14:14:51 EDT Mon 31 Aug 2026
Enter Symbol
or Name
USA
CA



Namesilo Technologies Corp
Symbol URL
Shares Issued 90,035,566
Close 2026-08-28 C$ 1.29
Market Cap C$ 116,145,880
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Namesilo earns $1.43-million in Q2 2026

2026-08-31 11:12 ET - News Release

Mr. Paul Andreola reports

NAMESILO TECHNOLOGIES CORP. ANNOUNCES Q2 2026 RESULTS

Namesilo Technologies Corp. has released the financial results for the quarter ending June 30, 2026. The financial statements and related management's discussion and analysis (MD&A) can be viewed on SEDAR+.

Q2 2026 financial and operating highlights

The company delivered another quarter of record financial performance, highlighted by strong growth in revenues, gross profit and total bookings. The company also continued to invest internally generated capital into its core domain business and its newer operating subsidiaries, Reach Systems and SewerVue Technologies.

The company's financial results for fiscal Q2 2026 are set forth below (all figures in Canadian dollars):

  • Record revenues of $18,803,134, compared with $16,131,881 in Q2 2025, an increase of 16.6 per cent. Revenue growth was driven by an increase in domains under management, marketplace revenues, ancillary services, and contributions from SewerVue Technologies and Reach Systems.
  • Gross profit of $5,350,193, or 28.5 per cent of revenues, compared with $4,122,496, or 25.6 per cent of revenues, in Q2 2025.
  • Operating income of $1,808,506, compared with $1,866,730 in Q2 2025.
  • Net income of $1,435,712, compared with net income of $1,170,255 in Q2 2025.
  • Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of $1,550,280, compared with $1,473,241 in Q2 2025.
  • Record total bookings of $22,632,195, compared with $16,084,826 in Q2 2025, an increase of 40.7 per cent.
  • Total deferred revenues of $38,037,802 as of June 30, 2026, compared with $34,739,635 as of March 31, 2026.
  • Cash and cash equivalents of $2,243,779.
  • Investments, convertible loans and digital currency totalling $5,817,154.

Investing for growth

During 2026, the company has increased investment in personnel, product development, sales infrastructure and other growth initiatives across its operating businesses, including Reach Systems and SewerVue Technologies. While certain expenditures are expected to impact near-term profitability, management believes a meaningful portion of these investments represent one-time or non-recurring costs designed to support future growth.

The company is beginning to see encouraging results from these investments. Reach Systems has successfully sold key products into the growing unmanned surface vehicle (USV) market, creating a new opportunity for its specialized marine camera, tether and cable management technologies.

SewerVue Technologies has secured a growing number of pilot projects with new partners in new markets for its critical infrastructure and pipe inspection technologies. These projects provide opportunities to demonstrate SewerVue's capabilities and potentially develop broader commercial relationships in new markets.

Management believes both businesses remain in the early stages of realizing their potential and intends to continue investing in opportunities that can accelerate their growth.

Capital allocation and portfolio development

The company continues to deploy internally generated capital across a range of opportunities, including organic growth initiatives, acquisitions, strategic investments and share repurchases.

Namesilo's core domain registration business continues to grow, while the company is investing to expand Reach Systems and SewerVue Technologies. Alchemy Labs has also successfully completed its public listing, while Ola Media is expected to pursue a public listing in the near future.

The company continues to evaluate additional acquisition and investment opportunities where management believes capital can be deployed at attractive prospective rates of return.

Management commentary

"We continue to be extremely pleased with the ongoing growth and momentum across our operating businesses," commented Paul Andreola, chief executive officer of Namesilo Technologies. "Q2 was another record quarter, with revenues increasing 16.6 per cent and total bookings increasing 40.7 per cent year over year to a record $22.6-million.

"Two thousand twenty-six is a year of investment for Namesilo. We are using the cash generated by our core business to invest in opportunities that we believe can create significantly greater value over the long term. Importantly, we are beginning to see those investments bear fruit. Reach is gaining exposure to the rapidly growing USV market, while SewerVue is securing a growing number of pilot projects with new partners in new markets.

"Our core domain business continues to grow, Alchemy Labs has successfully completed its public listing, and we continue to see opportunities to grow Reach and SewerVue while evaluating additional acquisitions and investments.

"Our strategy remains straightforward: grow our businesses, generate cash and intelligently redeploy that capital into opportunities where we believe we can earn attractive returns for shareholders. This includes investing in our existing businesses, pursuing acquisitions and strategic investments, and repurchasing Namesilo shares when we believe they represent compelling value.

"We believe Namesilo Technologies has never been better positioned to execute this strategy, and we would like to thank all of our employees, customers and shareholders for their continued support and hard work."

About Namesilo Technologies Corp. and Namesilo LLC

Namesilo Technologies invests its capital in companies and opportunities which 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.

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