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CentralNic trumpets organic growth as its registrars reverse shrinkage
Kevin Murphy, June 1, 2021, Domain Registries
While positioning itself as a consolidator for the last few years, CentralNic today boasted that it’s also growing organically by a healthy amount.
The company reported Q1 revenue up 48% compared to a year ago at $84.4 million. Organic revenue growth for the same period was reported at 16%. It made a loss after tax of $1.4 million, but adjusted EBITDA of $10.1 million.
CentralNic’s indirect segment, which includes its registry and wholesale registrar businesses, saw revenue up 24% to $25.4 million, led by the registrar. Organic growth was 13%.
The direct segment, which comprises customer-facing retail and corporate registrars and brand monitoring services, saw revenue up 29% to $13.7 million. Organic growth was also 13%.
That segment had seen a drag from the corporate segment in 2020 that was blamed on the coronavirus pandemic, but today CentralNic said “both the Retail business and the Corporate business have returned to growth”.
The company’s newest and already biggest revenue-generating segment is online marketing, which boils down to domain monetization services. Revenue there was up 76% or 19% organically at $45.3 million.
This was largely driven by PubTONIC, a traffic arbitrage platform it acquired with Team Internet last year. The service basically allows web site owners to buy redirect traffic from parked domains.
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