26 May '15, 11pm

Minds + Machines Reports Earnings For 2014: Profit $22 Million: $46 Million in the Bank

Minds + Machines (LON:MMX) reported its audited results for the year ended 31 December 2014. Minds + Machines reported a profit before in 2014 of $22.06 million against a profit of $1.14 million in 2013, largely as a result of receiving $33.72 Million for withdrawing applications for new gTLD’s that were in private auctions. The company made $6.44 million in 2013 for withdrawing applications Revenue from registry and registrar services, and this totaled $1.92 Million in 2014, up from $56,000 the year before. In 2014 Minds + Machines acquired six TLDs in 2014, launched nine TLDs for itself and three for clients in which Minds + Machines operate as a back end for other registries .London, .Kiwi and .GOP. Minds + Machines finished 2014 with $45.80 Million in the bank up from $14.88mln at the end of 2013. The company said as of the end of April they have more than $48 Million ...

Full article: http://www.thedomains.com/2015/05/26/minds-machines-repor...

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