Minds+Machines made massive profits with new gTLDs

domainking131

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Minds+Machines Group Limited announced its unaudited interim results for the six month period ended 30 June 2014

Operating profit in H1 2014 is up 255% at 2,924,000 EUR which primarily reflects proceeds from the sale of the new gTLDs Assets via the private auction process.
They expect the operating profit to increase further in H2 where they plan to participate in private auctions for domain names, the sale of domain names via the registry and registrar business and the revenue from Registry Service Provider business line.

Read the report HERE
 

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