Annual Report, Notice of Q1 Update, AGM & Dividend

27 March 2023

CentralNic Group plc

("CentralNic" or the "Company" or the "Group")

Audited Annual report 2022

Notice of Q1 2023 Trading Update

Notice of Annual General Meeting

and

Dividend Timetable

CentralNic Group plc (AIM: CNIC), the global internet platform which helps online consumers make informed choices, is pleased to announce that, further to its announcement on 27 February 2023 titled "UNAUDITED PRELIMINARY ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022" (the "Results Announcement", the Audited Annual report for the financial year 2022 is now available on the Group's website at the following link: https://investor.centralnicgroup.com/wp-content/uploads/2023/03/annual-report-2022.pdf. The Annual report and accounts will shortly be posted to those shareholders who have opted to receive a hard copy.

All key figures have been confirmed and are without change from the announcement made on 27 February 2023, namely:

·      Revenue increased by 77% to USD 728.2m (FY2021: USD 410.5m)

·      Organic revenue increased by 60% (FY2021: 39%)

·      Net revenue (gross profit) increased by 50% to USD 177.7m (FY2021: USD 118.5m)

·      Adjusted EBITDA increased by 86% to USD 86.0m (FY2021: USD 46.3m)

·      Operating profit increased by 172% to USD 33.6m (FY2021: USD 12.4m)

·      Profit before tax increased dramatically to USD 14.8m (FY2021: USD 1.6m)

·      Net debt reduced by 30% to USD 56.6m (31 December 2021: USD 81.4m) notwithstanding c. USD 41.0m M&A net of related equity raises

·      Leverage reduced to 0.9x pro forma EBITDA (31 December 2021: 2.2x)

·      Adjusted operating cash conversion of 110% (FY2021: 122%)

·      Adjusted EPS for the year increased by 70% to 20.01 US cents (FY2021: 11.80 US cents)

·      Proposed final dividend of 1.0p, reflecting a greater emphasis on returns to shareholders in the future

As Environmental, Social, and Governance ("ESG") considerations form an ever-increasing role in the Group's decision processes, the Annual report 2022 includes a more comprehensive presentation of our strategy on ESG and how our initiatives feed into that strategy.

The Directors are also pleased to confirm that the Group continues to be confident in its ability to meet market expectations.

Notice of Q1 2023 Trading Update

The Company further announces that it will publish a trading update for the three months ended 31 March 2023 on Monday, 24 April 2023.

Annual General Meeting

The Company also announces that its 2023 Annual General Meeting ("AGM") will be held at 10:30 BST on Monday, 24 April 2023 at the Company's registered office at 4th Floor, Saddlers House, 44 Gutter Lane, London, EC2V 6BR. The Notice of AGM document will shortly be available on the Company's website at: https://investor.centralnicgroup.com/investors/announcements/.

The Company is offering facilities for shareholders to attend by conference call to ask questions in real time should they wish to do so.

Shareholders will be able to follow the proceeding of the AGM over the online Investor Meet Company platform by registering in advance via the following link: https://www.investormeetcompany.com/centralnic-group-plc/register-investor

Shareholders who already follow CENTRALNIC GROUP PLC on the Investor Meet Company platform will automatically be invited.

Shareholders are invited to submit any questions in respect of the meeting for the Board to consider. Questions may be submitted in advance up until 09:00 BST the day before the meeting or during the meeting over the Investor Meet Company platform following registration, and the Board will aim to respond to any such questions relevant to the business of the meeting.

Shareholders taking part via the Investor Meet Company platform will not be able to speak or vote on the AGM resolutions. Shareholders are therefore strongly encouraged to exercise their voting rights by completing and submitting a Form of Proxy. It is highly recommended that Shareholders submit their Form of Proxy as early as possible to ensure that their votes are counted at the AGM. Shareholders are strongly encouraged to appoint the Chairman as your proxy to ensure that each Shareholder's vote will be counted in the event of restrictions on shareholders and proxies attending the AGM in person.

Dividend Timetable

As noted in the Results Announcement, CentralNic is proposing a maiden final dividend of 1.0p per share to be approved at the AGM as the next step in the Groups plan to return cash to shareholders. The dividend will be payable on 16 June 2023 for shareholders on the Company's register of members at close of business on 5 May 2023.

Michael Riedl, CEO of CentralNic, said:

"CentralNic's 2022 results reflect the Group's most outstanding year to date. The combination of record organic growth with accretive acquisitions executed in 2022 positions the Group to carry on executing on its strategy and delivering value to our audiences while continuing to achieve success."

About CentralNic Group plc

CentralNic (AIM: CNIC) is a fast-growing London-headquartered software company which helps online consumers make informed choices through privacy-safe and AI-based customer journeys that convert general interest internet users into high conviction buyers. It also operates a leading network for the automated distribution of domain names and associated services. It has delivered 78% CAGR since its IPO in 2013 through a combination of organic growth and acquiring and integrating cash generative businesses in its industry with annuity revenue streams and exposure to revenue markets. 

For more information please visit: www.centralnicgroup.com

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