Tenet Fintech Group Inc. C.PKK

What is keeping this stock down??

[Seelow7]

It seems to have everything going for it  :/

[jermiah777]

When does everyone on this board actually feel they will generate a significant profit? A real profit, not a profit before taxes and everything. Will it happen next quarterly report or is it 2 or 3 quarters away?

[JeofferyDaulmer]

This post has been removed in accordance with Community Policy

[lscfa]

May 31/2021 - Although the Company incurred a net loss for the quarter, the results achieved by its new targeted financing programs, the impact that the re-emergence of the Gold River platform is starting to have on reducing the cost of service of its supply-chain services, and the opportunity to dramatically increase the number of new clients on Lending Hub throughout the year through

[jermiah777]

Thank you. I did read that. I was a little concerned by management's lack of strong conviction that for sure it will be a profitable quarter. The phrase " has Peak believing Q2 COULD BE first profitable quarter". I was hoping that perhaps others might cite additional reasons since that report that give them even more confidence that 2nd quarter is finally the beginning of real profit

[TriumphSpitSix]

Management can't make statements about future events in the tenor and with the matter-of-factness that you're wanting. The fact that they even stated it at all IS a demonstration of "strong conviction."

[lscfa]

Cash flow is a better measure than accounting income. Co. is already cash flow positive and it understates adjusted ebitda, a proxy for normalized cash flow.       Q1 21 Q4 20 Q3 20 Q2 20 Q1 20 ebitda (reported)  121,737