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Namesilo Technologies Corp
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Shares Issued 90,035,566
Close 2026-06-02 C$ 1.48
Market Cap C$ 133,252,638
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Namesilo Technologies earns $894,931 in Q1

2026-06-02 19:32 ET - News Release

Mr. Paul Andreola reports

NAMESILO TECHNOLOGIES CORP. ANNOUNCES Q1 2026 RESULTS

Namesilo Technologies Corp. has released its financial results for the quarter ending March 31, 2026. The financial statements and related management's discussion and analysis (MD&A) can be viewed on SEDAR+.

financial highlights of the company

The company's financial results in fiscal Q1 (first quarter) 2026 are set forth below (all figures in Canadian dollars):

  • Record revenues of $16,983,455 for Q1 2026, as compared with $15,872,636 in Q1 2025, an increase of 7.0 per cent. The increase in revenues for Q1 2026 was due to an increase in domains under management, marketplace revenues and from the sale of ancillary services, as well as contribution from SewerVue Technologies and Reach Systems;
  • Gross profit of $4,299,641 or 25.3 per cent of revenues in Q1 2026, versus $4,132,472 or 26.0 per cent in Q1 2024;
  • Operating income of $1,045,936 for Q1 2026, compared with $1,952,826 in Q1 2025;
  • Net income of $894,931 in Q1 2026, compared with a net income of $1,622,623 in Q1 2025;
  • Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) (a non-IFRS (international financial reporting standards (IFRS) measure) of $1,152,676 for Q1 2026, as compared with $1,987,836 in Q1 2025;
  • Total bookings (a non-IFRS measure) of $19,162,372 in Q1 2026, compared with $17,533,197 in Q1 2025, an increase of 9.3 per cent;
  • Total deferred revenues of $34,739,635 as of March 31, 2026, versus $32,750,108 at Dec. 31 2025;
  • Cash and cash equivalents of $3,263,781;
  • Investments, convertible loans, digital currency totalling $4,945,086.

"We continue to be extremely pleased with the ongoing growth of our operating business," commented Paul Andreola, chief executive officer of Namesilo Technologies. "Q1 was another record quarter in terms of revenues and gross profit. Two thousand twenty-six will be a year of investment, both in our core domain business but also into our new divisions as we deploy internally generated capital to set the foundation for future growth. Several of these deployments of capital are one-time costs. Our core domain business continues to grow, and with two of our significant investment holdings, Alchemy Labs and Ola Media, scheduled to go public this year, a focus on growing our two newest subsidiaries, SewerVue Technologies and Reach Systems, and with a pipeline of other acquisition opportunities we are extremely excited about the company's future. Namesilo Technologies has never been better positioned to grow and deploy capital in our existing portfolio companies, pursue new investment opportunities, as well as continue our share buyback strategy. We would like to thank all our employees, customers and shareholders for their support and hard work."

About Namesilo Technologies Corp. and Namesilo LLC

Namesilo Technologies invests its capital in companies and opportunities that management believes are undervalued and have potential for significant appreciation. The company makes investments in both public and private markets and focuses on opportunities in a wide variety of industries excluding the resource and resource service sectors. Namesilo does not invest on behalf of any third party and it does not offer investment advice.

Namesilo LLC is a low-cost provider of domain name registration and management services. As an accredited ICANN registrar, Namesilo is one of the fastest-growing domain registrars in the world with approximately 6.2 million active domains under management from approximately 160 countries.

We seek Safe Harbor.

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