Latest news with #Telvantis
Associated Press
3 hours ago
- Business
- Associated Press
Telvantis Inc. Closes May 25 With $20.6M+ in Revenue; Confirms Full Year Plan in Excess of $200M in Revenues and Strong Commercial Momentum
MIAMI 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. With 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. The 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. The current Q2'25 performance for revenues, gross margins and operating profit represents a substantial improvement over the first quarter in 2025. Note that all mentioned numbers are unaudited. '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. 'We will also work with our auditors to provide reviewed H1'25 numbers after the close of the quarter,' added Conteras. About Telvantis Telvantis 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, combined with a forward-thinking approach, positions Telvantis for accelerated growth and market leadership in the evolving telecommunications landscape. Forward-looking statements This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect Telvantis' current expectations regarding future events and are based on management's beliefs and assumptions. Actual results could differ materially from those projected due to various factors, including market conditions, competition, and the successful integration of acquired operations. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Telvantis undertakes no obligation to update or revise any forward-looking statements, except as required by law. Investor Relations contact Telvantis Inc. 1680 Michigan Avenue, Suite 700 Miami Beach, FL 33139 Email: [email protected] View the original release on
Associated Press
13-06-2025
- Business
- Associated Press
RDAR Announces Filing of Corporate Name Change to Telvantis, Inc.
NEW YORK, NY - June 13, 2025 ( NEWMEDIAWIRE ) - Telvantis, Inc., formerly Raadr, Inc. (OTC: $RDAR) ('Telvantis' or the 'Company'), today announced that, after Board and Majority Shareholder approval, it has filed an amendment changing its corporate name to 'Telvantis, Inc.' The Company has already initiated the required FINRA Corporate Action submission to obtain market implementation of the corporate name change, as well as a change in ticker symbol. The Company is unable to predict the completion date of the FINRA Corporate Action process. 'We are pleased to get the corporate name change done and FINRA process started,' said Daniel Contreras, CEO of Telvantis. 'As we continue to progress on the corporate side of things, we remain extremely optimistic about our operating results and the exciting acquisition opportunities that we are working towards, including our previously announced MOU with Fortytwo.' About Telvantis, Inc. The Company changed its corporate name from Raadr, Inc. to Telvantis, Inc., effective June 10, 2025. Telvantis, Inc. (OTC: $RDAR) is a U.S.-based communications technology company powering global enterprise communication. Leveraging extensive carrier relationships and proprietary CPaaS capabilities, Telvantis delivers high-volume, reliable messaging, voice, and digital communication solutions. With a strong foothold and expanding partnerships in high-growth sectors like fintech, healthcare, and e-commerce, Telvantis is executing its strategy to become a leader in the communications technology space. The company is headquartered in Miami Beach, FL. Forward-looking statements This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect Telvantis' current expectations regarding future events and are based on management's beliefs and assumptions. Actual results could differ materially from those projected due to various factors, including market conditions, competition, and the successful integration of acquired operations. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Telvantis undertakes no obligation to update or revise any forward-looking statements, except as required by law. Investor Relations contact Telvantis Inc. 1680 Michigan Avenue, Suite 700 Miami Beach, FL 33139 Email: [email protected]
Associated Press
06-06-2025
- Business
- Associated Press
Raadr, Doing Business as Telvantis, Announces Memorandum of Understanding (MOU) With Fortytwo Including Strategic Collaboration and Accelerated Merger Discussions
NEW YORK, NY - June 6, 2025 ( NEWMEDIAWIRE ) - Raadr Inc. (OTC: $RDAR), doing business as Telvantis ('Telvantis' or the 'Company'), today announced the signing of a strategic MOU with Fortytwo, a global leader in enterprise-centric messaging technology. The MOU commits both parties to strategic collaboration and accelerated merger discussions. Fortytwo is a Malta based group with a long operating history and strong brand name in the messaging technology space. Fortytwo has a fast growing, high-margin enterprise offering and achieved unaudited revenues approximately $27 million in 2024 and expects to exceed $1.3m in operating profits this year. Fortytwo is owned by Heritage Ventures (which is owned by Orlando Taddeo, Telvantis' President and Director), a controlling shareholder of Mexedia SPA, Telvantis' controlling shareholder. Strategic Collaboration The strategic collaboration entails: Offering of Fortytwo's cutting-edge messaging solutions to Telvantis' customers. This offering will complement Telvantis' voice offering through mobile messaging product and service ranges. 