Tenet Reports Second Quarter 2025 Financial Results

Executive Summary

• Tenet Fintech Group Inc. reported Q2‑2025 revenue of $433.6 k and a net loss of $1.84 M (CAD).
• The company created a wholly‑owned U.S. subsidiary, Cubeler Inc., to operate the Cubeler® Business Development Platform in the United States.
• Entered a referral agreement with NewCo Capital Group to expand financing options for platform members and rolled out major product enhancements.

Key Details

• Financial Highlights (Q2‑2025):
• Total revenue: $433,570 (CAD)
• Net loss: $1,842,869 (CAD)

• Cash flow from operations: ‑$828,930 (CAD)

• Corporate Actions:

• Formed Cubeler Inc., a Delaware corporation wholly owned by Tenet, to own and operate the Cubeler® Business Development Platform in the U.S.

• Executed a referral agreement with NewCo Capital Group (U.S. alternative commercial financing provider) to broaden financing options for platform members.

• Product Enhancements:

• Complete redesign of the Networking module on the Cubeler® platform for faster member engagement.

• Added a new bookkeeper admin panel, enabling accountants/bookkeepers to link hundreds of client accounting systems within minutes, eliminating manual data entry.

• Investor Relations:

• CEO Johnson Joseph will hold a Q&A session with shareholders regarding Q2‑2025 results and the 2025 business plan; submissions due by 9:00 pm EDT on October 8, 2025.

• The interview recording will be posted on Tenet’s website by 5:00 pm EDT on October 10, 2025.

• Reference Documents:

• Full unaudited condensed interim consolidated financial statements and MD&A for the three‑month and six‑month periods ended June 30, 2025 and June 30, 2024 are available on SEDAR+.

Notable Quotes

(No direct quotes were provided in the release.)