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Afilias sells its stake in MMX

Afilias USA exits its position in new top level domain company. Domain name registry Afilias has sold its stake in top level domain name company MMX (London AIM: MMX), also known as Minds + Machines. The company exited its 3.16% position in the company yesterday, according to a regulatory filing. This coincides with a large […]

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Big shakeup at MMX after accounting investigation

CEO and CFO are out after board investigates company’s finances. The Board of top level domain name company MMX (London AIM: MMX) has concluded an investigation into revenue recognization at the company. The casualties include the company’s CEO, CFO, and income statement. Earlier this month, the board announced it was looking into a contract under […]

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MMX might have incorrectly recognized revenue

Company might have improperly recognized $1.0 million. New top level domain name company MMX announced that it might have incorrectly recognized revenue from a contract. According to the announcement, the MMX Board is commencing a formal investigation to determine whether the revenue was correctly recognized. The investigation is related to a contract that was entered […]

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MMX revenue drops in first half but quality improves

One-off sales go to nearly zero in the first half of 2020. Domain name registry company MMX (London AIM: MMX) reported earnings for the first half of 2020. Revenue and profit were down compared to the first half of 2019, but the makeup of the revenue seemed to improve. Gross revenue came in at $8.4 […]

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MMX: Registrations and billings up, revenue down in H1

Registrations at domain name registrars grew while one-off brokered sales dropped. Top level domain name registry MMX (aka Minds + Machines, London AIM: MMX) issued high-level earnings information today for the first half of 2020. Year-on-year registrations grew 31% to 2.38 million as of 30 June 2020. Total first-half billings were up 7% year-over-year to […]

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The latest industry C-suite musical chairs

There have been several top-level hires at big new gTLD players in the last week. Donuts has announced it has appointed Mina Neuberg as chief marketing officer. Neuberg appears to be a newcomer to the domain industry, having most recently worked at a l...
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MMX bolsters executive ranks with three roles

Top level domain company adds three people to its C-Suite. MMX (LSE:MMX), also known as Minds + Machines, has added three people to its executive ranks. Vaughn Liley is the new Chief Revenue Officer. It’s somewhat of a roundtrip for Liley. While he’s never worked for MMX, he was previously the Sales Director for ICM […]

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