Viper Networks Continues Strong Organic Growth in Release of First Quarter Financial Statements
Viper Networks (OTCPK: VPER) released its Q1 2025 financial results, showing significant improvement in performance. The company reported revenues of $1.307 million and achieved positive EBITDA of $46,565, compared to a loss of $171,482 in Q1 2024. Operating losses decreased to $42,570 from $171,482 year-over-year. The company's telecommunications business grew 41% quarter-over-quarter since acquiring 0Wire Communications in November 2024.
VPER is expanding its mobile business in the Eastern Caribbean, starting in Dominica, while simultaneously developing mobile services in the United States. The company is also progressing with smart city and energy generation initiatives in the US and Sri Lanka, awaiting final designs and permits for planned deployments.
Viper Networks (OTCPK: VPER) ha pubblicato i risultati finanziari del primo trimestre 2025, evidenziando un significativo miglioramento delle performance. La società ha registrato ricavi per 1,307 milioni di dollari e ha raggiunto un EBITDA positivo di 46.565 dollari, rispetto a una perdita di 171.482 dollari nel primo trimestre 2024. Le perdite operative sono diminuite a 42.570 dollari dai 171.482 dollari dell'anno precedente. Il settore delle telecomunicazioni dell'azienda è cresciuto del 41% trimestre su trimestre dopo l'acquisizione di 0Wire Communications nel novembre 2024.
VPER sta espandendo la sua attività mobile nei Caraibi orientali, iniziando da Dominica, mentre sviluppa contemporaneamente servizi mobili negli Stati Uniti. La società sta inoltre avanzando con iniziative per smart city e produzione di energia negli USA e nello Sri Lanka, in attesa dei progetti finali e dei permessi per le implementazioni previste.
Viper Networks (OTCPK: VPER) publicó sus resultados financieros del primer trimestre de 2025, mostrando una mejora significativa en su desempeño. La compañía reportó ingresos de 1,307 millones de dólares y logró un EBITDA positivo de 46,565 dólares, en comparación con una pérdida de 171,482 dólares en el primer trimestre de 2024. Las pérdidas operativas disminuyeron a 42,570 dólares desde 171,482 dólares año tras año. El negocio de telecomunicaciones de la empresa creció un 41% trimestre a trimestre tras la adquisición de 0Wire Communications en noviembre de 2024.
VPER está expandiendo su negocio móvil en el Caribe Oriental, comenzando en Dominica, mientras desarrolla simultáneamente servicios móviles en Estados Unidos. La compañía también avanza con iniciativas de ciudades inteligentes y generación de energía en EE. UU. y Sri Lanka, a la espera de los diseños finales y permisos para los despliegues planificados.
Viper Networks (OTCPK: VPER)는 2025년 1분기 재무 실적을 발표하며 성과가 크게 개선되었음을 보여주었습니다. 회사는 1,307만 달러의 매출을 기록했고, 2024년 1분기 171,482달러 손실과 비교해 46,565달러의 긍정적인 EBITDA를 달성했습니다. 영업 손실은 전년 동기 대비 171,482달러에서 42,570달러로 감소했습니다. 2024년 11월 0Wire Communications를 인수한 이후 회사의 통신 사업은 분기별 41% 성장을 기록했습니다.
VPER는 도미니카를 시작으로 동부 카리브해 지역에서 모바일 사업을 확장하는 한편, 미국 내 모바일 서비스도 동시에 개발 중입니다. 또한 미국과 스리랑카에서 스마트 시티 및 에너지 생산 이니셔티브를 진행 중이며, 계획된 배치를 위한 최종 설계와 허가를 기다리고 있습니다.
Viper Networks (OTCPK : VPER) a publié ses résultats financiers du premier trimestre 2025, montrant une amélioration significative de ses performances. La société a déclaré un chiffre d'affaires de 1,307 million de dollars et a réalisé un EBITDA positif de 46 565 dollars, contre une perte de 171 482 dollars au premier trimestre 2024. Les pertes d'exploitation ont diminué, passant de 171 482 à 42 570 dollars d'une année sur l'autre. L'activité télécommunications de l'entreprise a connu une croissance de 41 % d'un trimestre à l'autre depuis l'acquisition de 0Wire Communications en novembre 2024.
VPER étend son activité mobile dans les Caraïbes orientales, en commençant par la Dominique, tout en développant simultanément des services mobiles aux États-Unis. La société progresse également dans ses initiatives de villes intelligentes et de production d'énergie aux États-Unis et au Sri Lanka, en attente des plans finaux et des permis pour les déploiements prévus.
Viper Networks (OTCPK: VPER) veröffentlichte seine Finanzergebnisse für das erste Quartal 2025 und zeigte dabei eine deutliche Leistungsverbesserung. Das Unternehmen meldete Umsätze von 1,307 Millionen US-Dollar und erzielte ein positives EBITDA von 46.565 US-Dollar, im Vergleich zu einem Verlust von 171.482 US-Dollar im ersten Quartal 2024. Die operativen Verluste sanken von 171.482 US-Dollar auf 42.570 US-Dollar im Jahresvergleich. Das Telekommunikationsgeschäft des Unternehmens wuchs seit der Übernahme von 0Wire Communications im November 2024 um 41 % Quartal über Quartal.
VPER erweitert sein Mobilfunkgeschäft in der östlichen Karibik, beginnend in Dominica, während gleichzeitig mobile Dienste in den USA entwickelt werden. Das Unternehmen macht auch Fortschritte bei Smart-City- und Energieerzeugungsinitiativen in den USA und Sri Lanka und wartet auf die endgültigen Entwürfe und Genehmigungen für die geplanten Einsätze.
- Revenue growth to $1.307 million in Q1 2025
- Positive EBITDA of $46,565, compared to previous year's loss
- 41% quarter-over-quarter growth in telecommunications business
- Significant reduction in operating losses from $171,482 to $42,570
- Geographic expansion into Eastern Caribbean mobile market
- Operating loss of $42,570 in Q1 2025
- Non-cash expenses from depreciation and amortization impacting operating results
- Pending regulatory approvals and permits for planned deployments
TROY, Mich., May 28, 2025 (GLOBE NEWSWIRE) -- Viper Networks (OTCPK: VPER) continued to show strong organic growth in the release of its first quarter 2025 financial statements while maintaining positive EBITDA and reducing debt.
Revenues from the quarter rose to
Operating losses decreased to
“During the period the company continued to develop its mobile business, creating the legal framework for its operations in the Eastern Caribbean, which will commence in the country of Dominica. The EC rollout will happen simultaneously with the deployment of mobile services in the United States. We are addressing a critical need for cross-border communications between the population of the small island nations in the region and the United States and Canada,” said Erik Levitt, the company’s CEO. “We intend to announce several key partnerships in the coming quarter that will substantially accelerate our development in the region and in the mobility business unit.”
“Progress continued in the company’s smart city and energy generation initiatives in the United States and in Sri Lanka,” said Farid Shouekani, the company’s Chairman. “As we receive final designs and permits from key municipalities we will begin the planned deployments in both countries.”
The company completed its evaluation of the acquired entities and has filed a revision to its annual financial statements in accordance with standard accounting practices. The filing was concurrent to the filing of the quarterly financial statements.
ABOUT VIPER NETWORKS, INC.
Viper Networks is a service provider of telecommunications, smart city and energy generation projects. Our “Everything Wireless Telecom+Energy” strategy is designed to integrate mobility, fixed wireless, over-the-top (“OTT”) technologies and smart cities into a single platform that can deployed in any market globally. For more information go to www.ViperNetworks.com.
Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
Company line: +1 248-724-1300
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