dreamcatcher
- 23 Apr 2014 20:18
One of the world's pioneering registry service providers, CentralNic provides registry services, distribution, and strategic consultancy for new TLDs, ccTLDs and SLDs.
CentralNic uses our in-house developed IT platform to distribute our own portfolio of 24 domain names including .uk.com, .us.com and .cn.com (China) to a global network of "1500 registrars" (retailers such as Network Solutions, LLC), which sell these to end users. We also use this platform to sell domain names owned by third parties including .la for Los Angeles, .pw and .com.de (Germany). Further, CentralNic provides consultancy services to companies seeking to create their own domains.
Our powerful registry engine has an eighteen year track record of uninterrupted and unblemished service, and it is supported by innovative marketing and personal customer service. Additionally, our flexible and scalable platform is above ICANN specification for new TLDs.
CentralNic operates from our global headquarters in London plus offices in New York, Dubai and Los Angeles. We also have on-the-ground account executives in Hong Kong, Abu Dhabi and Melbourne.
CentralNic is currently supporting 60 gTLD applications including .wiki, .bar, .xyz, .rest (for restaurants) and .ink. This major expansion in the number of generic Top-Level Domains is expected to commence from the end of 2013. Our specialised service for global brands, DotBrand Solutions, is behind the applications for household name and multi-billion dollar company applicants spanning three continents.
https://www.centralnic.com/

dreamcatcher
- 08 May 2014 14:49
- 3 of 15
CentralNIC Group set to pick up the pace
By John Harrington
May 08 2014, 1:20pm
“The revenues [from new domains] won’t kick in until the second half of this year, and then we’re going to see a lot,” predicted CEO, Ben Crawford.
“The revenues [from new domains] won’t kick in until the second half of this year, and then we’re going to see a lot,” predicted CEO, Ben Crawford.
The first set of full-year results since listing in September revealed a rising top-line at CentralNic (LON:CNIC), with plenty of growth in the pipeline.
The Internet domain name registry and registry saw billings jump 15% in 2013 to £3.9mln, helping revenues rise 4% to £3.1mln.
The company, which wholesales and retails the letters at the end of web addresses (known as generic Top Level Domains, or gTLDs), said the growth stemmed from strong deferred revenues from previous periods, continued growth in annuity billings for existing inventory, the successful launch of new domain extensions, and consulting revenues relating to new TLDs.
Pre-tax profits dipped to £700,000 from £835,000 in the 12 months to 31 December 2013, while adjusted EBITDA (underlying earnings) also edged lower to £1.02mln from £1.13mln the year before, as the company invested to prepare for the land grab that will follow the relaxation in restrictions on gTLDs.
It is the company’s first full-year results statement since listing on AIM in September when it raised £5mln.
“The numbers understate the underlying progress, because we’ve started spending the money that we raised, as our investors would want us to do, which somewhat deflated the EBITDA number,” chief executive Ben Crawford told Proactive Investors.
The company still achieved an excellent profit margin, he noted, with the gross profit margin rising to 76.6% from 73.4%, reflecting the company’s highly-geared operational model.
Chief financial officer (CFO) Glenn Hayward reinforced the high-margin nature of the business.
“Existing, established, registry operators – some of the biggest players in the industry – generate 50 per cent-plus EBITDA margins,” Hayward said.
Like any CFPO, Hayward loves the fact that the company can add to the bottom line without having to spend a lot – the much sought-after ‘most of the revenue drops through to the bottom line’ paradigm.
It is expected that the 25 new web names CentralNic was awarded by industry regulator ICANN, as well as an additional 26 it will have to contest in auctions, will boost this year’s results when the domains launch in mid-2014.
“We are undertaking multiple new activities; we’re launching retail web sites this year; we’ve launched five domains so far this year; we’ve got a lot of business development activities,” Crawford explained. All of these things cost money upfront, but the benefits of all that investment won’t be felt until later in the year.
“The revenues won’t kick in until the second half of this year, and then we’re going to see a lot,” Crawford predicted.
