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Wi2Wi Corp ( (TSE:YTY) ) has provided an update.
Wi2Wi Corporation reported a challenging second quarter of 2025, with a 13% decrease in revenue and a significant increase in net loss compared to the previous year, primarily due to a one-time quality control issue and tariff timing. However, the company has taken steps to address these challenges, including enhanced quality controls and financial support from a major shareholder, which is expected to strengthen its working capital and inventory levels. With an expanded sales team and a focus on its core markets, Wi2Wi anticipates increased sales activity and partnership opportunities in the latter half of the year.
More about Wi2Wi Corp
Wi2Wi Corporation is a specialized electronic component supplier focusing on precision timing devices and frequency control products. The company serves key markets such as avionics, aerospace, industrial equipment, government, and the US military, with a strong emphasis on high-quality, made-in-America products. Founded in 2005, Wi2Wi is headquartered in Middleton, WI, and leverages global partnerships to deliver tailored solutions.
Average Trading Volume: 512,024
Technical Sentiment Signal: Sell
Current Market Cap: C$4.61M
For a thorough assessment of YTY stock, go to TipRanks’ Stock Analysis page.