Topline up 225%; organic growth is 6%. Domain name company CentralNic (London AIM: CNIC) reported first-half earnings today. Thanks to acquisitions, its top line grew by 225% compared to the first half of 2018: Its organic growth was ... Continue ReadingLeave a Comment
CentralNic acquires Hexonet reseller for $3.4 million
· Domain RegistrarsCompany closes Hexonet transaction and buys one of its resellers. Domain name company CentralNic (AIM: CNIC) has completed its acquisition of Hexonet, and scooped up one of its resellers for another NZD $5.2 million (USD $3.4m). It's noteworthy ... Continue Reading2 Comments
CentralNic completes Melbourne IT acquisition, should close Hexonet next week
· Domain RegistrarsCompany integrated two domain businesses funded by bond sale. CentralNic (AIM: CNIC) has completed its acquisition of what was left of the former Melbourne IT's reseller business. Called TPP Wholesale, the division includes a strong reseller base in ... Continue Reading1 Comment
CentralNic to acquire Hexonet for €10.0 million
· Domain RegistrarsDomain company continues to consolidate the domain industry. Fresh off a bond issue of €50 million, domain name company CentralNic (London AIM: CNIC) is acquiring domain name registrar Hexonet for €10 million. Hexonet is a reseller platform and also ... Continue Reading3 Comments
CentralNic raises €50 million in bond issue
· ServicesCompany raises debt to pay for acquisition. Domain name company CentralNic (AIM: CNIC) has successfully raised €50 in a bond issue. It will use some of the money to complete its acquisition of Melbourne IT's reseller business called TPP Wholesale. ... Continue ReadingLeave a Comment
CentralNic buys rest of Melbourne IT’s reseller business for AUD $24 million
· Domain RegistrarsCentralNic bulks up in Australia by acquiring carveout of what used to be Melbourne IT. Domain name company CentralNic (London AIM: CNIC) is acquiring TPP Wholesale from ARQ Group Limited (ASX: ARQ), formerly known as Melbourne IT. The company will pay ... Continue Reading3 Comments
.Blog jumps from Nominet to CentralNic
· ServicesCentralNic wins another registry contract. Automattic, the company behind WordPress, is switching backend registry providers for its .blog top level domain name. The company has used Nominet since the launch but will switch to CentralNic (London ... Continue ReadingLeave a Comment
CentralNic revenue doubled in 2018
· ServicesAcquisitions boost CentralNic in 2018. Domain name company CentralNic (London AIM: CNIC) reported full year 2018 results today. The company's revenue doubled to £42.7 million and gross profit was up 69% to £19.7m. Adjusted EBITDA, which excludes ... Continue ReadingLeave a Comment
Moniker to take over Alpnames domain names
· Domain RegistrarsCentralNic registrars will pick up 680,000 domain names. Three domain name registrars owned by CentralNic (London AIM: CNIC) will take over the domain names from defunct domain name registrar AlpNames. All names will be managed through the ... Continue Reading5 Comments
Year in Review: MMX acquires .XXX
· UncategorizedAdult top level domain company was one of many acquisitions in the domain business during 2018. MMX, also know as Minds + Machines, is a new top level domain name company with a portfolio of strings such as .beer, .miami and .VIP. It's publicly ... Continue Reading1 Comment