The company generated double-digit revenue growth in 2023. Team Internet Group (AIM: TIG), formerly known as CentralNic, previewed its 2023 earnings today. The company said gross revenue was around $835 million, gross profit was $190 million, ... Continue ReadingLeave a Comment
CentralNic rebrands as Team Internet
· Domain RegistrarsCentralNic adopts the name of a company it acquired in 2019. CentralNic, a rollup of domain name and online advertising companies, has changed its name to Team Internet Group. It's a name the company already had in its stable. It bought a domain ... Continue Reading1 Comment
CentralNic adds to advertising business with Adrenalads acquisitions
· UncategorizedCompany pays $2.35 million for company to integrate with Zeropark. CentralNic (AIM: CNIC) has acquired Los Angeles-based online advertising company Adrenalads for $2.35 million. The company had 2022 revenue of $2.7 million, with an adjusted ... Continue ReadingLeave a Comment
Update: the biggest .com domain name registrars
· Domain RegistrarsHere are the biggest and fastest-growing domain name registrars for .com domains. ICANN has published the latest official data from Verisign (NASDAQ: VRSN) about the .com namespace. This registrar-by-registrar report covers April 2023. On the ... Continue ReadingLeave a Comment
Growth slows at CentralNic
· Domain RegistrarsOrganic growth rate slows; company continues aggressive share buybacks. Domain name and online advertising rollup CentralNic (AIM: CNIC) announced preliminary results today for the first half of 2023. The company has slowed down its acquisition ... Continue Reading1 Comment
CentralNic massively expands share buyback program
· Domain RegistrarsCompany now plans to spend up to £34 on shares. CentralNic (AIM: CNIC) plans to return a lot more capital to shareholders via share buybacks than previously planned. About six weeks ago, the company announced its second-ever buyback program ... Continue ReadingLeave a Comment
The CentralNic story – DNW Podcast #442
· PodcastsHow CentralNic grew into a large domain and advertising company, and why it's shifting its approach to M&A. CentralNic (LON: CNIC) is one of the most interesting companies in the domain name space. It started as a third level domain registrar ... Continue Reading5 Comments
CentralNic to buy another £4 million of shares
· UncategorizedCompany continues to return capital to shareholders instead of investing all of it into new acquisitions. CentralNic (London AIM: CNIC) announced another share buyback today. The buyback is the second buyback the company has initiated, with its ... Continue Reading1 Comment
CentralNic reports Q1, announces Microsoft deal and board changes
· Domain RegistrarsCompany diversifies revenue stream with Microsoft deal. Domain name and online advertising company rollup CentralNic (London AIM: CNIC) released news this morning. First, on the earnings front, the company expects to report $194.9 revenue for Q1 ... Continue ReadingLeave a Comment
CentralNic’s annual report outlines big strategic shift
· Domain RegistrarsCompany plans to harvest some of its free cash flow. CentralNic (AIM: CNIC) published its annual report (pdf) this week. The rollup of domain name and traffic monetization companies is entering a new phase with a new CEO, and three things stuck out ... Continue ReadingLeave a Comment