Tenet Reports First Quarter 2025 Financial Results

Core Insights - Tenet Fintech Group Inc. reported a revenue of $179,161 and a net loss of $3,372,597 for Q1 2025 [1][5] - The company has made significant strides in partnerships and product offerings during the quarter [5] Q1-2025 Key Financial Figures - Total revenue for Q1 2025 was $179.16 thousand [5] - The net loss for the quarter amounted to $3.37 million [5] - Cash flow from operations was negative at -$1.21 million [5] Q1-2025 Operating Highlights - Tenet signed a strategic partnership agreement with Bankeo, which connects businesses with over 1,500 accounting professionals [5] - Launched a limited version of the ie-Pulse macroeconomic data index with the "Canada Professional, Scientific and Technical Services Sales Index" [5] - Closed a non-brokered private placement financing for gross proceeds of $3,649,167 [5] - Welcomed Uncapped Technologies Inc. to the Cubeler® Business Development Platform, enhancing lending capabilities across North America [5] - Established strategic partnerships with three new accounting and bookkeeping service providers servicing SMEs in major North American cities [5] Future Outlook - Tenet's CEO will address shareholder questions regarding Q1 2025 results and the business plan for the remainder of 2025 in an upcoming Q&A session [3]