Raadr Inc (RDAR)

[Bubae]

The Q2 press release with projections is pretty much in line with what they tried to spin in the Q1 press relase that resulted in a $2 million net loss for the quarter. Pinned to this board is post # 44785 which shows where the company filed a false financial statement on the OTC site then referenced it in a press release to show that the company has a substantial increase in earnings over the 2023 numbers that they were boasting about when the opposite was true. The revenue that they were boasting in 2023 of $349 million had and EBITDA of $9 million which essentially means that they were cash flow negative even then. A 2.6% EBITDA means you have a very high cost operation. Go to their 2023 annual linked below to find that though their 2023 revenue was up 130% over that of 2022 the net earning were essentially. Interesting to note that the link to the accessnwswire shareholder letter in my post no longer works. However the link below to Yahoo still does.

New Raadr, Inc. President and Director Issues Shareholder Letter on Recent Acquisition Transaction
Monday, 14 October 2024
https://finance.yahoo.com/news/raadr-inc-president-director-issues-164000184.html

In 2023, on a combined basis, Mexedia US and Mexedia Ireland, which are now owned by Raadr, generated over $349 million in revenues, with an EBITDA exceeding $9 million.

Consolidated Financial Report as at 31 december 2023
April 29, 2024
https://mexedia.com/en/financial-statements-and-reports/

Page 11
The consolidated net result was EUR 4,471 thousand compared to EUR 4,432 thousand in 2022, also up by 1% compared to the previous period.

In 2023, the Group recorded consolidated revenues of EUR 323,871 thousand, compared to EUR 140,896 thousand in 2022, up by +130% compared to the previous period.

Bubae
Monday, August 04, 2025 6:55:28 PM
Post# 47555 of 47612
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176527352

We still have two weeks before we see the real numbers in the Q2 report. The Telvantis CEO overstated the Q1 numbers though he said that the revenue stated was verified. I would have to believe that he new or should have known about the nearly $2 million net loss for the quarter but managed to get the word profit weaved into the press release. Post # 47112 shows the projected earnings for Q1 press release in April and that of July for the Q2 projections. In Q1 they got a full month out of the spin for the projections before we found out what really happened.