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NameSilo Technologies Corp URLOF


Primary Symbol: C.URL

NameSilo Technologies Corp. is a Canada-based company that provides domain name registration services and marketplace services for the buying and selling of domain names, under the NameSilo brand. It also provides Web services like hosting, secure socket layer (SSL), email, and premium DNS. The Company invests its capital in companies and opportunities which management believes are undervalued and have the potential for significant appreciation. The Company makes investments in both public and private markets and focuses on opportunities in a variety of industries excluding the resource and resource service sectors. The Company has a domain registrar in the world with approximately 4.89 million active domains under management from approximately 160 countries. Its subsidiaries include Netco Argentina S.A.,1155064 BC Ltd., NameSilo, LLC and NamePal.com, LLC.


CSE:URL - Post by User

Comment by Backwardbladeon May 01, 2021 10:47am
317 Views
Post# 33108206

RE:financials are up on sedar

RE:financials are up on sedar

-Revenue is trending up (subscriptions). Ancillaries are trending up, from what I hear.   Debt is 1/2 what it was last year (about 5 million), resulting in debt servicing costs being 1/2.  

-says there's a $9 million dollar charge on investments but those investments are 1) existed prior to the company taking over NameSilo
                                     2) present a wildcard blue sky factor to the investment.  Depending how you look at it. 

-Kristaps still takes a good chunk of the free cash flow, but if recurring revenue continues to trend as it is, over the 4m name mark, it doesn't hurt so much.  And those names captive exposure to the ancillery offerings.  So moot point at this juncture.  

So, yes, profitable.  Growing.  Recurring. Boring.   And, no, he shouldn't sell now lol!  

 

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