CentralNic chairman John Swingewood said in the results statement: “The company is achieving sustained growth resulting from the continued demand for our domain names, establishing new retail channels and securing new inventory.
“The board is particularly pleased that these results are yet to include revenues from sales of our pipeline of new Top-Level Domains or of our new retail websites, all of which are starting their launch activities in mid-2014.”
The company was involved in the recent much-ballyhooed launch of the .london TLD, not least through its own www.buydomains.london site, and although it is too early to declare whether the .london thing will be a success, Crawford is confident CentralNIC will see “some very decent results from that domain”.
“Also domain.build for the global construction industry has kicked off to a very good start,” Crawford revealed, as have two of the company’s other TLDs: .luxury and .menu.
The company is set for a very busy year, and there should be no shortage of news flow, with the company involved in dozens of auctions for TLD, starting with the .city domain in June, followed by auctions in July for .gay, .blog, .app, .insurance, .online and .site.
Broker Zeus Capital described the 2013 performance by the pre-GTLD business as “solid”, and is expecting the growth trajectory to change rapidly as a host of new TLDs are launched worldwide.
“The value of this business lies in the combination of forward contracts poised to deliver new earnings streams, and the existing infrastructure that is proven to deliver long-term annuity style earnings and high margins,” Zeus’s John Wilson said.
“Adj. EBITDA margin was lower at 33.3% versus 38.7% due to additional investment in headcount, the registry business and costs associated with AIM status. Once new revenue streams come online in H214 we expect EBITDA margins to bounce back towards 40% and flag that the US peer Verisign has EBITDA margins over 50% on revenues of US$1bn,” Wilson said.
“CentralNic reports a strong cash position of £4.9mln that provides the resource to grow and deliver further on the strategic objectives,” he added.
Shares were up 0.4% at 62.75p in lunch-time trading.
dreamcatcher
- 12 May 2014 18:07
- 4 of 15
CentralNic Launches Website for .Luxury Domains
RNS
RNS Number : 8095G
CentralNic Group PLC
12 May 2014
Press Release
12 May 2014
CentralNic Group plc
("CentralNic" or "the Company" or "the Group")
CentralNic Launches dedicated Website for .Luxury Domain Names
CentralNic Group PLC ("CentralNic") (AIM:CNIC), the internet platform business which derives revenues from the global sale of domain names, announces today the launch of the new website http://www.DOMAIN.LUXURY, a website dedicated to selling domain names ending with the new Top-Level Domain ("TLD") .LUXURY, through its wholly owned subsidiary TLD Registrar Solutions ("TRS").
".LUXURY is one of the most successful new TLDs to launch so far, having already signed over 500 brands in their Sunrise" said Ben Crawford, CEO of CentralNic. "Other companies applied for dozens, even hundreds, of Top-Level Domains, and so far few of them have come close to what .LUXURY has already achieved. We are therefore very excited to be launching the DOMAIN.LUXURY website."
Household names such as Bvlgari, Bugatti, Chanel, Cartier, Gucci, Perrier-Jouët, Jimmy Choo, Valentino, and Versace were among the first to secure their .LUXURY domain during the initial 60-day sunrise window, a period open to trademark holders only.
".LUXURY is an entirely new concept in domain names - a marque of distinction, a privileged brand-safe space on the Internet, allowing consumers and search engines alike to easily identify authentic sites supported by the brands themselves. TRS fully understands the demanding standards and stringent policies of the TLD, and has produced an online showcase for .LUXURY truly worthy of our namespace" said .luxury CEO, Monica Kirchner.
Following the close of the 'early access period', where the DOMAIN.LUXURY applications were taken at $1,199, the DOMAIN.LUXURY site is now offering .LUXURY domains for USD$699. Versions of the site in French, Italian and Chinese are being developed as a destination for luxury brands, retailers and services around the globe to obtain the most attractive positioning on the new internet.
