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Welcome to the The
Lowdown from
DN Journal - your source for notable news
and information from all corners of the global domain name
industry!
The Lowdown
is compiled by DN Journal
Editor & Publisher Ron Jackson. |
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Radix
Revenue Rose Over 35% in 2021 Producing a 60%
Surge in Profit Compared to 2020
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Radix,
one of the world’s largest registries for new
top level domains, announced today that the
company generated over $38 million in total
revenue in 2021, a 35% jump from their
revenue in 2020. Radix’s net profit soared by an
even higher percentage, over 60% more in
2021 compared to the previous year. Over the past
two-year period, Radix has seen its net profit
almost double. Radix
reported that the bulk of their $38 million in
revenue - 72% - came from |
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standard
registration renewals while new standard
registrations produced 15% and premium
registrations accounted for 12.5%.
Based
on registrars’ country data, Radix reported the
top contributor to their revenue was the United
States with 47% of the total share. The
top nTLD that contributed over 30%
to Radix’s total revenue was .Online,
followed by .Site and .Store.
.Online has consistently been the highest revenue
contributor for Radix over the past two years and
an internal analysis they did indicated .Online
has been the top nTLD by renewal revenue
across the industry in 2021. |
(Posted
April 5, 2022)
*****
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