Record Quarterly Revenues and Record Deferred Revenues
VANCOUVER, BC, June 2, 2026 /CNW/ - NameSilo Technologies Corp. (CSE:URL) (OTC:URLOF) (the "Company"), one of the largest domain registrars in the world, is pleased to announce the 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+ at www.sedarplus.ca.
Financial Highlights of the Company:
The Company's financial results in fiscal Q1 2026 are set forth below (all figures in Canadian dollars):
Record revenues of $16,983,455 for Q1 2026 as compared to $15,872,636 in Q1 2024, an increase of 7.0%. 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% of revenues in Q1 2026 vs $4,132,472 or 26.0% in Q1 2024.
Operating income of $1,045,936 for Q1 2026 compared to $1,952,826 in Q1 2025.
Net income of $894,931 in Q1 2026 compared to net income of $1,622,623 in Q1 2025.
Adjusted EBITDA* of $1,152,676 for Q1 2026 as compared to $1,987,836 in Q1 2025
Total Bookings* of $19,162,372 in Q1 2026 compared to $17,533,197 in Q1 2025 an increase of 9.3%.
Total deferred revenues of $34,739,635 as of March 31, 2026, vs $32,750,108 at December 31 2025.