During the first six months of FY15 CentralNic has continued to successfully diversify and develop its three business streams, and as a result sales have increased by 171% to £4.4m, generating adj. EBITDA of £1.0m (H1 14 (£0.0m)). Through prudent use of funds raised and by investing earnings, CentralNic has created profitable exposure to multiple aspects of the internet domain supply chain, building on the proven long-term annuity style earnings streams of the Wholesale busi
15 Sep 2015
FY15 Interims – progress continues
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FY15 Interims – progress continues
Team Internet Group plc (TIG:LON) | 139 0.3 0.1% | Mkt Cap: 361.4m
- Published:
15 Sep 2015 -
Author:
Bob Liao, CFA -
Pages:
6
During the first six months of FY15 CentralNic has continued to successfully diversify and develop its three business streams, and as a result sales have increased by 171% to £4.4m, generating adj. EBITDA of £1.0m (H1 14 (£0.0m)). Through prudent use of funds raised and by investing earnings, CentralNic has created profitable exposure to multiple aspects of the internet domain supply chain, building on the proven long-term annuity style earnings streams of the Wholesale busi