C’était une stratégie pour une surenchère qui à échouée ou c’est la réaction du marché qui à fait reculer Paul ?
J’espère que les domaines vont continuer de grimper pour que Namesilo reçoive une offre plus intéressante…
J’ai plutôt l’impression que c’est l’acheteur qui a soit reculé suite au due diligence ou n’a pas réussi à trouver de financement. La réaction du marché doit être en partie dû au fait que la transaction ne s’est pas réalisé et la chute de IPA n’aide pas.
Drôle de timing avec mon post :
NameSilo Surpasses 4 Million Active Domains Under Management
NameSilo accomplishes important milestone to join the top 12 largest registrars in the world
VANCOUVER, BRITISH COLUMBIA – TheNewswire - June 29, 2021 – NameSilo Technologies Corp. (CSE:URL) (OTC:URLOF) (the “ Company ”) is pleased to announce that it has surpassed the important milestone of 4 million active domains under management. This accomplishment comes less than two years after surpassing 3 million active domains in July, 2019. This continued growth puts NameSilo in the top 12 of the nearly 3,000 ICANN-accredited registrars in the world (according to RegistrarOwl.com data) with over 4.1 million active domains and customers across approximately 160 countries.
NameSilo’s growth has been attributable to highly competitive prices with many value-added features that other registrars routinely charge for such as WHOIS Privacy, ICANN fees, account security, email, domain parking and more. Add on a powerful domain management platform that allows bulk operations across thousands of domains simultaneously and never-outsourced 24/7 customer support across email and live chat.
Kristaps Ronka, Chief Executive Officer of NameSilo states: "Thank you to all our loyal customers for helping us achieve this incredible milestone! We are tremendously excited to announce new features and services coming soon as well as continue to grow our newest platforms NameLot and Catch.Club. Our entire team remains fully dedicated and committed to offering the best-in-class products and services, backed by our high-quality technical support and low-cost pricing.”
Endrit Muca, Chief Marketing Officer at NameSilo added: "The past year around the world has demonstrated more than ever the importance of having an online presence. We are proud to help empower individuals and businesses all over the world navigate the digital landscape. Whether you are managing a domain portfolio, establishing your business website online or looking to create your very own professional email, NameSilo offers everything you need, at consistently low prices that you can trust.”
Launched in 2010, NameSilo has established itself as one of the most trusted registrars in the industry catering to a diverse customer base all over the world. Since being acquired in 2018, NameSilo has nearly tripled the active domains under management as well as added new hosting, SSL, premium DNS and e-mail services. Additionally, NameSilo has proliferated a suite of marketplace products and services that includes: (1) a Marketplace for user domain listing and expired auctions, (2) a NameLot domain brokerage and (3) a Catch.Club backorder platform.(https://stockhouse.com/news/press-releases/2021/06/29/namesilo-surpasses-4-million-active-domains-under-management)
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NameSilo Technologies Corp. Refinances Outstanding Loans And Announces Record NameSilo LLC Q3 Bookings
VANCOUVER, BRITISH COLUMBIA - TheNewswire - October 27, 2021 – NameSilo Technologies Corp. (CNSX:URL.CN) (OTC:URLOF) (the “Company”) wishes to announce that it has entered into a loan agreement with a third party lender (the “Lender”) whereby the Lender will loan the Company a total of $3.9 million (the “Loan”). The Loan is for a term of three (3) years and accrues interest at a rate of 12% per annum. Closing of the Loan will occur on or about October 28, 2021.
Paul Andreola, Chief Executive Officer and director of the Company stated, “We are refinancing our existing loans with a new three year term loan. We anticipate that the free cash flow generated from the NameSilo business will easily service this loan over the next three years. Our focus will now turn towards using any additional free cash flow to grow the operations through product enhancements and marketing and to add to our investment portfolio.”
Under the terms of the loan agreement, the Lender may convert, at its option, all or any portion of the principal in common shares of the Company at a price of $0.25 per share. The Company will have the right to cause a forced conversion of 50% of the outstanding principal amount into common shares if the volume average weighted price of the common shares is equal to or greater than $0.50 per share over twenty consecutive trading days.
