Tenet Provides Update on July Sales and 2026 Revenue Guidance
Rhea-AI Summary
Tenet Fintech Group (CSE: PKK, OTC: PKKFF) reported that its July 2026 supply chain services related sales were approximately $16.8 million. Based on existing sales agreements, the company raised its full-year 2026 revenue guidance to a range of $120 million to $130 million, up from $100 million to $110 million.
According to Tenet, the guidance excludes any impact from new sales agreements signed after this update and from potential commercialization of its data-derived products, both of which could further affect 2026 sales. Tenet also plans to begin providing non-diluted EPS guidance when it files its Q2 2026 financial results later this month.
Positive
- July 2026 supply chain services sales approximately $16.8 million
- 2026 revenue guidance raised to $120M–$130M from $100M–$110M
- Guidance based on existing sales agreements, providing contracted revenue visibility for 2026
- Planned non-diluted EPS guidance to begin with Q2 2026 results
Negative
- None.
News Market Reaction – PKKFF
In the Aug 4 session, PKKFF gained 30.04%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Toronto, Ontario--(Newsfile Corp. - August 4, 2026) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler Business Hub, today announced that its supply chain services related sales for the month of July 2026 were approximately
The updated revenue guidance is based on the execution of sales agreements already in place and does not take into account any new sales agreements that Tenet may enter into between the date of this release and the end of 2026, which may materially impact the Company's sales. The guidance moreover excludes potential sales that may result from the commercialization of Tenet's data derived products, which may also have an impact on Tenet's 2026 sales. The Company may therefore further update today's numbers if and when material facts that could affect the Company's 2026 sales become known to the Company.
In addition to sharing guidance on its top line, Tenet also has plans to begin providing guidance on non-diluted earnings per share when the Company files its financial results for the second quarter of 2026 later this month.
About Tenet Fintech Group Inc.:
Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: https://www.tenetfintech.com/.
For more information, please contact:
Tenet Fintech Group Inc.
Mayco Quiroz, Chief Operating Officer
514-340-7775 ext.: 510
investors@tenetfintech.com
CHF Capital Markets
Cathy Hume, CEO
416-868-1079 ext.: 251
cathy@chfir.com
Follow Tenet Fintech Group Inc. on social media:
X: @Tenet_Fintech
Facebook: @Tenet
LinkedIn: Tenet
YouTube: Tenet Fintech
Forward-looking information
Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, statements relating to: (i) the potential refiling and/or restatement of certain financial statements and related management's discussion and analysis (MD&A) as a result of potential material misstatements; (ii) the granting of a partial revocation order by the OSC; (iii) the granting of a full revocation order by the OSC; (iv) the completion of the previously announced private placement; and (v) the timing and outcome of the OSC's review of the Company's disclosure record, and general economic and business conditions. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at www.sedarplus.ca, for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.
Forward-looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/307884