Toronto, Ontario--(Newsfile Corp. - October 6, 2025) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), today announced its financial results and operating highlights for the three-month and six-month periods ended June 30, 2025, and June 30, 2024. Tenet reported revenue of $433,570 and a net loss of $1,842,869 for the quarter. All amounts in this news release are in Canadian dollars unless otherwise indicated.Q2-2025 Key Financial FiguresTotal Revenue of $433.57 thousandNe ...

Toronto, Ontario--(Newsfile Corp. - October 6, 2025) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), today announced its financial results and operating highlights for the three-month period ended March 31, 2025. Tenet reported revenue of $179,161 and a net loss of $3,372,597 for the quarter. All amounts in this news release are in Canadian dollars unless otherwise indicated.Q1-2025 Key Financial FiguresTotal Revenue of $179.16 thousandNet Loss of $3.37 millionCash flow ...

Core Insights - Tenet Fintech Group Inc. reported a revenue of $2.84 million for the year ended December 31, 2024, a significant decrease from $42.08 million in 2023, alongside a net loss of $59.26 million, which included an expected credit loss provision of $32.39 million [1][5] - The company experienced negative cash flow from operations amounting to $6.92 million in 2024, compared to negative $3.91 million in 2023 [1][5] - Tenet is in a transition period that began in 2023, with expectations to demonstrate long-term benefits by the end of 2025 through the commercialization of its first data-derived product and reactivation of platforms in China [2] Financial Performance - Total revenue for 2024 was reported at $2.84 million, a decline from $42.08 million in 2023 [1][5] - The net loss for the year was $59.26 million, with $32.39 million attributed to expected credit loss provisions [1][5] - Cash flow from operations was negative at $6.92 million, worsening from negative $3.91 million in the previous year [1][5] Operational Highlights - The company achieved several operational milestones in Q4 2024, including enhancements to the Cubeler® Business Development Platform and strategic partnerships aimed at improving data acquisition and service offerings [6] - Tenet launched its Cubeler® Business Development Platform in the U.S. and initiated the commercialization of its first data-derived products in North America [6] - The company aims to return to an annual revenue run-rate of over $100 million by reactivating platforms in China and leveraging contributions from North American data-derived products [6] Future Outlook - Tenet's operational objectives for 2025 include further development of its platforms and products, with a focus on cross-border communications and business opportunities [3][6] - The CEO will address shareholder questions regarding the 2024 financial results and the business plan for the remainder of 2025 in an upcoming Q&A session [4]

Group 1 - Tenet Fintech Group Inc. has updated its investor presentation at the request of OSC staff, removing forward-looking information regarding forecasted revenue, EBITDA, and market penetration rates for its ie-Pulse and Equity Insider products [1] - As of the date of the news release, neither ie-Pulse nor Equity Insider has generated any revenue for the company [1] - The revised investor presentation is available for download on the company's website [1] Group 2 - Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology and artificial intelligence companies [2] - The subsidiaries of Tenet offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies, and financial institutions [2] - The Cubeler® Business Hub serves as a global ecosystem where analytics and AI facilitate B2B transactions among its members [2]

Core Insights - Tenet Fintech Group Inc. has partnered with NewCo Capital Group to enhance financing options for members of the Cubeler® Business Hub [1][2] - NewCo Capital Group is part of a multinational collaboration that has deployed over $2 billion to more than 45,000 businesses globally [2][9] - The partnership aims to provide fast and flexible working capital solutions to small and medium-sized businesses in Canada [3][4] Company Overview - Tenet Fintech Group Inc. operates the Cubeler® Business Hub, which leverages analytics and AI to facilitate B2B transactions [8] - NewCo Capital Group specializes in alternative commercial financing, offering tailored funding solutions with a focus on technology [2][9] Partnership Details - The referral agreement allows NewCo to integrate its financing products into the Cubeler Business Hub, streamlining access for qualified business clients [1][2] - NewCo's offerings include a "Line of Capital" product, providing up to CAD 2,000,000 in funding, and loans exceeding CAD 500,000 [2][4] - The partnership emphasizes a hands-on approach to understanding and addressing the unique challenges faced by Canadian businesses [3][4] Market Impact - The collaboration is expected to enhance the ability to deliver capital to Canadian entrepreneurs, thereby supporting economic growth [3][4] - NewCo's capacity to provide capital to businesses in Asia could add significant value for members of the Business Hub once cross-border functionalities are enabled [7]