CentralNic published its annual report this week. The rollup of domain name and traffic monetization companies is entering a new phase with a new CEO, and three things stuck out to me in the annual report.
Strategic Shift
Late last year, long-time CentralNic CEO Ben Crawford abruptly “retired” from the company. It seems that this was part of a strategic shift at the company. Crawford oversaw immense growth, with much of it coming from acquisitions. The company is now shifting to making the company more profitable and increasing cash flows. Crawford was paid $575,000 in lieu of notice, and the company has quickly shifted the messaging around the future of the company.
CentralNic Group Plc (LON:CNIC) is one of the world’s leading providers of internet infrastructure services. The company provide tools for those who wish to go beyond consuming internet content. CentralNic’s services are designed for those who seek to contribute, to communicate, to build, to promote and to earn online.