KonaTel Q2 FY26 net loss narrows to $199,343; revenue falls 13.38% to $1.87 million
Reuters2026/08/19 18:20Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- KonaTel posted a net loss of ($199,343) for the quarter ended June 30, 2026, narrowing from ($1.19 million) a year earlier.
- Revenue fell 13.38% to $1.87 million, primarily due to a decline in Lifeline subscribers in mobile services.
- Operating expenses dropped to $644,101 from $1.75 million on lower payroll, reduced legal and professional fees, and less application development.
- Hosted Services generated about 87% of total revenue, while Mobile Services contributed about 13%.
- Short-code SMS revenue doubled over the past 12 months; wholesale POTS replacement reached about 1,000 activated lines by quarter-end.
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: 0001493152-26-039185), on August 19, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
UTG Chairman and CEO Jesse T. Correll acquires 4,808 common shares for $283,672
Reuters•2026/08/19 19:19
Grupo Vasconia says unaware of drivers behind unusual VASCONI trading moves
Reuters•2026/08/19 19:19
BRIEF-The Marzetti Company - Declares QTRLY Cash Dividend Of $1 Per Share Payable Sept 30, 2026
Reuters•2026/08/19 19:17
American Tungsten & Antimony unit picked for talks on up to US$18 million DOE award
Reuters•2026/08/19 19:16
Crypto prices
MoreBitcoin
BTC
$68,312.76
+5.61%
Ethereum
ETH
$2,097.26
+9.62%
Tether USDt
USDT
$0.9997
+0.04%
USDC
USDC
$1.0000
+0.01%
XRP
XRP
$1.07
+6.84%
Solana
SOL
$82.31
+6.63%
TRON
TRX
$0.3321
-0.33%
Hyperliquid
HYPE
$70.15
+19.31%
Dogecoin
DOGE
$0.07270
+3.31%
Zcash
ZEC
$552.37
+8.57%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now