CentralNIC has reported yet another brilliant year of growth. The company announced its figures for the first Quarter of 2022. The Figures show a massive jump of 86% over the year.
In 2021 Q1, the company marked overall revenue of $84.4 million. In the same quarter of 2022, the company reached a revenue figure of $156.6 million. Earnings Before Interest, Taxes, Depreciation and Amortization or EBITDA too jumped from $10.1 million in Q1 2021, to $18.5 million in Q1 2022. An increase of 83%.
The company provides domain name registry and registrar services across different nations. The company has been named among top 250 companies and top 50 tech companies in Europe.
The trend is not unusual. The growth in 2020-21 period was similar to that in 2021-22. Last year, the company reported an increase in revenue by 71%.
This year the company’s growth has been bolstered by Organic growth as well as Acquisitions. Company’s organic growth was calculated at 53%. While, the company’s three acquisitions, specially that of VGL Verlagsgesellschaft helped the company to reach these numbers.
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