Featured in the  Wall Street Journal · Forbes ·  Bloomberg · IBD ·  ABC News · BBC News ·  CNN/Money · MSNBC · USA Today · New York Times

Home

March 12, 2019

Domain Sales

About Us

YTD Sales Charts

E-Mail Us

The Lowdown

News Headlines

Articles

Resources

Archive

DNJ Newsletter

The Lowdown Subscribe to our RSS Feed
Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

Radix Reports a 30% Rise in Revenue That Pushed the Registry Operator's 2018 Profit Up 45%

Radix, one of the world’s largest new TLD portfolio registries, announced that it grossed $16.95 million in total revenue in 2018, a 30% rise over its revenue in 2017. The registry’s net profit soared too, growing 45.6% in comparison to last year. They also ended the year on a high note with Q4 2018 as their strongest quarter.   

In breaking down their main sources of revenue, Radix noted 27% came from standard registrations and 60% from standard renewals.   Radix’s premium domains accounted for the rest, generating $1.9 million with 56% of that money attributed to premium renewals.

A breakdown of revenue by geographic location showed the United States as the top contributor to Radix’s revenue, generating 48% of the total share, followed by Germany with 12%, and China with 6%.  

The company's renewal revenue grew by 43% last year compared to 2017, something CEO Sandeep Ramdchandani said was "indicative of Radix’s focus on maintaining a strong renewal rate through expansive end-customer marketing for its TLDs."  

 

Sandeep Ramchandani
CEO, Radix
 

Radix is currently the only portfolio registry that has two of its TLDs standing at over 1 million domain registrations each. .ONLINE hit the 1 million milestone in November 2018 and .SITE joined the 1M club in February 2019.   

Radix operates seven other new extensions including .STORE, .TECH, .WEBSITE, .SPACE, .PRESS, .HOST, and .FUN; as well as one re-purposed ccTLD, .PW.

(Posted March 12, 2019) 

VPS Web Hosting


For all current Lowdown posts - Go Here


We need your help to keep giving domainers The Lowdown, so please email editor@dnjournal.com with any interesting information you might have. If possible, include the source of your information so we can check it out (for example a URL if you read it in a forum or on a site elsewhere). 

 Home  Domain Sales  YTD Sales Charts   The Lowdown  News Headlines  
Articles   Resources  Classified Ads  Archive  About Us

Latest news of the domain name industry

Copyright 2019 DNJournal.com - an Internet Edge, Inc. company. 
No material may be copied from this site without expressed written consent.