37% organic growth last year, revenue of $410 million — CentralNic boasts

CentralNic notes robust 2021 growth, even accounting for acquisitions.

Picture of stock chart with the words earnings note

The news keeps getting better for CentralNic (London AIM: CNIC).

In Q1 last year, its year-over-year organic revenue growth was 16%. In Q2, 25%. In Q3, the firm noted that its year-to-date organic growth was 29%. Today, it disclosed full-year organic growth was a whopping 37%.

For the full year, the firm expects to note revenue of $410 million and adjusted EBITDA of around $45 million. These numbers are up 70% and 47%, respectively, year over year. (Actual growth is higher than organic growth since of acquisitions.)

The firm’s aggressive move to online advertising, while riskier than the traditional domain registration business, has accelerated its growth. Online ad revenue has increased significantly during the pandemic. Its buyout of Team Internet was particularly well-timed.

The firm will publish its unaudited full-year note on February 28.

Shares are up regarding 5% today as of publication.

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