Pre-tax profits dip 24% at dot.ie registry in past year

Pre-tax profits at the firm that operates the dot.ie internet domain name registry decreased by 24% to €253,462, last year, in spite of revenues increasing by 5%.

New accounts filed by IE Domain Registry show that the firm’s revenues jumped by €136,000 during the year going from €2.58m to €2.72m in the 12 months to the end of December.

The company said in its annual report: “Net additions to the .ie domain registry to year end 31 December 2014 were 8,730, which is a 75.1% increase on net additions in 2013 (4,985), and amounts to a net yearly growth of 4.7%.”