Revenue jumps 35% year over year.
Privately held top level domain name company Radix reported some of its financials today.
The company grossed over $38 million in revenue in 2021, up 35% from 2020. That number is net of all discounts and rebates.
Radix’s net profit was up 60% during this period.
Most of the revenue came from standard renewals, which accounted for 72% of revenue. Standard registrations made up 15%. Premium domains generated 12.5% of revenue. (Radix reported $6 million of premium revenue last year, but that was at the registrar level. Radix gets only a portion of that revenue.)
The United States accounted for nearly half of the revenue. .Online contributed 30% of the company’s revenue, followed by .site and .store. Radix believes that .online is the top new top level domain by renewal revenue out of all of the new TLDs.
Post link: Radix posts $38 million revenue in 2021
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Original article: Radix posts $38 million revenue in 2021
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