#Canada #Vancouver #NameSilo Technologies #Reach Systems #SewerVue Technologies

NameSilo Technologies Corp. Reports Q1 2026 Results

Vancouver, BC – On June 2, 2026, NameSilo Technologies Corp. (CSE: URL) (OTC: URLOF), one of the leading domain registrars worldwide, announced its financial results for the first quarter of 2026, showcasing remarkable growth and profitability amidst a competitive landscape.

Financial Highlights

The company reported a record revenue of $16,983,455 for Q1 2026, which reflects a 7.0% increase from the previous year’s Q1 revenue of $15,872,636. This growth can be attributed to a rise in domains under management, marketplace sales, and ancillary service offerings. Additionally, strategic contributions from its subsidiaries, SewerVue Technologies and Reach Systems, have bolstered these figures.

The gross profit reached $4,299,641, constituting 25.3% of total revenues compared to 26.0% in the same quarter last year. Operating income for the period was reported at $1,045,936, a drop from $1,952,826 in Q1 2025, while net income stood at $894,931, down from $1,622,623 the previous year.

Moreover, adjusted EBITDA was reported at $1,152,676, a decline from the earlier $1,987,836 in Q1 2025, highlighting the challenging operating environment for many companies today. Total bookings soared to $19,162,372, up 9.3% from last year’s $17,533,197, indicating a robust demand for their services amidst fluctuating market conditions.

The deferred revenues climbed to $34,739,635, up from $32,750,108 at the end of 2025, underscoring NameSilo's stable future revenue streams. The company maintained cash and cash equivalents of $3,263,781 along with investments, convertible loans, and digital assets totaling $4,945,086.

CEO's Commentary

Paul Andreola, CEO of NameSilo Technologies, expressed optimism regarding the company's performance: “We continue to be extremely pleased with the ongoing growth of our operating business. Q1 was another record quarter in terms of revenues and gross profit. 2026 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.”

Andreola emphasized that while the company incurs one-time costs currently, their core domain business continues to flourish. The anticipation around two significant investment ventures scheduled for public offerings this year, alongside efforts to grow its subsidiaries, has positioned NameSilo favorably within the market. “We are extremely excited about the company’s future,” he concluded.

About NameSilo Technologies Corp.

NameSilo Technologies Corp. focuses on capital investments in both public and private markets, targeting undervalued opportunities across various industries, excluding resource sectors. Their subsidiary, NameSilo LLC, is a leader in low-cost domain name registration and management, known for managing approximately 6.2 million active domains from around 160 countries.

Future Outlook

With significant opportunities for expansion and capital deployment on the horizon, including potential acquisitions, the outlook for NameSilo Technologies remains optimistic. As they navigate the evolving domain registration landscape, the company is committed to capitalizing on their existing strengths while pursuing new ventures to accelerate growth.

Conclusion

NameSilo Technologies Corp. is well-positioned to leverage its operational success and continue building on robust financial performance in the domain registration market. With strategic investments and new ventures on the near horizon, stakeholders can look forward to exciting developments as the company writes its next chapter.