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TheDomains.com

Marchex’s Archeo Division Sells 81 Domains For $1.9 Million; Ave Price $23,500

November 5, 2013 by Michael Berkens

 

Marchex report earnings today after the market closed and its Archeo unit which operates the domain name portfolio of Marchex sold a total of 81 domain names for $1.9 Million in the third quarter of 2013.

The total sales in the 3rd quarter averaged $23,457 per domain based on the total sales figures

Archeo had total revenue of $4 Million dollars for the quarter meaning their domain monetized over $2 million dollars in revenue in the quarter.

Here are the details:

Archeo Q3 Business Highlights:

  • Revenue. Archeo non-GAAP revenue was $4.0 million for the third quarter of 2013, which excludes domain sales recognized in GAAP revenue.
  • Domains sales. During the third quarter of 2013, Archeo sold a total of 81 domains that yielded $1.9 million.
  • During the quarter, Archeo announced the launch of the Domains Marketplace, which provides a gateway to the premium portfolio of more than 200,000 domain names.
  • In July 2013, certain pay-per-click assets were sold for proceeds totaling up to $2.6 million as part of a transaction to focus Archeo’s business on creating a premium domain marketplace. The financial results of these sold assets are presented as discontinued operations in our condensed consolidated statement of operations in accordance with GAAP.

Filed Under: Domain Sales, Marchex, Publicly Traded Domain Co

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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