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Tenet Reports Third Quarter 2025 Financial Results
Newsfile· 2025-11-29 00:45
Core Insights - Tenet Fintech Group Inc. reported a revenue of $237,350 and a net loss of $3,585,179 for Q3 2025, indicating ongoing financial challenges [1][6]. Financial Performance - Total revenue for Q3 2025 was $237.35 thousand, with a net loss of $3.59 million and cash flow from operations at -$5.77 million [6]. - The financial results reflect a need for improved operational efficiency and revenue generation strategies [1][6]. Operational Highlights - Major enhancements were made to the Networking and Insights modules of the Cubeler® Business Development Platform, including new features for business opportunity postings and daily customizable news articles [6]. - The Cubeler.com website was redesigned to better showcase the platform's capabilities, emphasizing networking and insights functionalities [6]. - An AI-powered data standardization application was introduced to unify data across various accounting software systems, enhancing support for small and medium enterprises (SMEs) in North America [6]. Corporate Developments - A new custodian agreement was established with Jiangsu Shenque Law Firm for the management of corporate chops in China, replacing a previous arrangement with MHP Law Firm [3]. - This agreement is crucial for the officialization of purchase orders, contracts, and other documents for the subsidiary and its affiliated entities [3]. Future Outlook - The CEO will address shareholder questions regarding Q3 2025 results and the business plan for the remainder of 2025 in an upcoming Q&A session [4].
Tenet Reports Second Quarter 2025 Financial Results
Newsfile· 2025-10-06 15:31
Core Insights - Tenet Fintech Group Inc. reported a revenue of $433,570 and a net loss of $1,842,869 for Q2 2025, indicating ongoing financial challenges [1][6]. Financial Performance - Total revenue for Q2 2025 was $433.57 thousand, with a net loss of $1.84 million [6]. - Cash flow from operations was negative at -$828.93 thousand [6]. Operational Highlights - The company created a wholly owned subsidiary, Cubeler Inc., in Delaware to operate the Cubeler® Business Development Platform in the U.S. [6]. - Tenet entered into a referral agreement with NewCo Capital Group to enhance financing options for members of the Cubeler® platform [6]. - Improvements were made to the Cubeler® platform, including a redesign of the Networking module and the addition of a new bookkeeper admin panel [6]. Future Outlook - Tenet's CEO will address shareholder questions regarding Q2 2025 results and the business plan for the remainder of 2025 in an upcoming Q&A session [3].