Share Name Share Symbol Market Type Share ISIN Share Description
Minds + Machines Group Limited LSE:MMX London Ordinary Share VGG614091012 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 7.30 374,904 08:00:22
Bid Price Offer Price High Price Low Price Open Price
7.20 7.40 7.30 7.25 7.30
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 12.31 2.19 0.24 30.8 64
Last Trade Time Trade Type Trade Size Trade Price Currency
15:04:45 O 3,076 7.20 GBX

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20/7/202113:52MIND MACHINES GROUP3,204
08/4/202108:48Minds & Machines a pure play for TLDs5,850
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15/10/202010:28Minds+Machines Group Limited990

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Minds + Machines Daily Update: Minds + Machines Group Limited is listed in the Media sector of the London Stock Exchange with ticker MMX. The last closing price for Minds + Machines was 7.30p.
Minds + Machines Group Limited has a 4 week average price of 7.20p and a 12 week average price of 7.05p.
The 1 year high share price is 8.25p while the 1 year low share price is currently 3.30p.
There are currently 875,618,996 shares in issue and the average daily traded volume is 118,798 shares. The market capitalisation of Minds + Machines Group Limited is £63,920,186.71.
la forge: 15 July 2021 Minds + Machines Group Limited ("MMX", the "Company" or "Group") ICANN approves transfer of substantially all of the Company's TLDs to Registry Services, LLC (an affiliate of GoDaddy Inc.) Further to the announcement dated 8 April 2021, Minds + Machines Group Limited (AIM:MMX), the top-level domain registry company, is pleased to announce that it has received consent from the Internet Corporation for Assigned Names and Numbers ("ICANN") to transfer four top-level domains ("TLDs") and conditional consent to transfer 18 other TLDs owned and operated by MMX to Registry Services, LLC ("GoDaddy Registry"), an affiliate of GoDaddy Inc. The conditions necessary for final approval by ICANN of the transfer of the 18 conditionally approved TLDs have been completed by MMX and GoDaddy Registry. All other conditions precedent for the transfer of these TLDs have been completed. When MMX and GoDaddy Registry receive final approval from ICANN to transfer the 18 conditionally approved TLDs, MMX will complete the transfer of all 22 TLDs to GoDaddy Registry. MMX is awaiting ICANN approval and, where necessary, receipt of formal consents from certain of its partners to complete the transfer of the remaining five TLDs. The Company and GoDaddy Registry expect to complete the transfer of these TLDS once these approvals and consents have been received. MMX will make a further announcement on completion of these transfers and closing of the transaction.
waldron: 23 June 2021 For immediate release Minds + Machines Group Limited ("MMX", the "Company") Director/PDMR Shareholding Minds + Machines Group Limited (AIM: MMX), the top-level domain registry company, announces that it has been informed that Lombard Odier Asset Management (Europe) Limited, a person closely associated ("PCA") with Henry Turcan, Non-Executive Director of the Company, has completed the share transaction set out in the table below. -ends-
waldron: 23 June 2021 For immediate release Minds + Machines Group Limited ("MMX", the "Company") Director/PDMR Shareholding Minds + Machines Group Limited (AIM: MMX), the top-level domain registry company, announces that it has been informed that Lombard Odier Asset Management (Europe) Limited, a person closely associated ("PCA") with Henry Turcan, Non-Executive Director of the Company, has completed the share transaction set out in the table below. -ends- For further
hotaimstocks: we await large buys to boost the share price above 8p lol ... probably we above 14p this time next year lol
the grumpy old men: GoDaddy edges closer to $120m MMX asset acquisition By Abigail Opiah a day ago MMX shareholders approval vote favours GoDaddy Major domain registry provider GoDaddy is one step closer to finalizing its acquisition of 28 domain extensions owned by Minds + Machines Group Limited (MMX). MMX shareholders recently voted to approve the sale of its assets to GoDaddy Registry, valued at $120 million, which will include .club and .design domain extensions. The terms of the deal were not disclosed and the GoDaddy subsidiary still awaits a number of other approval ticks to complete the acquisition, including a green light from the Chinese government for the change of control of MMX China. Once the deal is complete, GoDaddy Registry will own, manage or operate over 240 domain extensions, with more than 14 million domain names under its management. 26/01/21 GoDaddy buys more A report by Domain Name Wire highlighted that the acquisition was already a done deal as MMX already had more than enough votes to approve the sale of its assets. Earlier this month, GoDaddy Registry Vice President and General Manager, Nicolai Bezsonoff had said: “All three acquisitions support our growth strategy in unique ways by expanding our portfolio of generic, geo-targeted, and vertically-focused top-level domains.” GoDaddy Registry was also awarded the contracts to help manage the generic domain extensions .basketball and .rugby, as well as Ally Financial’s branded .ally domain, earlier this month. Also, once the acquisition is complete, the firm will be the registry for the domain names .VIP and .XXX. GoDaddy’s latest financial report reflected huge growth including a 12% year-on-year increase in its fourth quarter of 2020 results and its customers hit 20.6 million by the end of last year, representing growth of 7.1% year-on-year.
