An update from XLMedia ( (GB:XLM) ) is now available.
XLMedia has provided an update on the performance-related consideration following the sale of its North America Business to Sportradar AG. The consideration was initially set at up to $30 million, with $20 million already paid and an additional $1 million confirmed based on performance metrics. Additionally, XLMedia is set to receive $7.5 million from the sale of its European assets to Gambling.Com Group Limited, with potential earnout payments up to $5 million. The total expected earnout from both disposals aligns with previous estimates of $3 million to $5 million.
More about XLMedia
XLMedia is a company that has recently disposed of its sports and gaming digital media operations.
YTD Price Performance: 14.64%
Average Trading Volume: 3,281,805
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £14.28M
For an in-depth examination of XLM stock, go to TipRanks’ Stock Analysis page.