The Company will have the right to prepay all or any portion of the principal at any time. If the Company elects to repay any portion of the Loan, the Borrower will be entitled to a fee equal to one year of interest on the principal amount repaid by the Company. The Lender has been granted certain security interests in the business of the Company, which are inline with transactions of a similar nature.
NameSilo LLC has Record Q3 Total Bookings*
The Company is pleased to announce that NameSilo LLC total bookings* for the quarter ending September 30, 2021, reached a record US$10.04 million. This is up 48.8% from the same period in 2020 and up 16.1% sequentially from Q2 2021. Domains under management have surpassed 4.4 million making NameSilo LLC the 11th largest domain registrar in the world of which there are over 3000.
Pas très intéressants les termes du refinancement. Au départ Namesilo payait 8% sur ses prêts, ensuite ça a été renégocié à 11% et maintenant, avec un nouveau prêteur, c’est 12% avec une option de conversion à 0,25$. Dans un environnement où le financement est si facile à obtenir et les taux d’intérêts sont si bas, ça en dit long que Namesilo ne soit pas capable d’obtenir des meilleurs termes que ça.
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Bonjour Mathieu, je suis d’accord avec toi qu’à première vue ce refinancement semble être ridicule et même à la limite louche.
Je crois que la clé ici est: “The Company will have the right to prepay all or any portion of the principal at any time.” Est-ce que le 12% est si alléchant que les créditeurs ne voudront pas convertir à 0.25 et Paul anticipe de rembourser la dettes d’un seul coup et rapidement? Peut-être que c’était la seul option pour avoir une flexibilité dans le remboursement? J’ai discuté avec Paul et il mentionne toujours qu’il accorde une grande importance à un capital structure qui est clean et déteste la dilution. Je dois avouer que je suis perplexe, mais pour le moment la croissance dans les active domains ainsi que les stats sur leur site sont assez encourageant. IPA peut possiblement faire une remonté et nous possédions 16 bitcoin lors du dernier trimestre et acceptons ce mode de paiement. Reste à voir… espérons que paul est vraiment celui qu’il dit être… si oui je ne serais ps surpris de voir une large transaction avec Tucows ou namecheap. Bonne chance à tous!
Ça fait un petit bout que j’ai parlé à Paul alors je ne fais que spéculer et donner mon avis ici, mais voici ce que j’ajouterais à deux de tes commentaires:
Ça fait plus de 2 ans que Paul parle de refinancer la dette à de meilleurs termes, possiblement avec une banque. D’ailleurs, la compagnie avait ajouté Daniel Nanson au conseil d’administration en 2019 pour qu’il aide à ce niveau avec son expérience. Ça me semble assez clair que la compagnie a exploré toutes ses options pour finalement conclure le refinancement qu’on a vu cette semaine. Selon moi ce n’est pas ce que la compagnie cherchait, mais simplement le mieux qu’ils ont pu obtenir.
La compagnie a été mise à vendre il y a 1 an, une lettre d’intention a été signée et l’acheteur potentiel a fini par disparaître après des mois de perte de temps. Pourquoi un acheteur sérieux comme Tucows, Namecheap ou autre ne s’est pas manifesté quand l’opportunité était là?
La dette il y a deux ans était une bête complètement différente à 11.8M. Il est certain qu’ils ont levé du capital à 0.20 en septembre 2020, mais ils ont quand même fait un bon travail en réduisant la dette significativement surtout pour une nanocap tout en concervant des actifs clés. Je suis d’accord avec toi… ce n’est pas un financement avec des bons termes, mais il doit y avoir un angle.
La transaction annoncé à 30M avec le holding louche nigérien était selon moi un moyen d’attirer de l’attention, mais je crois qu’ils etait encore trop petit en décembre dernier pour attirer l’attention des grands tucows,namecheap etc. Kristaps et Paul veulent probablement grossir et allé jouer dans leur plate-bande. Selon moi le chiffre clé est 6M de domaines actifs. S’ils sont capable d’atteindre ce chiffre d’ici 2 ans les gros joueurs ne pourront plus les ignorer. Paul joue le long terme.
