TELESCOPE INNOVATIONS CORP. (TELIF: OTCQB) | Telescope Innovations Presents Results of First Fiscal Quarter 2025
Telescope Innovations Corp. (CSE: TELI) (OTCQB: TELIF) reported its Q1 2025 financial results:
- Revenue: $1.2 million, down from $1.5 million in Q1 2024
- Expenses: $1.55 million, up from $1.29 million in Q1 2024
- Adjusted EBITA: $103,177 loss, compared to $505,171 earnings in Q1 2024
Key operational highlights:
- Successful delivery of DirectInject-LC™ orders through Mettler Toledo distribution
- Expanded market presence with product demonstrations in multiple countries
- Advanced research on Self-Driving Laboratories (SDLs) with Pfizer
- Achieved Certified Systems Integrator status for Universal Robots systems
- Demonstrated production of high-purity lithium carbonate using ReCRFT™ technology
- Published peer-reviewed research on AI-driven optimization for lithium processing
CEO Henry Dubina expressed confidence in achieving the company’s 2025 targets through product sales, collaborations, and technology advancements.
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