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Endurance domain revenue dips

Kevin Murphy, February 7, 2019, Domain Registrars

Endurance International put in a poor show when it came to domains name sales in 2018.

Revenue and average revenue per registrant were both down in the fourth quarter and full-year results, which were announced this morning.

Endurance’s registrar business includes BigRock, Domain.com, FastDomain, PublicDomainRegistry.com and others.

Combined, those four brands account for almost 10 million gTLD domains under management, but that number has also been heading south recently.

The company said today that its fourth-quarter domain revenue was $31.3 million, down from $33 million a year earlier. It had 666,000 domain subscribers at the end of the quarter, down from 683,000.

Average revenue per subscriber for the quarter was also down, from $16.63 to $15.63.

For the full year, revenue was down from $133.6 million to $129.9 million and average revenue per subscriber was down from $16.98 to $16.05.

The shrinkage is reflected in the latest transaction reports filed with ICANN, too.

In October, the most recently reported month, all four of Endurance’s biggest registrar brands shrunk in terms of DUM.

PDR was the biggest loser — actually topping the list of shrinking registrars — shedding over 76,000 gTLD domains, over 10,000 of which was from net transfers.

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After ICANN knockback, Amazon countries agree to .amazon talks

Kevin Murphy, February 4, 2019, Domain Policy

Talks that could lead to Amazon finally getting its long-sought .amazon gTLD are back on, after a dispute between ICANN and eight South American governments.

The Amazon Cooperation Treaty Organization last week invited ICANN CEO Goran Marby to meet ACTO members in Brasilia, any day next week.

It’s not clear whether Amazon representatives have also been invited.

The outreach came despite, or possibly because of, ICANN’s recent rejection of an ACTO demand that the .amazon gTLD applications be returned to their old “Will Not Proceed” status.

In rejecting ACTO’s Request for Reconsideration, ICANN’s board of directors had stressed that putting .amazon back in the evaluation stream was necessary in order to negotiate contractual concessions that would benefit ACTO.

Amazon is said to have agreed to some Public Interest Commitments that ACTO would be able to enforce via ICANN’s PIC Dispute Resolution Process.

The e-commerce giant is also known to have offered ACTO cultural safeguards and financial sweeteners.

ACTO’s decision to return to the negotiating table may have been made politically less uncomfortable due to a recent change in its leadership.

Secretary-general Jacqueline Mendoza, who had held the pen on a series of hard-line letters to Marby, was in January replaced by Bolivian politician Alexandra Moreira after her three-year term naturally came to an end.

ICANN’s board has said it will look at .amazon again at its meetings in Kobe, Japan, in March.

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Operation September Thrust leads to another million-domain Radix gTLD

Kevin Murphy, February 4, 2019, Domain Registries

Radix has become the first new gTLD portfolio registry to hit over one million domains in more than one TLD.

It said today that .site has crossed the seven-digit threshold, joining .online, which hit a million names in 2018.

It’s huge recent growth for .site, which had around 561,000 domains under management at the end of September.

Radix CEO Sandeep Ramchandani told DI today that the rapid uptick comes as a result of a marketing program internally code-named “September Thrust”.

This involved promotional pricing — Ramchandani said the cheapest a .site could have been obtained would be about $0.99 — and joint-marketing efforts with multiple registrars.

This mostly involved plugs on registrar home pages, email shots, and promotion in the “check availability” part of registrar storefronts, he said.

The latest transaction reports filed with ICANN show .site grew by about 120,000 DUM in October, with West.cn, NameCheap and Network Solutions (Web.com) the biggest beneficiaries.

NetSol’s .site DUM actually grew by about 10x in the month.

The $1 retail pricing was apparently available at some registrars prior to September, and continues to exist on storefronts today.

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Brexit blamed as .eu hits six-year low

Kevin Murphy, February 4, 2019, Domain Registries

EURid’s .eu top-level domain has hit a six-year low in terms of total registrations, and Brexit is to blame.

The registry has just announced that it had 3,684,750 domains under management at the end of 2018, down 63,129 domains compared to the 3,747,879 it had at the end of September.

That’s the lowest end-of-quarter number since September 2012, when it had 3,665,525 domains.

EURid said in a statement that the decline can be attributed to its “ramped up efforts towards tackling domain name abuse” and “uncertainty surrounding Brexit”.

The registry recently announced that UK-based .eu registrants can expect to lose their names by May, should the country crash out of the EU with no transition deal on March 29.

EU citizens living in the UK could also risk having their names temporarily suspended.

The number of .eu domains registered to the UK addresses dropped from 273,060 at the end of Q3 to 240,887 at the end of Q4, a 32,173 decline.

EURid said it also suspended 36,520 domains for abuse during the period.

Factoring out both of these drops, registrations would have otherwise been up by about 5,000.

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CentralNic expects flat profit as revenue almost doubles

Kevin Murphy, February 4, 2019, Domain Registries

London-listed domain firm CentralNic today gave investors a sneak preview of its 2018 financial performance.

The company expects its profits at the adjusted EBITDA level to be up only slightly — from £6.6 million ($8.62 million) to £6.7 million ($8.75) — compared to 2017.

But revenue is expected to soar from £24.3 million ($31.7 million) to £42.5 million ($55.5 million), largely due to the impact of its merger with KeyDrive, which completed in August.

KeyDrive was the holding company for brands including the registrars Key-Systems, Moniker and BrandShelter, and the registry providers OpenRegistry and KSRegistry.

The Luxembourgish firm reversed into AIM-listed CentralNic in a deal, described as “transformative” for CentralNic, valued at up to $55 million.

Most of the company’s revenue now comes from the registrar part of the business, though the registry division is the more profitable.

CentralNic said today that “subscription products” are now roughly 90% of total revenue.

The company expects to save £1 million ($1.3 million) this year by migrating its old registrars over to the KeyDrive platform and migrating its new registries onto the CentralNic platform.

It has also appointed KeyDrive’s former CFO as CentralNic CFO, replacing Don Baladasan. Michael Riedl has also joined the board of directors, while Baladasan remains on the board as group managing director.

Full, audited financial results will be announced in May.

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