Radix revenue grows by over 30% in 2018

Radix announced today that it grossed $16.95M in total revenue in 2018, a 30% rise over its revenue in 2017. The registry’s net profit also grew by 45.6% in comparison to last year. Overall, Q4 2018 was its strongest quarter.

In the total annual revenue of $16.95M, 27% has been contributed by standard registrations and 60% by standard renewals. Radix’s premium domains cumulatively generated over $1.9M in revenue, of which 56% can be attributed to premium renewals. One-time premium sales contributed to $113K in revenue.

Based on registrars’ country, the top contributor to Radix’s revenue has been the US with 48% of the total share, followed by Germany with 12%, and China with 6%.

When compared to 2017, Radix’s renewal revenue has grown by 43%.

“This is indicative of Radix’s focus on maintaining a strong renewal rate through expansive end-customer marketing for its TLDs.”

Radix portfolio has 9 new extensions that include .ONLINE, .STORE, .TECH, .WEBSITE, .SPACE, .PRESS, .SITE, .HOST, and .FUN; as well as 1 re-purposed ccTLD, .PW.

.ONLINE hit the 1 million registrations in November 2018 while .SITE reached 1 million domains in February 2019. It remains to be seen if domain registrations will remain at this level.