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Investment Case

Video interview

Why invest in CentralNic?

CentralNic supplies the tools for businesses to get online: domain names, hosting, websites, email, website security and brand protection services.

Market

  • 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.

CentralNic

  • 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