XLMedia announced full-year results in-line with the January trading update and with our expectations. XLMedia's reformation as a US Sports-led business continued to take shape over the year and still holds significant future growth opportunities. XLMedia trades on an FY1 Adj EV/EBITDA multiple of 2.5x, which is a significant discount to UK marketing peers on 6.5x.
30 Mar 2023
Cenkos: XLMedia Plc -- Annual Results In-Line
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Cenkos: XLMedia Plc -- Annual Results In-Line
XLMedia Plc (XLM:LON) | 12.2 0 0.0% | Mkt Cap: 31.8m
- Published:
30 Mar 2023 -
Author:
Andrew Renton -
Pages:
6
XLMedia announced full-year results in-line with the January trading update and with our expectations. XLMedia's reformation as a US Sports-led business continued to take shape over the year and still holds significant future growth opportunities. XLMedia trades on an FY1 Adj EV/EBITDA multiple of 2.5x, which is a significant discount to UK marketing peers on 6.5x.