sarkasm: Domain Name Wire | Domain Name News Domain Name Industry News Featured Domains Breaking: GoDaddy to acquire MMX, .Club, .Design by Andrew Allemann — April 7, 2021 Uncategorized 9 Comments The words "Acquisition News: GoDaddy acquires MMX, .Club, .Design" on a yellow and blue background GoDaddy (NYSE: GDDY) has acquired 28 new top level domains from MMX, as well as the .Club and .Design top level domains. The company is paying $120 million for the MMX strings. MMX, a publicly-traded new top level domain company had a market cap of £40 million. The MMX transaction will require shareholder approval and approval from some of MMX’s partners on some of the domains. MMX’s two largest namespaces are .VIP at 900,000 registrations and .work 650,000 registrations. Somewhat surprisingly, the transaction includes MMX’s adult domains including .XXX. The acquisition will help MMX get out from the public limelight. The company has struggled to grow registration and revenue numbers over the years as a small public company. Financial details of the .club and .design transactions were not revealed. .Club was a single-domain TLD operator and .Design was owned by Top Level Design. .club has over 1 million registrations and .design has about 130,000. GoDaddy entered the domain name registry business with its acquisition of Neustar’s registry business last year. In addition to acquiring these strings, the company won the backend business for .basketball, rugby, and .ally. After the acquisitions, GoDaddy will own, manage or operate more than 240 top level domain names.
sarkasm: Highlights -- strong strategic rationale to sell to a large, established player in the industry; -- recommended by the Board; and -- irrevocable undertakings received which together represent approximately 64 per cent. of the current issued ordinary share capital of the Company, confirming that they shall vote in favour of the Resolution being proposed at the General Meeting. The Consideration -- The gross Consideration payable by GoDaddy Registry represents an implied value of approximately 10 pence per Ordinary Share (based on an exchange rate of GBP:USD / 1:1.387 (the "Exchange Rate"). -- After payment of estimated transaction costs (including estimated taxes payable by the Company) ("Transaction Costs"), this represents an estimated net asset value (at the Exchange Rate) of 8.8 pence per Ordinary Share (the "Estimated Offer Value Per Share"). -- The Estimated Offer Value Per Share includes the value of residual net assets of the Company including distributable cash held by the Company as at 6 April 2021 of approximately US$8,200,000 generated from its current trading activities ("Available Cash"). The Company has undertaken preliminary tax analysis in relation to the proposed asset sale (the "Sale") based on its expectations regarding allocation of the Consideration between the Assets and the estimate of Transaction Costs is subject to change. Attractive valuation The Estimated Offer Value Per Share represents a premium of: -- 92% to the market capitalization of the Company based on the closing share price of Ordinary Shares on AIM on 6 April 2021; -- 87% to the 20-day volume weighted average price (VWAP) of an Ordinary Share up to and including 6 April 2021; and -- 78% to the 60-day VWAP of an Ordinary Share up to and including 6 April 2021. Principal reasons for sale Following the Company's leadership changes in October 2020, Mr. Tony Farrow (the Company's Chief Executive Officer) and Mr. Bryan Disher (the Company's Chief Financial Officer) conducted a thorough review of the underlying profitability of the business and the contribution of each TLD asset. As set out in the trading statement in January 2021, the initial conclusions reinforced the view of the Board that the business has strong recurring cash flows but expects limited opportunity for material organic growth beyond the Company's AdultBlock services without fundamental changes. Consequently, the Company needs to consider a multi-year transformation of the Company, further inorganic growth and/or pursuing additional revenue opportunities outside the core business in order to effectively leverage its relatively high fixed costs, or seek a merger or sale of the business. Tony Farrow, CEO of MMX, commented: "The Board has continually sought to grow the business both organically and via acquisition to maximise the inherent operational gearing of its fixed overheads, but without significant capital investments, we expect our growth to be in-line with the TLD industry generally. The organic growth of the Company is likely to remain in low single digit percentages for the foreseeable future. The risks of identifying and concluding further acquisitions together with the expansion into unproven revenue streams need to be considered against participating in the ongoing consolidation in the TLD industry. "The Board was able to consider the approach from GoDaddy Registry as part of its broader strategic review and following a period of robust negotiation and extensive due diligence the Board is pleased to announce and recommend the proposed Sale for a total consideration of $120 million in cash."
