Reno, NV – November 3, 2025 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY), a holding company with interests in broadband operations in New Hampshire, reported its financial results for the quarter ended September 30, 2025.
Revenues increased 6.3% to $557,000 in the third quarter of 2025 from $524,000 in the third quarter 2024
Earnings per share were $7.46 per share in the third quarter of 2025 compared to $17.35 in the third quarter 2024
Cash and investments were $19.9 million as of September 30, 2025
Through September 30, 2025, CIBL repurchased 804 of it’s common shares at an average price of $1,693 per share. For the year ended December 31, 2024, CIBL repurchased 852 of it’s common shares at an average price of $1,789 per share.
Gary Sugarman, a director of LICT Corporation and MachTen, Inc., joined the Board of Directors of CIBL on October 10, 2025
Reno, NV – October 10, 2025 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink®:: CIBY) is privileged to announce that Gary L. Sugarman has been elected as a director of CIBL.
Gary L. Sugarman presently serves as a director of LICT Corporation (“LICT”) a publicly traded telecom company. Principal of Richfield Associates FL, Inc., a private equity fund he founded in 1993, that focused on telecom and technology, until December 2023. An advisor for Morrison and Co., an infrastructure fund based in New Zealand from April 2021 through April 2023. Mr. Sugarman joined the Board of Fiberlight Inc, an enterprise fiber company based in Dallas in April 2023. Mr. Sugarman joined the Board of MachTen, Inc (“MACT”) a publicly traded company spun- off from LICT in 2023. In addition, Mr. Sugarman served as a director of Telephone and Data Systems, Inc., a public telecommunications company with both wireless and wireline operations, from September 2009 until his resignation on January 3, 2022. He was on the board of Otelco, a publicly traded company (“OTEL”) that operates telecom operating companies, from 2013 until May 2020; OTEL was acquired and taken private in 2021. He was previously, from December 2007 until August 2010, Executive Chairman/Investor – Veroxity Technology Partners, an enterprise fiber provider in Boston. He also served as Chairman and Chief Executive Officer of a facilities-based telecommunications company he co-founded in 1994, Mid Maine Communications, until its sale in late 2006.
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To the extent this release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, it should be recognized that such information is based upon assumptions, projections and forecasts, including without limitation business conditions and financial markets, and the cautionary statements set forth in documents filed by CIBL on its website, www.ciblinc.com. Thus, such information is subject to uncertainties, risks and inaccuracies, which could be material, and there can be no assurance that such information will prove to be accurate.
CIBL is a holding company with interests in broadband operations. CIBL is listed on OTC Pink® under the symbol CIBY and information can be obtained on our website: www.ciblinc.com.
Reno, NV – August 15, 2025 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY), a holding company with interests in broadband operations in New Hampshire, reported its financial results for the quarter ended June 30, 2025.
Revenues increased 4.1% to $529,000 in the second quarter of 2025 from $508,000 in the second quarter 2024
Earnings per share were $5.60 per share in the second quarter of 2025 compared to a loss per share of $5.22 in the second quarter 2024
Cash and investments, net of zero debt, were $20,452 as of June 30, 2025
Christopher Nossokoff joined CIBL as a mergers and acquisitions advisor to provide and accelerate our interest in non-organic growth
Results from Operations
Three Months Ended June 30, 2025 Revenues increased 4.1% to $529,000 in the second quarter 2025 from $508,000 in the second quarter 2024 due to increased service revenues from broadband, end-user terminals and voice over internet protocol.
EBITDA from operations1 decreased 21.3% to $118,000 in the second quarter 2025 compared to $150,000 in the second quarter 2024 due to less capitalized labor for plant under construction and switch replacements.
Six Months Ended June 30, 2025
Revenues increased 7.9% to $1,053,000 for the six months ended June 30, 2025 from $976,000 for the six months ended June 30, 2024 due to new services, one-time equipment revenues and system upgrades.
EBITDA from operations1 decreased 16.8% to $242,000 for the six months ended June 30, 2025 from $291,000 for the six months ended June 30, 2024 due to the increase in revenues discussed above partially offset by less capitalized labor for plant under construction and switch replacements.
Reno, NV -June 16, 2025 -CIBL, Inc. (“CIBL” or the “Company”; OTC Pink®:: CIBY) is privileged to announce that Christopher Nossokoff will join CIBL as Merger and Acquisitions Advisor. Mr. Nossokoff currently serves as Vice President – Finance of The LGL Group, Inc. and Vice PresidentFinancial Reporting of M-tron Industries, Inc., and was a former Manager — Financial Due Diligence at PricewaterhouseCoopers, LLP. Mr. Nossokoff is also a Certified Public Accountant and a Chartered Financial Analyst. Mr. Nossokoff holds a Bachelor of Science in Accounting from Clemson University, and a Master of Science in Accounting, from the Kelley School of Business at Indiana University.
