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LADbible owner LBG Media deepens its footprint in the US

Client retention and acquisition rates are heading in the right direction
LADbible owner LBG Media deepens its footprint in the USPublished on January 22, 2025
  • Investments press on margins
  • Betches integration progressing well

Following a change in its year-end, LBG Media (LBG) â€“ probably better known as LADBible Group â€“ has reported its statutory release for the nine months to 30 September 2024. In short, the digital entertainment business produced results ahead of market expectations, with adjusted cash profit up by 16 per cent when the change to the reporting date is factored in. The related margin was constrained by further investments in the company's direct and web segments, both of which are providing cause for confidence.

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