XLMedia, PLC

XLMedia (AIM: XLM), a leading provider of digital performance marketing services, is pleased to announce its final results for the year ended 31 December 2016.

07.03.2017 - 08:01:43

XLMedia PLC : Final Results for the Year Ended 31 December 2016

Strong organic growth in the publishing business, mainly in English speaking markets and non-Scandinavian European markets; Significant progress in the media segment underpinned by strong mobile penetration: Dau-Up received Facebook marketing partner status for technology; New mobile offering enabling additional performance models (incl. revenue share); Continued diversification of the business: The gambling sector represented 70% of Group revenues in 2016 (2015: 74%, 2014: 83%); The Group’s largest customer accounted for 7% of total revenues in 2016 (2015: 9%, 2014: 15%); Revenues from Scandinavia were 32% of the Group’s revenues with an additional 27% from other European countries and 21% from North America.

Post period end – further diversification through acquisitions

Acquisition of mobile platform ClicksMob Inc (“ClicksMob”): Provides performance-based user acquisition to leading apps; Strong mobile user acquisition technology; and An established customer base in Asia and in non-gambling verticals such as e-commerce, travel, entertainment and finance. Acquisition of Greedyrates.ca (“Greedyrates”): Greedyrates is one of Canada’s leading credit card comparison websites; Increases the Group’s North American customer base; and Further demonstrates XLMedia’s ability to diversify its revenue streams – this time into the financial services sector.

Ory Weihs, Chief Executive Officer of XLMedia, commented:

“We are proud to have delivered another record breaking year in which we have made further progress in executing on our strategic priorities and generated significant value for our shareholders. Our strong financial performance coupled with our ability to maintain a market leading position is supported by our commitment to invest in proprietary products whilst integrating complementary acquisitions.

“The Board would like to thank management and our employees for another excellent year of results and remain committed to delivering further progress in 2017.”

Our full annual financial statements are available on our website at the following address:
http://www.xlmedia.com/company-reports/

For our Company presentation please visit:
http://www.xlmedia.com/media/

A webcast of our results presentation will be available on our website later today:
http://www.xlmedia.com/media/

A presentation for retail and private investors will be held at 4.00pm on Wednesday 8 March 2017 at the offices of Berenberg (60 Threadneedle Street, London EC2R 8HP). Admittance is strictly limited to those who register their attendance for the event. To register, please contact Vigo on xlmedia@vigocomms.com.

@ businesswire.com

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