Seattle, WA – August 12, 2026 - Spectral Capital Corporation(OTCQB: FCCN) (“Spectral” or the “Company”), a digitalinfrastructure company that operates international telecommunications andmessaging businesses, today announced financial results for the second quarter ended June 30, 2026.
“We generated $318.3 million ofrevenue in the second quarter, our second full quarter of reportingconsolidated results across FortyTwo and Telvantis Voice Services, bringing ourfirst-half 2026 revenue to $646.8 million. Our second quarter demonstrates the scalein our model: gross profit grew 50% sequentially and our operating lossnarrowed from $3.0 million in the first quarter to $1.9 million.”, statedJenifer Osterwalder, Spectral Capital’s Chief Executive Officer.
Q2 2026 and RecentHighlights
● Generated $318.3 million of consolidated revenuein the second quarter of 2026, reflecting the second full quarter of operationsacross FortyTwo and Telvantis Voice Services (TVS), bringing first-half 2026revenue to $646.8 million.
● Reported gross profit of $3.3 million in Q2 2026up from $2.2 million in Q1 2026.
● The proposed transaction for Intermatica S.P.A.,an Italy‑based telecommunications and enterprise messaging company, continuest move forward. The transaction remains subject to due diligence, board approval, and execution of definitive agreements.
Key Q2 2026 Financial Highlights
Three Months Ended June 30, 2026
Consolidated Revenue $318.3M
Gross Pro $3.3M
Operating Income (Loss) $(1.9)M
Net Income* $7.3M
Cash and Equivalents $5.3M
*Net income for the quarter includes a $9.9 million non-cash gain from the change in fair value of contingent consideration.
Outlook
Reflecting first-half 2026 results, Spectral expects to exceed its previously provided full year 2026 revenue guidance of approximately $700million by $200 million. The Company continues to expect full year 2026profitability through increased efficiencies and expanded margins through out the year.
A full list of Company SEC filings, including the Quarterly Report on Form 10-Q,can be found on Spectral Capital’s SEC profile.
About Spectral Capital Corporation
Spectral Capital Corporation (OTCQB: FCCN) is a U.S. corporation providing international telecommunications and messaging services through two wholly owned operating subsidiaries: Telvantis Voice Services, Inc. (“TVS”), which provides international wholesale voice termination, and 42 Telecom Ltd. (“FortyTwo”),which provides SMS aggregation, enterprise messaging, OTT messaging, and access to SS7 and messaging platforms. Spectral also develops intellectual property which it is evaluating for application to the operations of its subsidiaries.
Investor Contact
contact@spectralcapital.com
or
Devon Chase, Alliance Advisors IR
spectral@allianceadvisors.com
Forward-Looking Statements
This press releasecontains forward-looking statements (as defined in Section 27A of theSecurities Act of 1933, as amended, and Section 21E of the Securities ExchangeAct of 1934, as amended) concerning future events and FCCN's growth andbusiness strategy. Words such as "expects," "will,""intends," "plans," "believes,""anticipates," "hopes," "estimates," andvariations on such words and similar expressions are intended to identifyforward-looking statements. Although FCCN believes that the expectations reflectedin such forward-looking statements are reasonable, no assurance can be giventhat such expectations will prove to have been correct. These statementsinvolve known and unknown risks and are based upon a number of assumptions andestimates that are inherently subject to significant uncertainties andcontingencies, many of which are beyond the control of FCCN. Actual results maydiffer materially from those expressed or implied by such forward-looking statements.Factors that could cause actual results to differ materially include, but arenot limited to, the ability to achieve projected revenue levels orprofitability targets, including the Company's updated full-year 2026 revenueguidance; changes in FCCN's business; competitive factors in the market(s) inwhich FCCN operates; risks associated with operations outside the UnitedStates; the ability to successfully integrate acquired businesses and realizeanticipated synergies; the ability to complete pending acquisitions onanticipated terms or at all; and other factors listed from time to time inFCCN's filings with the Securities and Exchange Commission. FCCN expresslydisclaims any obligations or undertaking to release publicly any updates orrevisions to any forward-looking statements contained herein to reflect anychange in FCCN's expectations with respect thereto or any change in events,conditions or circumstances on which any statement is based.