Trade GoDaddy Inc. - GDDY CFD

About Godaddy Inc

GoDaddy Inc. is a provider of cloud-based solutions to individuals, businesses and organizations to establish an online presence, connect with customers and manage their ventures. The Company provides applications and access to third-party products and platforms. It offers various solutions, including domains, hosting and presence, business applications and connected commerce. Its domains product includes Registrations, Aftermarket and Domain Name Add-Ons. Its hosting products include Shared Website Hosting, Website Hosting on Virtual Private Servers and Virtual Dedicated Servers, Managed Hosting, and Security. Its presence products include Websites + Marketing, Marketing and Social Media Management. Its business applications products include Microsoft Office 365, Email Accounts, Email Marketing and Telephony. Its primary commerce products and services include Online Store, Smart Point-of-Sale (POS) Systems and GoDaddy Payments.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Godaddy Inc revenues increased 15% to $3.82B. Net income totaled $242.3M vs. loss of $495.1M. Revenues reflect Domains segment increase of 19% to $1.81B, Business applications segment increase of 20% to $722.4M, US segment increase of 15% to $2.54B, International segment increase of 15% to $1.27B. Net Income reflects Tax receivable agreements liability adju decrease from $674.7M (expense) to $0K.