XLMedia

XLMedia is reporting strong growth in its latest half year results, despite the pressures on the affiliate marketing business model.

Revenues for the first half of 2015 increased by 85% to $36.8 million with pre-tax profits up 187% to $13.2 million.

“We are delighted to report another record breaking six months,” commented CEO Ory Weihs.

“During the first six months of the year we continued to develop the business and invest in our main technology and mobile capabilities, which further underpin our key revenue and profit drivers.”