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The above graph represents GoDaddy revenue vs net income by year, starting from fiscal 2012 to the recently completed year. The company reported its highest-ever annual revenue of $2,988.1 million in 2019, with a net profit of $138.4 million. That showed an appreciable 12.3% YoY and 56.4% YoY growth in revenue and net income, respectively.
Growth in GoDaddy Annual Revenue and Net Income: History
|Source||GoDaddy Annual Reports|
|Note||GoDaddy fiscal year starts from January 1st|
One must note that a majority of the company’s total revenue comes from the domain registrations and renewals, followed by hosting and presence, and business applications products.
In 2013, the world’s biggest domain registrar achieved a big milestone as annual revenue crossed $1000-million mark for the first time since inception. GoDaddy’s annual revenue increased a strong 24.1% YoY in 2013 to a whopping $1,130.8 million, globally. However, the company reported a net loss of $199.9 million during that year. In just 4 years, the company almost doubled its annual revenue, amounting to $2,231.9 million.
About GoDaddy Inc.
GoDaddy Inc. (NYSE: GDDY) is the world’s one of the largest internet domain name registrar and web hosting company. In 1997, Bob Parsons formed a company named “Jomax Technologies”, which later became GoDaddy. On May 28, 2014, the company was incorporated in Delaware.
In 2005, GoDaddy became the largest ICANN-Accredited registrar on the Internet.
In January 2009, GoDaddy began offering .IN domain names to small businesses in India. While in June 2012, the company launched its full-scale operations in India which soon became the company’s largest international office.
In July 2011, GoDaddy Group Inc agreed to be bought by a private equity consortium led by KKR, Silver Lake, and Technology Crossover Ventures, for about $2.25 billion.
On April 7, 2015, GoDaddy completed its initial public offering (IPO) of 26,000,000 shares of its Class A common stock, at a public offering price of $20.00 per share.
GoDaddy’s top acquisitions include Outright.com (July 2012), M.dot Inc (February 11, 2013), Locu (August 19, 2013), Media Temple (October 15, 2013), Afternic (September 19, 2013), Mad Mimi (August 20, 2014), Worldwide Media (December 7, 2015), FreedomVoice for $42M (May 17, 2016), ManageWP (September 6, 2016), Cognate (September 25, 2018), Sellbrite (April 10, 2019).
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