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NameSilo Technologies Corp. Announces Q3 2024 Results

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CSE: URL / OTC: URLOF

Record Quarterly Revenues and Operating Income

VANCOUVER, BC, Nov. 29, 2024 /CNW/ – NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the “Company”), one of the largest domain registrars in the world, is pleased to announce the financial results for the quarter ending September 30, 2024. The financial statements and related management’s discussion and analysis (“MD&A”) can be viewed on SEDAR+ at www.sedarplus.ca.

Financial Highlights of the Company:

The Company experienced financial results in fiscal Q3 2024 as set forth below (all figures in Canadian dollars):

8th consecutive quarter and 6th year of consecutive revenue growthRecord Revenues of $14,351,076 for Q3 2024 as compared to $12,454,667 in Q3 2023, an increase of 15.2%. The increase in revenues for Q3 2024 was due to an increase in domains under management, marketplace revenues, and from the sale of ancillary services.Gross Profit of $3,214,896 or 22.4% of its revenues in Q3 2024 vs $2,263,532 or 18.2% in Q3 2023. Highest gross margin in company’s history. Record operating income of $1,240,660 for Q3 2024 compared to $770,085 in Q3 2023.Net income of $488,064 in Q3 2024 compared to a net loss of $103,394 in Q3 2023.Record adjusted EBITDA* of $1,445,761 for Q3 2024 as compared to $1,038,414 in Q3 2023Total Bookings* of $14,342,555 in Q3 2024 compared to $13,313,280 in Q3 2023.Total deferred revenues of $29,660,503 as of September 30, 2024, vs $26,264,921,782 at September 30, 2023.Cash flow generated from operations of $2,320,773 for Q3 2024 vs $1,006,499 in Q3 2023Cash and cash equivalents as of September 30, 2024 of $4,981,005Investments holdings totalling $3,636,452Value of bitcoin holdings $1,231,960 as of September 30, 2024Entered into a $1.5 million non dilutive draw down loan facility

Subsequent to the quarter end the company has:

Eliminated all of its outstanding convertible debtCancelled 850,500 sharesAs of the date of this news release, purchased for cancellation an additional 438,500 sharesSurpassed 5 million domains under management

“We are very pleased with the ongoing growth of our operating business,” commented Paul Andreola, CEO of NameSilo Technologies. “Q3 was another record quarter in terms of revenues and gross margin and the significant increase in free cash flow, increased cash position and the new $1.5 draw down facility has allowed us to extinguish all of our long term convertible debt, significantly reduced our interest expense, and now has us in a net cash position for the first time since current management purchased the company in 2017. The company has never been better positioned to continue to grow and deploy capital to new opportunities and to continue to buy back shares. We would like to thank all our employees, customers and shareholders for their support and hard work.” 

NameSilo LLC (“NameSilo”) has grown to over 5.05 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 $48.96 million in 2023. Domains under management have grown from 1.85 million to over 5.05 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 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.

About NameSilo Technologies Corp. and NameSilo LLC

NameSilo Technologies Corp. 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 4.75 million active domains under management from approximately 160 countries.

Disclaimer for Forward-Looking Information

Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding potential future investments by the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause the Company’s actual results to differ materially from those expressed or implied by the forward-looking statements.

*Non-IFRS Financial Measure

Readers are cautioned that “Adjusted EBITDA” and “total bookings” are measures not recognized under IFRS. Adjusted EBITDA is defined as earnings before interest income, taxes, depreciation and amortization, share-based compensation, restructuring costs, impairment charges and other non-recurring gains or losses. Management believes Adjusted EBITDA is a useful measure that facilitates period-to-period operating comparisons. Total bookings includes the full amount of cash received from new domain bookings, renewals and other related services. Whereas, under IFRS, the Company records revenue from domain booking and renewal fees on a straight-line basis over the life of the contract term. However, the Company’s management believes that “total bookings” provides investors with insight into management’s decision-making process because management uses this measure to run the business and make financial, strategic and operating decisions. Further, “total bookings” also provides useful insight into the Company’s operating performance on a yearly basis. “Total bookings” do not have standardized meanings prescribed by IFRS and therefore may not be comparable to similar measures presented by other issuers. Readers are cautioned that “Adjusted EBITDA” and “total bookings” are not an alternative to measures determined in accordance with IFRS and should not, on their own, be construed as indicators of performance, cash flow or profitability.

