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Share Name Share Symbol Market Type Share ISIN Share Description
Centralnic Group Plc LSE:CNIC London Ordinary Share GB00BCCW4X83 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 84.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
83.00 85.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 176.43 -6.87 -3.36 153
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 84.00 GBX

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DateSubject
23/6/2021
09:20
Centralnic Daily Update: Centralnic Group Plc is listed in the Software & Computer Services sector of the London Stock Exchange with ticker CNIC. The last closing price for Centralnic was 84p.
Centralnic Group Plc has a 4 week average price of 81p and a 12 week average price of 81p.
The 1 year high share price is 105p while the 1 year low share price is currently 72p.
There are currently 181,793,478 shares in issue and the average daily traded volume is 130,089 shares. The market capitalisation of Centralnic Group Plc is £152,706,521.52.
21/6/2021
11:41
sharesoc: In case you missed our webinar with CentralNic the recording and stockopedia report can be found here: hTTps://www.sharesoc.org/seminar/sharesoc-webinar-with-centralnic-cnic-10-june-2021/ To access the recording, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hxxps://www.sharesoc.org/membership/ Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the recording (and recordings/reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hxxps://www.sharesoc.org/contact-us/
14/6/2021
09:36
rivaldo: Techinvest's June issue is out, so it's probably OK to copy a couple of comments on CNIC from their prior issue. CNIC were one of their New Year tips, and in an update Techinvest say: "CentralNic posted excellent results for the year ended March 31, with revenue up 121% to US$241.2m and adjusted EBITDA 71% higher at US$30.6m. On an organic basis, the increase in revenues was 9% and 4% in adjusted EBITDA. Forecast earnings per share for the current year is 7.44p, putting the stock on a modest prospective P/E of 11.5." CNIC were also the first purchase in their new Trader Portfolio 5, and Techinvest say CNIC now looks "particularly good value" on that P/E of 11.5.
10/6/2021
09:16
mcdougall1: Well, if someone had just bought 9% of the company I would have hoped for more of a reaction on the share price!
04/6/2021
07:18
rivaldo: At the end of the day CNIC will be acquired by the likes of GoDaddy et al imo. The purchase price will likely be far ahead of the current share price, and they won't be bothered about having to pay more for the share options and incentives. Assuming CNIC continues to perform as well as it has been doing, then the incentives will be much diluted anyway as the company grows and acquires. One just has to accept that's what happens with most - though certainly not all - public companies.
25/5/2021
10:17
simon gordon: ShareSoc Webinar with CentralNic Group PLC (CNIC) Date: 10 June 2021 Time: 4:30pm – 5:30pm Format: Webinar Presenters: Ben Crawford (CEO) and Michael Riedl (CFO) Company Information: CentralNic (AIM: CNIC) is a London-based AIM-listed company which drives the growth of the global digital economy by developing and managing software platforms that enable businesses globally to buy subscriptions to domain names, run their corporate websites and emails, win customers online and monetise their internet traffic. Its core growth strategy is identifying and acquiring cash-generative businesses in its industry with annuity revenue streams, high cash conversion and exposure to growth markets and migrating them onto the CentralNic software and operating platforms. CentralNic operates globally with customers in almost every country in the world. It earns recurring revenues from the worldwide sales of internet domain names and other services on an annual subscription or rolling contract basis. Https://www.sharesoc.org/events/sharesoc-webinar-with-centralnic-group-plc-cnic10-june-2021/
28/4/2021
11:21
rivaldo: It's certainly possible that CNIC could go for a dual listing in the USA, given that not only most of its competitors and the main sector investors are over there, but of course valuations are so much higher. We already know that CNIC are extremely undervalued on fundamentals compared to those competitors. Equally likely is that CNIC gets acquired by the likes of GoDaddy. Given that CNIC must be highly complementary to GoDaddy's operations with most of its revenues historically outside the USA, I'd have thought that at some stage CNIC would be an attractive target - especially at the relative undervaluation.
08/4/2021
15:14
rivaldo: A year ago CNIC were nowhere to be seen in the global top 10 for either new .com registrations or total .com registrations under management. Then last October CNIC were in at number 10 for new registrations, with 73,193. And they were in at number 10 with a total 2,145,282 under management. Now, as of last December, CNIC are up to number 8 for new registrations with 105,075 (up from 80,478 in November). And they're up to number 9 for a total 2,951,343 under management: Https://domainnamewire.com/2021/04/07/com-finished-last-year-with-a-bang-updated-rankings/ CNIC are actually not that far behind the likes of Google and even Alibaba, though well behind the big daddy - GoDaddy - who have over 55m total registrations.
02/3/2021
10:40
d024912: I hate moaning but I have to say that I like some other posters, was disappointed by these results. I wanted to see debt being addressed and not increased. I too think paying Libor + 7% is expensive but maybe that is the going rate? (I don't know). I understand that it is fuelling CNIC growth and allowing it to get companies at a good? price and maybe in 1 -3 years time it will pay off big time and CNIC shareholders will do very well. (Also I want to see a net profit, old fashioned thinking). I'll have a look at the annual report and make my decision about next steps. At the moment I feel I'm paying the director's wages (maybe I am being unfair) and I temper that thought when There are many tech companies that are loss making for so long and then boom! I don't want to moan, I decided to buy CNIC 18 months ago, I like the company and their CEO and strategy and I hoped I would have seen a stronger performance by now. Oh well I will review CNIC performance when the annual report comes out and decide then what to do. Funnily enough CNIC results came out on the same day as Warren Buffet's letter to shareholders. (hxxps://berkshirehathaway.com/letters/2020ltr.pdf) I wish CNIC would communicate like that. Apologies if I am being unfair to CNIC.
