NuRAN Wireless Reports Q2 2025 Financial Results and Strategic Developments

NuRAN Wireless Inc. has announced its financial results for the quarter ending June 30, 2025. The company's revenue increased by 39% to $2.9 million compared to the same period last year, largely due to the expansion of the Network as a Service (NaaS) model. Gross profit also rose by 36%, reaching $1.68 million, highlighting effective cost management despite higher operational scale.

Total expenses fell by 6% but financial costs increased, impacting net profitability. The net loss widened to $5.3 million, up 9% from the previous year, owing partly to a loss on debt settlement and other non-operational charges. NuRAN's focus remains on growth, with their strategic NaaS approach yielding positive revenue results.

Efforts initiated for debt restructuring are in progress. A recent $1.5 million private placement aims to support ongoing operations and reduce short-term debt. Negotiations with debt holders and potential investors are ongoing. These moves align with their goal to enhance capital structure and facilitate future growth investments.