Latest news with #RDAR
Associated Press
22-04-2025
- Business
- Associated Press
$32 Million Reported for Q1 of 2025 for Global Communications Company with a Multi-Stream On-Track for $1B Target: Raadr, Inc., Doing Business as Telvantis (Stock Symbol: RDAR)
$RDAR $300M Platform Offering Proprietary CPaaS Capabilities for High-Volume, Reliable Messaging, Voice and Digital Communications Raadr, Inc., doing business as Telvantis (OTC: RDAR), is a U.S.-based communications technology company powering global enterprise communication. Leveraging extensive carrier relationships and proprietary CPaaS (Communications Platform as a Service) capabilities, RDAR delivers high-volume, reliable messaging, voice, and digital communication solutions. With a strong foothold and expanding partnerships in high-growth sectors like fintech, healthcare, and e-commerce, RDAR is executing its strategy to become a leader in the communications technology space. RDAR company objective include: Drive innovation: continuously pioneer cutting-edge technology to enhance telecommunications services worldwide. Expand reach: build lasting partnerships with leading telcos and enterprises across global markets. Elevate service quality: Deliver reliable, high-impact solutions that elevate industry standards and client success. Foster Growth: Leverage our entrepreneurial roots to adapt and grow within an evolving industry landscape. $32M+ in Revenue Across February and March; Business Plan Relaunch Gaining Momentum On April 21st RDAR announced approximately $32 million in revenue across February and March 2025, confirming strong execution of its business relaunch and growth strategy. With $12.5 million in February and $19.6 million in March, the company's revenue trajectory continues to accelerate, validating the RDAR position as an emerging force in the telecom technology space. This milestone comes on the heels of RDAR completing its legacy debt remediation and officially entering the next phase of scalable operations. RDAR Gross Margin totaled approximately $1 million over these two months and generated a slight positive operating profit before financing costs. The complete RDAR financial statements will be included in the Company's quarterly report, which is due May 15, 2025. Transition from Restructuring to Execution Launches Phase 2 of Growth Plan On April 10th RDAR announced the official launch of Phase 2 of its 2025 growth strategy. With the final stage of debt remediation now complete, RDAR is shifting into full execution mode, prioritizing revenue generation, strategic acquisitions and sustainable shareholder value creation. This milestone marks a turning point in the RDAR story. Phase 1 focused on stabilizing the company by cleaning up legacy debt, removing shell risk designations, and completing foundational integrations. With those goals accomplished, RDAR is now entering a new chapter of aggressive expansion and market execution. 'Phase 2 is all about momentum, discipline, and strategic scaling,' said Daniel Contreras, CEO of RDAR. 'Weve done the hard work of repositioning the company. Now, we're building on that foundation by accelerating real revenue, strengthening our operations, and moving closer to our uplisting objectives. Phase 2 priorities: Enterprise Revenue Acceleration: Expanding RDAR CPaaS services across fintech, e-commerce, and healthcare sectors with customers already in active onboarding. Strategic Acquisitions: Advancing talks with select U.S.-based and international companies that align with RDAR growth and margin expansion objectives. Audit Completion & Transparency: Finalizing financial audits to support future filings and uplisting efforts. Operational Execution: Optimizing internal systems, processes, and leadership structures for long-term scalability. Market Visibility: Delivering more frequent shareholder updates, investor engagement content, and performance milestones. RDAR Completes Final Stage of Legacy Debt Remediation, Paving the Way for New Growth Phase On April 1st RDAR announced the completion of its final round of debt remediation and legacy clean-up efforts that began in late 2024. Since taking operational control of RDAR in 2024, the current management team has been focused on rebuilding the company with a clear goal: to transform RDAR into a high-growth technology and communications platform under the Telvantis brand. That transformation required addressing years of legacy debt, broken agreements, toxic funders, and outdated contracts - issues that prevented meaningful forward progress. What's Been Done Since Taking Over RDAR Corporate Rebranding & Vision Shift Transitioned from Raadr to Telvantis, a telecom-technology hybrid company focused on CPaaS (Communications Platform as a Service), global connectivity, and AI-driven communications. Resolved Outstanding Liabilities Settled or remediated toxic and restrictive legacy debt instruments that weighed on the companys operations and market reputation. Filed Updated Disclosures Improved transparency and made strategic filings to align with uplisting goals. Built a $300M+ Revenue Platform As outlined in the Investor Education Series, RDAR has developed a multi-stream revenue model and a clear plan to scale toward $1B in annual revenues. Announced Buyback Intentions Confirmed intent to pursue RDAR share buybacks when appropriate and aligned with shareholder value. Secured Global Partnerships Built a global telecom and enterprise customer base with over 300 carrier relationships and growing software licensing deals. RDAR also has NASDAQ Uplisting potential with a commitment to meeting the standards for a national exchange listing. For more information on $RDAD visit: Company Name: Raadr, Inc., doing business as Telvantis (OTC: RDAR) X Account: LinkedIn: DISCLAIMER: Disclosure listed on the CorporateAds website Media Contact Company Name: Raadr, Inc Contact Person: Daniel Contreras, CEO Email: Send Email Phone: +1 (954)456-3191 Address:1680 Michigan Avenue City: Miami Beach State: Florida Country: United States Website: Source: CAP, LLC
