Welcome to our dedicated page for Affluence news (Ticker: AFFU), a resource for investors and traders seeking the latest updates and insights on Affluence stock.
Affluence Corporation (AFFU) drives innovation in smart city infrastructure and industrial IoT solutions through advanced software platforms integrating AI, edge computing, and real-time analytics. This news hub provides stakeholders with essential updates on technological developments and strategic initiatives shaping urban connectivity and industrial automation.
Access timely updates on AFFU's software enhancements, strategic partnerships, and market expansions. Our curated collection includes press releases covering product launches, acquisition announcements, and operational milestones across smart city deployments and IoT integration projects.
Key focus areas include updates on OneMind Technologies platform developments, connectivity solution partnerships, and progress in digital twin implementations. Users will find verified information on technology deployments in municipal systems and industrial applications, maintained for accuracy and relevance.
Bookmark this page for streamlined access to Affluence Corporation's official communications. Check regularly for updates on IoT integration breakthroughs, smart city project milestones, and strategic moves in the evolving landscape of connected urban ecosystems.
Affluence Corporation (OTCID:AFFU) signed a Letter of Intent to acquire Universal Call Limited, a UK-based telecommunications services and enterprise connectivity provider.
Management expects the combined organization to reach approximately $43 million in annual revenue and over $1 million in operating income by the end of fiscal year 2025 (ending March 31). The acquisition aims to add UCL's enterprise client base and sales channels to accelerate cross-selling of Affluence's IoT, AI, and intelligent edge solutions in telco and government verticals. The transaction is subject to definitive agreements, standard closing conditions, and customary regulatory and shareholder approvals, and is described as a step toward listing on a national exchange.
Affluence (OTCID:AFFU) announced that portfolio company MTi Group (via subsidiary Diprotech) won a new industrial digitalization contract from Navantia dated October 6, 2025.
The project, already signed and in execution, deploys MTi's IoT sensor technology to capture real-time data on crane systems in Navantia's Engine Workshop to support factory modernization and digital transformation initiatives including IoT and digital twin work.
Diprotech is delivering the project through MTi's integrated engineering and execution teams. Since 2023 MTi Group has been awarded 9 contracts under the Navantia framework, reflecting ongoing collaboration.
Affluence Corporation (OTCID:AFFU) has released a strategic white paper titled "From Centralized to Local - Infrastructure for the Next Generation of Intelligence," outlining the company's vision for decentralized infrastructure technologies. The publication explores the transition from centralized to localized intelligent systems supporting AI, 5G, IoT, and Smart City deployments.
Following its successful Q2 results and integration of Mingothings (MTi), the white paper signals AFFU's evolution into a roll-up platform focusing on next-generation infrastructure. Key focus areas include local energy systems, edge-native AI, intelligent IoT networks, and software-defined infrastructure for real-time decision-making. The company is actively expanding its U.S. presence while seeking acquisition opportunities in Smart City and Industrial Tech sectors.
Affluence Corporation (OTCID:AFFU) announced that its subsidiary Mingothings International (MTi) has formed a strategic partnership with Aerodyne Group, a global leader in drone-based enterprise solutions and AI-powered data analytics.
The partnership will combine MTi's IoT technologies, including thethings.io IoT platform, Metering Box, and Digital Twin solutions, with Aerodyne's drone capabilities to deliver next-generation infrastructure solutions, particularly in Southeast Asia. Key applications include drone-based telecommunication tower inspections, asset management, and bushfire detection, integrated with Smart City and Digital Twin platforms.
Affluence Corporation (OTCID:AFFU), a diversified global technology company, released a shareholder letter detailing significant financial improvements following its May 2025 acquisition of Mingothings (MTi). The company reported net income of $2.1M for H1 2025, with operating subsidiaries achieving net operating income of $563,000 before corporate overhead.
Key financial metrics showed substantial growth, including 357.7% increase in revenue per share and a 111% improvement in net income per share. The company has eliminated over $4.5M in debt and derivative liabilities, despite an increase in shares outstanding to 4.51B. AFFU projects FY2025 revenues exceeding $6-7M and is pursuing strategic acquisitions with plans for potential NASDAQ uplisting.
Affluence Corporation (OTCID:AFFU), a Smart City and Industrial IoT solutions provider, has announced a renewed focus on its acquisition strategy under new President Oscar Brito. The company expects acquisitions to drive 70% of overall growth, targeting IoT, AI, and digital infrastructure companies.
The company is actively pursuing multiple small to mid-sized acquisition targets, though no definitive agreements have been reached. Additionally, AFFU is working on restructuring its convertible debt and positioning for a potential uplisting to a national exchange.
Affluence Corporation (OTCID:AFFU) has announced the successful completion of the Medini Smart City Management Platform (MSCMP) in Iskandar, Malaysia. The project was delivered through a partnership between BCN Smart Technologies and AFFU's subsidiary Mingothings International (MTi).
The platform, powered by MTi's thethings.iO IoT technology, serves as the central dashboard for Iskandar Investment Berhad (IIB) and integrates IoT solutions for environmental monitoring. The first phase is now operational, featuring real-time air quality monitoring, with plans for expansion into other city management verticals. The system is showcased at IIB's Smart City Experience Centre in Medini, serving as a model for Malaysia's ambition to create its first net carbon zero city.
Affluence Corporation (OTCID:AFFU), a global technology company focused on Smart City solutions, has announced significant strategic changes under new President Oscar Brito. The company reported €6.4 million in signed contracts across Europe, Asia, and Central Africa in H1 2025, with €2.95 million already billed.
Key initiatives include expanding U.S. operations, restructuring legacy debt, pursuing strategic acquisitions, and engaging a PCAOB registered audit firm for 2024-2025 financial statements. The company aims to transform into a roll-up platform for next-generation infrastructure technology while focusing on Smart Cities, AI, IoT, and 5G solutions.
Affluence Corporation (OTCID:AFFU), a global technology holding company specializing in smart infrastructure and edge computing solutions, has reported significant commercial progress in H1 2025. The company secured over €6.4 million in signed contracts, with €2.95 million already billed through its subsidiaries MTi and OneMind Technologies.
The contracts span across Smart Cities, Industrial IoT, and Security Infrastructure verticals. The company is now focusing on expanding its presence in the United States market, with multiple U.S.-based projects already in development.
Affluence Corporation (OTC Pink:AFFU) announced that its subsidiary Mingothings International (MTi) has secured new contracts worth over €3 million in June 2025. The contracts span across Europe, Asia, and Central Africa, involving projects with European defense integrators, global sports organizations, and Asian government security agencies.
The projects focus on key verticals including Smart Cities, Security, and Digital Transformation. The company is awaiting formal client approvals to publicly disclose specific customer names in future announcements. These wins align with Affluence Corporation's 2025 strategic priorities and demonstrate its geographical expansion capabilities.
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