Tenet Reports First Quarter 2025 Financial Results

Executive Summary

• Tenet Fintech Group Inc. reported Q1‑2025 revenue of C$179,161 and a net loss of C$3.37 million.
• The company closed a non‑brokered private placement financing generating gross proceeds of C$3.65 million.
• Strategic partnership agreements were signed with Bankeo and three additional accounting/bookkeeping service providers to expand the Cubeler® Business Development Platform across North America.

Key Details

• Financial Results (Q1‑2025):
• Total revenue: C$179,161 (≈ C$0.18 M).
• Net loss: C$3,372,597.

• Cash flow from operations: –C$1,210,000.

• Financing:

• Closed a non‑brokered private placement for gross proceeds of C$3,649,167.

• Strategic Partnerships:

• Signed partnership with Bankeo, a platform serving >1,500 accounting professionals.
• Launched limited version of the ie‑Pulse macroeconomic data index (“Canada Professional, Scientific and Technical Services Sales Index”).
• Added global lender Uncapped Technologies Inc. to the Cubeler® Business Development Platform for U.K., U.S., and Canada lending services.

• Executed agreements with three new accounting/bookkeeping service providers covering major cities: Montreal, Toronto, Vancouver, Calgary, New York, Los Angeles, Miami, Dallas, Chicago, Houston, Las Vegas, Seattle.

• Investor Relations:

• CEO Johnson Joseph will hold a Q&A session on the Q1 results; questions due by 2025‑10‑08 21:00 EDT, with the interview to be posted by 2025‑10‑10 17:00 EDT.

Notable Quotes

• (No direct quotes were provided in the release.)