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ICANN domains revenue ahead of estimates again
Kevin Murphy,
November 4, 2021, 09:21:02 (UTC),
Domain Policy
ICANN made a few million dollars more than expected in the third calendar quarter, according to its latest financials.
Overall revenue for the three months ended September 30, ICANN’s first fiscal quarter, was $38 million, ahead of the budgeted $35 million and the $36 million in the year-ago quarter.
Expenses were $27 million against a $32 million budget, due again to the lack of travel because of the pandemic. ICANN meetings are costing around $500,000 a pop right now, mostly spent on interpreters and translation, a few million bucks less that it normally spends.
The Org was running at an excess (profit) of $10 million for the quarter, compared to a $3 million budget.
ICANN said (pdf) that registry and registrar transaction fees, a good indicator of sales in the domain name industry, came in at $15 million and $10 million respectively, both $1 million better than the budget.
Other registrar fees, which includes fixed accreditation fees, were also $1 million over budget, at $4 million, perhaps due to the fact that not as many registrars de-accredited as expected.
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