Affluence Stock Price, News & Analysis

OneMind Technologies, a subsidiary of Affluence Corporation (OTC PINK:AFFU), has formed a strategic partnership with Dell Technologies (NYSE:DELL). This collaboration will see Dell integrate OneMind's Hypervisor into its Digital City Software product. The partnership aims to leverage Dell's extensive sales force to expand OneMind's global market reach, following previous successful projects. Both companies have participated in major Digital City events, showcasing their joint capabilities in the smart city sector.

Affluence Corporation (OTC PINK:AFFU) reported third-quarter earnings for 2022, achieving its fourth consecutive quarter of positive net income. Key highlights include a 504% year-over-year revenue growth, reaching $453,005, and a net income of $132,670. The gross margin improved by 20 points quarter over quarter. The company also secured $3.3 million in growth capital to enhance its development and sales efforts. Partnerships with major technology firms aim to expand sales reach across multiple regions, including North America and Asia.

Affluence Corporation (OTC PINK: AFFU) announced its participation at the Smart City Expo World Congress 2022 in Barcelona from November 15-17. OneMind Technology, a subsidiary of Affluence, will showcase its Hypervisor product and is invited as a technology partner by Dell Technologies. Key executives will deliver notable presentations on optimizing smart city operations and innovations in smart city software. The expo aims to gather over 24,000 attendees and focuses on various sectors including safety, security, and energy efficiency.

Affluence Corporation (AFFU.PK) announced that its subsidiary, OneMind Technologies, received recognition from Maia Research as a top player in the Flight and Situational Awareness Market. The market is projected to grow from $900 million in 2021 to $1.8 billion by 2028. OneMind's Hypervisor software stands out for its ability to integrate data in any format, unlike competitors bound to proprietary systems. This versatility positions OneMind favorably amidst partnerships and competition with industry giants such as Collins Aerospace and L3 Harris.

Affluence Corporation (OTC PINK: AFFU) announced a significant enhancement to its OneMind Technology's Hypervisor product to meet rising market demand. The upgrade aims to improve real-time analytics and multi-domain intelligence for public safety applications in smart cities. This relates particularly to emergency services coordination, optimizing response times and operational efficiency. A live demonstration of these capabilities will be showcased at the upcoming GITEX GLOBAL event in Dubai from October 10-14, 2022, emphasizing the transformative potential of their advanced technology solutions.

Affluence Corporation (OTC PINK: AFFU) announced that its subsidiary, OneMind Technology, had a successful debut at the Intersec Saudi Arabia Conference. The collaboration with Dell Technologies led to numerous sales opportunities and partnership discussions. New Head of Sales, Jorge Luengo Azcona, joined the team, bringing over 20 years of experience in disruptive technologies. OneMind's Hypervisor, an innovative IoT solution, is key to smart city operations and partnerships with Fortune 50 companies.

Affluence Corporation (OTC PINK:AFFU) announced a significant step towards growth by selecting Accell Audit and Compliance, PA as its audit and compliance partner. CEO James E. Honan, Jr. stated that this move aims to enhance transparency for shareholders as Affluence becomes a fully reporting company. The audit firm is experienced in working with emerging growth companies, which aligns with Affluence's goal of providing a comprehensive view of its operations. The company specializes in smart city software and IoT technology, seeking to leverage these advancements for future growth.

Affluence Corporation (OTC PINK:AFFU) announced that its subsidiary, OneMind Technology, will showcase its Hypervisor product at the Intersec Saudi Arabia Conference from September 13 to 15. Invited by Dell Technologies (NYSE: DELL), OneMind aims to demonstrate how its IoT solutions enhance safety and security in digital cities. The conference will host key government and industry leaders, focusing on emergency services and smart city innovations. Affluence is committed to advancing smart city technology through IoT and AI solutions.

Affluence Corporation (OTC PINK:AFFU) has reported record revenue for the third consecutive quarter in its Q2 2022 earnings, posting a remarkable 511% increase year-over-year and a 12% growth from Q1 2022, totaling $617,076. The company has achieved positive net income in each of the last three quarters. Management credits growth to successful partnerships and a robust Smart City Software market, projected to reach $6 trillion by 2030. Additionally, Affluence is advancing a significant Smart City project and has secured a $1 million contract for AI module development.