Radix revenue grows by over 30% in 2018

Radix registry

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.

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About Konstantinos Zournas

Konstantinos studied Computer Engineering and Computer Science in London and lives in Athens, Greece. He loves domains and building websites. He is online since 1995, learned about html in 1996 and got into domains in 2002. He started the OnlineDomain.com blog in 2012.

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