CentralNic is advancing after its acquisition spree

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  • CentralNic revenues to be well ahead of market expectations
  • CentralNic Group should be a doubler, Berenberg is convinced
  • CentralNic Group investment programme accelerates revenues, up 63% on same period of 2020
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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.

26 Jul 2021

CentralNic Group PLC (), the internet platform company, expects full-year revenue to be well ahead of market resources after a strong second quarter.

The company said in a first-half trading update that the April-June quarter saw revenues rise by 63% from a year earlier to US$90mln, with like-for-like growth of around 25% – a record level for the group.

Revenue for the first six months of 2021 should be around US$174mln and adjusted underlying earnings (EBITDA) should be around US$20mln, with the group seeing growth across all of its revenue lines.

This represents a 56% and 32% increase respectively over the US$111.3mln and US$15.1mln results for the same period last year.

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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.

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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”.

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21 Jul 2021

Analysts at Berenberg said they remain convinced about the value in CentralNic Group PLC () and the potential for the shares to double.

The bank hosted a ‘fireside chat’ with the company to address pushbacks and queries from investors after a previous note that identified CentralNic as one of the top three shares to buy in the networking and communications subsector.

“We remain convinced about our thesis and we think the stock can materially re-rate once the online marketing segment prints high-teens growth for a few more quarters,” said a note from Berenberg analysts Bharath Nagara and colleagues.

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27 Jul 2021

CentralNic Group PLC () Ben Crawford, the chief executive officer joins Proactive London’s Katie Pilbeam to discuss their full-year expectations with revenue to be well ahead of market resources after a strong second quarter.

As Crawford explains, revenue for the first six months of 2021 should be around US$174mln and adjusted underlying earnings (EBITDA) should be around US$20mln, with the group seeing growth across all of its revenue lines.

Both the digital subscriptions products and privacy enabled online marketing technologies are performing well with a significant investment in resources, restructuring and new business.

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CentralNic Group investment programme accelerates revenues, up 63% on same…

CentralNic Group PLC (LON:CNIC) Ben Crawford, the chief executive officer joins Proactive London’s Katie Pilbeam to discuss their full-year expectations with revenue to be well ahead of market resources after a strong second quarter.

As Crawford explains, revenue for the first six months of…

6 hours, 20 minutes ago

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