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RIGHTSIDE GROUP, LTD.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q1 FY2017 10-Q, filed May 9, 2017. Its latest SEC filing is a UPLOAD from Aug 29, 2017.

The sections below describe the company as of the FY2016 annual report.

What Did They Do?

Sells domain-name registrations and related online services to businesses and consumers, and operates registries for domain-name extensions.

How Did They Make Money?

Customers pay upfront for domain-name registrations, usually for terms of one to ten years, and for related services on monthly or annual subscriptions. Rightside also earns commissions on completed domain sales and shares advertising revenue with domain owners.

FY2016 revenue

Who Were Their Customers?

Businesses and consumers register domain names directly through Name.com; third-party registrars and partners such as website builders and email providers distribute registry names to their customers. Rightside also earns advertising revenue through an advertising-network partner.

Customers above 10% of revenue, FY2016
of revenue from one customer
FY2015: 39% from one customer

Did Revenues Turn Into Profits?

Not on paper. It lost $33.7M in FY2016, but brought in more cash than it spent: $1.3M of free cash flow.

Net income, FY2016
−54% of revenue
▲ +197% (Loss) vs FY2015 (−$11.3M, −20%)
Free cash flow, FY2016
2% of revenue
▼ −32% vs FY2015 ($2M, 3%)

How Were They Changing?

Since the FY2016 annual report
Latest quarter: Q1 FY2017, the three months to Mar 31, 2017
Revenue
▼ −13%
vs $16.6M in Q1 FY2016
Net income
▲ Now profitable
vs −$5.1M in Q1 FY2016
  • Jul 28, 2017 Donuts acquired Rightside Rightside became Donuts' wholly owned subsidiary and requested Nasdaq delisting.

Shrank. Revenue fell 64% in 4 years, from $173M in FY2012 to $62.1M in FY2016, about 23% a year.

Who Did They Compete With?

Competes with VeriSign, Afilias, Public Interest Registry, GoDaddy, Web.com, and 1 & 1

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