Reglikedomain industry desk

Fresh TLD firm Radix posts $28 million revenue in 2020

Fresh TLD firm Radix posts $28 million revenue in 2020

Revenue and profit surged during 2020.

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Fresh top level domain name firm Radix grossed $28 million in revenue in 2020, the firm disclosed. That’s up 31% over 2019 numbers and is a better topline growth rate than the 26% growth between 2018 and 2019. These numbers are net of all discounts and rebates.

Net profit was up 36% over 2019. It’s a healthy clip, although down from the firm’s stellar 54% growth in profits in 2019 vs. 2018. (The firm did not disclose the actual dollar amount.)

Here’s the breakdown of revenue contribution:

  • 20% standard registrations
  • 64% standard renewals
  • 16% premium, of which 54% was renewal revenue

Radix operates ten fresh top level domains: .online, .store, .tech, .website, .space, .press, .site, .host, .fun, and .uno.

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