transhoneyqueens: PLENTY MORE DELETES AS MMX REVENUE drops again.. RED FLAG .. unfortunately mmx have failed again as the share price drops the management do nothing ... 4p or lower with the profits warning next week
grupo guitarlumber: 25/01/2021 7:01am UK Regulatory (RNS & others) Minds + Machines (LSE:MMX) Monday 25 January 2021 TIDMMMX RNS Number : 6823M Minds + Machines Group Limited 25 January 2021 Minds + Machines Group Limited ("MMX" or the "Company") Trading Update and Appointment of new CEO Minds + Machines Group Limited (AIM: MMX), one of the world's leading owners and operators of Internet Top-Level Domains ("TLDs"), is pleased to provide the following trading update for the year ended 31 December 2020 ("FY 2020"). At the time of this update, all numbers are unaudited. CEO Appointment The Board of Directors is pleased to announce that Tony Farrow, who re-joined MMX at the end of October as Interim CEO has been appointed CEO of the Company. Mr. Farrow will also join the Board of Directors following completion of regulatory due diligence. Commenting on FY 2020 trading, Tony Farrow said: "It is great to be back working with the MMX team. Our FY 2021 plan will focus on AdultBlock sales, extensive release of inventory to the market, quality registrations with the view of future renewal revenue and standardized promotions for our channel partners. It is a straightforward business where focus must remain on the quality of our domain registrations and promotions with our channel partners. We lost some of the momentum after the initial launch of AdultBlock in FY 2019. However, FY 2021 was always the target year for the full rollout of this new product, and I am encouraged by the dialogue with our channel partners to really move AdultBlock in FY 2021. I look forward to sharing more insight and information when we release our FY 2020 results in the Spring." Trading Update MMX revenues in FY 2020 were largely in line with those for FY 2019. Renewal revenue remained consistent in FY 2020 at 68%. FY 2020 new standard registration revenue increased to 24% with reduced dependency on premium domains. Billings declined 3% year on year, reflecting increases in most TLDs but a significant drop in AdultBlock billings in FY 2020 following its initial launch in FY 2019. In FY 2020 98% of billings were delivered through the registrar channel, eliminating the Company's historical reliance on one-off brokered sales. Domains Under Management ("DUMs") declined 19% in FY 2020 compared to FY 2019, with no loss in contribution, reflecting an intentional shift by the Company to more profitable transactions. Continuing our sales efforts toward our higher margin TLDs will be a principle focus in FY 2021. In addition to the departure of the Company's former CEO and CFO, in FY 2020 MMX also reduced its workforce by 20%. Severance costs associated with this right sizing means that the reductions did not result in cost savings in FY 2020, but the reduced staffing will reduce costs in FY 2021. No separation costs were paid to the former CEO and CFO. The new executive team is also reviewing the contribution received from each of its TLDs and the growth prospects for each from new sales initiatives to ensure the carrying values associated with each TLD is appropriate going forward. Cashflow from operations was $6.4m in 2020 (2019: $0.5M, including onerous contract payments of $6.6M). Cash at year end stood at $8.9m (2019: $6.6m) after share and option buy-backs in the year of $3.1M. Through the share buy-back programme and the cancellation or buy-out of employee share options and restricted share awards, in FY 2020 the Company reduced the number of common shares outstanding by 3% and its fully diluted shares outstanding by more than 8.5%. The Company remains debt free. Notice of Final Results A separate announcement confirming the publication date of the FY 2020 results will be made in due course.
hotaimstocks: MMX share price unloved at 4p's still
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