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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, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members.


CSE:PKK - Post by User

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Post by kijijion Oct 01, 2018 10:11am
55 Views
Post# 28720734

Financial Forecasts

Financial Forecasts

Montreal, Quebec--(Newsfile Corp. - October 1, 2018) -  Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today released consolidated revenue and EBITDA forecasts for its group of companies for the remainder of 2018 as well as for the fiscal years of 2019, 2020 and 2021. Peak's revenue is projected to go from $1.1M in 2018 to $94.2M by 2021. The Company expects to be EBITDA positive in 2019, while forecasting EBITDA of $20M in 2020 to scale to $56.5M by 2021. More details on the financial projections are included as part of an executive summary presentation available on the Company's website, which can be downloaded by clicking on the following link: PKK October 2018 Executive Summary Presentation.

Peak will also publish a Q&A style interview related to the investor presentation, which details the Company's subsidiaries' respective business models, on October 15, 2018. Those who would like to submit questions for the Q&A interview are invited to do so by sending them to investors@peakpositioning.com with "Financial Projections Q&A" as the subject line. All questions must be received by no later than 5:00pm EST on October 10, 2018.

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