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BUSINESS HIGHLIGHTS

The Group: Financial highlights FY21

RMPs

Revenue

New money

EBITDA

Adj. EBITDA

Net profit

456,379

$66.5 million

$42.3 million

$10.9 million

$17.9 million

$5.6 million

Business highlights

  • • Robust financial performance across FY21, underpinned by strong performance from Sports

  • • North America year-on-year revenue increase of 178%

    • • Seasonal growth in 20/21 was 574%

    • • Strategic acquisitions (Sports Betting Dime & Saturday Football Inc) creating infrastructure to capitalise upon ongoing legalisation of North American sports gaming market

    • • Investment in new revenue streams with media partnerships

  • • Financial performance bolstered by a renewed focus on cost reduction

    • • On track to complete organisational redesign and rationalisation in H1 2022

    • • Rightsized and focused on addressing high growth regulated markets

    • • Delivering annualised gross cost savings of $5-6 million

  • • Acquisition of BlueClaw, multi award-winning SEO and digital PR agency

  • • Group focus on expanding portfolio of premium branded assets whilst delivering operational efficiencies

  • • Signed key commercial and partnership agreements in North America

    A strong start to 2022

    • • AMNY, leading news site in Manhattan and New York City

  • • North American Sports season YOY revenue increase of 574%

    • • 20/21 season generated $5.7 million

    • • 21/22 season (yet to conclude) stands at $38.4 million; positively impacted by New York state legalisation

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XLMedia plc published this content on 29 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 March 2022 07:13:02 UTC.