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XLMedia

April 2022

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

I included a big write up on XLM last month and it’s nice to see things shape up as expected in the FY21 results, resulting in a spike in the shares. Sales were up 21% to US$66.5m, of which the sports vertical tripled to US$31.4m. The less important segments were Personal Finance (US$8.7m; recovery underway) and European Casino (US$23.2m; now run on a low cost base and is no longer a headache). Adjusted pretax profit was ahead of previous guidance at US$11m versus US$3.7m. Net cash: US$24.6m. US Sports is now operating across 15 states vs eight last year with a year end audience of 17.8m monthly users. US sports’ 2021 exit rate and start to 2022 is strong, with XLM generating c.US$38.4m of sales so far during the current sports se ...

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Zotefoams

Ergomed

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XLMedia - Significant asset disposal for US$42.5m (April 2024)

XLMedia (August 2023)

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XLMedia (October 2022)

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XLMedia (March 2022)

XLMedia - Third US sports acquisition (October 2021)

XLMedia - New York sports betting could grow at warp speed (August 2021)

XLMedia (June 2021)

XLMedia - SportsBettingDime electrifies US prospects (April 2021)

XLMedia - Seems past the worst (March 2021)

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XLMedia - Resubmitting to Google in next 2 months - looks a buy (November 2020)

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XLMedia - Possible buyer for Finnish casino assets (July 2020)

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XLMedia - 2020 to be an investment year (January 2020)

XL Media (October 2019)

XLMedia (September 2019)

XLMedia - Tender offer at 80p demonstrates undervaluation (August 2019)

XLMedia - PE of just 4.6 (adjusted for cash) (July 2019)

XL Media (March 2017)

XLM - First acquisition outside online gaming space (February 2017)

XL Media (November 2016)

XL Media (September 2016)

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XL Media - Has paid US$21.5m in dividends in 22 months but is still unloved (February 2016)

XL Media - Broker draws comparison with MoneySupermarket on 23x eps forecast (December 2015)

XL Media - Prospective PE 8.9 and US$40m cash (November 2015)

XL Media - Upgrading the upgrade (October 2015)

XL Media - Blistering H1 EBITDA growth +80% (August 2015)

XL Media (July 2015)

XL Media - Confirms strong start to the year (June 2015)

XL Media (April 2015)

XL Media (February 2015)

XL Media - Forecasts lifted for second time in two months (October 2014)

XL Media - Buys UK sports betting assets (September 2014)

XL Media - Record H1; sales ahead 22% (August 2014)

XL Media - Promises eps accretive deal during H2 (June 2014)

XL Media - Growing at warp speed (April 2014)

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XLMedia

April 2022

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