XLMedia Plc · OTC:XLMDF
XLMedia — H1 2024 Earnings Presentation
11 slides from XLMedia's earnings presentation, Sep 30, 2024
Slide 1: XLMedia H1 2024 Results
XLMedia | H1 2024 Results XLMEDIA H1 2024 RESULTS 30 September 2024
Slide 2: Introduction / Agenda
XLMedia | H1 2024 Results 2 INTRODUCTION AGENDA 1 Business Highlights 2 Financial Update 3 Summary DAVID KING, 4 Outlook CHIEF EXECUTIVE OFFICER
Slide 3: Revenue Summary H1 2024
XLMedia | H1 2024 Results 3 REVENUE SUMMARY H1 2024 TOTAL GROUP DISCONTINUED CONTINUING REVENUE BUSINESS1 REVENUE BUSINESS2 REVENUE $15.6m $5.2m $10.4m H1 2023: $29.4m, (47)% YOY H1 2023: $12.5m, (58)% YOY H1 2023: $16.9m, (38)% YOY 1 The Group classifies the sold Europe and Canada assets as disconti
Slide 4: Continuing vs Discontinuing
CONTINUING VS DISCONTINUING XLMedia | H1 2024 Results 4 REVENUE H1 2024 BUSINESS UPDATE H1 2024 H1 2023 Revenue ($m) Revenue ($m) For H1 2024 reporting, the Discontinued Business revenue Group Total Revenue 15.6 29.4 reflects only the first three months of trading in 2024 prior Discontinuing Business1
Slide 5: H1 2024 Business Mix
XLMedia | H1 2024 Results H1 2024 BUSINESS MIX 5 H1 2024 CONTINUING BUSINESS REVENUE SPLITS 31% 6% 95% 92% 69% 91% NORTH AMERICA SPORTS O&O2 CPA OTHER1 GAMING MPB REVENUE SHARE OTHER3 1 Other defined as a small residual income from O&O (Owned and Operated Portfolio) 3 Europe, principally from the leg
Slide 6: Financial Summary H1 2024 Continuing Business
XLMedia | H1 2024 Results 6 FINANCIAL SUMMARY H1 2024 CONTINUING BUSINESS TOTAL NORTH CONTINUING BUSINESS1 CONTINUING BUSINESS CASH AMERICA REAL REVENUE ADJUSTED EBITDA2 BALANCE4 MONEY PLAYERS3 $10.4m $0.9m 48K $19.4m H1 2023: $16.9m, (38)% YOY H1 2023: $3.2m, (72)% YOY H1 2023: 46K*, 4% YOY H1 2023
Slide 7: Continuing Business Adjusted EBITDA
CONTINUING BUSINESS ADJUSTED EBITDA XLMedia | 7 H1 2024 Results H1 2024 ADJUSTED EBITDA ALLOCATION H1 2024 ADJUSTED EBITDA RECONCILIATION REVENUE ($m) ADJUSTED EBITDA ($m) NORTH AMERICA OTHER TOTAL ($m) ($m) ($m) North America 9.8 0.8 Operating (loss) / profit (6.2) 0.1 (6.1) Other 0.6 0.1 Depreciati
Slide 8: Post Period All Historic Acquisition Liabilities Cleared in 2024
XLMedia XLMedia || Privileged H1 2024 Results & Confidential 8 8 POST PERIOD ALL HISTORIC ACQUISITION LIABILITIES CLEARED IN 2024 2023 ($m) H1 2024 ($m) H2 2024 ($m) In 2024, we cleared the final North American assets 4.0 - 4.0 $7.5m historic acquisition liabilities European assets 0.4 - - $3.5m paid
Slide 9: Outlook
XLMedia | H1 2024 Results OUTLOOK 9 Following the sale of the Europe and Canada assets, continuing revenues from the North American business for the period April to August have performed ahead of the prior year The usual acceleration in new customer acquisition at the start of NFL season in Septembe
Slide 10: Priorities Going Forward
XLMedia | H1 2024 Results 10 PRIORITIES GOING FORWARD Maximise North America SportsBettingDime rebuilt on Rightsize cost base short-term O&O opportunity WordPress with improved commensurate with US-led including building gaming design framework to improve organisation presence content visibility Exp
Slide 11: Thank You
XLMedia | FY 2023 Results THANK YOU CONTACT XLMedia plc Vigo Consulting David King, Chief Executive Officer Jeremy Garcia www.xlmedia.com Fiona Hetherington Kendall Hill ir@xlmedia.com via Vigo Consulting www.vigoconsulting.com Tel: 020 7390 0233