-Ends-
dreamcatcher
- 17 Jun 2014 07:08
- 5 of 15
Acquisition
RNS
RNS Number : 7538J
CentralNic Group PLC
17 June 2014
Press Release
17 June 2014
CentralNic Group Plc
("CentralNic" or the "Company")
Acquisition of the business and assets of Internet.BS
Background
CentralNic plc, (AIM:CNIC), the technical platform powering the sale of domain names through online retailers globally, is pleased to announce that it has contracted to acquire the business and certain of the assets of Internet.BS Corp ("Internet.BS"), a leading retailer of domain names registered in The Bahamas, for a maximum consideration of USD 7.5 million.
Internet.BS is one of the world's top thirty domain name retailers (or "registrars"), and it serves a global customer base from 199 countries. It has been trading for eleven years and it is accredited by the global regulator ICANN as well as the numerous operators of country codes including .eu for Europe and .in for India. Internet.BS is a profitable, cash generative business delivering unaudited operating profits and profits after tax of USD 730,000 for the year ending 31 December 2013. The acquisition is expected to be earnings enhancing from day one, excluding transaction costs.
Asset Purchase Agreement
CentralNic and Internet.BS have entered into an Asset Purchase Agreement to transfer the business and certain of the assets of Internet.BS to CentralNic. The assets are principally the customer base, registrar software and goodwill.
In conjunction with the Asset Purchase Agreement CentralNic have retained the services of Marco Rinaudo (Founder of Internet.BS) and Gregg McNair (Chairman of Internet.BS).
Consideration
The consideration payable on closing comprises USD 5.2 million of which USD 2.7 million is payable in cash and USD 2.5 million by the issue of 2,090,738 new ordinary shares of 0.1p in CentralNic. The consideration shares shall be held in escrow for a period of 12 months. Application has been made for the new ordinary shares in CentralNic to be admitted to trading and it is expected that admission will become effective and dealing commence on 20 June 2014. Following the transaction Internet.BS will be interested in 2,090,738 ordinary shares representing 3.42% of the issued share capital of CentralNic.
Deferred cash consideration of USD 1.8 million, payable in 12 months, can be adjusted (up and down) depending on the business performance. The maximum deferred consideration payable is USD 2.3 million.
Impact of the Acquisition
The acquisition of Internet.BS is a strategic step for CentralNic, which will position the Company as a vertically integrated platform offering domain names at retail as well as wholesale - one of the key objectives announced at admission to AIM in September 2013.
Key strategic drivers for the acquisition include:
- Gaining a proven retail platform already supporting 28,000 users in eight languages, including sophisticated administrative tools for domain portfolio owners;
- Enhancing the revenues and profits of CentralNic with an additional cash generative business retailing domains to consumers and other domain name retailers; and
- Optimizing the earnings opportunity for CentralNic presented by the new Top-Level Domains by giving it access to the retail margin for sales of these domains.
The Board believes that the deal terms are attractive, at under 10x EBITDA, with 35% of the consideration settled in shares.
Ben Crawford, Chief Executive Officer of CentralNic commented:
"We are delighted to be announcing the acquisition of Internet.BS today. As well as being a cash generative business with a large international client base, this acquisition provides us with the multilingual technical platform we need to offer domains for sale to the public in developing markets worldwide, where we have identified several opportunities in domain name retail. This deal allows us to accelerate the strategy we announced to the market when we listed, and which we have since progressed with the launch of other TRS retail websites such as buydomains.london, domain.luxury, domain.build and buy.menu."
CentralNic Registry update
CentralNic confirmed the launches exclusively over its technical platform of the new Top-Level Domains .wiki on 27 May 2014 and of .xyz on 2 June 2014. Both are obtaining promising registration numbers and are already among the top 50 new gTLDs at this stage (source: nTLdstats.com). The .ink gTLD launches into General Availability on 23 June 2014, with .bar and .rest following on 14 July 2014.
