Wi2Wi Corporation Reports Q3 2025 Financial Performance and CEO Change

Wi2Wi Corporation released its third-quarter financial results, reporting a revenue increase to $1.75 million despite challenges in gross profit, which fell to $219,000 from last year's $468,000. The company faced an EBITDA loss of $141,306, compared to a positive EBITDA in the previous year, and a net loss of $351,000, significantly up from last year's $78,000 loss. Despite these pressures, Wi2Wi retains a working capital of $2.75 million and cash reserves totaling $292,000.

A leadership transition is also underway, with CEO Ted Clark stepping down to prioritize family, succeeded by Sue Amarin. Ms. Amarin aims to bolster sales, customer engagement, and operational alignment, supporting growth in core markets including avionics and defense. A major shareholder's financial support strengthens Wi2Wi's strategic focus and market penetrations.