Digerati Technologies, Inc. (OTC: DTGI) reported financial results for the second quarter of fiscal year 2026, ending January 31, 2026, highlighting total revenue of $605,000. This figure represents the first full quarter of combined operations following the acquisition of Ricochet Global, LLC in late November 2025. The company noted that revenue accelerated through the period, surpassing $200,000 in January 2026 alone, which translates to an annualized run rate of approximately $2.4 million.
This milestone is significant as it demonstrates early operational success from the integration of Ricochet Global, a licensed international carrier under Section 214 of the Federal Communications Commission. Ricochet provides facilities-based and cloud-based services to telecom operators across Africa, the Middle East, and the Persian Gulf. Combined with Digerati's existing subsidiary, WaivCloud, Inc., which offers colocation and technology infrastructure to U.S. businesses, the company has established a foundation for revenue growth. Additionally, Digerati holds a 25% equity stake in In-Pursuit Investments, a developer of green data centers in Costa Rica and Latin America, targeting 600 megawatts of capacity by 2030, representing a long-term strategic asset.
Management emphasized that the post-acquisition integration is proceeding as planned, with efforts focused on re-engaging legacy partners and customers of both Ricochet and WaivCloud while welcoming new commercial relationships. Chairman and CEO Robert Delvecchio stated that the company's near-term priorities include executing organic growth across both subsidiaries and simultaneously evaluating a pipeline of complementary acquisition candidates. The company believes disciplined consolidation within the data center, power solutions, and telecom services verticals can accelerate revenue scale and generate operating efficiencies.
The implications of this announcement are twofold. First, it validates the strategic rationale behind the Ricochet acquisition, showing tangible revenue synergies and commercial traction. Second, it positions Digerati for potential further growth through both organic expansion and additional acquisitions, as management actively identifies targets to deepen capabilities and expand market reach. The $200,000 monthly run rate serves as a benchmark for the newly combined enterprise, indicating that integration efforts are yielding early results. The company's commitment to transparent communication with shareholders suggests that further updates on acquisition initiatives and operational progress can be expected.
