XLMedia (#XLM) – proposed cancellation from AIM and liquidation process
- 2025-05-19 06:56:23
UK 03:08 Sunday, 27 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
XLMedia (XLM) has issued a “Divestment of Europe and Canada assets” announcement headlined “Binding agreement to sell Europe and Canada assets for a total consideration up to $42.5 million”. What of the shares currently more than doubling to 13.75p in response?
Describing itself as “a leading global digital media company”, XLMedia (XLM) has issued a “pre-close trading update” including noting “the withdrawal of the Barstool brand (a major partner for XLMedia), from the market and the subsequent launch of ESPNbet has resulted in a significant change in the revenue profile of the group's North American activities”. A current approaching 12% lower share price at 6.5p suggests that’s not a revenue profile change in a good way.
Last month XLMedia (XLM) updated including that “a number of its casino sites have been manually demoted by Google… A process of review is now taking place, with a view to resolving any issue as soon as possible… The company confirms that the group's other online publishing assets remain unaffected”. Now a “Business and Trading Update” and “Senior Management Appointments”…
Self-styled “a leading provider of digital performance marketing services”, XLMedia (XLM) has updated including that it “continues to trade in line with management expectations with our focus firmly on increasing the group's exposure to higher margin publishing activities as set out in February 2019”…
Digital marketing company XLMedia (XLM) has updated including that it “has identified a number of Publishing growth opportunities in North America… in order to best capitalise on the opportunities available, the board has taken the decision to proactively reduce all the group's non-core, lower margin Media activities”. The shares have responded… er, currently more than 30% lower to below 55p. Hmmm…
A Trading update from self-styled “a leading provider of digital performance marketing”, XLMedia (XLM) includes “underlying trading in the year to date has been stable with the group actively deciding to focus on higher margin business and ceasing certain lower margin media buying activities”. Hmmm, so why a current approaching 30% share price decline, towards 120p?...
