Added to YB: 2024-11-07
Pitch date: 2024-11-05
XLM.L [bullish]
XLMedia PLC
-45.73%
current return
Author Info
Undervalued and undercovered searches for undervalued stocks with little coverage. Sign up for the newsletter.
Company Info
XLMedia PLC operates as a digital media company that creates content for audiences and connects them to relevant advertisers in North America and Europe.
Market Cap
GBP 18.1M
Pitch Price
GBP 0.12
Price Target
0.20 (+204%)
Dividend
N/A
EV/EBITDA
1.51
P/E
-2.74
EV/Sales
-0.95
Sector
Interactive Media and Services
Category
special_situation
XLMedia: Cash Shell with $72.5 Million Cash and a $40 Million Market Cap
XLM.L: Cash shell post-asset sales. $72.5M cash vs $40M market cap. N. American sale ($30M) vote Nov 5. European sale ($42.5M) + $12.5M potential. 21.2p/share implied vs 6.6p pre-announcement. 20-68% upside by Apr 2025. Catalysts: Nov 7 AGM, distribution announcements. 19% near-term return, 40% in 7 months possible.
Read full article (2 min)