XLMedia Plc · OTC:XLMDF
XLMedia — Shareholder Meeting (June 2024)
14 slides from XLMedia's shareholder meeting presentation, Jun 28, 2024
Slide 1: XLMedia Annual General Meeting 2024
XLMedia | AGM 2024 XLMEDIA ANNUAL GENERAL MEETING 2024 28 JUNE 2024
Slide 2: Introduction
XLMedia | AGM 2024 2 INTRODUCTION Delivering XLMedia’s stated strategy and shareholder value MARCUS RICH, DAVID KING, NON-EXECUTIVE CHAIR CHIEF EXECUTIVE OFFICER IN ATTENDANCE PETER MCCALL, JULIE MARKEY, COMPANY SECRETARY NON-EXECUTIVE DIRECTOR
Slide 3: Key Financial Summary
XLMedia | AGM 2024 3 KEY FINANCIAL SUMMARY FY 2023 CONTINUING CONTINUING TOTAL REAL OPERATIONS1 REVENUE ADJUSTED EBITDA MONEY PLAYERS $50.3m $12.1m c. 160K 2022: $70.9m, (29)% YOY 2022: $18.9m, (36)% YOY 2022: 180K, (11)% YOY 1. Continuing operations is defined as total Group financial performance exc
Slide 4: Group 2023 Full Year Results
XLMedia | AGM 2024 GROUP 2023 FULL YEAR RESULTS 4 FY 2023 CONTINUING BUSINESS REVENUE SPLITS 27% 45% 27% 39% 42% 54% 19% 55% 73% 61% 52% NA SPORTS NORTH AMERICA SPORTS O&O CPA EU SPORTS EUROPE GAMING MPB REVENUE SHARE GAMING1 OTHER2 1. Gaming includes EU and NA with a O&O (Owned and Operated Portfol
Slide 5: Revenue Type & Adjusted EBITDA Splits
REVENUE TYPE & ADJUSTED EBITDA SPLITS XLMedia | 5 AGM 2024 GROUP REVENUE SPLIT BY TYPE (%) ESTIMATED ADJUSTED EBITDA ALLOCATION REVENUE ($m) ADJUSTED EBITDA ($m) North America 27.5 5.5 Europe 22.8 6.6 Total 50.3 12.1 ● The Group runs its operations on an integrated basis, sharing cost and resource w
Slide 6: Adjusted EBITDA
XLMedia XLMedia || Privileged AGM 2024& Confidential 6 6 ADJUSTED EBITDA Following a net impairment of $44.6m on acquired assets, the Group recognised an operating loss from continuing operations of $44.9m (2022: $6.2m profit) and Adjusted EBITDA from continuing operations of $12.1m (2022: $18.9m) 202
Slide 7: Post Balance Sheet Event
XLMedia | AGM 2024 7 POST BALANCE SHEET EVENT TRANSACTION UPDATE BUSINESS UPDATE On 21 March 2024, XLMedia announced that it had The Group will support the migration of the assets for a entered into a binding agreement for the sale of its period of six months while rightsizing the remaining Europe a
Slide 8: 2024: Maximise Value of US Business
XLMedia | AGM 2024 8 2024: MAXIMISE VALUE OF US BUSINESS Managing the impact of Growing North America Currently no confirmed US Europe asset sale on working gaming and optimise trading in state launches capital existing states Rightsize cost base Deepen Media Partner Clear historic liabilities and co
Slide 9: Outlook
XLMedia | AGM 2024 OUTLOOK 9 Q1 2024 saw a solid start to the year in Europe and North America North Carolina launched online sports betting in mid-March post NFL season, delivering a strong performance with c.15,000 RMPs in the month Retain focus on revenue diversification and continue to optimise e
Slide 10: Q&A
XLMedia | AGM 2024 10 Q&A MARCUS RICH, DAVID KING, NON-EXECUTIVE CHAIR CHIEF EXECUTIVE OFFICER IN ATTENDANCE PETER MCCALL, JULIE MARKEY, COMPANY SECRETARY NON-EXECUTIVE DIRECTOR
Slide 11: Resolutions
XLMedia | AGM 2024 11 Resolutions
Slide 12: Resolutions to Be Considered
XLMedia | AGM 2024 12 RESOLUTIONS TO BE CONSIDERED *DENOTES SPECIAL RESOLUTIONS RESOLUTION DESCRIPTION 1 To Receive the Financial Statements for the Year Ended 31 December 2023 2 To Re-appoint Ory Weihs as Director of the Company 3 To Re-appoint Kost Forer Gabbay & Kasierer as Auditors of the Compan
Slide 13: Proxy Votes Received in Advance
XLMedia | AGM 2024 PROXY VOTES RECEIVED IN ADVANCE 13 FOR AGAINST WITHHELD % VOTES % VOTES VOTES CAST (EXCL. RESOLUTION DESCRIPTION VOTES VOTES VOTES CAST CAST VOTES WITHHELD Accept Financial Statements and 91.52 101,060,182 8.48 9,367,892 267,553 110,428,074 1 Statutory Reports 2 Re-appoint Ory Wei
Slide 14: Thank You
XLMedia | AGM 2024 THANK YOU CONTACT XLMedia plc Vigo Consulting David King, Chief Executive Officer Jeremy Garcia www.xlmedia.com Fiona Hetherington Kendall Hill [email protected] via Vigo Consulting www.vigoconsulting.com Tel: 020 7390 0233