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XL Media

September 2016

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:
  • 86p
A short update from XLM said H1 to end June had been strong with revenues of US$51m and EBITDA of “at least US$17m,” which represents growth of 30%+ over the previous year.The high margin Publishing division was particularly strong. Trading reflected increased product and geographic diversification: Scandinavia now represents less than half of revenues (48%) whilst North America is up to 17%. The group's largest customer was 7% of revenues (down from 11% in H1 15). Gambling revenue was 70% of the total with the balance from social gaming and other verticals.Liberum’s forecast of US$29.8m pretax profit equates to eps of 8.8p and has been enhanced by the translation at current FX rates. The forecast implie ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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