Tenet Fintech Group Inc.

PNK:PKKFF

$0.074 USD

$0.0 (-2.25%)

Volume
19.85K
Average Volume
116.28K
Market Capitalization
$12.45M
P/E Ratio
-0.18
Dividend Yield
0.00%
Price Target
$
Year High
$0.15
Year Low
$0.03
Payout Ratio
$0.00
Current Ratio
$1.93

Industry, Sector & symbol

Stock Exchange Other OTC
CEO Mr. Johnson Joseph B.B.A., BBA, M.B.A., MBA
Industry Software - Infrastructure
Sector Technology
Current Symbol PKKFF
CUSIP 88035N103
CIK 0001558924
Web https://tenetfintech.com
Phone 514-340-7775
Currency USD
Employees 148
Country CA

Liquidity

Debt-to-Equity Ratio 0.47
Payout Ratio 0.00
Current Ratio 1.93
Quick Ratio 1.93
Cash Ratio 0.02

Sales & Book Value

Annual Sales $42.09M
Price / Sales 0.88
Cash Flow -0.07
Price / Cash Flow -1.51
Price / Book 0.67

Price Target and Rating

Average Stock Price Forecast $
High Stock Price Forecast $
Low Stock Price Forecast $
Forecast Upside/Downside %
Consensus Rating Sell
Rating Score(0-5) 2
Research Coverage 0 Analysts

Profitability

EPS (Most Recent Fiscal Year) $-0.7
Trailing P/E Ratio -0.18
PEG Ratio 0.06
P/E Growth 0.06
Net Income $-76.83M
Net Margin -463.25%
Pretax Margin -482.48%
Return on Equity -228.31%
Return on Assets -113.24%

Financials Score

AltmanZ Score -5.72
Piotroski Score 1.00
Working Capital 23.85M
Total Assets 70.76M
Ebit -44.19M
Market Cap 12.45M
Total Liabilities 36.73M

Poll Results

About Tenet Fintech Group Inc. (PNK:PKKFF) Stock

Tenet Fintech Group Inc., through its subsidiaries, operates in the commercial lending industry in China. It operates in two segments, Fintech Platform and Financial Services. The Fintech Platform segment provides procurement and distribution of products within supply chains or facilitating transactions in the commercial lending industry through technology platforms. The Financial Services segment offers commercial loans to entrepreneurs, and small and medium-sized businesses, as well as turn-key credit outsourcing services to banks and other lending institutions. The company was formerly known as Peak Fintech Group Inc. and changed its name to Tenet Fintech Group Inc. in November 2021. Tenet Fintech Group Inc. was incorporated in 2008 and is headquartered in Toronto, Canada. ...

Tenet Reports Third Quarter 2024 Financial Results

2024-11-29 22:00:00

Toronto, Ontario--(Newsfile Corp. - November 29, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider and operator of the Cubeler® Business Hub, today announced its financial results and operating highlights for the three-month and nine-month periods ended September 30, 2024, and September 30, 2023. Tenet reported revenue of $205,582, total expenses of $24,897,807, which included an expected credit loss provision of $18,715,423 recorded by the Company due to the de facto pause in activity on its platforms in China as the transition of its revenue model in that market continues, and a net loss of $24,692,225 for the quarter.

Tenet and Dext Announce Strategic Partnership to Bring Bookkeeping Automation to Cubeler Business Hub

2024-11-22 07:30:00

Toronto, Ontario and London, United Kingdom--(Newsfile Corp. - November 22, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, and Dext Software Ltd. ("Dext"), the global leader in bookkeeping automation software, are pleased to announce that they have entered into an agreement to bring Dext's software platform to members and bookkeeping partners of the Business Hub (https://www.cubeler.com/).

Tenet Releases Full Versions of Networking and Advertising Modules of Business Hub Following Beta Launch

2024-11-19 07:30:00

Toronto, Ontario--(Newsfile Corp. - November 19, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, is pleased to announce that it has deployed a new version of the Business Hub that includes full versions of the Networking and Advertising modules of the platform following the beta launch of the new modules on October 9, 2024. Tenet not only made modifications and additions to the Networking and Advertising modules based on feedback and comments garnered during the beta phase, but also reinforced certain security aspects and made several enhancements to the platform's Financing module.

Tenet to Speak as Subject Matter Expert at 12th Edition of "Strategies PME" Event in Montreal

2024-11-18 07:30:00

Toronto, Ontario--(Newsfile Corp. - November 18, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, is pleased to announce that the Company's Vice-president of Marketing, Luc Godard, will be giving a presentation on growth strategies for SMEs as a subject matter expert at the 2024 edition of the Strategies PME event on November 20th, 2024. The Strategies PME event (https://www.strategiespme.com/en/) was specifically created over a decade ago to help Quebec based SME owners and entrepreneurs not only succeed, but thrive by bringing them together with experts in various fields.

Tenet Closes First Tranche of Non-Brokered Follow Up Private Placement Financing for Gross Proceeds of $865,000

2024-11-15 17:05:00

Toronto, Ontario--(Newsfile Corp. - November 15, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has closed a non-brokered private placement financing by selling 8,650,000 units to "accredited investors" within the meaning of NI 45-106 - Prospectus Exemptions and under the applicable securities laws, with each unit priced at $0.10 for gross proceeds of $865,000 (the "Financing"). The Financing is a follow up to the private placement closed by the Company on September 4, 2024, and forms part of a series of capital raises by Tenet to fund the commercialization of its upcoming ie-Pulse product, to help meet certain anticipated strategic partnership obligations and for general working capital purposes.

Frequently Asked Questions

What is the current Tenet Fintech Group Inc. (PKKFF) stock price?

Tenet Fintech Group Inc.(PNK:PKKFF) stock price is $0.074 in the last trading session. During the trading session, PKKFF stock reached the peak price of $0.15 while $0.031 was the lowest point it dropped to. The percentage change in PKKFF stock occurred in the recent session was --2.25% while the dollar amount for the price change in PKKFF stock was -$-0.0.

PKKFF's industry and sector of operation?

The PNK listed PKKFF is part of Software - Infrastructure industry that operates in the broader Technology sector.

Who are the executives of PKKFF?

Mr. Mayco Quiroz CMA, CPA | Chief Operating Officer
Mr. Jean Landreville C.A., CPA | Chief Financial Officer
Mr. Luc Godard | Vice President of Marketing & Communications
Mr. Johnson Joseph B.B.A., BBA, M.B.A., MBA | Chief Executive Officer, President & Director
Mr. Liang Qiu M.Sc. | Chief Executive Officer of Tenet China & Director

How many employees does PKKFF have?

Number of PKKFF employees currently stands at 148. PKKFF operates from 119 Spadina Avenue, Toronto, ON M5V 2L1, CA.

Link for PKKFF official website?

Official Website of PKKFF is: https://tenetfintech.com

How do I contact PKKFF?

PKKFF could be contacted at phone #514-340-7775 and can also be accessed through its website. PKKFF operates from 119 Spadina Avenue, Toronto, ON M5V 2L1, CA.

How many shares of PKKFF are traded daily?

The average number of PKKFF shares traded daily for last 3 months was 116.28K.

What is the market cap of PKKFF currently?

The market value of PKKFF currently stands at $12.45M with its latest stock price at $0.074