Most private companies do not share revenue figures and other internal financial benchmarks. I think many look at the privacy aspect as an advantage of running a privately held business.
This morning, Radix published a press release with some of its financial data. I don’t recall seeing other private companies in the domain space share their numbers, so it is a unique bit of insight. As you know, Radix is a privately owned domain registry operator. The company operates nine new gTLD domain extensions, including .Website, .Online, .Host, .Tech, and several others. Here is some of the data Radix shared:
- $11.7 million in annual revenue, not including December (expected to surpass $12 million)
- More than 50% of total revenue was contributed by non-premium domain renewals
- $1.76 million in revenue attributed to premium domains sold and renewed (both via registrar channel and direct)
- 49.6% of revenue from the US, 14.4% of revenue from Germany, and 7.7% of revenue from China
Interestingly, when Donuts was named a Deloitte Technology Fast 500 award winner, the company shared its revenue growth but was not required to share its actual revenue figures. It would be neat to see how Donuts’ revenue compares to the $12m revenue figures shared by Radix.
Here’s the press release Radix shared with me this morning:
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