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CentralNic to acquire monetization company Codewise for $36 million

CentralNic bulks up its monetization business. Domain name rollup CentralNic (London AIM: CNIC) announced that it is acquiring Codewise, which is a collection of advertising and domain monetization companies, for $36 million. The acquisition adds to the company’s domain monetization arm that was created with the acquisition of Team Internet. Codewise operates ZeroPark and Voluum. […]

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Ad revenue soars as CentralNic turns in strong first half

Domain monetization contributes to strong first half at CentralNic. Are ad markets suppressed due to Covid-19? Not at CentralNic (London AIM: CNIC), owner of domain name monetization companies ParkingCrew and Tonic. The company reported revenue of $111.3 million for the first half of 2020, up 124% year-over-year. This was, in large part, due to the […]

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CentralNic first half revenue eclipses $110 million

Q2 wasn’t as bad as thought. Domain name company CentralNic (London AIM: CNIC) announced today that its first-half 2020 revenue will be more than $110 million. This is more than it generated in all of 2019. The revenue jump is largely due to acquisitions, the biggest of which was Team Internet. Team Internet operates domain […]

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Report on CentralNic sheds like on domain parking business

Report reveals performance of domain monetization during pandemic downturn.  Did you know that public companies can pay research firms to cover them? Well, at least if the company is traded on the London AIM. Domain name company CentralNic (London AIM: CNIC) entered into a deal to pay Edison Investment Research £49,500 per year to produce […]

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CentralNic shuns dividend to look for more acquisitions

Company sees acquisition opportunities in current economic environment. CentralNic (London AIM: CNIC) has decided to delay its first-ever dividend to hunt for more acquisition opportunities. The company announced the plan with the announcement of its final results for 2019 issued today. It believes the current market (read: economic uncertainty due to the pandemic) might make […]

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Domain monetization company Team Internet grossed over $74 million last year

CentralNic paid less than 4x adjusted EBITDA for the company. Team Internet AG, a domain name monetization company, recorded revenue of USD $74 million for 2019 up to December 24. Its adjusted EBITDA for this period was USD $12.3 million. CentralNic (London AIM: CNIC) acquired Team Internet at the end of last year, hence the […]

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CentralNic reports $109 million revenue in 2019

CentralNic joins the nine-figure revenue club. CentralNic (London AIM: CNIC), a rollup of domain name companies, announced today that its unaudited 2019 revenue was $109 million. That’s up 95% year-over-year, buoyed by a full year of KeyDrive revenue. I expect revenue to surge further in 2020 thanks to the acquisition of internet advertising company Team […]

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CentralNic to acquire Hexonet for €10.0 million

Domain company continues to consolidate the domain industry. Fresh off a bond issue of €50 million, domain name company CentralNic (London AIM: CNIC) is acquiring domain name registrar Hexonet for €10 million. Hexonet is a reseller platform and also retail registrar with 3.8 million domains under management. It had €16.5 million revenue last year and […]

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.Blog jumps from Nominet to CentralNic

CentralNic wins another registry contract. Automattic, the company behind WordPress, is switching backend registry providers for its .blog top level domain name. The company has used Nominet since the launch but will switch to CentralNic (London AIM: CNIC) later this year. Nominet is the registry for .uk domain names. CentralNic is a diversified domain name […]

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Moniker to take over Alpnames domain names

CentralNic registrars will pick up 680,000 domain names. Three domain name registrars owned by CentralNic (London AIM: CNIC) will take over the domain names from defunct domain name registrar AlpNames. All names will be managed through the Moniker.com website. Moniker will take the domains that end in .biz, .com, .info, .net, .org. Two other registrar […]

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