Financial Information

As Irish unemployment increases and our economy struggles, it’s great to hear of successes being achieved. The IEDR have announced in their annual report that .ie registrations are going from strength to strength.

Donal O’Nuallain from the IEDR released in a recent newsletter the following highlights :

• 2010 new .ie domain registrations were 36,587 (37,055 in 2009)
• Total .ie domains increased by 12.9% year-on-year to 153,419
• Registration fee income increased by 9.7% to €2.56 million
• Registry operating costs up by 1.6%
• Operating profit up 50% to €582,639
• .ie increased market share by 1.6% to 41.5% (compared to .com and .eu)
• 150,000th .ie domain registration milestone passed
• McAfee security survey reported .ie namespace remained in the top five safest in the world.

The IEDR (IE Domain Registry) are the government agency that manage the registration of .ie domain. This performance year on year will enable the IEDR to invest in the development of the .ie domain registration system. Which some will know can cause frustration. Although the current registration process is how the .ie domain name is classified as one of the top 5 safest in the world.

Donal is the Marketing Executive at IE Domain Registry Ltd and in his newsletter he said the following,

IEDR performed strongly in 2010 during a difficult year for the Irish economy. Registration revenue increased to €2.56 million, a 9.7% increase on 2009, reflecting volume growth of 26.9%, offset by price reductions and price promotions. Cost control measures were balanced by the strategic priority for ongoing investment and stakeholder outreach activities. Administration expenses of €892,062 represented a 6.7% increase compared to 2009 and employment costs increased by 24.5%, as average employee numbers increased from 12 to 15, reflecting the recruitment of additional technical services and other staff during 2010.

This report releases the top 10 domain registration companies in Ireland for 2010 :