XLMedia (XLM)

Sector:

Media

Index:

FTSE AIM All-Share

28.60p
   
  • Change Today:
    -0.40p
  • 52 Week High: 82.00p
  • 52 Week Low: 24.00p
  • Currency: UK Pounds
  • Shares Issued: 187.13m
  • Volume: 273,340
  • Market Cap: £53.52m

XLMedia warns on profits as regulations and costs weigh

By Iain Gilbert

Date: Monday 23 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Marketing group XLMedia warned on Monday that full-year earnings and revenues would be lower than expected as first-half results were hit by gambling regulations and increased corporate costs.
The AIM-listed company booked a pre-tax profit of $13.8m for the six months ended 30 June, a 21.5% year-on-year drop, as revenues fell 10% to $42.5m due to an "evolving UK regulatory landscape" and German "regulatory uncertainty" putting pressure on revenues.

XLM said the regulations had led to a delayed recovery in market performance, with gambling operators halting activities in certain markets.

Regulatory developments were expected to continue to affect the group's performance, along with a lack of acquisitions - something the group had previously expected to drive earnings before interest, tax, depreciation and amortisation.

XLMedia now expects adjusted EBITDA for the year to come in at around $34m, down 22% year-on-year, while revenues looked set to decline 32% to $80m.

The warning came as the company announced that chief financial officer Yehuda Dahan would be standing down from the board. Dahan will be replaced by Liat Hellman, currently CFO of XLM's Webpals subsidiary, on an interim basis.

As of 1100 BST, XLM shares had tanked 21.41% to 58.94p.

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XLMedia Market Data

Currency UK Pounds
Share Price 28.60p
Change Today -0.40p
% Change -1.38 %
52 Week High 82.00p
52 Week Low 24.00p
Volume 273,340
Shares Issued 187.13m
Market Cap £53.52m

XLMedia Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.77% above the market average99.77% above the market average99.77% above the market average99.77% above the market average99.77% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
95.39% below the market average95.39% below the market average95.39% below the market average95.39% below the market average95.39% below the market average
88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average
Income
97.78% above the market average97.78% above the market average97.78% above the market average97.78% above the market average97.78% above the market average
93.75% above the sector average93.75% above the sector average93.75% above the sector average93.75% above the sector average93.75% above the sector average
Growth
63.85% below the market average63.85% below the market average63.85% below the market average63.85% below the market average63.85% below the market average
58.06% below the sector average58.06% below the sector average58.06% below the sector average58.06% below the sector average58.06% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

XLMedia Dividends

  Latest Previous
  Interim Final
Ex-Div 03-Oct-19 04-Apr-19
Paid 01-Nov-19 03-May-19
Amount 3.16¢ 4.02¢

Trades for 17-Feb-2020

Time Volume / Share Price
16:35 16,600 @ 28.60p
16:28 600 @ 29.10p
13:54 1,112 @ 29.00p
13:45 9,161 @ 28.66p
12:30 100,000 @ 29.00p

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