CentralNic delivered 16% Q121 LTM pro forma revenue growth, with all its businesses contributing. Management indicated that growth in domain name sales had accelerated notably, benefiting the Direct and Indirect segments, with both Retail and Corporate returning to growth. Monetisation has been rebranded Online Marketing, with revenues increasing 76% to US$45.3m (54% of Q121 group sales), making it the fastest-growing segment. As expected, with the growth of Online Marketing, adjusted EBITDA mar ....
02 Jun 2021
CentralNic Group - A solid Q121, with double-digit organic growth
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CentralNic Group - A solid Q121, with double-digit organic growth
Team Internet Group plc (TIG:LON) | 139 -0.3 (-0.1%) | Mkt Cap: 359.3m
- Published:
02 Jun 2021 -
Author:
Richard Williamson -
Pages:
2
CentralNic delivered 16% Q121 LTM pro forma revenue growth, with all its businesses contributing. Management indicated that growth in domain name sales had accelerated notably, benefiting the Direct and Indirect segments, with both Retail and Corporate returning to growth. Monetisation has been rebranded Online Marketing, with revenues increasing 76% to US$45.3m (54% of Q121 group sales), making it the fastest-growing segment. As expected, with the growth of Online Marketing, adjusted EBITDA mar ....