NEITHER THE CSE NOR ITS REGULATION SERVICES PROVIDERS (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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SOURCE NameSilo Technologies Corp.

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Bill Faust Named Consulting Magazine Top Consultant of the Year in Industry Specialization

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Impact Advisors Leader Recognized for Expertise in Healthcare IT Implementation

CHICAGO, April 22, 2026 /PRNewswire-PRWeb/ — Impact Advisors, a leading healthcare management consulting firm, is proud to announce that Bill Faust, Managing Director, has been named a Top Consultant of the Year by Consulting Magazine in the category of Industry Specialization. This prestigious award honors consultants who demonstrate deep domain expertise and deliver exceptional value to clients within their field.

“Bill’s recognition as a Top Consultant of the Year is a testament to his deep industry expertise and unwavering commitment to client success.” -Andy Smith, managing partner and co-founder of Impact Advisors

Faust brings more than 28 years of healthcare IT experience, with a distinguished track record leading large-scale, complex implementations for both ambulatory and acute care organizations. Over the past 25 years, he has held progressive leadership roles supporting major Epic and Oracle initiatives, helping healthcare systems successfully navigate digital transformation and achieve measurable outcomes.

In his role at Impact Advisors, Faust leads the firm’s EHR Implementation & Support practice, where he is responsible for driving strategy, delivery excellence, and client success across some of the most complex healthcare IT programs in the country. His ability to combine deep technical knowledge with strong executive communication has enabled him to build trusted relationships with clients and vendor partners alike.

“Bill’s recognition as a Top Consultant of the Year is a testament to his deep industry expertise and unwavering commitment to client success,” said Andy Smith, managing partner and co-founder of Impact Advisors. “He consistently delivers high-impact results for our clients while helping advance the healthcare industry through his thoughtful, strategic leadership. Bill joined our team as our ninth colleague, and we’re fortunate to have had his guidance for all these years.”

Consulting Magazine’s Top Consultants awards recognize outstanding professionals who have made significant contributions to the consulting profession and their clients. The Industry Specialization category specifically highlights consultants who have demonstrated exceptional depth of knowledge and impact within a defined sector.

Faust’s recognition underscores Impact Advisors’ continued leadership in healthcare consulting and its commitment to delivering innovative, high-quality solutions that improve patient care and operational performance.

About Impact Advisors

Impact Advisors is a leading healthcare management consulting firm offering a comprehensive suite of technology-enabled performance improvement solutions that deliver measurable and sustainable value for clients. Our commitment to excellence has earned Best in KLAS® recognition for 19 consecutive years, and our distinctive culture has been named a “Best Place to Work” by Modern Healthcare for 16 years. Learn more at www.impact-advisors.com.

Media Contact

Catherine Povalitis, Impact Advisors, 1 815-282-9976, cpovalitis@chartwellagency.com, https://www.impact-advisors.com/

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SOURCE Impact Advisors

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Hewlett Foundation President: Philanthropy Must Bridge AI Governance Gap Between Washington and Silicon Valley

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Amber D. Miller makes the case for philanthropy and civil society to protect critical infrastructure and deliver broad benefits.

SAN FRANCISCO, April 22, 2026 /PRNewswire/ — As conversations between Washington and Silicon Valley about AI policy grow more contentious, Hewlett Foundation President Amber D. Miller calls on philanthropy to step up. In a new op-ed published by RealClearPolicy, Miller argues that governments and industry can’t close America’s AI governance gap alone, but independent institutions and philanthropy can help bridge the divide.

Drawing on her background as a physicist, Miller advocates for a practical, non-ideological approach to AI governance focused on protecting critical infrastructure, preventing strategic technological surprise, and keeping people safe while fostering innovation.

“Much of America’s critical infrastructure is highly distributed and deeply vulnerable, and its protection is dangerously under-resourced. The Hewlett Foundation wants to maximize the public benefits of emerging technologies while proactively mitigating their risks.”

