TPT Global Tech Inc (PK:TPTW)
Business Focus: N/A
| Sector: Technology | Industry: N/A |
| Company Contact | |
| Address: | 501 W Broadway Ste 800 SAN DIEGO CA 92101 |
| Tel: | N/A |
| Website: | tptglobaltech.com |
| IR: | See website |
| Key People | ||
| Stephen J. Thomas Chairman of the Board, President, Chief Executive Officer | Gary Cook Chief Financial Officer | Richard Eberhardt Chief Operating Officer, Director |
| Business Overview |
| TPT Global Tech, Inc. operates as a technology-based company with divisions providing telecommunications, medical technology and product distribution, media content for domestic and international syndication as well as technology solutions. The Company operates as a media content hub for domestic and international syndication, technology/telecommunications company using its own Global Digital Media TV and telecommunications infrastructure platform. The Company also provides technology solutions to businesses domestically and worldwide. It offers software as a service (SaaS), technology platform as a service (PAAS), cloud-based unified communication as a service (UCaaS) and carrier-grade performance. It supports businesses over its private Internet protocol multi-protocol label switching IP-MPLS, fiber, and wireless networks in the United States. Its cloud-based UCaaS services allow businesses of any size to enjoy voice, data, media and collaboration features in technology markets. |
| Financial Overview |
| For the nine months ended 30 September 2023, TPT Global Tech Inc revenues decreased 51% to $3M. Net loss applicable to common stockholders excluding extraordinary items decreased 94% to $3.3M. Revenues reflect TPT SpeedConnect segment decrease of 61% to $1.7M, Blue Collar segment decrease of 90% to $133K. Lower net loss reflects Interest expense decrease of 72% to $1.3M (expense). |
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