Welcome to our dedicated page for Konatel news (Ticker: KTEL), a resource for investors and traders seeking the latest updates and insights on Konatel stock.
KonaTel, Inc. (KTEL) is a communications holding company based in Plano, Texas that reports on developments across its mobile services and hosted cloud communications operations. Its news releases provide detail on how changes in government-subsidized programs and investments in cloud platforms affect the business.
Investors following KonaTel’s news can review regular updates on its Mobile Services segment, which includes FCC-authorized Lifeline offerings and, in certain periods, Affordable Connectivity Program (ACP) services delivered through its Infiniti Mobile subsidiary. Company announcements discuss trends in subscriber activations, shifts in product mix toward higher-margin Lifeline markets, and the impact of ACP funding changes on revenue.
KonaTel also issues news about its Hosted Services activities through Apeiron Systems, a cloud communications provider operating a CPaaS, UCaaS, CCaaS, and PaaS platform. Press releases describe expansion of wholesale SMS capabilities, deployment of a cellular-based wholesale POTS replacement service, and agreements with carriers and resellers that use its national cloud network for voice, messaging, SD-WAN, IoT, and POTS replacement services.
On Stock Titan’s KTEL news page, readers can track quarterly and annual financial results, updates on the sale of a minority interest in IM Telecom, amendments to key agreements, and commentary from management on strategy, cost structure, and recurring revenue initiatives. This news feed helps users understand how KonaTel’s government-subsidized wireless operations and cloud communications platform evolve over time and how these developments are reflected in reported results.
KonaTel (OTCQB:KTEL) reported Q3 2025 results on November 20, 2025: revenue $2.2M (down 31% YoY), gross profit $709,037 (32.6% margin), GAAP net loss $(45,094) and non-GAAP net loss $(550,935) for the quarter. Cash ended Q3 at $1.2M. Management cites lower Mobile Services activations and closure of the ACP program as primary revenue drivers, offset by higher ARPU activations and cost reductions that cut operating expenses to $759,116. The company is expanding its CPaaS offerings, including wholesale SMS and wireless POTS, and reported a 20% increase in wireless POTS installations from Q2 to Q3.
KonaTel (OTCQB:KTEL) reported challenging Q2 2025 financial results, with revenues declining 50.3% to $2.2 million compared to Q2 2024. The significant revenue drop was primarily attributed to reduced activations in the Mobile Services segment following the cancellation of the Affordable Connectivity Program (ACP).
The company reported a GAAP net loss of $(1.19) million, or $(0.03) per share, while maintaining a cash position of $1.5 million. Despite challenges, gross profit margins improved to 25.5% from 20.7% year-over-year. KonaTel is actively pursuing revenue diversification through its CPaaS cloud platform expansion and awaiting regulatory approval in California for a potential new partnership launch by end of 2025.
KonaTel (OTCQB:KTEL) reported its fiscal year 2024 results, showing mixed performance. Revenue decreased to $15.5 million from $18.2 million in 2023, primarily due to reduced government subsidized revenues following the Affordable Connectivity Program (ACP) cancellation. However, gross profit slightly increased to $3.41 million from $3.37 million.
The company reported GAAP net income of $4.5 million ($0.10 per share) compared to a loss of $3.9 million in 2023, including IM Telecom 49% ownership sale. Cash position strengthened to $1.7 million from $777,000. Q4 2024 showed revenue decline but improved gross profit margins at 28.5% vs 6.8% year-over-year.
Looking ahead, KonaTel has expanded its national Lifeline license to 40 states and is growing its hosted cloud service platform. Monthly SMS service revenue increased from $20,000 to $110,000 over 12 months, and the company has launched new wholesale POTS services with agreements covering 35,000 existing lines for migration.
KonaTel (OTCQB:KTEL) reported Q2 2024 financial results with revenues of $4.3 million, down 5.6% year-over-year, and a gross profit of $900,000, up 16.2%. The company faced challenges due to the end of the Affordable Connectivity Program (ACP) but saw growth in its California Lifeline business. Key highlights include:
- GAAP net loss of $(1.1) million, or $(0.03) per share
- Non-GAAP net loss of $(885,000), or $(0.02) per diluted share
- Cash position of $3.7 million
- Expansion in California Lifeline and hosted services
- Launch of wireless-based wholesale POTS replacement service
Despite ACP revenue loss, KonaTel is focusing on California Lifeline expansion and growth in hosted services, supported by its national CPaaS platform.
KonaTel reported a 40% year-over-year revenue increase for Q1 2024, reaching $5.6 million compared to $4.0 million in Q1 2023.
The company also improved gross profit by 12.5%, achieving $1.1 million. Despite this, the gross profit margin decreased to 20% from 24.9%. Operating losses widened slightly to $847,000 from $753,000.
GAAP net income was $8.1 million, primarily due to a $9.2 million gain from selling a 49% stake in IM Telecom. Non-GAAP net income showed a loss of $833,793 compared to a $608,000 loss in the previous year.
KonaTel used sale proceeds to repay debt, ending the quarter with $3.9 million in cash. The company plans to use its stronger balance sheet to diversify revenue streams and expand through its Hosted Services segment.
Major upcoming projects include a 5-year exclusive agreement to provide wholesale cellular service to Viva-USA.
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