XLMedia PLC (LON:XLM) is an AIM listed digital and performance marketing company. The highly cash generative business was founded in 2008 by three Israelis, Assaf Levy, Ory Weihs and Yaron Nahari. The company went on to successfully IPO on the London Stock Exchange in 2014. At the end of IPO year, revenues were $50.7m and have since grown to $138m (FY17). Over that period the business has expanded beyond Europe, growing operations in North America, Oceania and Asia.
During the last 12 months the company has experienced a dramatic decline in its share price. The 52 week high was 218p, a distant climb from the current 75p. In a recent stock screen of the whole LSE, XLM stood out with an historic earnings PEG ratio of 0.7x and an attractive dividend yield. This was a company that required further investigation.
The XLM senior management team includes the following experienced individuals:…
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