-Ends-
dreamcatcher
- 12 Sep 2014 07:08
- 6 of 15
Notice of Interim Results
RNS
RNS Number : 4858R
CentralNic Group PLC
12 September 2014
Press Release
12 September 2014
CentralNic Group plc
("CentralNic" or "the Company" or "the Group")
Notice of Interim Results
CentralNic plc (AIM:CNIC), the internet platform business which derives revenues from the global sale of domain names, today announces that the Group will publish its Interim Results for the six-months ended 30 June 2014 on Tuesday 23 September 2014.
-Ends-
dreamcatcher
- 08 Dec 2014 16:43
- 7 of 15
Sale of Premium Domain Names and Trading Update
RNS
RNS Number : 0552Z
CentralNic Group PLC
08 December 2014
Press Release
8 December 2014
CentralNic Group plc
("CentralNic" or "the Company" or "the Group")
Sale of Premium Domain Names
and Trading Update
CentralNic plc, (AIM:CNIC), the internet platform business which derives revenues from the global sale of domain names, announces today that it has sold a number of premium domain names for US$2.5 million, satisfied in cash. The Board is also pleased to provide an update on trading for the year ending 31 December 2014 where it confirms profits for the year ending 31 December 2014 will be in line with market expectations.
Sale of Premium Domain Names
As previously announced on 23 September 2014, CentralNic launched a Premium Domains trading business in the second half of 2014. Premium domain names are domain names that trade at a premium to normal retail pricing.
CentralNic has today concluded sales of non-core premium domain names for US$2.5 million, satisfied in cash on completion, the proceeds of which will be utilised to further accelerate growth within the Group, and acquire additional premium domains to augment the existing portfolio.
Trading Update
The Board is pleased with the Group's overall trading performance to date and is confident that profits for the year ending 31 December 2014 will be in line with market expectations. The Group has transformed its business to include registry, registrar and enterprise divisions that reflect a diversified international business specialising in domain name sales and related services, including a Premium Domain Trading business that through this transaction is already contributing to CentralNic's performance.
CentralNic's strategy
When CentralNic listed on AIM, the Group's strategy was to diversify its business activities in the domain name industry. It has succeeded in executing that strategy with the Group having exposure to the growth and re-organisation of the internet through the following activities:
- retailing domain names via online stores such as internetbs.net, buydomains.london and domains.luxury whilst also offering consumers complementary services such as web hosting and website builders;
- trading and providing broking services in Premium Domain Names, owning a trading portfolio of almost 20,000 Premium Domains;
- offering domain-name-related services, consultancy and software solutions for major brands including best-of-breed domain name portfolio management and distribution;
- providing consultancy and outsource domain registry services for developing markets;
- investing in innovative new TLDs with differentiated business models; and
- extending its role as an industry leader in the distribution of domain names (including new TLDs).
Top-Level Domains ("TLDs")
As generally recognised the release of new Top-Level Domains ("TLDs" or new suffixes for domain names to supplement .com and .co.uk - such as .website, .wiki and .xyz) has been slower than anticipated. These delays have been due to a number of factors, impacting the entire new TLD programme. The result is that while demand for the new TLDs is strong and growing, it is still at a less mature stage than the Board had anticipated. These delays have caused ICANN, the regulator and administrator of the new TLD programme, to downgrade their demand projections from 33 million to 15 million domain registrations under new TLDs by June 2015.
CentralNic's performance to date on new TLDs
The Board remains highly confident that CentralNic has confirmed its position as a global leader among the new TLD distributors. It is ranked number two in the world by industry statistics website ntldstats.com, positioning the Group as the leading registry services provider in Europe (source: http://ntldstats.com/backend). This success reflects strong demand for CentralNic's .xyz, a mass-market new TLD which to date has more registrations - with over 730,000 domains - and more active websites than any other new TLD (source: http://ntldstats.com/).
CentralNic has successfully launched a total of 11 new domain extensions in 2014, including: .wiki, .ink, .xyz, .bar, .rest, .website, .press, .host and .space, as well as the new generic .co.com and .com.se as a new domain for Sweden.
