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Tenet Fintech Group Inc. C.PKK

Alternate Symbol(s):  PKKFF

Technology Software - Application
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, includes Tenet and all its subsidiaries. Tenet's subsidiaries provide various analytics and AI-based services to businesses and financial institutions through the Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members.


CSE:PKK - Post by User

Tenet Fintech Group Inc. > UPSTART releases great numbers Q2-2021
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Comment by LOOK4METALSon Aug 10, 2021 5:03pm
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Post# 33679967

RE:UPSTART releases great numbers Q2-2021

RE:UPSTART releases great numbers Q2-2021
  • Revenue of $205 to $215 million
  • Contribution Margin of approximately 45%
  • Net Income of $18 to $22 million
  • Adjusted Net Income of $28 to $32 million
  • Adjusted EBITDA of $30 to $34 million
  • Basic Weighted-Average Share Count of approximately 78.0 million shares
  • Diluted Weighted-Average Share Count of approximately 94.9 million shares
For the 2021 fiscal year, Upstart now expects:
  • Revenue of approximately $750 million (vs prior guidance of $600 million)
  • Contribution Margin of approximately 45% (vs prior guidance of 42%)
  • Adjusted EBITDA Margin of approximately 17% (vs prior guidance of 10%)

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