Viper Networks (OTCID: VPER) reported positive financial results for 2025, with revenues increasing to $5.546 million from $936 thousand in 2024. EBITDA also rose to $199,197 from ($218,035) in 2024, due to acquisitions and organic growth. The company achieved positive cash flow of $62,968 despite a net income of ($127,762) with $199,321 in non-cash expenses.
Key milestones in 2025 include positive EBITDA and cash flow, expanding mobile services in the US, launching MVNE services with Choice Wireless, completing a smart city pilot in Saudi Arabia, and registering 0Wire [CARICOM], LLC in St. Lucia. The company plans to rebrand as 0Wire, Inc. and continue strategic growth in 2026.
CEO Erik Levitt praised Viper Networks for its progress in executing the Everything Wireless: Telecom+Energy strategy, leading to improved financial results and projects in the US, Sri Lanka, and the Caribbean. Chairman Farid Shouekani emphasized the company’s strategic vision and plans for future growth, following completion of audits and necessary filings.
Viper Networks is a telecommunications, smart city, and energy projects provider focusing on integrating various technologies into a single platform for global deployment. Forward-looking statements in the press release caution investors about potential risks and uncertainties, urging careful consideration of projections and expectations. Investors can contact the company’s Investor Relations Hotline for more information at +1 248-724-1300.
Read more at GlobeNewswire: Viper Networks Releases Annual Financial Statements