Avec la croissance actuelle on voit une addition de ~4250 domaines actifs chaque jours. À ce rythme nous allons nous approcher très rapidement du 6M.
Les noms de domaines étant une commodité, qu’est-ce qui inciterait un gros joueur à les acquérir?
J’ai 37 domaines sur NameSilo et mon stack technologique est 100% à l’extérieur. Autrement dit, 6m de domaines n’équivaut pas à 6m d’opportunités de cross-sale dans des services auxiliaires (email, hébergement, etc.)
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Le nom d’un domaine est une commodité si tu es un flipper et n’a pas d’autre utilité pour le domaine. Ils sont aussi en position d’upsale des services comme du hosting, premium dns,ssl et creation de site. Tu n’utilises pas leur service non pas parce qu’ils ne sont pas disponibles, mais par choix. Bien entendu les 6M de domaines actifs ne veulent pas dire qu’ils fournissent tous ces autre services spécifiquement à 6M. Tu es probablement plus compétent côté techno que moi, mais le volume de domaine actif donne une bonne idée de la croissance des revenues general rn terme de conversion. Namecheap génère environ 200M par année, pourquoi ne seraient-ils pas intéressé à ajouter 30M en revenue? Je ne vise pas des valutions astronomiques, la question est est-ce que URL peut triplé à partir d’ici.
Et 8.99USD x6M =54M USD ok les marge sont pas bonne dans le registry… disons 10%… 5.4M USD. Ça ne vaut rien pour une compagnie de ~13M usd ??
Par commodité, je veux dire que d’un registrar à un autre, c’est le même produit. La principale différence est le prix, d’où la faible marge brute. D’ailleurs il y a beaucoup de domaines en bas de 9$.
Sur les ~40 domaines, 2 ou 3 sont utilisés, alors que les autres TLD sont simplement réservés pour que personne ne les achète.
Mon impression est qu’un néophyte devrait partir de sa plateforme (Squarespace, GoDaddy) puis y acheter le domaine, plutôt que faire l’inverse. Une personne technique choisira probablement des services externes. J’ai d’ailleurs dû migrer un domaine vers AWS dans les derniers mois pour me simplifier la vie.
Tout simplement pour dire que le nombre de domaine est une donnée imparfaite. J’aime leur service, je suis client et je vais continuer de l’être.
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NameSilo Technologies Corp. Announces Q3 2021 Results
VANCOUVER, BRITISH COLUMBIA – TheNewswire - November 30, 2021 – NameSilo Technologies Corp. (CSE:URL) (CNSX:URL.CN) (OTC:URLOF) (the “Company”), one of the fastest growing domain registrars in the world, is pleased to announce the financial results for the quarter ending September 30, 2021. The financial statements and related management’s discussion and analysis (“MD&A”) can be viewed on SEDAR at www.sedar.com.
Financial Highlights of the Company:
The Company experienced financial results in fiscal Q3 2021 as set forth below (all figures in Canadian dollars):
- Record Revenues of $9,217,902 for Q3 2021 as compared to $8,070,601 in Q3 2020, an increase of 14.2%. The increase in revenues for Q3 2021 was due to an increase in domains under management, marketplace revenues, and from the sale of new ancillary services.
- Gross Profit of $1,348,599, or 14.6% of its revenues. This is an increase of 19.1% from Q3 2020
- Operating loss of $174,787 for Q3 2021 compared to a loss of $249,419 in Q3 2020 - There was a reallocation of consulting fees from other expenses, which resulted in higher consulting fees and a loss for the three months ended September 30, 2021.
- Adjusted EBITDA* of $97,886 for Q3 2021 compared to $365,437 in Q3 2020
- 9 month adjusted EBITDA* $839,871 for 2021 vs $639,670 in 2020
- Record Total Bookings* of $12,383,394 in Q3 2021 up 47.3% as compared to $8,408,670 in Q3 2020 and up 24.6% from Q2 2021.
- Total debt outstanding was reduced from $4,240,000 (June 30, 2021) to approximately $3,900,000.
