Tenet Fintech Reports Challenging Q1 2024 Results

Tenet Fintech Group Inc. (TSE:PKK) has released an update.

Tenet Fintech Group Inc., a provider of innovative analytics services and operator of the Cubeler® Business Hub, has disclosed its Q1 2024 financial figures, reporting revenues of $765,635 alongside a substantial net loss of $5.41 million and an adjusted EBITDA of negative $3.10 million. Despite generating some revenue, the company is facing financial challenges, as evidenced by the reported losses and negative cash flows.

For further insights into TSE:PKK stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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