How big is the fresh TLD opportunity? TLDH valued at $60 million
Publicly traded fresh TLD firm has a solid market value.
Top Level Domain Holdings, a pure play firm focused on fresh top level domains, has a market cap of around £ 39 million. That’s over $60 million USD.
We’re talking regarding a firm that basically has no revenue. So far it has just been spending on the fresh TLD process.
As of last February the firm had regarding £ 15 million in cash. A lot of that has surely been spent since then. But to be conservative, let’s assume the market cap net of cash is around £ 24 million. That’s still regarding $38 million.
This $38 million value is based solely on the potential of its fresh top level domain business. That includes applying for its own TLDs, helping clients get their TLDs up and running, and partnerships for fresh TLDs.
That’s a hefty valuation, if you ask me. What it shows is that a lot of people are big believers in the profit opportunity of fresh TLDs.
Fortunately for TLDH, it doesn’t need all of its bets to pay off. It ought to have a sizable enough portfolio to weather a few duds.
What do you think…is Top Level Domain Holdings worth its $60 million market cap?
