CentralNic Group (LON: CNIC) CEO Ben Crawford joins DirectorsTalk to discuss half year results for the six months ended 30th June 2019. With huge growth this year and with revenue and EBITDA more than tripling Ben explains what has driven the growth, how 3 further acquisitions are progressing in terms of integration, whether we can expect further rapid revenue growth, reoccurring subscriptions, more acquisitions and goals for the company.
CentralNic Group is a London-based AIM-listed company which drives the growth of the global digital economy by developing and managing software platforms allowing businesses globally to buy subscriptions to domain names, used for their own websites and email, as well as for protecting their brands online. Its core growth strategy is identifying and acquiring cash-generative businesses in its industry with annuity revenue streams and exposure to growth markets and migrating them onto the CentralNic software and operating platforms.
CentralNic operates globally with customers in almost every country in the world. It earns recurring revenues from the worldwide sales of internet domain names and other services on an annual subscription basis.