Endurance International Group Holdings, Inc. (EIGI), which bought Directi for $110 million ealier this year, has purchased the assets of BuyDomains.com in the according to its financial results for its third quarter ended September 30, 2014.
Endurance also owns a number of domain name registrars and hosting companies.
Under “Third Quarter Operating Highlights” the company announced they acquired three company’s for a total of $77 Million:
“During the quarter, the company acquired Webzai, Ltd. and the assets of BuyDomains.
In addition, on October 31, 2014, the company acquired the assets of Arvixe, LLC.”
This is the first report of that BuyDomains was sold by Name Media or that Endurance purchased it.
BuyDomains reportedly owned hundreds of thousands of domain names.
Here is the rest of the report:
Third Quarter Financial Highlights
(in millions) Q3 2014 Actuals Year over year growth
Adjusted Revenue $164.9 23%
Adjusted EBITDA $58.0 16%
GAAP revenue was $160.2 million, an increase of approximately 21 percent compared to $132.9 million in the third quarter of 2013.
Net loss attributable to Endurance International Group Holdings, Inc. was $7.9 million, or $(0.06) per diluted share, compared to a net loss of $27.0 million, or $(0.28) per diluted share, for the third quarter of 2013.
Adjusted revenue was $164.9 million, an increase of approximately 23 percent compared to $134.2 million in the third quarter of 2013.
Adjusted revenue, excluding the impact of Directi, which contributed $13.0 million to adjusted revenue for the quarter, was $152.0 million, an increase of over 13 percent over the third quarter of 2013.
Adjusted EBITDA was $58.0 million, an increase of over 16 percent compared to $49.9 million in the third quarter of 2013.
Unlevered free cash flow (UFCF) was $50.1 million, an increase of approximately 17 percent compared to $43.0 million in the same period a year ago.
Free cash flow (FCF) was $35.8 million, an increase of over 72 percent compared to $20.8 million in the third quarter of 2013.
Third Quarter Operating Highlights
Total paying subscribers increased by 94,000 in Q3 2014. Excluding the impact of Directi, total paying subscribers increased by 93,000.
Total paying subscribers were approximately 3.841 million at the end of Q3 2014, an increase of 12 percent compared to approximately 3.440 million at the end of Q3 2013.
Average revenue per subscriber (ARPS) was $14.49, an increase of 10 percent compared to $13.14 for Q3 2013.
Excluding the impact of Directi, ARPS was $13.54, an increase of 3 percent compared to $13.14 for Q3 2013 and an increase of $0.19 over Q2 2014.
During the quarter, the company acquired Webzai, Ltd. and the assets of BuyDomains.
In addition, on October 31, 2014, the company acquired the assets of Arvixe, LLC. The total consideration for these acquisitions is expected to be approximately $77 million.
So did they bought BuyDomains.com or some of its assets?
Cool, now the headline reflects the nature of transaction