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Revenue dips as Brexit whacks .eu in 2018

Kevin Murphy, April 16, 2019, 12:21:04 (UTC), Domain Registries

.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 the EU in 2016 but has yet to follow through, sank from the fourth-largest .eu country to the sixth, now behind less populous countries Poland and Italy.

EURid and the UK government have warned UK-based registrants that they stand to lose their domains after Brexit is actually executed (if it ever is)

As Brits abandoned their .eu names by the tens of thousands, EURid also suspended over 36,000 domains for abuse, which affected its annual total.

The decline hit EURid’s revenue, which was down to €12.7 million, from €13.3 million in 2017. Profit was down from €1.7 million, from €2 million.

The data was published in the registry’s annual report (pdf), published yesterday.

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