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To the extent this release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, it should be recognized that such information is based upon assumptions, projections and forecasts, including without limitation business conditions and financial markets, and the cautionary statements set forth in documents filed by CIBL on its website, www.ciblinc.com. Thus, such information is subject to uncertainties, risks and inaccuracies, which could be material, and there can be no assurance that such information will prove to be accurate.
CIBL is a holding company with interests in broadband operations. CIBL is listed on OTC Pink® under the symbol CIBY and information can be obtained on our website: www.ciblinc.com.
Revenue: First-quarter revenues increased 12.2% to $525,000, up from $468,000 in the prior year
Earnings Per Share: First-quarter earnings per share were $5.50 per share, up 216% from ($4.74) per share in the same period last year
Liquid value per share rose to $1,774
Reno, NV – May 5, 2025 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY) reports, financial results for the quarter ended March 31, 2025, of its operations which consist of Bretton Woods Telephone Company and World Surfer, Inc. providers of broadband and communication services in Northern New Hampshire (“New Hampshire Operations”).
First-quarter revenues from our New Hampshire Operations increased 12.2% to $525,000, up from $468,000 in the prior year due to increased service revenues from broadband, end-user terminals and voice over internet protocol. Operational EBITDA declined 12% to $125,000 in the first-quarter, compared to $142,000 in the same period last year due to less capitalized labor for plant under construction and switch replacements in the current year period.
Reno, NV – March 7, 2025 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY) announces unaudited results for the quarter ended December 31, 2024, of its operations which consist of Bretton Woods Telephone Company and World Surfer, Inc. providers of broadband and communication services in Northern New Hampshire (“New Hampshire Operations”).
For the quarter ended December 31, 2024, the New Hampshire operations increased revenues 7.5% to $517,000 from the $481,000 from the previous year period, while EBITDA (earnings before interest, taxes, depreciation and amortization), before corporate expenses, increased 7.9% to $149,000 from the $138,000 for the previous year period.
For the year ended December 31, 2024, the New Hampshire operations increased revenues 3.5% to $1,975,000 from the $1,909,000 for the previous year, while EBITDA, before corporate expenses, was up 16.6% to $590,000 as compared to $506,000 in 2023.
Balance Sheet Highlights – (In Thousands of USD)
Other Highlights
Other Highlights
On September 25, 2024, the Company announced, that it completed its acquisition of 20% of Brick Skirt Holdings, Inc. (“Brick Skirt”), from LICT Corporation (“LICT”). CIBL acquired this interest through the issuance of 750 of its common shares. Brick Skirt, through subsidiaries, provides broadband and communication services to sections in western New York state.
Capital expenditures were $12,000 and $14,000 for the three months ending December 31, 2024, and 2023, respectively. Year to date capital expenditures were $423,000 and $83,000 for the years ending 2024 and 2023, respectively.
During 2024, the Company acquired 852 of its shares at an average price of $1,788 per share. CIBL has 12,266 shares outstanding. Since its spin-off from LICT Corporation in 2007, CIBL has repurchased 14,600 of its shares for $20.5 million, or an average price of $1,407 per share. Subsequent to year end 2024, the Company repurchased 496 shares of its shares for $845,000, or an average price of $1,703 per share.
On December 19, 2024, the Company’s board of directors elected to add Diya Das as a member effective January 1, 2025.
CIBL’s Board of Directors continues to evaluate a broad range of strategic alternatives for the Company in order to create shareholder value.
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To the extent this release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, it should be recognized that such information is based upon assumptions, projections and forecasts, including without limitation business conditions and financial markets, and the cautionary statements set forth in documents filed by CIBL on its website, www.ciblinc.com. Thus, such information is subject to uncertainties, risks and inaccuracies, which could be material, and there can be no assurance that such information will prove to be accurate.
CIBL is a holding company with interests in broadband operations. CIBL is listed on OTC Pink® under the symbol CIBY and information can be obtained on our website: www.ciblinc.com.
Reno, NV –September 25, 2024 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY) announces that it closed on its acquisition of 20% of Brick Skirt Holdings, Inc. (“Brick Skirt”), from LICT Corporation (“LICT”). CIBL acquired this interest through the issuance of 750 of its common shares. Brick Skirt, through subsidiaries, provides broadband and communication services to sections in western New York state.
CIBL’s Board of Directors continues to evaluate a broad range of strategic alternatives for the company to create shareholder value.
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To the extent this release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, it should be recognized that such information is based upon assumptions, projections and forecasts, including without limitation business conditions and financial markets, and the cautionary statements set forth in documents filed by CIBL on its website, www.ciblinc.com. Thus, such information is subject to uncertainties, risks, and inaccuracies, which could be material, and there can be no assurance that such information will prove to be accurate.
CIBL is a holding company with interests in broadband operations. CIBL is listed on OTC Pink® under the symbol CIBY and information can be obtained on our website: www.ciblinc.com.
Kenneth D. Masiello Chief Financial Officer September 25, 2024 (775) 664-3700
Reno, NV – October 23, 2024 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY) announces unaudited results for the quarter ended September 30, 2024, of its operations which consist of Bretton Woods Telephone Company and World Surfer, Inc. providers of broadband and communication services in Northern New Hampshire (“New Hampshire Operations”).
