MMX reports better than expected profits

Prashant Sharan

Well-Known Member
Country flag
Portfolio registry MMX saw 2018 financial results slightly ahead of expectations, the company told investors yesterday.

It now expects revenue to be over $15.5 million for the year, compared to $14.3 million in 2017. Operating EBITDA, its preferred profitability indicator, will be “marginally ahead of market expectations”.

It expects revenue from renewals — which MMX has been trumpeting as a key indicator of stability — to be $9.4 million, compared to $4.8 million in the prior year.

That’s mainly due to the $3.4 million contribution of recently acquired porn TLD specialist ICM Registry. Without ICM, renewal revenue was still up 20% though.

The company’s exposure to the Chinese market has also been reduced. It now contributes 36% of sales, compared to 50% in 2017.

Volatile one-off premium domain sales are also on the decrease in terms of revenue share — 15% in 2018 compared to 38% in 2017.

Its full audited results will be published later in the quarter.

Source
 
Similar threads
Thread starter Title Forum Replies Date
Prashant Sharan MMX might have incorrectly recognized $1.0 M in revenue Registrars 0
Prashant Sharan MMX shows resilience in COVID times Registrars 0
Prashant Sharan MMX adds three new CXOs Registrars 0
Prashant Sharan With improved outlook, MMX gears up to distribute dividends Registrars 0
Prashant Sharan MMX’s porn-blocking AdultBlock's first retail prices are out,are not cheap Registrars 0
Prashant Sharan Porn blocks = Millions of Dollars for Minds + Machines ( MMX ) Registrars 0
Prashant Sharan MMX needs to pay $5.1 million to be done with terrible .london deal Registrars 0
Prashant Sharan MMX is done with its .London deal, has plans to buyback shares Registrars 0
Prashant Sharan MMX Releases AdultBlock and AdultBlock+ Registrars 0
Prashant Sharan MMX plans to offer Adult Domain Name trademark protection service Registrars 0
Prashant Sharan MMX .luxe premium sale totals $100,000 Registrars 0
Prashant Sharan MMX wants to offer a service for trademark owners worried wrt cybersquatting Registrars 0
Prashant Sharan MMX is releasing 5,000 previously reserved premium names in TLDs like .work, .fit, .fashion and more New GTLDs 0
Prashant Sharan .london disaster brings mixed 2018 results for MMX New GTLDs 0
domainking131 Minds + Machines Website Moves To mmx.co Non-Indian Domains 0
Prashant Sharan DomainAgents reports that domain inquiries have increased by 20% Resources 0
Prashant Sharan Are Domain Sale reports overstated? Business and Economy 0
Prashant Sharan Endurance reports earnings, domain customers grew but revenues fell Registrars 0
Prashant Sharan Endurance International Group reports declining numbers Registrars 0
JulienJ Donuts Reports Highest New gTLD Domain Sale to Date - Vacation.Rentals at $500,300 New GTLDs 0
domainking131 Tucows reports increase of revenue because of acquisition of Enom and domain business growth Non-Indian Domains 0
domainking131 GoDaddy reports a strong second quarter Non-Indian Domains 0
Jeff .IN domain sale reports General Indian Domain Name Discussion 0
domainking131 Rightside reports $4.4 million net loss for Q3 New GTLDs 0
domainking131 Namejet Reports Over $770K In Sales For October 2016 Non-Indian Domains 0
domainking131 Verisign Reports: Revenue up 9%: Has Operating Margin of 61.5% Non-Indian Domains 0
S How Helpful Are .IN Sales Reports General Indian Domain Name Discussion 2
domainking131 Namejet Reports Over $1,250,000 In Domain Sales In April Non-Indian Domains 0
domainking131 Namejet.com reports almost $2.8 Million in Sales for February 2016 Non-Indian Domains 0
domainking131 Namejet.com Reports Almost $2.5 Million In Domain Sales In January Non-Indian Domains 0
domainking131 CENTR reports there are 311.5 mn domains in the world Non-Indian Domains 0
domainking131 .XYZ Registry Reports Nearly All 5 Number Domains Sold Out New GTLDs 0
domainking131 Verisign Reports Third Quarter 2015 Results Non-Indian Domains 0
domainking131 Sedo Reports $1.6 Million In Transaction Led by Autism.Rocks at $100,000 Non-Indian Domains 0
domainking131 Sedo reports $2.2 mn in domain sales led by NKB.com at $31,000 Non-Indian Domains 0
domainking131 Flippa reports weekly domain sales led By HotDog.com at $150,000 Non-Indian Domains 0
domainking131 Sedo reports $1.1 million in weekly domain sales led by AoAo.com at $49,900 Non-Indian Domains 0
domainking131 NameJet reports $355,000 in domain sales for May, 2015 led by VEO.com at $36,100 Non-Indian Domains 0
domainking131 CoinDesk Reports On “War” Over Bitcoin.com Domain Name Cryptocurrencies 0
domainking131 Flippa Reports Weekly Sales List Led By Fije.com at $3,050 Non-Indian Domains 0
domainking131 Domain Holdings Reports Q1 2015 Results : $4.75 Million in Domain Name Sales Non-Indian Domains 0
domainking131 Sedo Reports $1.6 Million in Domain Sales led by Same.com at $233,333 Non-Indian Domains 0
domainking131 Flippa reports weekly sales list led by SpecialOffer.com at $18,100 Non-Indian Domains 0
domainking131 Sedo reports $1.5 Million in domain sales led by Daikuan.cn at 75,000 Non-Indian Domains 0
domainking131 NameJet Reports Over $630,000 in Domain Name Sales in April, 2015 Non-Indian Domains 0
domainking131 Flippa Reports weekly sales list led by PWU.com at $17,000 Non-Indian Domains 0
domainking131 Sedo Reports $1.2 Million in domain sales led by Pax.com at $200,000 Non-Indian Domains 0
domainking131 Verisign reports earnings, 1.51 million net adds Non-Indian Domains 0
domainking131 Sedo reports $1.2 million in domain sales led by Houtian.com Non-Indian Domains 0
domainking131 Flippa reports weekly domain name sales led by BuyShares.com at $15,900 Non-Indian Domains 0

Similar threads

whois



Forums dedicated to Indian domain names, including buying, selling, appraising, developing, and monetizing.

About Us

Threads
26,883
Messages
73,854
Members
7,639
Latest member
rohanarya2612
Top Bottom