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" As a result of a series of innovations and continuous improvements, Team Internet has returned to growth in Q3 2019 and is expected to do so going forward."
( guess what that means.. )
· Team Internet ( Parking Crew ) generated US$66.7m of revenue (unaudited) and US$10.6m of Adjusted EBITDA (unaudited) in the 12 months to 30 June 2019
Team Internet is based in Munich, Germany.
Over the ten years since it launched, it has continuously developed its platform and delivered audited revenues of US$75.6m and Adjusted EBITDA of US$14.2m in the year ended 31 December 2018, and US$66.7m of revenue (unaudited) and US$10.6m of Adjusted EBITDA (unaudited) in the 12 months to 30 June 2019.
Team Internet experienced an increase in revenues in the year ended 31 December 2017 due to the collapse of a competitor.
Following a period of rationalisation and focus on retaining high quality customers, Team Internet’s revenues have reduced to levels that are stable and highly recurring in nature. From this revised base, Team Internet has returned to month on month revenue growth in Q3 2019.
Team Internet’s revenue is highly recurring with approximately 35,000 individual customers signed to rolling contracts to monetise a total of more than 20 million domain names using Team Internet’s proprietary technology for matching domain names with the highest paying advertisers. These contracts earn revenues for Team Internet on a monthly recurring basis with high levels of retention.
source:
https://onlinedomain.com/2019/11/16...acquires-team-internet-parkingcrew-and-tonic/
how was your parking income lately?
" As a result of a series of innovations and continuous improvements, Team Internet has returned to growth in Q3 2019 and is expected to do so going forward."
( guess what that means.. )
· Team Internet ( Parking Crew ) generated US$66.7m of revenue (unaudited) and US$10.6m of Adjusted EBITDA (unaudited) in the 12 months to 30 June 2019
Team Internet is based in Munich, Germany.
Over the ten years since it launched, it has continuously developed its platform and delivered audited revenues of US$75.6m and Adjusted EBITDA of US$14.2m in the year ended 31 December 2018, and US$66.7m of revenue (unaudited) and US$10.6m of Adjusted EBITDA (unaudited) in the 12 months to 30 June 2019.
Team Internet experienced an increase in revenues in the year ended 31 December 2017 due to the collapse of a competitor.
Following a period of rationalisation and focus on retaining high quality customers, Team Internet’s revenues have reduced to levels that are stable and highly recurring in nature. From this revised base, Team Internet has returned to month on month revenue growth in Q3 2019.
Team Internet’s revenue is highly recurring with approximately 35,000 individual customers signed to rolling contracts to monetise a total of more than 20 million domain names using Team Internet’s proprietary technology for matching domain names with the highest paying advertisers. These contracts earn revenues for Team Internet on a monthly recurring basis with high levels of retention.
source:
https://onlinedomain.com/2019/11/16...acquires-team-internet-parkingcrew-and-tonic/
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