CentralNic Group PLC (AIM:CNIC) (AIM:CNIC) chief executive officer Ben Crawford joined Proactive London to explain the drivers behind their organic growth which accelerated during the nine months to 30 September 2021.
As a result, total group revenue (including acquisitions) over the nine months will be at least US$280mln and underlying profit (adjusted EBITDA) at least US$32mln, making increases of at least 66% and 45% respectively.
The firm also recently announced it is buying a publishing network of revenue-generating websites for US$6.5mln in cash and assumed working capital liabilities from White & Case Ltd, in a deal that will provide more website traffic for its online marketing business.