Login

WEB.COM GROUP, INC.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2018 10-Q, filed Jul 31, 2018. Its latest SEC filing is a SC 13G/A from Feb 7, 2019.

The sections below describe the company as of the FY2017 annual report.

What Did They Do?

Provides small businesses with domains, website hosting and design, and online marketing services.

How Did They Make Money?

Small businesses pay mainly through subscriptions for web, marketing, eCommerce and domain services, usually billed in advance; custom website and online store design is generally billed at a fixed price and paid when the work is completed.

FY2017 revenue

Who Were Their Customers?

Small businesses, generally with fewer than 20 employees, buy through Web.com’s websites, sales teams and local sales staff, as well as through resellers, affiliates and private-label partners. Franchise networks and corporations buy for their organization and individual locations.

Did Revenues Turn Into Profits?

Yes. It kept 7 cents of every revenue dollar as net income in FY2017 and turned 17 cents into free cash flow.

Operating income, FY2017
12% of revenue
▲ +98% vs FY2016 ($44.7M, 6%)
Net income, FY2017
7% of revenue
▲ +1244% vs FY2016 ($4M, 1%)
Free cash flow, FY2017
17% of revenue
▲ +16% vs FY2016 ($110.7M, 16%)

How Were They Changing?

Since the FY2017 annual report
Latest quarter: Q2 FY2018, the three months to Jun 30, 2018
Revenue
▼ 0%
vs $186.7M in Q2 FY2017
Net income
▼ −23%
vs $8M in Q2 FY2017
  • Oct 11, 2018 Siris affiliate acquired Web.com, which became privately held and left Nasdaq Web.com became a wholly owned subsidiary of the buyer after the merger closed.
  • Aug 6, 2018 Web.com amended the Siris merger agreement, raising the cash offer per share The amended agreement increased the cash consideration from $25.00 to $28.00 per share.

Grew. Revenue grew 52% in 4 years, from $492.3M in FY2013 to $749.3M in FY2017, about 11% a year.

Who Did They Compete With?

Competes with GoDaddy, Wix.com, 1&1 Internet, and Endurance International Group

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support