Digerati Technologies Reports $605,000 in Revenue for Q2 FY2026

 

Company exceeds $200,000 in monthly revenue for the first full quarter following the Ricochet acquisition and accelerates to $2.4M+ annualized run rate

 

PORT JEFFERSON, NY — April 22, 2026 – TheNewswire — Digerati Technologies, Inc. (OTC: DTGI) (“Digerati” or the “Company”), a data center, power solutions, and telecom services provider, today announced financial results for the three and six months ended January 31, 2026 (Q2 FY2026), as disclosed in its Quarterly Report filed with OTC Markets.

The Company generated total revenue of $605,000 during Q2 FY2026, representing the first complete quarter of combined operations following the acquisition of Ricochet Global, LLC in late November 2025. Revenue accelerated through the period, surpassing $200,000 in the month of January 2026 alone — an annualized run rate of approximately $2.4 million and an important early operational benchmark for the newly combined enterprise.

Since completing the Ricochet acquisition, Digerati has moved quickly to expand its commercial reach. The Company has re-engaged with legacy partners and customers of both Ricochet and WaivCloud while simultaneously welcoming new commercial relationships. Ricochet Global is a licensed international carrier under Section 214 of the Federal Communications Commission, providing facilities-based and cloud-based services to telecommunications operators across Africa, the Middle East, and the Persian Gulf. WaivCloud, Inc. continues to provide colocation and related technology infrastructure to business customers across the United States. Together, the two operating subsidiaries form the foundation of the Company’s current revenue base, while Digerati’s 25% equity stake in In-Pursuit Investments — a developer of green data centers and digital infrastructure in Costa Rica and Latin America targeting 600 megawatts of capacity oversight by 2030 — represents a longer-horizon strategic asset.

In parallel with organic growth, management is actively identifying and evaluating a pipeline of complementary and accretive acquisition candidates. The Company believes that disciplined consolidation within the data center, power solutions, and telecom services verticals can accelerate revenue scale while generating operating efficiencies that would be difficult to achieve through organic growth alone.

“Reaching more than $200,000 in monthly revenue during January demonstrates that our post-acquisition integration is proceeding according to plan and that our core businesses are gaining commercial momentum,” said Robert Delvecchio, Chairman and CEO of Digerati Technologies. “Our near-term focus remains on executing organic growth across both WaivCloud and Ricochet Global. In parallel, we are conducting diligence on several acquisition candidates that we believe can deepen our capabilities, expand our addressable market, and strengthen unit economics. We are committed to transparent communication with our shareholders and look forward to providing updates as these initiatives advance.”

About Digerati Technologies, Inc. (OTC: DTGI). Digerati Technologies, Inc. is a holding company operating through its subsidiaries WaivCloud, Inc. and Ricochet Global, LLC, focused on data centers, power solutions, and telecom services. WaivCloud provides colocation and technology infrastructure solutions to business customers across the United States. Ricochet Global is a licensed international carrier under Section 214 of the FCC, providing facilities-based and cloud-based services to telecommunications operators worldwide with a primary focus on Africa, the Middle East, and the Persian Gulf. Digerati also holds a 25% equity stake in In-Pursuit Investments, a developer of green data centers and digital infrastructure in Costa Rica and Latin America targeting 600 megawatts of capacity oversight by 2030. For more information, visit digerati-inc.com, waivcloud.com, and ricochetglobal.com.

Investor Contact:
Robert DelVecchio, Chairman & CEO
Email:
[email protected]

 

 

FORWARD-LOOKING STATEMENTS

 

This press release contains forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact included in this presentation are forward-looking statements. These statements relate to analyses and other information, which are based on forecasts of future results and estimates of amounts not yet determinable. These statements also relate to our future prospects, developments, and business strategies. These forward-looking statements may be identified by the use of terms and phrases such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “target,” “will” and similar terms and phrases, including references to assumptions. However, these words are not the exclusive means of identifying such statements. Although we believe that our plans, intentions, and expectations reflected in or suggested by such forward-looking statements are reasonable, we cannot assure you that we will achieve those plans, intentions, or expectations. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expected or may prove unachievable.

 

The forward-looking statements included in this press release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events, or otherwise, except as otherwise required by law.

  

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