NameSilo

NameSilo Technologies Corp. increases investment in Ola Media Innovations

Retrieved on: 
Wednesday, February 21, 2024

VANCOUVER, BC, Feb. 21, 2024 /PRNewswire/ - NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the "Company"), the holding company and majority owner of Namesilo LLC, one of the largest domain registrars in the world, is pleased to announce that it has increased its investment in Ola Media Innovations Inc. ("OLA"), a leading Ride-share Advertainment service in Latin America, and now owns approximately 19.3% of OLA.

Key Points: 
  • VANCOUVER, BC, Feb. 21, 2024 /PRNewswire/ - NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the "Company"), the holding company and majority owner of Namesilo LLC, one of the largest domain registrars in the world, is pleased to announce that it has increased its investment in Ola Media Innovations Inc. ("OLA"), a leading Ride-share Advertainment service in Latin America, and now owns approximately 19.3% of OLA.
  • Over the last seven calendar quarters, OLA has continually increased number of screens deployed, its client base and geographical footprint.
  • Paul Andreola, CEO of Namesilo Technologies states "OLA is a strategic investment for us and we expect to see substantial shareholder value from this holding over the coming years.
  • We look forward to working closely with OLA to accelerate their reach and success over the coming quarters."

NameSilo Technologies Corp. Announces Q3 2023 Results

Retrieved on: 
Wednesday, November 22, 2023

Financial Highlights of the Company:

Key Points: 
  • Financial Highlights of the Company:
    Record Revenues of $12,454,667 for Q3 2023 as compared to $11,569,000 in Q3 2022, an increase of 7.7%.
  • Gross Profit of $2,263,532 or 18.2% of its revenues in Q3 2023 vs $1,986,385 or 17.2% in Q3 2022.
  • Operating income of $770,085 for Q3 2023 compared to $490,983 in Q3 2022.
  • Net loss of $103,394 in Q3 2023 compared to net income of $716,496 in Q3 2022.

NameSilo Technologies Corp. Announces Q2 2023 Results

Retrieved on: 
Tuesday, August 29, 2023

Financial Highlights of the Company:

Key Points: 
  • Financial Highlights of the Company:
    Record Revenues of $12,008,757 for Q2 2023 as compared to $11,248,570 in Q2 2022, an increase of 6.8%.
  • Gross Profit of $2,103,915 or 17.5% of its revenues in Q2 2023 vs $2,196,621 or 19.5% in Q2 2022.
  • Operating income of $253,907 for Q2 2023 compared to $561,751 in Q2 2022.
  • Net income of $828,011 in Q2 2023 compared to net loss of $683,040 in Q2 2022.

NameSilo Technologies Corp. Announces Q1 2023 Results

Retrieved on: 
Wednesday, May 31, 2023

Financial Highlights of the Company:

Key Points: 
  • Financial Highlights of the Company:
    Record Revenues of $11,908,958 for Q1 2023 as compared to $10,759,824 in Q1 2022, an increase of 10.7%.
  • Gross Profit of $2,086,178 or 17.5% of its revenues in Q1 2023 vs $2,223,966 or 20.7% in Q1 2022.
  • Net loss of $1,817,219 in Q1 2023 compared to net income of $330,613 in Q1 2022.
  • Total Bookings* of $12,568,806 in Q1 2023 up 13.6% as compared to $11,060,003 in Q1 2022.

Saw.com Incorporated and NameSilo's NameLot.com Brokerage Platform Announce Merger, Forging a Stronger Future for Domain Brokerage

Retrieved on: 
Tuesday, May 30, 2023

FLORIDA, May 30, 2023 /PRNewswire/ - Saw.com, a leading domain brokerage firm, and NameLot.com, a technologically rich domain marketplace, are thrilled to announce their merger, creating a powerhouse partnership.

