Business
Management Discussion and Analysis – Outlook 2023
Management Discussion and Analysis – Outlook 2023.
About this update from Tekumo, Inc.
[{"type":"text","content":"\n NEW YORK, May 31, 2023 (GLOBE NEWSWIRE) -- This management’s discussion and analysis (MD&A) includes information that will help you understand management’s perspective on the Outlook for 2023 for Balincan USA Inc (BCNN) and its subsidiary Tekumo LLC (the “Company”). We expect that the revenue generated over the next 12 months from our recent customer announcements will exceed more than $6 million. As you review this MD&A, we encourage you to read our interim financial statements and notes for the quarter ended March 31, 2023, our consolidated financial statements and notes for the year ended December 31, 2022, and our Letter to Shareholders dated May 9, 2023 (all filed with OTC Markets). Caution about forward-looking information This MD&A includes statements and information about our expectations for the future. When we discuss our strategy, plans, future financial and operating performance, or other things that have not yet taken place, we are making statements considered to be forward-looking statements under United States (US) securities laws. Please see the disclosure relative to forward-looking statements at the base of this discussion. CORPORATE OVERVIEW The Company offers a service delivery platform that solves the \"last-mile\" of installing, monitoring, and maintaining technology systems and smart connected devices.  We play at the intersection of two major trends: the “Uber-ization” of product and service delivery, and the explosion of smart connected devices brought about by the “Internet of Things” (IoT). Our Service Delivery platform was designed to intelligently automate the installation and maintenance of products by offering On-Demand local technician resources, as well as providing a “smart interface” for the monitoring and management of connected devices.  This service platform caters for a broad range of technologies from POS systems, kiosks, digital menu boards, cameras, cabling, Wi-Fi and networking, to water and energy management, lighting and HVAC control, smart homes devices, wearable sensors, and access control. Our platform results in “less people, less time and less cost” for our customers. HISTORY & OUTLOOK Tekumo started its journey as a small IT managed services company while we developed our Service...