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By BFN News | 02:48 PM | Monday 25 January, 2021 Internet domain name owner Minds + Machines (MMX) has announced the appointment of Tony Farrow as chief executive and reported that revenues in 2020 were in line with the prior year, helped by consistent renewal revenue and an increase in new standard registration revenue.
Farrow, who rejoined the company at the end of October as interim chief executive, will join the board of directors following completion of regulatory due diligence.
In a trading update, MMX announced that revenues for the full year 2020 were largely in line with those for 2019, with renewal revenue consistent at 68%, while new standard registration revenue increased to 24%, with reduced dependency on premium domains.
25 January 2021 | 14:48pm
StockMarketWire.com - Internet domain name owner Minds + Machines (MMX) has announced the appointment of Tony Farrow as chief executive and reported that revenues in 2020 were in line with the prior year, helped by consistent renewal revenue and an increase in new standard registration revenue.
Farrow, who rejoined the company at the end of October as interim chief executive, will join the board of directors following completion of regulatory due diligence.
In a trading update, MMX announced that revenues for the full year 2020 were largely in line with those for 2019, with renewal revenue consistent at 68%, while new standard registration revenue increased to 24%, with reduced dependency on premium domains.