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SEATTLE - Spectral Capital Corporation (OTCQB:FCCN) announced Thursday that its pending acquisition target Telvantis Voice Services and recently acquired subsidiary 42 Telecom have projected combined 2025 revenue of approximately $274 million. The announcement comes as the company, currently valued at $165.75 million in market capitalization, prepares to release its quarterly earnings report on November 7, according to InvestingPro data.
According to the company’s press release statement, Telvantis is projecting unaudited revenues of approximately $250 million for full-year 2025. Spectral expects to close this acquisition around December 19, 2025, subject to customary closing conditions. Despite these ambitious revenue projections, InvestingPro analysis indicates the stock appears overvalued compared to its Fair Value, with shares currently trading at $2.15 after declining 65.27% year-to-date.
42 Telecom Ltd., which Spectral acquired on August 1, 2025, has provided management guidance indicating expected 2025 revenue of approximately $24 million. Under U.S. GAAP accounting standards, only revenues generated after the August acquisition date will be included in Spectral’s 2025 consolidated financial statements. The company currently operates with minimal debt, showing a total debt of just $0.17 in the last reported quarter.
"These preliminary figures demonstrate the accelerating commercial traction across Spectral’s expanding communications and AI portfolio," said Jenifer Osterwalder, Chief Executive Officer of Spectral Capital Corporation.
The company noted that these results are preliminary, unaudited, and subject to change pending completion of Telvantis’s PCAOB audit and Spectral’s purchase-accounting procedures. Spectral plans to provide pro forma combined financial information in upcoming SEC filings. The company currently reports a negative earnings per share of -$0.05 and maintains a Financial Health score rated as "FAIR" by InvestingPro, which offers additional insights through its comprehensive financial health assessment tools.
Spectral Capital describes itself as an innovation-driven company focused on building, acquiring, and scaling products in the artificial intelligence sector. The company is currently listed on the OTCQB market and has mentioned plans for a NASDAQ uplisting.
In other recent news, Spectral Capital Corporation has announced significant acquisition plans. The company has executed a binding term sheet to acquire Snack Prompt Corp., a marketplace for AI workflow automations. This acquisition involves Spectral acquiring 100% of Snack Prompt’s equity for 10 million shares of its common stock, with an initial 1.5 million shares and up to 8.5 million earn-out shares. Additionally, Spectral has committed up to $5 million in growth capital, contingent upon certain milestones and audit conditions being met.
In another development, Spectral Capital has also entered into a binding term sheet to acquire Telvantis Voice Services, a provider of global voice solutions based in Florida. This all-stock transaction includes a potential earn-out structure based on performance metrics. Spectral will issue 10 million shares if Telvantis achieves $10 million in operating profits in 2026 or generates $665 million in profitable gross revenue at current margins. The minimum consideration for Telvantis is 1.5 million shares if the company reaches $240 million in profitable revenue next year. These acquisitions reflect Spectral Capital’s strategic moves to expand its market presence.
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