To address these challenges, the Hewlett Foundation recently announced $10 million in exploratory grants to support the security of emerging technologies, including AI, biotechnology, and quantum computing.

Major grants were awarded to Stanford University’s Hoover Institution for its Tech Futures Lab, which focuses on anticipating technological surprises and enhancing U.S. resilience and Vanderbilt University’s Institute for National Security for its Wicked Problems Lab, which is building defenses against synthetic information warfare like deepfakes.

Former Secretary of State Condoleezza Rice, the director of the Hoover Institution, highlighted the importance of integrating security into innovation: “Innovation is key to national security…. Innovators will have more valuable, more marketable products if they build security into it at the front end.”

Other grantees include, the AI Now Institute, Aspen Institute, Atlantic Council, Carnegie Endowment for International Peace, Council on Foreign Relations, Georgetown University, Global Network Initiative, Institute for Security and Technology, Observer Research Foundation America, RAND, and Sentinel Bio.

Miller calls on others to join Hewlett, writing, “America has led every major technological era of the modern age, helping usher in significant discoveries that have benefited communities both here and around the world. Whether it continues to lead will depend not only on breakthroughs in labs, but on whether innovation earns public trust and delivers broad benefits. Philanthropy, with its long-term focus and commitment to charitable good, can do much to help.”

For more, read the op-ed and grant announcement: https://hewlett.org/americas-ai-governance-gap-needs-independent-oversight/ 

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SOURCE The Hewlett Foundation

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Hyperscale Data Sees Rising Demand Across Defense Portfolio Amid Heightened Global Activity

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LAS VEGAS, April 22, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI”) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company”), today announced that its wholly-owned subsidiary Gresham Worldwide, Inc., which is expected to be merged with another wholly owned subsidiary of the Company called Ballista Group, Inc., and the related party TurnOnGreen, Inc. (the “Defense Systems Group”), are actively supporting the expected increase in global defense production through its integrated portfolio of high-performance defense engineering and manufacturing subsidiaries.

The Defense Systems Group operates as an integrated engineering and manufacturing platform serving defense, aerospace, and industrial markets, delivering mission-critical electronics, radio frequency (“RF”) systems, power platforms, and advanced control technologies across the full lifecycle, from design through long-term sustainment. 

Recent global events, including but not limited to the ongoing conflicts in the Middle East and Ukraine, have contributed to increased demand signals across defense and mission-critical infrastructure supply chains. Management of the Defense Systems Group has observed a measurable uptick in inbound inquiries, program discussions and order flow across the group’s core product lines, particularly in:

RF and microwave systems supporting radar and electronic warfare;Power systems and ruggedized electronics for defense and mobility platforms; andTest, validation, and simulation technologies for mission-critical environments.

“These are environments where failure is not an option,” said Milton “Todd” Ault III, Executive Chairman of Hyperscale Data. He added that “The Defense Systems Group was assembled to deliver precision-engineered solutions for exactly these mission-critical applications, and we are seeing that demand accelerate in real time.” Further, Mr. Ault stated that “The group’s combination of deep engineering expertise, advanced manufacturing capabilities, and a global operational footprint provides a strong foundation to support long-term growth across defense, aerospace, and other mission-critical technology sectors.

The Defense Systems Group platform supports highly regulated and security-sensitive programs, operating under certifications including ISO, AS9100, and ITAR compliance, and serves customers across defense, aerospace, and critical infrastructure sectors globally. 

“As geopolitical conditions evolve, supply chains for advanced electronics and defense-related technologies are becoming increasingly constrained,” stated William Horne, Chief Executive Officer of Hyperscale Data. “The Defense Systems Group collectively provides a vertically integrated platform supporting advanced defense electronics, power systems, RF and microwave components, and precision-engineered subsystems, positioning the organization to support current and emerging demand across multiple strategic defense programs.”

While the Company continues to monitor global developments, management of the Defense Systems Group believes that sustained demand for mission-critical electronics, ruggedized power systems, and secure infrastructure technologies could present potential opportunities across the Defense Systems Group.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

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SOURCE Hyperscale Data Inc.

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