Overview
XLMedia (AIM: XLM) is a sports and gaming digital media company that creates compelling content for highly engaged audiences and connects them to relevant advertisers.
The Group manages a portfolio of premium brands with an emphasis on regulated markets and responsible gaming. XLMedia brands are designed to reach passionate people, build relationships, and provide the right advertisements at the right time to the right audiences.
Recent News
On 21 March 2024, XLMedia announced that it had entered into a binding agreement for the sale of its Europe and Canada sports betting and gaming assets to Gambling.com Group Limited for a total consideration of up to $42.5 million including a fixed sum of $37.5 million plus a potential earnout of up to $5.0 million. The transaction completion date is 1 April 2024.
The Group continues to focus on North America including expanding its footprint, deepening audience relationships and diversifying revenue streams with the goal of more predictable, stable income. Additionally, the Business will seek to build its Gaming vertical in select markets.
