Updating the market, London AIM-listed industry affiliate marketing and player acquisition firm XLMedia has confirmed that it has moved to acquire Marmar Media outright. Moving forward, XLMedia will purchase the remaining 46% of Marmar Media equity for a reported sum of $2.4 million (€2 million). Seeking to expand its mobile marketing capabilities, XLMedia first acquired a 54% stake in Israel-based …
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XLMedia posts consecutive ‘Record Breaking’ year
London AIM listed industry marketing specialist XLMedia Plc has recorded a pre-tax profit of $24.3 million for its full year 2015 performance (period ending 31 December) up 84% on FY 2014’s $13.2 million. XLMedia would record a revenue increase to $89 million up 76% on 2014’s $50.7 million, as the company reported core metric growth on all its channels. Furthermore, …
Read More »XLMedia beats 2015 market guidance
Reporting a strong finish to 2015, London AIM listed online gaming marketing services provider XLMedia Plc lifted its year end guidance, outlining that its core performance metrics would beat market expectations. XLMedia governance detailed that its FY 2015 revenues would reach an estimated $87 million (£60 million). Its strong revenue growth, would be further supported by EBITA earnings of circa …
Read More »XLMedia acquires Marmar media for $7.3 million
London AIM listed igaming marketing firm XLMedia has continued its corporate expansion through acquisition, with the conformation of its majority stake purchase in digital and mobile marketing services operator Marmar Media. XLMedia governance confirmed that it had agreed to acquire a 54% stake in Marmar Media for a cash consideration of $7.36 million (£4.7million). XLMedia expects the acquisition to immediately …
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