Radix Reports Over 45% Growth in Profitability for 2018, Revenue Grows by Over 30%

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Radix Reports Over 45% Growth in Profitability for 2018, Revenue Grows by Over 30%

	By Radix (Sponsored Post) Domain Names for the New Internet
	March 12, 2019 Views: 8,541

Radix, one of the world’s largest nTLD portfolio registries, 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.

Currently, Radix is the only portfolio registry that has two of its nTLDs with over 1 million domain registrations each. While .ONLINE hit the 1M milestone in November 2018, .SITE joined the 1M league in February 2019.

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By Radix, Domain Names for the New Internet — Radix is one of the world’s leading new domain registries with 10 new extensions that include .ONLINE, .STORE, .TECH, .WEBSITE, .SPACE, .PRESS, .SITE, .HOST, .FUN and .UNO. Through these extensions, Radix is empowering business owners to get short, memorable and descriptive domain names that can be used for a website, email address, or a variety of other internet addressing purposes. For more details, visit http://www.radix.website.
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