Digerati Technologies, Inc. (OTC: DTGI), a provider of data center, power solutions, and telecom services, announced financial results for the three and six months ended January 31, 2026. The company generated total revenue of $605,000 in the second quarter of fiscal year 2026, marking 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 January 2026 alone, representing an annualized run rate of approximately $2.4 million. This milestone serves as an important early operational benchmark for the newly combined enterprise.
Since completing the Ricochet acquisition, Digerati has expanded its commercial reach by re-engaging with legacy partners and customers of both Ricochet and WaivCloud while 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, these two operating subsidiaries form the foundation of the company's current revenue base. Additionally, 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. Chairman and CEO Robert Delvecchio stated, "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. 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."
The financial results highlight the company's progress in integrating Ricochet Global and its ability to generate increasing monthly revenue. The $2.4 million annualized run rate provides a clear indicator of the combined entity's growth trajectory. Investors and stakeholders can view the full quarterly report filed with OTC Markets for more details. Digerati remains committed to transparent communication and looks forward to providing updates as these initiatives advance. For more information about Digerati and its subsidiaries, visit digerati-inc.com, waivcloud.com, and ricochetglobal.com.
This press release contains forward-looking statements subject to risks and uncertainties. For a full discussion of these risks, refer to the company's filings with the Securities and Exchange Commission.
