Viper Networks Continues Strong Organic Growth in Release of Third Quarter Financial Statements

Financial Performance - Revenues for Q3 2025 increased to $1.562 million, up from $1.307 million in Q1 2025, marking a significant growth following the acquisition of the telecommunications business unit [2] - EBITDA for the nine months ended September 30, 2025, rose to $103,387, compared to an EBITDA loss of $288,418 for the same period in 2024, indicating a strong recovery and growth primarily driven by the Over-the-Top (OTT) business unit [2] - Operating losses decreased to $58,771 from $314,813 in the same period in 2024, largely due to non-cash expenses related to depreciation and amortization from the telecommunications business unit acquisition, which amounted to $148,984 during the period [3] Strategic Developments - The company is experiencing strong growth in its existing businesses, particularly in mobile voice and messaging products, which are seen as key to the rollout of mobile solutions in the US and Eastern Caribbean [4] - Progress has been made in establishing supplier agreements, meeting regulatory requirements, and setting up marketing channels in preparation for the launch of mobile services [4] - The company is focused on its "Everything Wireless: Telecom+Energy" strategy, which encompasses OTT technology, fixed wireless access, mobility, smart cities, and renewable energy generation [4][5] Future Outlook - The company anticipates further insights into the development of ongoing projects in the upcoming quarter, emphasizing the importance of its strategic pillars in driving future growth [4]