Domain name investment company Communicate.com (OTC: CMNN.ob) announced earnings today. Communicate.com owns high profile domains like Importers.com and Perfume.com.
Communicate.com’s results point to the good health of the domain name industry:
– Record nine month revenues of $3,046,040 million compared to $2,046,372 for the same period of 2004
– Record nine month net income of $365,751 compared to $303,352 for the same period of 2004
– Record nine month product sales of $2,201,855 compared to $1,048,483 for the same period of 2004
– Record third quarter revenues of $1,017,659 compared to $817,156 for the same period of 2004
– Eleventh-consecutive positive net income quarter
Anthony says
I’d be surprised if you didn’t own some shares of Communicate.com, so I’ll ask if you were disappointed that they delayed their new etail store body.com to the first quarter of 2006? I was disappointed, but looking at how perfume.com is ranking and gaining new customers, even without body.com, it sounds like fourth quarter sales are going to be the company’s highest in their history according to Pres. David Jeffs! Just wanted to know what you thought. Thanks.
Editor says
I suppose I should put a disclaimer that I own CMNN (I also own Marchex). It’s a great way to buy a “share” in a bunch of good domain names and share in the upside. Like you, I’m not too concerned about body.com not hitting until after the holidays. Importers.com and Perfume.com seem to be doing really well. It will be interesting to see how the FrequentTraveler flotation affects the stock.
John says
Looks like Perfume.com Sales are up 268% over last year!
http://biz.yahoo.com/bw/051129/20051129005824.html?.v=1
Looks like shares are moving up on good volume over the past couple of days.
Always good to see a company doing something great with these generic domains. It increases the value of all of them when someone demonstrates the value of one. As they clearly have with Perfume.com.