Key Points: 
  • FLORIDA, May 30, 2023 /PRNewswire/ - Saw.com, a leading domain brokerage firm, and NameLot.com, a technologically rich domain marketplace, are thrilled to announce their merger, creating a powerhouse partnership.
  • The merger between Saw.com and NameSilo's NameLot.com brokerage platform marks a significant milestone in the domain industry, as the two join forces to drive innovation, growth, and customer success.
  • Our shared commitment to client success and our complementary strengths make us an unstoppable force in the domain brokerage market.
  • For more information about Saw.com and NameLot.com, or to inquire about domain brokerage services, please visit www.saw.com .

NameSilo Technologies Corp. Announces 2022 Year End Results

Retrieved on: 
Tuesday, May 2, 2023

VANCOUVER, BC, May 2, 2023 /PRNewswire/ - NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the "Company"), one of the fastest growing domain registrars in the world, is pleased to announce the financial results for the financial year ended December 31, 2022.

Key Points: 
  • VANCOUVER, BC, May 2, 2023 /PRNewswire/ - NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the "Company"), one of the fastest growing domain registrars in the world, is pleased to announce the financial results for the financial year ended December 31, 2022.
  • Financial Highlights of the Company:
    The Company experienced robust financial results in fiscal 2022 as set forth below:
    Revenues of $45,003,750 for fiscal 2022 as compared to $36,426,887 in fiscal 2021, an increase of 23.5%.
  • The increase in revenues for fiscal 2022 was due to an increase in domains under management and from an increase in the sale of ancillary services.
  • Since acquiring NameSilo in August 2018 the new management team has grown revenues from full year 2017 revenues of approximately $10.6 million to over $45 million in 2022.

NameSilo Technologies Corp. Announces Q3 2022 Results Record Quarterly Revenues up 25.5%

Retrieved on: 
Tuesday, November 22, 2022

Since acquiring NameSilo in August 2018 the new management team has grown revenues from full year 2017 revenues of approximately $10.6 million to over $36.4 million in 2021.

Key Points: 
  • Since acquiring NameSilo in August 2018 the new management team has grown revenues from full year 2017 revenues of approximately $10.6 million to over $36.4 million in 2021.
  • The Company has also invested significant resources to offer new products and services which have helped to increase revenues and improve gross margins.
  • NameSilo now accepts over 150 payment methods including most major credit cards, Web money payments such as Apple Pay, Venmo, Alipay and more.
  • NameSilo Technologies Corp. invests its capital in companies and opportunities which management believes are undervalued and have potential for significant appreciation.

Study Reveals: 8.3% of All Websites Are Scams, How Big Internet Companies Are Supporting Scammers

Retrieved on: 
Thursday, September 29, 2022

Every website ever created has a domain name, and these domain names can only be acquired through domain registrars.

Key Points: 
  • Every website ever created has a domain name, and these domain names can only be acquired through domain registrars.
  • To enable businesses to make their websites accessible to the internet, an Internet Service Provider (ISP) is needed.
  • This year's largest "hosting" company is CloudFlare with over 2.9 million websites, but 7.7% of those have a low Trust Score.
  • This year's data shows a clear increase in untrustworthy websites, making everyone three times more likely to be scammed than last year.

NameSilo Technologies Corp. Announces Q2 2022 Results - Record Q2 Revenues up 33.7%

Retrieved on: 
Tuesday, August 23, 2022

Since acquiring NameSilo in August 2018 the new management team has grown revenues from full year 2017 revenues of approximately $10.6 million to over $36.4 million in 2021.

Key Points: 
  • Since acquiring NameSilo in August 2018 the new management team has grown revenues from full year 2017 revenues of approximately $10.6 million to over $36.4 million in 2021.
  • NameSilo now accepts over 150 payment methods including most major credit cards, Web money payments such as Apple Pay, Venmo, Alipay and more.
  • NameSilo LLC CEO Kristaps Ronka states, "We continue to see strong momentum in revenue growth and positive earnings trends.
  • Our second quarter was the third consecutive quarter of revenues exceeding $10 million and was another record quarter for the company.