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XL Media

March 2017

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.

  • Epic Code:
  • XLM
  • Price:
  • 109p
XLM has acquired ClicksMob, a mobile performance marketing platform, for US$5.1m cash. ClicksMob specialises in user acquisition for leading apps across ecommerce, travel, entertainment and finance. The business had sales of US$16.3m and profit before tax of US$0.3m and the deal is said to be eps enhancing from day one.  The addition of ClicksMob will provide XLM with a significant presence in Asia, which accounted for 30% of ClicksMob’s 2016 revenue vs XLM with 2% in Asia.   Ahead of reporting full year results on 7 March, XLM has said FY16 sales were up 15% to US$103m with EBITDA (before expenses related to acquisitions) up 21% to at least US$34.5m, which was mostly driven by strong growth in the high m ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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