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Bullboard - Stock Discussion Forum Tenet Fintech Group Inc. C.PKK

Alternate Symbol(s):  PKKFF

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... see more

CSE:PKK - Post Discussion

Tenet Fintech Group Inc. > Where’s the updated guidance?
View:
Post by lscfa on Jan 21, 2021 11:57am

Where’s the updated guidance?

 

 

2021 Revenue

2022 Revenue

Peak (feb )

55

80

eResearch (dec 04)

86.1

103.6

Zacks (Nov 30)

90

 

 

 

 

 

2021 ebitda

2022 ebitda

Peak (feb )

22

55

eResearch (dec 04)

21.2

40.3

Zacks (Nov 30)

3.4

 

Comment by lscfa on Jan 22, 2021 10:50am
In Jan 21/21 interview CEO says the updated guidance will be delayed because things are moving too fast to put out some no.s that will only be outdated soon thereafter. They also need some time to see how adoption goes so they can accurately forecast.     
Comment by lscfa on Jan 22, 2021 11:27am
At an absolute minimum revenues should be 2x the old guidance based on the addition of payment processing alone. Now add all the new SMEs being announced since Peak's Feb 2020 guidance. (19,000 to 324,000).    "Any transaction involving the movement of funds will earn Peak a service fee, potentially doubling current transaction fees, earning new fees on loan disbursements ...more  
Comment by lscfa on Jan 22, 2021 4:14pm
Analyst's need to upgrade their target prices. Share price is already higher than eReseach's $2.40 and Zacks $4.50 Cdn target is based on only $90 mil in revenue for 2021.
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