Radix has posted its bi-annual Premium Domains Report. The report, hailing to the second quarter of 2021, shows Radix performance in that financial period. It shows continuously encouraging trends for the ‘new’ domain names company.
In the 2nd half of 2021, the company received $2.98 Million in Premium Retail Revenue. This is close to the figures reported in the first half of $2.91 Million in Premium Retail Revenue. Both the figures were the highest reported figures for the company (in their respective months). In the 2nd half of 2020, it had reported earnings of just a little over $2 Million.
Over the year the company increased their revenue by a massive 50%. Compared to 1st half of 2021, the company reported 42% growth in Premium New Registration Revenue. Out of the total Premium Retail Revenue received, 62% was achieved through Premium Renewal Retail Revenues, at the contribution of $1.81 Million. A huge chunk of the company’s revenue is from renewals. This establishes the authenticity of the service provided by the company.
Radix is a revolutionary new company in its approach towards the domain name industry. The company retails in only 10 Top Level Domains. It calls them, in a nice branding attempt, the ‘new’ Top Level Domains. The 10 TLDs are: .TECH, .PRESS, .SITE, .SPACE, .STORE, .ONLINE, .WEBSITE, .FUN, .HOST and .UNO.