XLMedia expects FY22 revenue of $73.7m in latest trading update

In its latest trading update, XLMedia noted that it expects full-year consolidated results for the year ended 31 December 2022 (FY22) to be in line with expectations. Such results include revenue of approximately $73.7m, compared to $66.5m in the prior-year period, and adjusted EBITDA in the range of $16.1m to $16.6m. The group noted that revenue from Sports and Gaming was up 27% from $54.6m in 2021 to $69.6m in 2022, with adjusted EBITDA from ...