CentralNic's next wave of new TLDs
The Board expects CentralNic to be the exclusive registry service provider to at least 35 new TLD's over the next 2-3 years. The Group has also been confirmed as the exclusive global distributor and billing agent for the following new TLDs to be launched from 2015:
.site - ranked by industry experts as among the top five most desirable new TLDs
.design - a domain suited to graphic, web and interior designers
.tickets -a full ticketing transactional platform integrated with a .tickets domain name - for validated venues, sports teams, entertainment artists and travel industry operators, providing consumers with safe, authentic ticket purchases. CentralNic has a number of exposures to future revenues generated by Accent Media Limited, the successful applicant for .tickets, and through its investment is also a 12% shareholder.
Other CentralNic new TLDs still to be launched include .college, .fans, .feedback, .contact, and .pid.
CentralNic and its clients are in contention with other applicants to secure an additional 20 new TLDs which include .love, .online, .gay, .app, .blog, .cafe, .web, .style, .forum, .art, .golf, .llc, .school, .store, .shop, .music, .doctor, .bank, .ping, and .baby. The Group is also in discussion with applicants for new TLDs who would like to transfer from their existing provider to CentralNic's platform.
CentralNic CEO Ben Crawford said: "CentralNic and its clients have a number of high quality new TLDs and with our partners we intend to build on our results to date in leading the re-organisation of the domain name system. This year we have been successful in diversifying our business by entering the retail, enterprise and premium domain markets, where we have a commercial interest in a significant portfolio of premium domain names of varying values. We look forward to continued development of our registry business and these new lines of business as we enter 2015."
-Ends-
dreamcatcher
- 13 Aug 2015 12:13
- 8 of 15
Up 23% today, thought this was dead. :-))
dreamcatcher
- 13 Aug 2015 16:09
- 9 of 15
Share Price Movement
RNS
RNS Number : 9954V
CentralNic Group PLC
13 August 2015
Press Release
13 August 2015
CentralNic Group plc
("CentralNic")
Share Price Movement
The Board of CentralNic plc, (AIM:CNIC), the internet platform business which derives revenues from the global sale of domain names, believes that the recent movement in the Company's share price is related to media comment surrounding the recent announcement by Google to adopt the suffix .xyz for use by its new identity "Alphabet", the principal website of which will be abc.xyz. CentralNic is the exclusive global wholesaler for .xyz, receiving a share of revenues for all .xyz domains registered.
The Board wishes to make it clear that although the recent announcement by Google was very positive, the growing interest in .xyz was expected as awareness and usage of .xyz and CentralNic's other new Top-Level Domains continues to expand.
The Company continues to trade in line with market expectations for the current year to 31st December 2015.
dreamcatcher
- 18 Aug 2015 17:11
- 10 of 15
CentralNic ranked top TLD wholesaler
StockMarketWire.com
CentralNic says it is currently ranked number one 'registry backend' (i.e. wholesaler) of new TLD domain names globally, on the domain industry statistics website ntldstats.com.
CentralNic attained the top position on Friday after being ranked number two for the previous 12 months.
Story provided by StockMarketWire.com
dreamcatcher
- 15 Sep 2015 20:23
- 11 of 15
Half year results
· Revenues for the Retail business Internet.BS (acquired in June 2014) grew to £1.7m, up 26% over the previous 6 months.
· The Enterprise business, which had negligible revenue at 30 June last year, generated £1.1m of revenue from premium domain name trading, consulting, registry software licensing and managed services.
· Cash and cash equivalents of £4.4m (2014: £3.0m) reflected a £2.2m fund raise in June 2015, offset by scheduled deferred consideration of (£1.2m) in relation to the acquisition of the trade and assets of Internet.BS. Cashflow from Operations of £0.5m was below Adjusted EBITDA, reflecting Enterprise sales made in June 2015, which are due for settlement in the second half of the year.
Operational highlights
· Wholesale business ranked as the world's Number Two service provider by volume for new Top-Level Domains, with three client TLDs in the top 20, including .XYZ which is emerging as a credible challenger to .com.
