjusted underlying earnings (EBITDA) of US$7mln from US$5.1mln in 2020. Cash balances were US$38mln at the end of the period.

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