'Mobile Messaging solutions are the natural add-on for our strong voice business,' said Daniel Contreras, CEO of Telvantis. 'This is a logical extension in our offering and Fortytwo is a dream partner to serve our top-tier international customer base.' 'We have already identified initial partners for these new offerings. It's an exciting commercial opportunity and we also expect short term business wins from this collaboration,' said Maickel Abdou, CEO of Telvantis' subsidiary, Telvantis Voice Services Inc. 'This MOU is an important step to stay close and relevant in the market. Technology keeps evolving and with Fortytwo we will stay at the forefront to serve our partners.' 'We are a tech messaging and mobile engagement company and a recognized veteran in the industry. Partnering with a voice powerhouse like Telvantis will definitely open new doors for us,' said Glen Warren, GM at Fortytwo. 'The team is very excited about joining forces.' Joint market entry into the US enterprise segment. The market entry will focus on bringing Fortytwo's advanced mobile messaging solutions directly to medium sized enterprises in the US, replicating Fortytwo's existing business model. 'We are very excited to announce the launch of our enterprise offering with this MOU. Fortytwo is the ideal technology partner with the right mix of sophisticated services, boutique customer care and hands-on solutions delivery,' said Maickel Abdou. 'Our enterprise business is fast growing and at structurally higher margins that Telvantis' voice business. Leveraging Telvantis' US market presence and substantial commercial relations will allow us to create significant additional value,' said Glen Warren, GM at Fortytwo. 'It is a very exciting time in our dynamic industry and the opportunity to work closer with Telvantis will benefit all stakeholders through combining our technology expertise with Telvantis' local commercial footprint.' The MOU further commits both parties to Accelerated Merger Discussions. 'We believe that Fortytwo and its very advanced technologies, products and services would be a tremendous addition to our US based group. There is a significant commercial opportunity ahead of us if we join forces. It is only logical to consider combining both entities,' commented Daniel Contreras. 'Fortytwo is a great company and its addition to the Telvantis group would strengthen our equity story for a regulated market substantially. We are working diligently to evaluate this option on an accelerated track. The market will be updated over the coming weeks how this potential acquisition will be structured and how it fits into our uplisting strategy,' said Daniel Gilcher, CFO of Telvantis. 'We believe bringing Fortytwo's differentiated offering into the US poses a significant growth opportunity which we would like to fully participate in.' 'A possible merger with Telvantis is a unique opportunity for Fortytwo. This would pave our way for more growth and value generation in the world's largest market, the US,' comments Glen Warren, GM at Fortytwo. About Telvantis Raadr, Inc., doing business as Telvantis (OTC: $RDAR), is a U.S.-based communications technology company powering global enterprise communication. Leveraging extensive carrier relationships and proprietary CPaaS capabilities, Telvantis delivers high-volume, reliable messaging, voice, and digital communication solutions. With a strong foothold and expanding partnerships in high-growth sectors like fintech, healthcare, and e-commerce, Telvantis is executing its strategy to become a leader in the communications technology space. The company is headquartered in Miami Beach, FL. About Fortytwo Fortytwo, is a Malta-based Mobile Engagement and Messaging Technology Company, empowering both global enterprise communication and telco business. With extensive and highly trusted proprietary systems, developed over many years of experience, the company enables mobile engagement and brand communication for clients covering the globe. Fortytwo is headquartered in Malta with offices in Sweden and UK. Forward-looking statements This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect Telvantis' current expectations regarding future events and are based on management's beliefs and assumptions. Actual results could differ materially from those projected due to various factors, including market conditions, competition, and the successful integration of acquired operations. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Telvantis undertakes no obligation to update or revise any forward-looking statements, except as required by law. Investor Relations contact Telvantis Inc. 1680 Michigan Avenue, Suite 700 Miami Beach, FL 33139 Email: [email protected] View the original release on
Associated Press
28-05-2025
- Business
- Associated Press
Raadr Inc., Doing Business as Telvantis, Schedules Virtual Investor Call to Review Q1 25, Strategic Milestones and Future Outlook