· Wholesale business launched two new top level domains during the half year - .space and .design, and successfully completed the migration of the .coop TLD onto the CentralNic platform.
· Number of revenue-generating Enterprise business clients increased from two to ten, including the Philippines telco Smart.
· The Retail business added 33 new top level domains to the Internet.BS inventory while new flagship retail stores were launched for .cymru & .wales (www.cymru.domains) and .bank (www.centralnicfintech.com)
dreamcatcher
- 15 Sep 2015 20:25
- 12 of 15
dreamcatcher
- 24 Jul 2017 18:54
- 13 of 15
24 Jul
Peel Hunt
62.00
Buy
hangon
- 25 Jul 2017 13:31
- 14 of 15
Not sure about this...it's way too expensive, with a PE of 60/no yield.
Currently 61pence yet only ( Ha!), 40p in Sept2016. Since then punters have piled-in.....
-will there be tears? OR another ASOS / BooHoo in the making?
dreamcatcher
- 07 Sep 2017 21:38
- 15 of 15
Interim Results to 30 June 2017
RNS
RNS Number : 0442Q
CentralNic Group PLC
07 September 2017
7 September 2017
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
CENTRALNIC GROUP PLC
("CentralNic" or "the Company" or "the Group")
HALF YEAR RESULTS 2017
Organic growth and achieving strategic objectives
CentralNic, the global software platform company supporting subscription web services including domain names, is pleased to announce its half year results for the six months ended 30 June 2017, which show strong underlying organic growth across the business.
Highlights:
· Adjusted EBITDA*, excluding forex gains and losses, of £1.4m (H1 2016: £0.9m) - up 50%
· Gross profit £3.0m (H1 2016: £2.3m) - up 29.5%
· Revenue of £10.6m (H1 2016: £8.9m) - up 19%.
· Net cash of £7.73m (2016: £6.04m).
* Adjusted EBITDA: Earnings before interest, tax, depreciation and amortisation, acquisition costs, exceptional items and non-cash charges.
Operational highlights:
· Recurring revenues continue to increase, reflecting the strong focus on growing the proportion of the Group's revenues being of a recurring nature, as exemplified post period-end by the acquisition of SK-NIC in August 2017 and the renegotiated .xyz contract.
· Retail division focus on optimising marketing performance having completed integration and consolidation of Instra Group.
· Wholesale business maintained its lead in global market share by volume, being the only company which supports six of the Top 20 new Top-Level Domains.
· New client wins as a registry service provider included .rugby .observer, .storage, as well as multiple contracts with country code Top-Level Domains.
Post half year end highlights:
· Acquisition of SK-NIC:
- As announced on the 25th August 2017, the Group has agreed to acquire the business and assets of SK-NIC, the manager of the exclusive country code top-level domain for Slovakia, .sk.
- The Board believes that this represents a major, earnings enhancing acquisition, further increasing the proportion of the Group's revenues that are recurring and diversifying the Group's businesses.
- A term loan of £18m and overdraft facility of £3m are being provided by the Group's bankers, Silicon Valley Bank ("SVB"), to fund the initial consideration.
Contract with .XYZ renegotiated: term extended to 2032, with CentralNic receiving a fixed fee based on the volume of .xyz registrations and subscriptions managed.
Commenting on the results, Mike Turner, Chairman of CentralNic, said:
"Our underlying first half results have been most encouraging as CentralNic continues to deliver organic growth alongside significant earnings enhancing acquisitions.
"Both our organic growth and roll-up strategy are underpinned by a drive to increase the size and scale of the business by focussing on activities which will deliver recurring revenues and high visibility of earnings. This concentrates our efforts on the higher margin and higher growth segments of the market.
"In keeping with the consistently heavy second-half weighting of results in recent years, the Board is confident that the Company is on track to meet market expectations for the full year to 31 December 2017, as we continue to diversify through the acquisition of businesses with high-levels of recurring revenue, organically grow our existing recurring revenue businesses, and take advantage of opportunities to trade in valuable premium domain names."
-Ends