Digerati Technologies Reports $605,000 Q2 Revenue, Exceeds $200,000 Monthly Run Rate Following Ricochet Acquisition

Digerati Technologies achieved its first full quarter of combined operations with Ricochet Global, reaching $605,000 in Q2 revenue and accelerating to a $2.4 million annualized run rate, signaling successful integration and growth momentum in data center and telecom services.

April 22, 2026
Digerati Technologies Reports $605,000 Q2 Revenue, Exceeds $200,000 Monthly Run Rate Following Ricochet Acquisition

Digerati Technologies, Inc. (OTC: DTGI) announced financial results for the second quarter of fiscal year 2026, reporting $605,000 in total revenue for the three months ended January 31, 2026. This period represents the first complete quarter following the company's acquisition of Ricochet Global, LLC in late November 2025, marking a significant milestone in the integration of the two operations.

The company's revenue accelerated through the quarter, surpassing $200,000 in January 2026 alone. This monthly performance translates to an annualized run rate of approximately $2.4 million, establishing an important early operational benchmark for the newly combined enterprise. The achievement demonstrates that Digerati's post-acquisition strategy is gaining commercial traction as the company expands its reach across data center, power solutions, and telecom services verticals.

Since completing the Ricochet acquisition, Digerati has moved quickly to expand its commercial relationships. The company has re-engaged with legacy partners and customers of both Ricochet and WaivCloud while simultaneously welcoming new commercial relationships. Ricochet Global operates as 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 Digerati's current revenue base.

Beyond its core operations, Digerati 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. This investment represents a longer-horizon strategic asset that aligns with growing global demand for sustainable digital infrastructure.

In parallel with organic growth initiatives, management is actively evaluating a pipeline of complementary acquisition candidates. The company believes disciplined consolidation within its target verticals can accelerate revenue scale while generating operating efficiencies that would be difficult to achieve through organic growth alone. For more information about the company's operations, visit https://digerati-inc.com, https://waivcloud.com, and https://ricochetglobal.com.

"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."

The company's accelerated revenue performance following the Ricochet acquisition suggests successful integration of complementary service offerings and geographic footprints. As digital infrastructure demand continues to grow globally, particularly in emerging markets and sustainable solutions, Digerati's combined operations position the company to capitalize on these trends while pursuing additional growth through strategic acquisitions.