KonaTel Reports Third Quarter Revenue of $2.2 Million, Down 31% Year Over Year

Reuters
2025/11/20
KonaTel Reports Third Quarter Revenue of $2.2 Million, Down 31% Year Over Year

KonaTel Inc. reported third quarter 2025 revenues of $2.2 million, down 31% from $3.1 million in the same period last year, mainly due to fewer activations in the Mobile Services segment and the closure of the Federal Government's ACP Program. Gross profit was $709,037, similar to $709,372 last year, with a gross profit margin rising to 32.6% from 22.5%. Total operating expenses decreased to $759,116 from $1.9 million, largely due to lower payroll and reduced costs in marketing and application development. The company reported a GAAP net loss of $45,094, or $(0.00) per diluted share. Year-to-date revenues for the first nine months of 2025 were $6.5 million, down 50.5% from $13.1 million in the prior year. Gross profit margin increased to 29.4% compared to 20.8%. Cash at the end of the period was $1.2 million. KonaTel expanded its CPaaS cloud platform and launched a wireless POTS product, while its IM Telecom subsidiary began promoting Lifeline service to California Medicaid customers through a healthcare partner.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KonaTel Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001515971-25-000097), on November 20, 2025, and is solely responsible for the information contained therein.

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