NameSilo has announced impressive financial results for the first quarter, showcasing a significant 24% increase in revenue compared to the same period last year. The company reported gross earnings of CAD $15.9 million, rising from CAD $12.8 million in Q1 2024, marking the 10th straight quarter of revenue growth.

Gross profit for NameSilo reached CAD $4.1 million, up from CAD $2.7 million in the previous year’s quarter. The registrar currently manages 5.8 million domains, having added 0.1 million in the first quarter alone.

The earnings report also highlighted the performance of Saw.com, a domain brokerage in which NameSilo holds equity. Saw.com generated CAD $2.4 million in revenues during Q1, with a net income of CAD $0.5 million.

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