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.london disaster leads to mixed 2018 for MMX

New gTLD registry MMX, aka Minds + Machines, suffered a huge net loss in 2018, largely due to its disastrous .london contract, even while its operating fundamentals improved. For the year, MMX reported a net loss of $12.6 million, compared to a 2017 pr...
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Domain company MMX reports earnings

Numbers trending up but company has big accounting loss due to .London deal. Top level domain name company MMX (Minds + Machines, London AIM: MMX) reported its final results for 2018 today. Overall, revenue was up 5% to $15.1 million after reversing nearly $0.6 million of revenue recognized in 2016. Cash collections were up 20% […]

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MMX reports strong start to 2019

Domain name company touts topline growth to kick off 2019. Top level domain name company MMX (Minds + Machines) (LSE:MMX) is reporting a strong start to 2019. In an investor update issued today, the company said that domain registrations are up 38% year-over-year so far this year to 1.84 million registrations. Billings are up 129%. […]

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After ICANN nod, MMX buys .xxx

MMX has closed the acquisition of porn-focused ICM Registry, after receiving the all-clear from ICANN for the contract transfers. The deal is worth roughly $41 million — $10 million cash and about $31 million in stock. ICM runs .xxx from the 2003...
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Minds + Machines acquires .XXX top level domain operator ICM Registry

New TLD portfolio company adds four domain names to its portfolio. MMX (also known as Minds + Machines) announced today that it is acquiring ICM Registry, which operates the .xxx, .adult, .porn and .sex top level domain names. MMX will pay $10.0 million cash plus 225,000,000 shares, which have a value today of $31.0 million. […]

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MMX profitable as acquisition talks drag on

New gTLD registry Minds + Machines became profitable as an operating company for the first time in 2017, the company announced on Friday. MMX saw billings of $10 million in the second half of the year, compared to $5.6 million in the first half, as dom...
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New TLD company MMX swings to profit for 2017

Pureplay new top level domain name company hits profitability. Minds + Machines (MMX) announced today that it was profitable in 2017, the first year that it has been profitable as an operating company. H2 2017 billings totaled about $10 million, up from $5.6 million in the first half of 2017. Renewal revenue in 2017 was […]

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