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August 22, 2019 04:53

You are browsing the archive for financials.

Revenue dips as Brexit whacks .eu in 2018

.eu saw its registrations sink substantially in 2018, largely due to Brexit, which affected its revenue and profit. Registry EURid said yesterday that it was managing 3,684,750 .eu domains at the end of the year, down by 130,305 over the year. It’s .eu’s lowest end-of-year domain count since 2012. The UK, which voted to leave […]

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.london disaster leads to mixed 2018 for MMX

New gTLD registry MMX, aka Minds + Machines, suffered a huge net loss in 2018, largely due to its disastrous .london contract, even while its operating fundamentals improved. For the year, MMX reported a net loss of $12.6 million, compared to a 2017 profits of $3.8 million, on revenue up 5% to $15.1 million. The […]

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MMX rejected three takeover bids before buying .xxx

MMX talked to three other domain name companies about potentially selling itself before deciding instead to go on the offensive, picking up ICM Registry for about $41 million. The company came out of a year-long strategic review on Friday with the shock news that it had agreed to buy the .xxx, .adult, .porn and .sex […]

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MMX could announce acquisition this week

New gTLD registry MMX could announce plans to be acquired as early as this week. The company told the markets last week that its delayed 2017 financial results would be announced in “early May”, along with the “conclusion of the strategic review” it has been teasing investors about for almost a year. The “strategic review”, […]

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Radix says it’s profitable after making $12 million this year

New gTLD stable Radix said today that it expects to top $12 million in revenue this year. The company also told DI that it is currently profitable. Radix, which counts the likes of .site and .store among its portfolio of nine active gTLDs, said revenue so far for the calendar year has been tallied at […]

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CentralNic extends XYZ deal until 2032

CentralNic and XYZ.com have extended their registry services pact for the next fifteen years, according to CentralNic. Announcing its first-half 2017 financial results today, CentralNic said the back-end contract has been extended until 2032. It’s an unusually long duration for a registry services contract, which are usually much more likely to run about five years. […]

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Krueger removed as chair as M+M finally starts seeing some revenue

Minds + Machines co-founder Fred Krueger has been kicked out of his job as executive chairman of the company. The news came as the new gTLD registry reported its first full year of results as a proper, revenue-generating company. The company reported revenue of $1.9 million for 2014, compared to $56,000 in 2013. Its report […]

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