NuRAN Wireless Announces Q3 2025 Financial Results

NuRAN Wireless Inc. reported a decrease in revenue for the first nine months of 2025, totaling $3,548,865, down 3.7% from 2024. This period saw a gross profit increase of 8% to $2,189,662, reflecting a 62% profit margin. Despite lower total expenses, the net loss rose by 3.6% to $8,424,579. The company is actively negotiating with lenders to optimize debt terms, having raised $1.5M through a private placement.

Significant achievements include securing a CA$ 7.2M contract for network expansion in West Africa and receiving a telecom license in the Democratic Republic of the Congo. Additionally, it drew $1M from the Facility for Energy Inclusion fund. Recent compliance with BCSC disclosure obligations ensures ongoing transparency and sets the stage for a proposed restructuring transaction approved in the October general meeting.