Associated Press
01-04-2025
- Business
- Associated Press
Raadr Inc., Doing Business as Telvantis, Completes Final Stage of Legacy Debt Remediation, Paving the Way for New Growth Phase
NEWMEDIAWIRE) - Raadr Inc. (OTC: $RDAR), doing business as Telvantis ('Telvantis' or the 'Company'), today announced the completion of its final round of debt remediation and legacy clean-up efforts that began in late 2024. This marks a significant milestone in the company's ongoing transformation and sets the foundation for the next phase of strategic growth. Since taking operational control of RDAR in 2024, the current management team has been focused on rebuilding the company with a clear goal: to transform RDAR into a high-growth technology and communications platform under the Telvantis brand. That transformation required addressing years of legacy debt, broken agreements, toxic funders, and outdated contracts - issues that prevented meaningful forward progress. Today's structural change reflects the final stage of that cleanup process. A Necessary Step Toward the Future 'This was the last chapter of an old book,' said Daniel Contreras, CEO of Telvantis. 'We inherited a broken structure and made it our responsibility to fix it from the ground up. We delivered the contractual resolution to all these issues within weeks of taking control, and now the last investor has exercised his conversion right. Now that this last portion of legacy obligations is complete, we can fully shift our focus to growth, value creation, and the execution of our long-term roadmap.' What's Been Done Since Taking Over Corporate Rebranding & Vision Shift – Transitioned from Raadr to Telvantis, a telecom-technology hybrid company focused on CPaaS (Communications Platform as a Service), global connectivity, and AI-driven communications. Resolved Outstanding Liabilities – Settled or remediated toxic and restrictive legacy debt instruments that weighed on the company's operations and market reputation. Filed Updated Disclosures – Improved transparency and made strategic filings to align with uplisting goals. Built a $300M+ Revenue Platform – As outlined in the Investor Education Series, Telvantis has developed a multi-stream revenue model and a clear plan to scale toward $1B in annual revenues. Announced Buyback Intentions – Confirmed intent to pursue buybacks when appropriate and aligned with shareholder value. Secured Global Partnerships – Built a global telecom and enterprise customer base with over 300 carrier relationships and growing software licensing deals. Addressing Recent Shareholder Concerns The Company acknowledges that recent updates to its share structure have raised questions among shareholders. To be clear, the latest changes reflect the final settlement actions tied to legacy note obligations, many of which were carried over from prior management. These settlements were necessary to clean the balance sheet and position the company for a stronger financial future. With that chapter now closed, the Company confirms that there are no additional legacy liabilities outstanding. This unlocks a new level of operational freedom and strategic execution. Looking Ahead Telvantis now enters its next phase, focused on operational growth, technology advancement, deeper market penetration, and increasing shareholder value. Future milestones include: 'We understand shareholder concerns - we've read the comments, emails, and message boards,' added Daniel Gilcher, CFO of Telvantis. 'But the facts are this: We are a $300M+ revenue business, with global partnerships and the infrastructure to scale to $1B+ in annual sales. The past is now officially behind us, and what comes next will speak for itself.' About Telvantis Raadr Inc., now doing business as Telvantis (OTC: RDAR), is a U.S.-based telecommunications company delivering advanced solutions to operators, enterprises, and network providers worldwide. Through its recent acquisitions of operations in the U.S. and Ireland, Telvantis has strategically expanded its portfolio to encompass cutting-edge 5G technologies, cloud-based communications platforms, and enterprise-grade services. This expansion, combined with a forward-thinking approach, positions Telvantis for accelerated growth and market leadership in the evolving telecommunications landscape. Forward-looking statements This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect Telvantis's current expectations regarding future events and are based on management's beliefs and assumptions. Actual results could differ materially from those projected due to various factors, including market conditions, competition, and the successful integration of acquired operations. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Telvantis undertakes no obligation to update or revise any forward-looking statements, except as required by law. Stay connected: - Twitter/X: @Telvantis - LinkedIn: Telvantis
