CentralNic Group PLC CentralNic among FT's fastest growing in Europe
March 02 2023 - 2:00AM
RNS Non-Regulatory
TIDMCNIC
CentralNic Group PLC
02 March 2023
2 March 2023
Reach
CentralNic Group plc
("CentralNic" or the "Company", or the "Group")
Financial Times Names CentralNic Group Among Europe's
Fastest-Growing Companies for the Second Year in a Row.
2 March 2022 - London, UK: CentralNic Group PLC (AIM: CNIC), the
global internet company that derives recurring revenue from
privacy-safe, online marketing as well as domain name distribution,
announces that it has been recognised as one of the fastest-growing
companies in Europe for the second year in a row, following the
Financial Times' seventh annual FT 1000 report .
CentralNic has enjoyed a compound growth rate of 78% over the
past 9 years, since it IPO-ed on the AIM Market of the London Stock
Exchange, taking it from $4m in revenues to over $700m today. In
2022 CentralNic's organic growth was 60%, leading to an overall 77%
revenue growth.
CentralNic Group was listed among the top-250 fastest-growing
companies in the report published by the Financial Times in
partnership with Statista, and among the top-50 fastest-growing
Technology companies in Europe.
Michael Riedl, CEO of CentralNic, said: "We are delighted to see
that CentralNic Group has been recognised for the second year in a
row among Europe's fastest-growing companies. The Company's
market-leading online marketing solutions have contributed to our
strong organic revenue growth between 2020 and 2021, which further
accelerated in 2022.
We are excited to see CentralNic's rapid progress on its journey
to become a world-leading online marketing platform, helping online
consumers make informed choices. Our business strategy continues to
deliver outstanding results. We look forward to achieving
exceptional results and performance in 2023 and beyond. I want to
thank every member of our team for playing their part in making
this success possible."
The latest FT 1000 list of Europe's fastest-growing companies is
available here:
https://www.ft.com/reports/europes-fastest-growing-companies
About CentralNic Group plc
CentralNic (AIM: CNIC) is a fast-growing London-headquartered
software company which helps online consumers make informed choices
through privacy-safe and AI-based customer journeys that convert
general interest internet users into high conviction buyers. It
also operates a leading network for the automated distribution of
domain names and associated services. It has delivered 78% CAGR
since its IPO in 2013 through a combination of organic growth and
acquiring and integrating cash generative businesses in its
industry with annuity revenue streams and exposure to revenue
markets.
For more information please visit: www.centralnicgroup.com
-Ends-
For further information
CentralNic Group Plc +44 (0) 203 388 0600
Michael Riedl, Chief Executive Officer
William "Billy" Green, Chief Financial Officer
Zeus (NOMAD and Joint Broker)
Nick Cowles / Jamie Peel / James Edis (Investment
Banking) +44 (0) 161 831 1512
Dominic King (Corporate Broking) +44 (0) 203 829 5000
Berenberg (Joint Broker)
Mark Whitmore / Richard Andrews / Alix Mecklenburg-Solodkoff +44 (0) 20 3207 7800
SEC Newgate (for Media) +44 (0) 203 757 6880
Bob Huxford / Harry Handyside / Matt Elliott centralnic@secnewgate.co.uk
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