MachTen, Inc. reported revenue of $4.22 million in Q2 2025, slightly lower than $4.25 million in Q2 2024 due to declines in legacy voice services. Operating profit was $1.3 million, net income $640,000, and EBITDA $2.1 million. Year-to-date revenue was $8.35 million, operating profit $2.42 million, net income $1.23 million, and EBITDA $4.2 million.

Michigan Broadband invested $3.7 million in fiber builds, adding 50 route-miles and 1,000 passings in H1 2025. They expect ~3,500 new fiber passings under the E-ACAM program in 2025, reaching ~4,500 by year-end. Construction continued on RC3 grant projects to improve connectivity to 2,500 locations over 500 miles.

Cash & equivalents were $1.73 million as of June 30, 2025. MachTen has a $20 million term loan with $17 million outstanding. They prioritize fiber builds and programs with contractual support. EBITDA is $2.1 million, a key indicator used in the telecommunications industry.

MachTen, Inc. is a holding company for Michigan Broadband serving 1,800 fiber broadband customers. They focus on broadband internet access and communications services. Forward-looking statements include expected build activity, program milestones, and projected financial performance. Investors can find more information on their website.

Read more at GlobeNewswire: MachTen Reports Financial Results for the Second Quarter of