RE: CentralNic q3 results solid - upgrades guidance19 Oct 2022 21:19
"Only gray cloud is this this extreme growth in their online marketing segment is likely amplifying the already eye wateringly high customer concentration risk in the online marketing segment"
I'm really not sure what your talking about. Centralnic has an exceptionally high level of diversification in relation to its customer base.
Its Online Presence division connects more than 1,500 domain name suppliers to more than 20,000 resellers and they estimate they have in the region of 250,000 small-to-medium sized business customers. Where as its online marketing platform has over 4,500 online marketers/media buyers so not really that concentrated at all.
Additionally full year revenue is now looking like approx $700 million USD.