XLMedia PLC: Final Results for the Year Ended 31 December 2014

XLMedia (AIM: XLM)("XLMedia" or "the Group" or "the Company"), a leading provider of digital performance marketing services, is pleased to announce its final results for the year ended 31 December 2014.

Financial highlights

• Revenues increased 47% to $50.7 million (2013: $34.5 million)
• Revenues include 30% organic growth as well as additional $6 million from EDM
• Gross profit increased 35% to $27.6 million (2013: $20.5 million)
• Adjusted EBITDA increased 28% to $17.0 million (2013: $13.3 million)
• Profit before tax increased 14% to $13.2 million (2013: $11.7 million)
• Net cash from operating activities increased 42% to $16.9 million (2013: $11.9 million)
• Cash and short term investments of $44.1 million (2013: $15.9 million)
• Maintained progressive dividend policy with payment of 1.576 cent per share and total 2014 dividend payment of 3.156 c per share

Business highlights

• A year of significant strategic progress for the Group
  • Successful IPO on AIM in March
  • Key strategic targets of organic and acquisitive growth achieved
• Acquisitive progress during 2014
  • Publishing – acquired a UK sports betting information website, a Danish focused network of information website and bolt on acquisitions of websites and domains targeted at the North American markets
  • Media – acquired EDM, a leading social and mobile gaming marketing company
  • By 31 December 2014 XLMedia had completed the planned integration of acquired businesses into our operations, and the acquisitions are performing as expected or above expectations
• Increase of presence in regulated markets including the U.S and the U.K through a combination of acquisitions and organic growth
• Expansion into new product verticals with the addition of social gaming which has extended the Groups’ customer base and further diversified our marketing channels
• Invested in talent, management systems and infrastructure to create a platform capable of supporting the next phase of growth

Ory Weihs, Chief Executive Officer of XLMedia, commented:

"We are very pleased to report our final 2014 results which exceeded expectations. The last 12 months have been truly ground-breaking for the Group with our successful IPO in March 2014, and the completion of a number of strategically important acquisitions alongside a strong organic growth performance.

"In addition, and by no means less important, we have strengthened our management teams, infrastructure and systems and recruited more employees to the Group. I believe we are well positioned to successfully execute our ambitious growth plans and to deliver another positive year of growth.”

Current Trading and Outlook

The Group has made an excellent start to 2015, underpinned by new product verticals and strong customer traction, and continues to trade in line with market expectations. The Board believes that the outlook for 2015 remains positive with growth set to continue.

A full copy of the results statement will be available at the following address:

http://www.xlmedia.com/regulatory-news/

Our full annual financial statements are available on our website at the following address:

http://www.xlmedia.com/company-reports/

Our updated investor presentation is also available on our website at the following address:

http://www.xlmedia.com/media/