01/3/2021
09:21
davebowler: Zeus- Q4 update CentralNic released unaudited preliminary 2020 results showing pro forma 9% revenue growth, ahead of expectations (ZC: 4%). The company continues to take market share in a growing market. EBITDA was in line with consensus expectations but below our top of consensus forecasts. CNIC is increasing investment in new products and integration, which we expect to continue in 2021 and provide net returns in 2022. The company’s results demonstrate its ability to integrate, scale and extract synergies from acquisitions. We see potential earnings upside from the Codewise acquisition and expect CNIC to deliver further significant earnings accretive acquisitions in 2021. Strong top line growth: 2020 revenues were strong at $241.2m, 6% ahead of even our optimistic expectations of $228.0m and 9% ahead of consensus expectations of $222.2m, which were already upgraded after strong H1 results. Pro forma total revenue growth was an impressive 9% and 16% excluding Codewise. Growth was led by Monetisation division, which grew 35% excluding Codewise. The online advertising market continued to growth strongly and CNIC’s patented SSL monetisation solution continued to take market share. Indirect sales grew pro forma 7%, driven by strong management of top 10 accounts. Direct sales were flat on a pro forma basis due to some clients reducing costs when uncertainty around the pandemic peaked. Direct sales expected to return to solid growth in 2021. EBITDA in line with consensus: The company released 2020 results in line with consensus expectations. EBITDA was $30.6m (4% pro forma growth), in line with consensus of $31.2m and 7% below our optimistic estimate, which is at the top of consensus range. CNIC significantly increased investment in growth in Q4, with annualised pro forma expenses rising to ~$49m from ~$44m in Q3 2020. We expect investment to continue in 2021 with benefits beginning to accrue in 2022, where we upgrade our EBITDA estimate to $45.7m from $43.9m. Post period end events: The company acquired Wando Internet Solutions for $6.5m upfront plus earnout of up to $6.5m and SafeBrands, a French Enterprise Domain Management and Online Brand Protection provider, for $3.7m plus a deferred consideration of $0.7m. The acquisitions were funded through €15m of senior secured callable bonds issued at 104.5% of nominal value, reflecting debt capital markets’ positive outlook on CNIC. Net debt was $84.9m at period end, above our estimate of $75.2m largely due to the strong appreciation in the Euro, slightly higher EBITDA estimate and acquisition fund raising related fees. Outlook: The company appears well positioned continue taking market share and consolidating the market. CentralNic is taking advantage of its expanded scale to invest in new products and integration, potentially improving growth and margins. At the same, time the company continues to assess a number of acquisition opportunities, which are expected to be significantly accretive to earnings. See forecast revisions and valuation discussions overleaf.
02/12/2020
10:57
simon gordon: Directors Talk - 2/12/20: CentralNic Group “results confirm strategy” says Zeus Capital CentralNic Group plc (LON:CNIC) 9M 2020 ended September results confirm CNIC’s acquisition and growth strategy. The company delivered high pro forma sales growth with steady divisional gross margins. CNIC is investing in new products and integration activities to improve long-term growth and margins and expects current year results to be in line with management’s expectations. Acquisitions have added significant value and the company is assessing a strong pipeline of further opportunities. CNIC is well positioned to acquire at attractive valuations, improve target company operations and deliver synergies. Solid growth: Revenues grew 17% pro forma in 9M 2020, led by 39% growth in the Monetisation division. (See key financial items overleaf.) The Monetisation division introduced new software, based on two proprietary patents, that take advantage of modern browser technologies and security standards better than competitors. Indirect revenue grew 8% due to the company’s successful focus on growing key accounts. Direct revenues were broadly flat (-2%) due to tightening corporate budgets during the pandemic, but CNIC is confident that growth will return after winning new clients and building a healthy pipeline. Steady divisional gross margins and investing for growth: Gross margins across all three divisions have been stable but group gross margins declined yoy due to the strong growth of lower margin Monetisation revenues. As a result, gross profit growth was slower (10%) than revenue growth. EBITDA grew more slowly (4%) than gross profit due to management’s strategy of reinvesting in management and systems to ensure future ability to scale. Adjusted expenses were up 15% yoy as the company invested in new products and integration to accelerate future revenue growth. We make no changes to our estimates. Strong cash conversion and prospective dividends: Cash conversion remained high at 93% in 9M 2020 and is expected to be approximately 100% for the full year. The Codewise acquisition has similar cash conversion to CNIC’s existing businesses. Strong cash generation has led the company to convert the Share Premium account into Distributable Reserve in anticipation of paying dividends. Net debt: Despite continued strong cash conversion, net debt excluding funds from the capital raise ($37.3m) rose to $82.3m at the end of Q3 from $76.4m at the end of H1 2020 largely due to the strong Euro, which was up over 4% against the US dollar, leading to a revaluation of the Euro-denominated bonds. In addition, CentralNic Group made earnout payments due to the acquisitions of SK-NIC and GlobeHosting, as previously flagged, and the company paid for capital raising and integration expenses. Excluding these exceptional fees and expenses, net debt would have fallen in Q3. We update our estimate for net debt at year end to $75.2m from $67.1m but, after exceptional items in 2020, the company should continue to deleverage. Https://www.directorstalk.net/centralnic-group-results-confirm-strategy-says-zeus-capital/
Centralnic share price data is direct from the London Stock Exchange
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