Tenet Fintech Group Inc Stock Price, News & Analysis

Tenet Fintech Group (OTCQB: PKKFF), operator of the Cubeler business development platform, has announced a further delay in filing its 2024 year-end financial statements. The delay is attributed to the need to align the company's annual financial audit with the mandatory tax audit of its Chinese subsidiaries.

The company has set a revised timeline for August 2025 to file the financial statements, with the exact filing date to be announced by the end of July 2025. The delay stems from the inability to synchronize the Chinese tax audit with the Canadian operations audit, which typically occur simultaneously due to their reliance on similar financial information.

Tenet Fintech Group (PKKFF) has announced a delay in filing its 2024 year-end financial statements, with a revised target date set for the week of July 14, 2025. The delay is attributed to two main factors: the transition of operations in China affecting company revenue and the late start of the audit process impacting resource availability. Additionally, the company revealed plans to relaunch its Cubeler Business Hub platform this summer with improvements to its Networking and Insights modules, prior to US expansion. These enhancements are based on user feedback, and COO Mayco Quiroz will showcase the new features in a video presentation scheduled for June 20, 2025.

Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF), operator of the Cubeler® Business Hub, has announced a delay in filing its 2024 year-end financial statements, missing the April 30, 2025 deadline. Due to this delay, the company expects a cease trade order to be implemented by Canadian Securities Administrators, which will temporarily halt trading of Tenet's securities. The company aims to file both the delayed 2024 year-end statements and Q1 2025 financial statements by May 31, 2025.

Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) has announced a strategic partnership between its subsidiary Cubeler and NewCo Capital Group, a Miami-based alternative commercial financing provider. Through this referral agreement, NewCo will offer expanded financing options to Cubeler Business Hub members.

NewCo, in collaboration with Bizcap, has deployed over $2 billion in capital to more than 45,000 businesses globally. In Canada, they offer financing up to CAD $2,000,000, available either as a one-time advance or as a flexible 'Line of Capital'. The partnership enables NewCo to utilize the Business Hub's platform to identify qualified borrowers through their dedicated credit management account.

The collaboration aims to enhance access to capital for Canadian entrepreneurs, with NewCo providing fast, flexible working capital solutions to small and medium-sized businesses. The partnership also holds potential for cross-border networking opportunities between North American and Asian Business Hub members once these functionalities are enabled.

Tenet Fintech Group (CSE: PKK) (OTCQB: PKKFF) has established a new Delaware-based subsidiary, Cubeler Inc. (U.S.), to facilitate its Business Hub expansion into the U.S. market in Q2 2025. The subsidiary will manage legal and operational aspects of the Business Hub in the United States.

The company is actively preparing for the expansion by:

• Recruiting U.S.-based bookkeeping and accounting service partners
• Partnering with U.S. financial institutions and commercial credit providers
• Adapting the platform for U.S.-based SMEs

Tenet is accelerating its U.S. market entry due to the current North American economic climate, which they believe could drive demand for their services. The Business Hub aims to help SMEs find new clients and explore business opportunities both domestically and internationally, while their ie-Pulse macroeconomic data indexes will provide insights into the U.S. economy.

Tenet Fintech Group (CSE: PKK) (OTCQB: PKKFF) has announced partnerships with three accounting and bookkeeping service providers as part of its strategy to enhance the Cubeler® Business Hub. These firms serve SMEs across major cities in Canada and the United States, offering services including bookkeeping, tax preparation, and payroll management.

The partners cover diverse sectors including technology, retail, healthcare, manufacturing, hospitality, logistics, construction, and real estate. While the Business Hub's U.S. expansion is pending, these partnerships position Tenet for immediate operations upon launch. The accounting firms' use of Dext Software's bookkeeping automation platform will integrate with the Business Hub to provide SME clients with daily financial and accounting data visibility.

Tenet Fintech Group (CSE: PKK) (OTCQB: PKKFF) has announced that its subsidiary Cubeler has signed a referral agreement with Uncapped Technologies, a UK-based global technology lender. The partnership will integrate Uncapped's lending services into the Cubeler® Business Hub platform.

Uncapped specializes in providing working capital to e-commerce brands and retailers, offering loans and lines of credit up to USD $10M. The company utilizes technology to assess applicants' sales data and provides lending decisions within 24 hours, serving businesses in the UK, US, and Canada.

Through this integration, Uncapped will input its loan qualification criteria directly into the Business Hub interface to match with qualified SME members. The partnership aims to expand financing options for Canadian SME members and will support the platform's planned expansion into the US market early next quarter.

Tenet Fintech Group (CSE: PKK) (OTCQB: PKKFF) has announced plans to expand the compatibility of its Cubeler Business Hub by adding support for at least three new accounting software packages. The platform currently supports the top three accounting software packages used by Canadian small businesses, which represent approximately 70% market share according to Codat

With Statistics Canada reporting that 97.8% of Canada's 1.23M businesses are small businesses, Tenet aims to remove entry barriers for SMEs by supporting additional accounting software packages, particularly those used by medium-sized businesses and specific industries. This expansion also aligns with the recent launch of Tenet's ie-Pulse macroeconomic data platform, potentially accelerating the introduction of new indexes, including coverage of the manufacturing sector.

Tenet Fintech Group (CSE: PKK) (OTCQB: PKKFF) has launched its ie-Pulse macroeconomic data platform, designed to provide economic activity insights using SME financial data collected through the Cubeler® Business Hub platform.

The platform currently features one index - the Canada Professional, Scientific and Technical Services Sales Index. The company plans to expand by launching new indexes monthly and aims to leverage daily SME data through Dext bookkeeping automation software integration.

To qualify for index inclusion, SMEs must maintain current bookkeeping records and have at least one year of complete accounting data. Tenet plans to collaborate with capital market advisors, economists, government representatives, and academics to enhance the platform's value proposition.