London AIM listed igaming marketing and player acquisition specialist XLMedia published its year end 2014 financial performance recording top line metric growth on all key metrics.
A successful 2014, saw XLMedia increase gross revenues by 47% to $50.7 million (FY 2013: $34.5 million). The operator was able to report EBITDA growth of 28% to $17 million (FY 2013: $13.3 million). Year-end profits before tax increased 14% to $13.2 million (FY 2013: $11.7 million)
XLMedia governance pointed to the company’s successful strategic acquisitions within igaming marketing as its key performance driver. Following its London AIM IPO in March 2014, XLMedia delivered numerous acquisitions which helped the company expand its services within regulated markets including the UK and USA.
During 2014 XLMedia were successfully able to expand its marketing services into new verticals such as financial services and social gaming. Governance noted that its 2014 acquisition of ExciteAd Digital Marketing had helped the company diversify its services offering for new verticals
XLMedia were pleased to announce that the company had improved its operational infrastructure during 2014, investing more $1.65 million into company operations in order to support its international expansion. Company governance stated that the company was confident of expanding its services and marketing strategy in 2015 into new markets.
XLMedia CEO Ory Weihs commented on 2014 Performance
“2014 has been a truly transformational year for the Group in which we’ve expanded our operational footprint and delivered growth with revenue up 47% and Gross Profit up 35% compared with FY 2013, underpinned by a combination of the positive impact from acquisitions and strong levels of organic growth across segments.”
“The demand for performance based marketing services remains strong and we feel confident in our ability to execute our growth plans. Following our strong 2014 performance we are pleased to announce a final dividend of 1.576 cent per share. This totals full year 2014 dividends of 3.156 cent per share, an increase of 14% (2013: 2.768)”
XLMedia 2014 Performance Overview