Company 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
CentralNic posts unaudited financials and claims to be an AI company
· Domain RegistrarsEveryone's an AI company now. Sometimes I feel like CentralNic (AIM: CNIC) releases its earnings the same way I was taught to write an essay in school: first, explain what you're going to write. Then write it. Then explain what you just ... Continue ReadingLeave a Comment
CentralNic revenue grew 77% last year
· Domain ParkingCompany reports strong growth thanks to advertising business. Today, domain name and online advertising rollup CentralNic (AIM: CNIC) provided its first estimate of revenue and earnings for last year. The company expects to report gross revenue ... Continue ReadingLeave a Comment
CentralNic plans first share buyback program
· UncategorizedCompany to buy back up to £4 million of shares. CentralNic (AIM: CNIC) announced its first ever share buyback program today. Under the terms of the program, CentralNic will buy back up £4 million of shares between now and June 30, 2023. ... Continue Reading1 Comment
CEO exodus – 2022 top stories
· UncategorizedThere were three surprising CEO changes at domain companies this year. There were several surprising changes in the c-suite at domain companies this year, mostly coming at the tail end of the year. In chronological order, here are three CEOs ... Continue Reading1 Comment
CentralNic goes vertical with another acquisition of traffic sources
· ServicesCompany acquires more of its traffic sources. CentralNic (AIM: CNIC), a rollup of domain name and online advertising businesses, announced a small acquisition today. The company is paying $5.2 million for a collection of "revenue generating ... Continue ReadingLeave a Comment
Michael Riedl replaces Ben Crawford as CentralNic CEO
· Domain RegistrarsA surprise leadership change at CentralNic. Ben Crawford has retired from CentralNic (AIM: CNIC) after leading the company as CEO since 2009. He is also departing the board. The company's CFO, Michael Riedl, has been promoted to CEO. Riedl came ... Continue ReadingLeave a Comment
CentralNic reports full results through Q3
· Domain RegistrarsCentralNic continues to grow revenue thanks to its advertising business. CentralNic (AIM: CNIC) has published its official results through Q3 this year after previewing them last month. Revenue year to date increased by 88% to $526.7 million, ... Continue ReadingLeave a Comment
