CentralNic is advancing after its acquisition spree

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  • CentralNic sets up a data and artificial intelligence operation
  • Centralnic shares offer over 100% upside, reckons Berenberg
  • CentralNic Group report ‘fantastic growth across all three of our segments’
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Quick facts: Centralnic Group PLC

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CentralNic is the developer and operator of software platforms providing web presence services to customers in almost every country in the world.

CentralNic is a leading provider of tools required to create websites, use email, and secure business online.

Headquartered in London, the Group generates revenue and income from the worldwide sale of internet domain names, hosting and monetisation of domains on an annual subscription basis.

07 Jul 2021

CentralNic Group PLC (), the internet domains and website services specialist, said it set up a data and artificial intelligence operation to “leverage its vast data sets”.

The company manages or is “exposed to” navigation, ad-tech and site usage information ranging from the tens of millions to hundreds of millions of queries, clicks and page views.

It also has “similarly extensive” insights on transactions and registrations.

“These extremely large data sets lend themselves perfectly to AI and machine learning applications that can be used to provide a large array of initiatives which will benefit both the company and our customers,” the company told investors.

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18 Jun 2021

CentralNic Group PLC () announced it appointed Matthew Max Edward Royde and Horst Oskar Siffrin as non-executive directors with immediate effect.

The global internet platform, which derives revenue from the subscription sales of domain names and web services, said they are joining the board as shareholder representatives of Kestrel Partners LLP and inter.services GmbH respectively.

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01 Jun 2021

CentralNic Group PLC () has reported higher earnings for the first quarter of 2021 as it said “significant investment” in its management, staff and systems had accelerated organic growth to record levels.

In its results for the three months to March 31, the internet domain name specialist reported adjusted earnings (EBITDA) of US$10.1mln, a 23% increase year-on-year, while revenues jumped 48% to US$84.4mln.

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23 Jun 2021

(), PLC (LONLSPT) and () are the top three shares to buy in the networking and communications subsector, according to broker Berenberg.

The trio are “very different” but what connects them is their “top-three positions in niche and highly technical markets”, with all three stocks “often overlooked because they are viewed as cyclical, too expensive or too small”.

In a note to clients on Wednesday, Berenberg initiated coverage of the three companies with ‘buy’ recommendations on each, with CentralNic given a price target of 180p that offers around 120% upside to the last close price, Dot Digital 290p and Spirent 310p, offering around 30% upside for both.

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11 Jun 2021

Ben Crawford, chief executive of CentralNic Group PLC () catches up with Proactive London’s Katie Pilbeam on the drivers behind their higher earnings for the first quarter of 2021.

In its results for the three months to March 31, the internet domain name specialist reported adjusted earnings (EBITDA) of US$10.1mln, a 23% increase year-on-year, while revenues jumped 48% to US$84.4mln.

Crawford explains the rationale behind partnering up with London & Partners subsidiary Dot London Domains Ltd, to supply technical registry services.

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CentralNic Group report ‘fantastic growth across all three of our segments’

Ben Crawford, chief executive of CentralNic Group PLC (LON:CNIC) catches up with Proactive London’s Katie Pilbeam on the drivers behind their higher earnings for the first quarter of 2021.

In its results for the three months to March 31, the internet domain name specialist reported adjusted…

3 weeks, 5 days ago

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