XLMEDIA PLC — Earnings Release 2018

Jan 17, 2019

National Storage Mechanism | Additional information

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RNS Number : 3174N

XLMedia PLC

17 January 2019

For immediate release	17 January 2019

XLMedia PLC

("XLMedia" or the "Group" or the "Company")

Trading Update

XLMedia (AIM: XLM), a leading provider of digital performance marketing services, is pleased to provide an update for the year ended 31 December 2018.

XLMedia confirms that trading in the second half of 2018 continued to strengthen with the Group proactively focusing on higher margin business.  As a result of this overall margin improvement, the Group expects to report EBITDA in line with current market expectations, achieved against lower revenue base of approximately $118 million.

The Company has a material cash balance and continues to generate strong cash flows from operations. 

The Company is focused on growing the higher margin publishing division within its key strategic verticals: Gaming (including the newly re-regulated US Gambling market), and Personal Finance. The Company looks forward to providing a more detailed update to the market as part of the full year results announcement.

The Company will publish final results for the year ended 31 December 2018 in March 2019.

For further information, please contact:

# XLMedia plc # Chris Bell, Non-executive Chairman # Ory Weihs, Chief Executive Officer # www.xlmedia.com	Via Vigo Communications
# Vigo Communications # Jeremy Garcia / Fiona Henson / Simon Woods # www.vigocomms.com	Tel: 020 7390 0230
# Cenkos Securities plc (Nomad and Joint Broker) # Giles Balleny / Callum Davidson # www.cenkos.com	Tel: 020 7397 8900
# Berenberg (Joint Broker) # Chris Bowman / Mark Whitmore / Laure Fine # www.berenberg.com	Tel: 020 3207 7800

The information contained within this announcement (the "Announcement") is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this Announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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