For the three months ended September 30, 2024, the New Hampshire operations increased revenues 10.3% to $524,000 from the $475,000 for the previous year’s third quarter, while EBITDA, before corporate expenses, was up 37.6% to $150,000 as compared to $109,000 in 2023.
Balance Sheet Highlights
Other Highlights
On September 25, 2024, the Company announced, that it closed on its acquisition of 20% of Brick Skirt Holdings, Inc. (“Brick Skirt”), from LICT Corporation (“LICT”). CIBL acquired this interest through the issuance of 750 of its common shares. Brick Skirt, through subsidiaries, provides broadband and communication services to sections in western New York state.
Capital expenditures were $247,000 and $5,000 for the three months ending September 30, 2024, and 2023, respectively. Year to date capital expenditures were $411,000 and $69,000 for the periods ending in 2024 and 2023, respectively.
During 2024, the Company acquired 365 of its shares at an average price of $1,815 per share. Allowing for the shares issued to LICT, CIBL has 12,753 shares outstanding. Since its spin-off from LICT Corporation in 2007, CIBL has repurchased 14,113 of its shares for $19.7 million, or an average price of $1,396 per share.
CIBL’s Board of Directors continues to evaluate a broad range of strategic alternatives for the Company in order to create shareholder value.
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To the extent this release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, it should be recognized that such information is based upon assumptions, projections and forecasts, including without limitation business conditions and financial markets, and the cautionary statements set forth in documents filed by CIBL on its website, www.ciblinc.com. Thus, such information is subject to uncertainties, risks and inaccuracies, which could be material, and there can be no assurance that such information will prove to be accurate.
CIBL is a holding company with interests in broadband operations. CIBL is listed on OTC Pink® under the symbol CIBY and information can be obtained on our website: www.ciblinc.com.
Reno, NV – August 7, 2024 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY) announces unaudited results for the quarter ending June 30, 2024. CIBL’s operations consist of Bretton Woods Telephone Company and World Surfer, Inc. providers of broadband and communication services in Northern New Hampshire (“New Hampshire Operations”).
For the three months ended June 30, 2024, the New Hampshire operations generated revenues of $508,000, representing an increase of $24,000 from the $484,000 for the previous year’s second quarter, while EBITDA from New Hampshire operations, before corporate expenses, was $150,000 in the 2024 period as compared to $123,000 in 2023.
During 2024, the Company acquired 269 of its shares at an average price of $1,816 per share. We now have 12,399 shares outstanding. Since its spin-off from LICT Corporation in 2007, CIBL has repurchased 14,017 of its shares for $19.5 million, or an average price of $1,391 per share.
On March 1, 2024, Bretton Woods Telephone Company’s contract with the Omni Mount Washington Resort LLC was renewed for another five-year term.
On September 27, 2023, the Company announced, subject to regulatory approval, it will acquire 450 shares of Brick Skirt Holdings, Inc. (“Brick Skirt”), representing a 20% interest thereof, from LICT Corporation (“LICT”), for an aggregate purchase price of $1,500,000, 40% of this interest was acquired in the third quarter of 2023, by issuing 300 CIBL shares to LICT, and the remaining 60% interest is expected to be acquired in the second half of 2024. Brick Skirt, through subsidiaries, provides broadband and communication services to sections in western New York state.
Capital expenditures were $89,000 and $26,000 for the three months ending June 30, 2024 and 2023, respectively.
CIBL’s Board of Directors continues to evaluate a broad range of strategic alternatives for the Company in order to create shareholder value.
Reno, NV – May 13, 2024 – CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY) announces unaudited results for the quarter ending March 31, 2024. CIBL’s operations consist of Bretton Woods Telephone Company and World Surfer, Inc. providers of broadband and communication services in Northern New Hampshire (“New Hampshire Operations”).
For the three months ended March 31, 2024, the New Hampshire operations generated revenues of $468,000, essentially the same as the prior year’s first quarter, while EBITDA, from the New Hampshire operations, before corporate expenses, was $142,000 in the 2024 period as compared to $135,000 in 2023.
During 2024, the Company acquired 21 of its shares at an average price of $1,857 per share. We now have 12,647 shares outstanding. Since its spin-off from LICT Corporation in 2007, CIBL has repurchased 13,769 of its shares for $19.1 million, or an average price of $1,387 per share.
On September 27, 2023, the Company announced, subject to regulatory approval, it will acquire 450 shares of Brick Skirt Holdings, Inc. (“Brick Skirt”), representing a 20% interest thereof, from LICT Corporation (“LICT”), for an aggregate purchase price of $1,500,000, 40% of this interest was made in the third quarter of 2023, by issuing 300 CIBL shares to LICT, and the remaining interest is expected to be acquired in balance of 2024. Brick Skirt, through subsidiaries, provides broadband and communication services to sections in western New York state.
CIBL’ s Board of Directors continues to evaluate a broad range of strategic alternatives for the company to create shareholder value.
