The Group is pleased to report significant acquisition momentum which continues to drive geographical and sector expansion. Download our 2017 Financial Statements (PDF).
Ory Weihs, Chief Executive Officer
“We are delighted to have delivered another record performance for the Group, underpinned by our clear strategic vision. Our recent entry into the personal finance sector is already delivering tangible benefits with potential for further upside, while the core activities continue to deliver solid growth.
Elsewhere, core markets continue to perform well, and alongside the acquisitions and ongoing investment in technology, we are confident these will generate significant returns.
Further to the fundraising completed in January, we believe we will be able to capitalise on our acquisition pipeline in addition to growing the business organically. The Board remains focused on continuing to deliver further progress and shareholder value.”
2017 Full Year Results Webcast
During the course of 2017, XLMedia delivered further progress against the Group's strategic plan of generating organic growth alongside acquisition-led expansion into new markets and verticals
GROSS PROFIT +37%
PROFIT BEFORE TAX +27%
2017 key transactions included
- Personal finance acquisitions
GreedyRates, a Canadian credit card comparison portal, and Money Under 30, a US personal finance website, now both fully integrated
- Mobile apps acquisition
ClicksMob, a mobile performance-based user acquisition platform
- Entrance into the high growth cyber security sector
Acquisition of Securethoughts, a US cyber security comparison website
- Expansion into Romania
Completed the acquisition of Pontri Bune, a Romanian portfolio of publishing assets, leveraging the Group’s affiliate license in a growing regulated market