Viper Networks Releases Annual Financial Statements

Financial Performance - Revenues for the fiscal year 2025 increased to $5.546 million, up from $936 thousand in 2024 [2] - EBITDA improved to $199,197, a significant increase from a loss of ($218,035) in the same period of 2024 [2] - The acquisition of telecommunications subsidiaries, now known as 0Wire Communications, LLC and 0Wire Wholesale, LLC, contributed to this growth, generating $3.280 million in annualized revenue before the acquisition, representing a 69% increase through organic growth [2] Strategic Initiatives - The company is executing its "Everything Wireless: Telecom+Energy" strategy, integrating various technologies into a single platform for global deployment [4] - Key milestones include the launch of mobile virtual network enabler (MVNE) services through a Joint Venture Agreement with Choice Wireless, facilitating mobility services in the US and Caribbean [6] - The company has completed the registration of its regional parent company, 0Wire [CARICOM], LLC, in St. Lucia, with plans to provide services in Dominica, St. Kitts, and St. Lucia in 2026 [6] Management Insights - The CEO highlighted the company's effective execution of its strategic vision and the improvement of financial results and balance sheet [3] - The chairman noted progress in all markets and the anticipation of announcing further developments in the future [3] - The company is undergoing audit processes as part of corporate actions intended by the Board of Directors, including a rebranding to 0Wire, Inc. [6]