CentralNic among FT's fastest growing in Europe

RNS Number : 5975R

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

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For further information
CentralNic Group Plc	[phone]
Michael Riedl, Chief Executive Officer
William "Billy" Green, Chief Financial Officer
Zeus (NOMAD and Joint Broker)
Nick Cowles / Jamie Peel / James Edis (Investment Banking)	[phone]
Dominic King (Corporate Broking)	[phone]
Berenberg (Joint Broker)
Mark Whitmore / Richard Andrews / Alix Mecklenburg-Solodkoff	[phone]
SEC Newgate (for Media)	[phone]
Bob Huxford / Harry Handyside / Matt Elliott	[e-mail]

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