Why invest in CentralNic?
CentralNic supplies the tools for businesses to get online: domain names, hosting, websites, email, website security and brand protection services.
- Total addressable market: $22 – 30 bn*;
- Strong cash conversion – services are paid in advance;
- Quality earnings – subscription services with recurring revenues;
- Organic growth: 2% (mature markets) to 10% (developing markets).
(*) William Blair equity research on GDDY, 5 October 2017.
- Mid-sized consolidator in a highly fragmented and fast growing global domain name industry
- Highly scalable – largely fixed cost base
- Sustained growth – driven by business moving online in emerging markets, as well as disruptive activity led by CentralNic
- Proven, invested,experienced and ambitious management
- Strong track record of revenue and profit growth since IPO
- Drive to build a group with valuation of $1bn