TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Wi2Wi Corp ( (TSE:YTY) ) just unveiled an announcement.
Wi2Wi Corporation reported a 3% increase in revenue for the first quarter of 2025, reaching $1.55 million, with a slight improvement in gross profit margin. Despite a net loss of $417,000, the company is focusing on its core frequency control business, having reallocated resources away from its wireless connectivity division. A quality issue with a major customer was promptly resolved, leading to a follow-on order, highlighting Wi2Wi’s strong customer relationships. The company also completed two non-brokered private placements, raising significant funds to support its operations.
More about Wi2Wi Corp
Wi2Wi Corporation is a specialized electronic component supplier focusing on frequency control devices and wireless technologies. The company operates under the Precision Devices brand, serving key markets such as avionics, aerospace, industrial equipment, government, and the US military. Founded in 2005, Wi2Wi is headquartered in Middleton, WI, and leverages global partnerships with leading silicon and wireless technology suppliers.
Average Trading Volume: 80,534
Technical Sentiment Signal: Sell
Current Market Cap: C$2.59M
For detailed information about YTY stock, go to TipRanks’ Stock Analysis page.