CentralNic is advancing after its acquisition spree

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  • CentralNic drops hint to brokers with full-year revenue and profit guidance
  • CentralNic: Interims shine a light on the significant ‘upside potential’ of shares
  • 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 Group PLC is the developer and operator of software platforms providing web presence services to customers in almost every country in the world.

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

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

31 Aug 2021

() expects full-year revenues and profits will be at least at the upper end of market expectations.

The internet platform company issued the guidance in its interim results for the first half of 2021, in which it revealed a 36% increase in adjusted underlying earnings (EBITDA) to US$20.5mln from US$15.1mln in the first half of last year.

The reported loss before tax halved to US$1.5mln from US$3.1mln the prior year.

Revenue rose 57% to US$174.7mln from US$111.3mln the year before, with organic revenue growth of 20%. The accelerated organic growth seen during the first half of this year is expected to be sustained following the investment in new management, staff and systems, CentralNic said.

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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.

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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.

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31 Aug 2021

Shares in the internet services specialist () () are significantly undervalued, according to research from two investment banks very familiar with the industry and the company.

Berenberg said the stock trades on enterprise multiple (EV/EBITDA) of just nine times, yet peers in the domain name and ad-tech ‘spaces’ are on 23 times and 40 times respectively.

With this in mind and the fact that CentralNic generates a whopping 9% free cash flow yield, Berenberg reckons there is 110% “upside” for the stock from current levels.

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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…

on 27/7/21

2 min read

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