Tenet Fintech Group (OTCMKTS:PKKFF) Posts Earnings Results

Tenet Fintech Group (OTCMKTS:PKKFF) issued its earnings results on Wednesday. The company reported ($0.02) EPS for the quarter, Zacks reports. Tenet Fintech Group had a negative return on equity of 408.82% and a negative net margin of 29.06%.The business had revenue of $8.41 million during the quarter.

Tenet Fintech Group Trading Up 42.0%

OTCMKTS PKKFF opened at $0.06 on Friday. Tenet Fintech Group has a 1-year low of $0.01 and a 1-year high of $0.11. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 9.61. The stock has a 50-day moving average of $0.05 and a 200-day moving average of $0.05. The firm has a market cap of $13.90 million, a PE ratio of -1.89 and a beta of 1.27.

About Tenet Fintech Group

Tenet Fintech Group Inc, through its subsidiaries, provides various analytics and AI-based services to small-and-medium businesses and financial institutions. It offers Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. The company was formerly known as Peak Fintech Group Inc and changed its name to Tenet Fintech Group Inc in November 2021. Tenet Fintech Group Inc was incorporated in 2008 and is headquartered in Toronto, Canada.