Wi2Wi Corporation Reports Q1 2025 Financial Performance

Wi2Wi Corporation, a leader in frequency control products, announced its unaudited financial results for Q1 2025. The company achieved a revenue of $1.55 million, reflecting a 3% increase from Q1 2024, with a gross profit margin rising to 11%. However, Wi2Wi recorded a net loss of $417,000, an increase from the previous year's $362,000 loss. Cash on hand stood at $422,000, while the net cash used in operations was $542,000.

Operationally, the company focused on its core frequency control business, reallocating resources from its wireless connectivity division. A significant component quality issue was promptly addressed, resulting in a follow-on order of $500,000. Wi2Wi also completed private placements, raising substantial funds, to support its strategic initiatives.