NameSilo announced Q1 2025 results

NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the “Company“) announced the financial results for the quarter ending March 31, 2025.

Financial Highlights of the Company:

The Company’s financial results in fiscal Q1 2025 are set forth below (all figures in Canadian dollars):

• 10th consecutive quarter and 7th year of consecutive revenue growth.
• 14^th consecutive quarter of net operating income.
• Record revenues of $15,872,636 for Q1 2025 as compared to $12,801,965 in Q1 2024, an increase of 24.0%. The increase in revenues for Q1 2025 was due to an increase in domains under management, marketplace revenues, and from the sale of ancillary services.
• Gross Profit of $4,132,472 or 26.0% of revenues in Q1 2025 vs $2,661,498 or 20.8% in Q1 2024. Highest gross margin in the Company’s history.
• Operating income of $1,952,826 for Q1 2025 compared to $1,132,805 in Q1 2024 an increase of 72.4%.
• Net income of $1,622,623 in Q1 2025 compared to net income of $1,214,490 in Q1 2024 an increase of 33.6%.
• Adjusted EBITDA* of $1,987,836 for Q1 2025 as compared to $1,669,670 in Q1 2024
• Total Bookings* of $17,469,320 in Q1 2025 compared to $13,984,557 in Q1 2024 an increase of 24.9%.
• Total deferred revenues of $33,067,351 as of March 31, 2025, vs $31,470,667 at December 31 2024.
• Cash and cash equivalents of $3,795,380.
• Investment, convertible loans totaling $4,607,758.

“We continue to be extremely pleased with the ongoing growth of our operating business,” commented Paul Andreola, CEO of NameSilo Technologies. “Q1 was another record quarter in terms of revenues and gross margin with a significant increase in free cash flow. We are excited about our future growth prospects and the continued progress of our investee companies. 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 buy-back strategy. We would like to thank all our employees, customers and shareholders for their support and hard work.”

Kristaps Ronka, CEO, NameSilo LLC comments “Q1 2025 has been a foundational quarter for us. We’ve expanded our team strategically, increased efficiencies in our development processes, and integrated AI-assisted coding to significantly accelerate product rollout. On the support front, we’ve begun implementing a new framework to deliver platinum-level support to our largest customers. With product bundling finalized, we’re excited to launch our first bundled campaigns this June—paving the way for even more value to our users.”