CentralNic Group — Clarifying the narrative

CentralNic is a UK software company, operating globally through its two businesses, Online Presence and Online Marketing. Through a series of acquisitions, Online Marketing has become the group’s primary driver, delivering high double-digit revenue and profit growth year-on-year since the group’s first foray in 2019. Now at critical mass, the business is positioned for sustained organic growth, allowing management to prioritise capital allocation and shareholder returns, while maintaining high margins and strong cash conversion.

Strategy update concludes momentous FY22

CentralNic has delivered rapid revenue growth in recent years, primarily driven by its Online Marketing segment, both organically and through steady volumes of M&A. Now positioned to sustain organic growth into FY23, management intends to continue making bolt-on acquisitions, albeit at a lower volume and tested against potential returns from share buybacks. This is part of a wider review of cash flow deployment and capital allocation within the business. Clarifying the purpose and business model of the Online Marketing business is also part of the strategy as this has often been misunderstood by investors.

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. 

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
CentralNic

More articles like this

CentralNic Group plc

CentralNic’s unprecedented journey: 10 years post-IPO

In the fast-paced realm of the digital world, ten years can seem like an eternity-it’s a canvas of endless innovation, challenges, and reinvention. For CentralNic, the past decade has been nothing short of transformative, marking its

CentralNic Group plc

Titan Partners with Team Internet to offer business email

Titan, a leading business email service provider, announced a strategic partnership with the Team Internet Group (TIG) formerly CentralNic, a leading global internet solutions company. Team Internet’s dual focus includes domain name management (Online Presence) and high-growth digital

CentralNic Group plc

CentralNic rebrands as Team Internet

Another well-known domain industry firm has rebranded itself around a forgettable, search-resistant company name. CentralNic is now Team Internet, though it will continue to use “CentralNic” in its domains business. The company has changed its primary

CentralNic Group plc

CentralNic buys LA-based Adrenalads for $2.35m

Internet specialist CentralNic announced the acquisition of Los Angeles-based Adrenalads on Friday, for cash consideration of $2.35m. The AIM-traded company said the acquisition was aimed at bolstering its media-buying arm Zeropark, and improving its overall efficiencies and market

Centralnic Group Plc

CentralNic Group to change name to Team Internet Group Plc

CentralNic Group plc (trading as Team Internet (LON:CNIC)), the global internet company generating recurring revenue from privacy-safe, AI based customer journeys that help online consumers make informed choices, has announced that on 28 September 2023 it will

CentralNic Group plc

CentralNic CEO calls on industry to tackle climate change

CentralNic CEO Michael Riedl is calling on his counterparts at other large domain name registries and registrars to meet up to coordinate the industry’s response to climate change. During a broad keynote at the London Domain

CentralNic Group plc

CentralNic Group turns to AI to drive performance

CentralNic Group PLC has announced its intention to leverage artificial intelligence (AI) technology to further enhance its performance. The web services group achieved positive results across all business segments in the first half of the year,

CentralNic Group plc

CentralNic up 18% in H1

AIM-listed fast-growing acquisitive internet domain name and web services provider, CentralNic continues to expand at an impressive clip. The pace of top line growth appears, however, to be slowing as the year progresses. Turnover for the six months

CentralNic Group plc

CentralNic Group: Fine-tuning the growth engine

CentralNic’s H123 results showed continuing revenue growth and margin expansion, with growth now being driven more organically and across both operating segments. Partnerships could be key to unlocking growth from underutilised brands, with management winning several

CentralNic Group plc

CentralNic to utilise AI for accelerated performance

CentralNic Group announced its plans to leverage artificial intelligence (AI) in order to enhance its performance, following positive results in all of its business segments during the first half of the year. During this period, gross

CentralNic Group plc

CentralNic delivers another strong performance during H1 2023

CentralNic Group Plc (LON:CNIC), the global internet company which helps online consumers make informed choices, has announced its unaudited financial results for the six months ended 30 June 2023. Financial summary: ●       Gross revenue increased by 18% to USD 396.4m

CentralNic Group plc

Adapting to new technology

In the bustling year of 1995, Microsoft released Windows 95. The commercial featured a huge Rolling Stones hit, and the brand-new OS caused massive shock waves in the tech world. Let’s imagine an old-school redactor staring at

CentralNic Group plc

CentralNic announces strategic alliances

CentralNic Group PLC (LON:CNIC), the global internet company that derives recurring revenue from privacy-safe, AI-based customer journeys that help online consumers make informed choices, has announced a series of recent strategic partnerships, achievements, and the overall