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Telvantis Inc. Closes May 25 With $20.6M+ in Revenue; Confirms Full Year Plan in Excess of $200M in Revenues and Strong Commercial Momentum
Telvantis Inc. Closes May 25 With $20.6M+ in Revenue; Confirms Full Year Plan in Excess of $200M in Revenues and Strong Commercial Momentum.
About this update from Raadr, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Telvantis Inc. Closes May 25 With $20.6M+ in Revenue; Confirms Full Year Plan in Excess of $200M in Revenues and Strong Commercial Momentum\r\n \r\n \r\n\r\n\r\nTelvantis Inc. Closes May 25 With $20.6M+ in Revenue; Confirms Full Year Plan in Excess of $200M in Revenues and Strong Commercial Momentum\r\n\r\n\r\n\r\n\r\n\r\nMIAMI BEACH, FL - June 23, 2025 (NEWMEDIAWIRE) - Telvantis Inc., (OTC: RDAR) (\"Telvantis\" or the \"Company\"), a U.S.-based technology-driven telecommunications and enterprise solutions provider, today announced approximately $20.6 million in revenue in the month of May 2025, confirming strong recovery of the business.\r\nWith a growing current run rate of approximately $20 million in monthly revenue, the company has substantially surpassed 2024 revenue performance. Importantly, the company's revenue trajectory continues to accelerate, validating Telvantis' position as an emerging force in the telecom technology space.\r\nThe Company's gross margin totaled approximately $150 thousand for the month as the company's gross margin continues to expand as anticipated and generated an operating loss of approximately $227 thousand before financing costs. The gross profit is expected to expand, while costs are expected to decline over the coming quarters. May marks the strongest monthly performance for the company's gross margin year to date.\r\nThe current Q2'25 performance for revenues, gross margins and operating profit represents a substantial improvement over the first quarter in 2025.\r\nNote that all mentioned numbers are unaudited.\r\n\"This month of May was strong and we believe that we will close June even stronger,\" commented Daniel Contreras, CEO of Telvantis Inc. \"We are seeing a lot of commercial momentum right now,\" added Contreras.\r\n\"We will also work with our auditors to provide reviewed H1'25 numbers after the close of the quarter,\" added Conteras.\r\nAbout Telvantis\r\nTelvantis Inc., (OTC: RDAR) is a U.S.-based telecommunications company delivering advanced solutions to operators, enterprises, and network providers worldwide. Through its recent acquisitions of operations in the U.S. and Ireland, Telvantis has strategically expanded its portfolio to encompass cutting-edge 5G technologies, cloud-based communications platforms, and enterprise-grade services. This expansion, c...