Report details last years results including director remuneration.
Top Level Domain Holdings has released its annual report (pdf) for the year ending October 31, 2011.
The company owns 100% of new TLD applicant and consultancy Minds and Machines LLC, 65% of a group going after the .nyc top level domain, 25% of a group going after .eco, as well as the web sites TutorialBlog and AppCraver.
As would be expected of a company betting on new top level domains, it continues to lose money. It had total revenue last year of £54,000 with income of (£1,868,000).
Former ICANN Chairman of the Board Peter Dengate Thrush, who joined the company in July, received £36,000 in directors fees and £115,000 in consulting fees for his three and a half months of service. He also has 15 million options in the company at a strike price of 8 pence.
Meyer says
“It had total revenue last year of £54,000 with income of (£1,868,000).”
Instead of income, don’t you mean loss?
Meyer says
I understand the (N) means loss. It just reads better by stating loss.
Andrew Allemann says
@ Meyer – yeah, I should have said loss. My days studying finance took over there.
Jonathan says
I would like your views on the Owen Frager post & comment:
“QR codes essentially mean being able to do a massive number of print insertions (magazines, signs, flyers etc.) and being able to track the traffic on a granular level without having to create dozens of vanity URLs per campaign. Just slap a campaign ID onto the end of a landing page URL, encode it in a QR Code, and you’ve got granular tracking. You can tell that someone scanned a subway sign as opposed to an ad in a magazine – even though they’re ending up in the same destination with their click-through/scan.”
All of which reminds me there is tremendous application for vanity domains to track response back to specific media and campaigns.
Jonathan said…
Owen@ What do you consider the long term impications of QR codes might be in relation to direct online use?
Seems to be the holy grail for Google adword auctions? No point in TLD registrations if all registrations (QR codes) are cognative calls to action. ICANN cannot be luddite in its views, Finding this difficult to get my head around. Will tell my grandson to become a trademark attorney and take on Twitter.
ASK says
It remains to be seen how long it will take for the company to become profitable. The new tlds .nyc and .eco will go up for bid because there are any number of entities that will be applying for them.
Andrew Allemann says
@ ASK – they’re going to invest a ton on applications and marketing. It’s definitely a long term play.
Jonathan says
Still like your comment / views I would like your views on the Owen Frager post & comment: