Tenet Fintech Group (OTCMKTS:PKKFF) Releases Quarterly Earnings Results

Tenet Fintech Group (OTCMKTS:PKKFF) issued its quarterly earnings results on Wednesday. The company reported $0.01 EPS for the quarter, Zacks reports. The company had revenue of $38.13 million for the quarter. Tenet Fintech Group had a negative return on equity of 1,103.43% and a negative net margin of 2.84%.

Tenet Fintech Group Trading Down 5.5%

Shares of Tenet Fintech Group stock opened at $0.18 on Friday. The company has a market capitalization of $73.73 million, a price-to-earnings ratio of -8.98 and a beta of 1.13. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 5.17. Tenet Fintech Group has a 12-month low of $0.02 and a 12-month high of $0.20. The firm’s 50-day moving average price is $0.10 and its two-hundred day moving average price is $0.07.

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.