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 Figures
Total Revenue of $179.16 thousand
Net Loss of $3.37 million
Cash flow from operations of -$1.21 million
Q1-2025 Operating Highlights
Here are some of Tenet's important achievements during the first quarter of 2025 to help bring the Company closer to its intended objectives:
Signed a strategic partnership agreement with Bankeo, a platform with over 1,500 accounting professional members that connects businesses and entrepreneurs with accounting specialists.
Launched a limited version of ie-Pulse macroeconomic data index offering with the "Canada Professional, Scientific and Technical Services Sales Index".
Closed a non-brokered private placement financing for gross proceeds of $3,649,167.
Welcomed global technology-based lender Uncapped Technologies Inc., who has the ability to lend to and service businesses operating in the U.K., U.S., and Canada, to the Cubeler® Business Development Platform.
Signed strategic partnerships with three new accounting and bookkeeping service providers, collectively servicing SMEs in several major North American cities, including Montreal, Toronto, Vancouver, Calgary, New York, Los Angeles, Miami, Dallas, Chicago, Houston, Las Vegas, Seattle.
Full details of the Company's first quarter 2025 financial results can be found in the Unaudited Condensed Interim Consolidated Financial Statements and Management's Discussion and Analysis (MD&A) for the three-month periods ended March 31, 2025 and 2024, which are available under the Company's profile at www.sedarplus.com.
Q1-2025 Results Q&A and Outlook for Rest of 2025
Tenet CEO Johnson Joseph will answer questions from shareholders related to the Company's Q1-2025 financial results in a Q&A interview and will also share his perspective on the Company's business plan for the rest of 2025. Shareholders are invited to read the Company's MD&A prior to sending their questions related to these subjects to the Company by 9:00pm EDT on October 8, 2025 to investors@tenetfintech.com or cathy@chfir.com. The interview will be posted on the Company's website by 5:00pm EDT on October 10, 2025.
About Tenet Fintech Group Inc.:
Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler® Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: https://www.tenetfintech.com/.
For more information, please contact:
Tenet Fintech Group Inc.
Mayco Quiroz, Chief Operating Officer
514-340-7775 ext.: 510
investors@tenetfintech.com
CHF Capital Markets
Cathy Hume, CEO
416-868-1079 ext.: 251
cathy@chfir.com
Follow Tenet Fintech Group Inc. on social media:
X: @Tenet_Fintech
Facebook: @Tenet
LinkedIn: Tenet
YouTube: Tenet Fintech
Forward-looking information
Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company's business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at www.sedarplus.ca, for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.
Forward-looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269270
SOURCE: Tenet Fintech Group Inc.