NEW YORK, NY - May 28, 2025 ( NEWMEDIAWIRE ) - Raadr Inc. (OTC: RDAR), doing business as Telvantis ('Telvantis' or the 'Company'), a leading technology-driven telecommunications and enterprise solutions provider, today announced details of its upcoming virtual investor call scheduled for Monday, June 2, 2025, at 4:30 PM Eastern Time. This virtual meeting will provide investors with key insights into Telvantis' first quarter performance, recent strategic initiatives, significant financial achievements, and detailed plans for future growth. Telvantis leadership will deliver an informative update, followed by a dedicated question-and-answer session. Investors not yet registered for the Ambassador Program can sign up here: Upon registration, attendees will receive a confirmation email with instructions on how to join the meeting. Investors are encouraged to register early to secure their spot and may submit questions in advance by emailing [email protected] with the subject line 'Investor Call Question' by May 30, 2025. 'Transparent communication with our shareholders and investors is paramount at Telvantis,' said Daniel Contreras, CEO of Telvantis. 'We look forward to sharing tangible progress on our strategic initiatives, highlighting our recent achievements, and outlining our roadmap for continued growth. This meeting is a great opportunity to engage directly with our investors, address their questions, and reaffirm our commitment to long-term shareholder value.' Event Details: About Telvantis Raadr Inc., doing business as Telvantis (OTC: RDAR), is a U.S.-based telecommunications company delivering advanced solutions to operators, enterprises, and network providers worldwide. Leveraging extensive carrier relationships and proprietary CPaaS capabilities, Telvantis provides robust, high-volume messaging, voice, and digital communication services. With a strong presence and expanding partnerships in fintech, healthcare, and e-commerce, Telvantis is strategically positioned for continued growth and leadership in the evolving telecommunications market. Forward-looking statements This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect the Company's current expectations regarding future events and are based on management's beliefs and assumptions. Actual results could differ materially due to various factors, including market conditions, competition, and the successful integration of acquired operations. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law Investor relations contact Raadr Inc., doing business as Telvantis, 1680 Michigan Avenue, Suite 700 Miami Beach, FL 33139 Email: [email protected] Website: View the original release on
Yahoo
19-05-2025
- Business
- Yahoo
Raadr Inc., Doing Business as Telvantis, Announces $1.4 Million Reduction in Note Obligation
NEW YORK - May 19, 2025 (NEWMEDIAWIRE) - Raadr Inc. (OTC: $RDAR), doing business as Telvantis ("Telvantis" or the "Company"), today announced that it and JanBella Group, LLC ("JanBella") have agreed to amend the Company's note obligation to JanBella to a total of $400,000 - the original note had a principal amount of $540,000 and an additional $1,260,000 in conditional obligations, including an 18-month 10% "fee tail" obligation on certain future funding. The revised $400,000 note balance is payable in four monthly installments, with the first payment having already been made by the Company. "The increasing strength of our business operations has enabled us to take this decisive action, which, together with our previously announced share buyback program, delivers both short-term and long-term benefits," said Daniel Contreras, CEO of Telvantis. "Each of these actions, in their own way, creates meaningful long-term value for our shareholders," Mr. Contreras added. "We constantly seek to allocate our available cash where it offers attractive returns, and our ability to dramatically reduce our future obligations to JanBella was an opportunity that magnifies our ability and, importantly, our willingness to strike at the right time," said Daniel Gilcher, CFO of Telvantis. Mr. Gilcher extended his comments by expressing the Company's gratitude to JanBella for working toward a mutually beneficial outcome. About Telvantis Raadr Inc., doing business as Telvantis (OTC: $RDAR), is a U.S.-based communications technology company powering global enterprise communication. Leveraging extensive carrier relationships and proprietary CPaaS capabilities, Telvantis delivers high-volume, reliable messaging, voice, and digital communication solutions. With a strong foothold and expanding partnerships in high-growth sectors like fintech, healthcare, and e-commerce, Telvantis is executing its strategy to become a leader in the communications technology space. The company is headquartered in Miami Beach, FL. Forward-looking Statements This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect Telvantis' current expectations regarding future events and are based on management's beliefs and assumptions. Actual results could differ materially from those projected due to various factors, including market conditions, competition, and the successful integration of acquired operations. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Telvantis undertakes no obligation to update or revise any forward-looking statements, except as required by law. Investor Relations Contact Raadr Inc., doing business as Telvantis,1680 Michigan Avenue, Suite 700Miami Beach, FL 33139Email: ir@ TelvantisTwitter/X: @Telvantis View the original release on
