Trading Update
The Company now expects to report record gross revenue of c.USD 728 million, and net revenue and Adjusted EBITDA1 of at least USD 177 million and USD 85 million respectively for the financial year 2022. These represent increases of c.77%, c.33% and c.84% respectively versus the prior year, ahead of the recently upgraded market consensus2 for 2022. Adjusted for acquisitions and FX, year-on-year organic growth3 for 2022 was c.60%. This outperformance has been driven largely by the growth of the Online Marketing segment, reflecting increased demand for our privacy-safe online customer acquisition services, and the resulting economies of scale and consequent operating leverage.
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.