Online marketing and domain name services provider CentralNic (LON: CNIC) is continuing its record of organic growth and it is already a major player in its main markets. The strong cash flow enables cash to be returned to shareholders.
Management believes that CentralNic can become market leader in the online marketing and the online presence/ domain registry sectors.
In the six months to June 2023, revenues improved from $334.6m to $396.4m. Organic growth over the past 12 months is 31%. The equivalent figure at the end of 2022 was 60%, but this is still strong growth. Profit before amortisat...