- 9-month net cash provided by operations $3,564,845 vs $1,548,315 in the year ago period.
- Total deferred revenues of $23,679,079 as at September 30 2021 vs $17,856,522 at September 30 2020.
NameSilo has grown to be the 11th Largest Domain Registrar in the world (according to RegistrarOwl.com) with over 4.5 million active domains under management and customers in approximately 160 countries.
The Company continues to invest significant resources to launch a number of new products and services which are expected to significantly increase future revenues and improve gross margins. Along with a new and more functional website the Company has launched hosting services, email products, a free logo maker, security products, several new domain services and more all while maintaining some of the lowest prices in the industry. NameSilo now accepts over 150 payment methods including most major credit cards, Web money payments such as Apple Pay, Venmo, Alipay and more. The Company was also one of the first companies in the industry to accept bitcoin.
NameSilo LLC will focus on adding value-added products to offer customers a one-stop source for essential services related to their domains. The Company believes that these new products will further increase core revenues and margin growth for NameSilo, improve customer retention and improve the value proposition to the customer base.
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VANCOUVER, BRITISH COLUMBIA – TheNewswire - (May 31, 2022) – NameSilo Technologies Corp. (CSE:URL) (PINX:URLOF) (the “Company”), one of the fastest growing domain registrars in the world, is pleased to announce the financial results for the quarter ending March 31, 2022. The financial statements and related management’s discussion and analysis (“MD&A”) can be viewed on SEDAR at www.sedar.com.
Financial Highlights of the Company:
The Company experienced financial results in fiscal Q1 2022 as set forth below (all figures in Canadian dollars):
- Record Revenues of $10,759,824 for Q1 2022 as compared to $7,989,594 in Q1 2021, an increase of 34.7%. The increase in revenues for Q1 2022 was due to an increase in domains under management, marketplace revenues, and from the sale of ancillary services.
- Gross Profit of $2,223,966 or 20.7% of its revenues in Q1 2022 vs $959,109 or 12.0% in Q1 2021
- Operating income of $758,650 for Q1 2022 compared to $32,650 in Q1 2021
- Net income $330,613 in Q1 2022 compared to a loss of $3,832,868 in Q1 2021
- Adjusted EBITDA* of $1,034,779 for Q1 2022 compared to $306,641 in Q1 2021
- Total Bookings* of $11,060,003 in Q1 2022 up 20.9% as compared to $9,150,792 in Q1 2021.
- 3-month net cash provided by operations $990,903 vs $1,477,566 in the year ago period.
- Total deferred revenues of $24,481,819 as at March 31 2022 vs $24,181,640 at March 31 2021.
NameSilo LLC (“NameSilo”) has grown to be the 11th Largest Domain Registrar in the world (according to RegistrarOwl.com) with over 4.63 million active domains under management and customers in approximately 160 countries. 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. Domains under management have grown from 1.85 million to over 4.63 million today. The Company has also invested significant resources to offer new products and services which have helped to increase revenues and improve gross margins. The Company offers hosting services, email products, a free logo maker, security products, several new domain services and more all while maintaining some of the lowest prices in the industry. NameSilo now accepts over 150 payment methods including most major credit cards, Web money payments such as Apple Pay, Venmo, Alipay and more. The Company was also one of the first companies in the industry to accept bitcoin.
NameSilo LLC CEO Kristaps Ronka states, “2022 has started off as we ended 2021, with strong momentum resulting in our second consecutive quarter of revenues exceeding $10 million. The company saw improvements in almost all financial metrics, and we will strive to continue to improve as the year progresses. We continue to offer our customers new and best in class products and services at the best possible prices, all while maintaining world class customer service.”
NameSilo LLC will focus on adding value-added products to offer customers a one-stop source for essential services related to their domains. The Company believes that these new products will further increase core revenues and margin growth for NameSilo, improve customer retention and improve the value proposition to the customer base.
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Très bons résultats cette fois!
De bons résultats et une croissance continue des noms de domaine.
La compagnie a acheté 958 000 actions sur le marché pour cancellation. Je ne sais pas si je suis fan du buyback alors qu’ils ont une dette à 12% à soutenir…et d’un autre côté la compagnie émet 2.35M d’options aux dirigeants.
