Latest news of the domain name industry

Recent Posts

CentralNic says revenue more than doubled in 2016

Kevin Murphy, March 7, 2017, 15:26:51 (UTC), Domain Registries

CentralNic’s revenue was up 110% in 2016, according to the company.

The registry today released its unaudited results for last year, showing EBITDA up 65% at £5.5 million ($6.7 million) on revenue of £22.1 million ($26.9 million)

The company, which has expanded into registrar services via acquisition in the last few years, said its recurring revenue — mainly domain registrations — now account for about 80% of revenue.

CentralNic has about a third of the new gTLD back-end market, primarily because it’s the provider for .xyz’s millions of cheapo registrations.

In its statement, it said it hopes to focus on growing more in China, where clients including .xyz were recently licensed.

It also intends to make more acquisitions, where the deals “meet clear strategic criteria including being earnings accretive in the short term with a strong recurring revenues base”.

Tagged: ,

Comments (1)

  1. THCNames says:

    You are still better of investing in Afilias or Verisign imo.

    Last time I check the Price-to-Earnings ratio was negative 600 or something like that.

Add Your Comment