Reglikedomain industry desk

Domain name firm Radix posts $21 million revenue in 2019

Domain name firm Radix posts $21 million revenue in 2019

Profits surge 54% in the latest year.

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Fresh top level domain name firm Radix generated over $21 million in revenue in 2019, growing 26% compared to 2018. Net profit grew 54% year-over-year, and the firm states that Q4 was its strongest quarter so far. These numbers are net of all discounts and rebates.

The firm is privately held and does not disclose all of its financials. But the breakdown of revenue appears healthy:

  • 64% standard renewals
  • 25% standard fresh registrations
  • 11% premium sales, of wich 58% is renewals

On a revenue basis (not domains), the United States accounted for 50% of revenue. Germany was second at 12% and China at 7%.

Radix operates ten fresh top level domain names (.online, .store, .tech, .website, .space, .press, .site, .host, .fun and .uno) plus the .pw country code domain name.

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