J’ai toujours une petite position dont j’aurais dû me départir il y a longtemps mais je ne l’ai pas fait. Il reste toujours un potentiel de carte cachée avec les investissements de 4.6M$ en actions que la compagnie possède…si un titre comme IPA venait à monter ils pourraient rembourser la dette et être aggressif sur le rachat d’actions mais ça reste très spéculatif…
NameSilo Technologies Corp. Announces Q3 2022 Results Record Quarterly Revenues up 25.5%
VANCOUVER, BC, Nov. 22, 2022 /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 quarter ending September 30, 2022. The financial statements and related management’s discussion and analysis (« MD&A ») can be viewed on SEDAR at www.sedar.com.
Financial Highlights of the Company:
The Company experienced financial results in fiscal Q3 2022 as set forth below (all figures in Canadian dollars):
- Record Revenues of $11,569,000 for Q3 2022 as compared to $9,217,902 in Q3 2021, an increase of 25.5%. The increase in revenues for Q3 2022 was due to an increase in domains under management, marketplace revenues, and from the sale of ancillary services.
- Gross Profit of $1,986,385 or 17.2.% of its revenues in Q3 2022 vs $1,348,599 or 14.6% in Q3 2021 up 47.2%
- Net income of $716,496 for Q3 2022 compared to a loss of $503,078 in Q3 2021: a net increase of $1,219,574.
- Total comprehensive income of $1,032,047 in Q3 2022 compared to a loss of $307,097 in Q3 2021
- Adjusted EBITDA* of $775,647 for Q3 2022 compared to $97,886 in Q3 2021 up 692%
- Total deferred revenues of $26,612,312 as at September 30 2022 vs $25,317,610 at June 30 2022.
NameSilo LLC (« NameSilo ») has grown to be one of the largest domain registrars in the world (according to RegistrarOwl.com) with over 4.58 million active domains under management and customers in approximately 160 countries. 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. Domains under management have grown from 1.85 million to over 4.58 million today. The Company has also invested significant resources to offer new products and services which have helped to increase revenues and improve gross margins. The Company offers hosting services, email products, a free logo maker, security products, several new domain services and more all while maintaining some of the lowest prices in the industry. NameSilo now accepts over 150 payment methods including most major credit cards, Web money payments such as Apple Pay, Venmo, Alipay and more. The Company was also one of the first companies in the industry to accept bitcoin.
NameSilo LLC CEO Kristaps Ronka states, "We continue to see positive trends in both our revenues and earnings as we achieved over $10 million in revenue this quarter and are well on track to exceed $40 million in annual revenue for the first time in company history.
We have also seen a positive trend in our customer base with a larger percentage of new clients being single-purchase end users. This leads to a greater number of our client base that has more potential interest in purchasing our ancillary add-on services.
Additionally, we are excited to advise that we intend on launching two new website development products by the end of the year, which we believe will provide substantial value to our existing client base as well as providing incentive for new clients to join the Namesilo family. We will provide additional details on these exciting new offerings as we near the release dates."
NameSilo LLC will focus on adding value-added products to offer customers a one-stop source for essential services related to their domains. The Company believes that these new products will further increase core revenues and margin growth for NameSilo, improve customer retention and improve the value proposition to the customer base.
Normal Course Issuer Bid (« NCIB ») Update:
From the commencement of the NCIB on February 23, 2022, the Company has acquired 958,000 shares for cancellation. Once all shares are cancelled that have been acquired the number of shares outstanding would be 91,506,648. The NCIB is ongoing until February 23, 2023 and the Company may purchase up to 4,500,000 common shares of the Company. All purchases of common shares will be made on the open market through the facilities of the Canadian Securities Exchange and will be purchased for cancellation.
Namesilo’s board of directors continues to believe that the current market price for the Company’s common shares do not currently reflect the underlying value of the Company. As a result, depending on the future price movements and other factors, Namesilo’s board of directors believes that the purchase of the shares is an appropriate use of Namesilo’s funds and in the best interests of Namesilo’s shareholders.
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