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This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation ( EU ) 596/2014 as it forms part of UK domestic law by virtue of the European Union ( Withdrawal ) Act 2018 ( " MAR " ) , and is disclosed in accordance with the Company's obligations under Article 17 of MAR . 22 November 2021 CENTRALNIC GROUP PLC ( " CentralNic " or " the Company " or " the Group " ) UNAUDITED FINANCIAL RESULTS FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2021 CentralNic Group Plc ( AIM : CNIC ) , the global internet technology company that sells online presence and marketing services , announces its unaudited financial results for the nine months ended 30 September 2021. Both revenue and adjusted EBITDA have significantly increased year - on - year , driven by a combination of underlying organic growth and acquisitions . ● Financial summary : Revenue increased by 67 % to USD 282.0m ( September 2020 YTD : USD 168.5m ) Organic revenue grew 29 % between September 2020 YTD and September 2021 YTD Net revenue ( gross profit ) increased by 60 % to USD 85.5m ( September 2020 YTD : USD 53.3m ) Adjusted EBITDA * increased by 46 % to USD 32.3m ( September 2020 YTD : USD 22.1m ) Operating profit of USD 8.9m ( September 2020 YTD : USD 0.7m ) Adjusted operating cash conversion of 113 % ( September 2020 YTD : 93 % ) Net debt ** down to USD 78.6m ( cash of USD 54.0m , gross interest - bearing debt of USD 132.6m ) as compared to USD 85.0m on 31 December 2020 - despite two acquisitions for a combined USD 11.1m in the period , and the settlement of combined deferred consideration of USD 1.7m Adjusted EPS for the period increased by 5 % to USD 7.73 cents ( September 2020 YTD : USD 7.33 cents ) Financial highlights : Acceleration of organic growth from 9 % in September 2020 YTD to 29 % overall for September 2021 YTD Non - recurring revenue products contributed less than 1 % of our total revenues Successful bond tap issue of EUR 15m at 104.5 % of nominal value Acquisition of SafeBrands ( Online Presence segment ) in January 2021 and Wando Internet Solutions ( Online Marketing segment ) in February 2021 Final and interim deferred consideration payments made for Team Internet ( Online Marketing segment ) Currency exposure on the EUR 105m bond has been hedged at a locked - in average EUR / USD rate of 1.1891 Operational highlights : Very strong traction for the Group's privacy - safe online marketing technologies in context of privacy - conscious policies of Big Tech Significant investment in new management , staff and systems accelerated organic growth to record levels and positions the Group well for continued growth New Data and Al group established to improve customer service , optimise business operations and decision making , enhance marketing , reduce customer churn , and automate detection of non - compliant customer activity Appointment of Carsten Sjoerup in the new role of Chief Technology & Product Officer to lead the integration of technology and product teams across all brands , with a focus on technical expertise and new product launches Experienced non - executive directors added to the board New customer wins for the Registry business include JISC and Dot London Post period - end highlights : ● Acquisition of publishing network of revenue generating websites for a consideration of USD 6.5m in cash and assumed working capital liabilities was completed on 15 November 2021 and is expected to generate at least USD 2.0m in annualised revenue and USD 1.5m in annualised EBITDA post - acquisition Outlook : ● The Company expects to trade comfortably at the upper end of market expectations *** for the year for both revenue and adjusted EBITDA ● The accelerated organic growth seen during Q3 2021 YTD is expected to be sustained for the full year following the investment in new management , staff and systems ● The Company's market consolidation strategy continues , with opportunities being continually assessed in what is a large , globally fragmented market 1