Radix, operator of 10 new gTLDs with 5.8 million domains under management, the second largest DUM of all new gTLD registries, grossed over $21 million in revenue in 2019, which was up by a quarter (26%) on 2018, while net profit grew by over half (54%) with the fourth quarter of 2019 Radix’s strongest quarter ever.
Of the total annual revenue of over $21m, a quarter (25%) came from standard registrations and almost two-thirds (64%) from standard renewals. Radix’s premium domains cumulatively generated over $2m in revenue, with over half (58%) attributed to premium renewals. One-time premium sales contributed over $93K in revenue. The $21m in revenue is net of all discounts and rebates.
Based on registrars’ country data, the top contributor to Radix’s revenue has been the United States with half (50%) of the total share, followed by Germany (12%), and China (7%).
In 2018, Radix had reported a 45.6% growth in net profit over the previous year. With a 54% growth in 2019, Radix has managed to increase YoY growth rate in net profit owing to increased economies of scale and better resource allocation. Currently, Radix is the only new gTLD registry with 2 new gTLDs with over 1 million domain registrations each. .online hit the one million registrations milestone in November 2018, while .site joined the one million club 3 months later in February 2019. Late last year, Radix acquired .uno; it’s second 3-letter new gTLD after .FUN.