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Minds + Machines Group Limited >
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Transitioning to a pure-play registry business

  • 27 Apr 2016

Transitioning to a pure-play registry business


Minds + Machines Group Limited (MMX:LON) | 4.7 0 (-4.1%) | Mkt Cap: 41.2m


  • N+1 Singer
    • N+1 Singer Team

    • 8 pages

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The group recently announced its strategy to re-focus as a pure-play registry business. This transforms the group from one that previously owned, operated and retails its domains (with the associated costs of doing so) into a pure-play owner of the assets. This will deliver significant cost savings, which together with growing revenues (billings grew 58% yoy in 2015) and a strong balance sheet ($35m of cash), gives more than ample resources to help drive take up of its domains. We believe the gr ....

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Transitioning to a pure-play registry business


Minds + Machines Group Limited (MMX:LON) | 4.7 0 (-4.1%) | Mkt Cap: 41.2m


  • Published: 27 Apr 2016
  • Author: N+1 Singer Team
  • Pages: 8
  • N+1 Singer


The group recently announced its strategy to re-focus as a pure-play registry business. This transforms the group from one that previously owned, operated and retails its domains (with the associated costs of doing so) into a pure-play owner of the assets. This will deliver significant cost savings, which together with growing revenues (billings grew 58% yoy in 2015) and a strong balance sheet ($35m of cash), gives more than ample resources to help drive take up of its domains. We believe the gr ....


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