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Turnium Technology Group Inc. Reports Fiscal 2025 Audited Financial Results
Vancouver, British Columbia--(Newsfile Corp. - January 27, 2026) - Turnium Technology Group Inc....
About this update from Turnium Technology Group Inc Class A
[{"type":"text","content":"Turnium Technology Group Inc. Reports Fiscal 2025 Audited Financial ResultsVancouver, British Columbia--(Newsfile Corp. - January 27, 2026) - Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (\"Turnium\" or \"the Company\"), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, is pleased to announce its financial results for the 2025 fiscal year. Doug Childress, CEO of Turnium stated, \"For the year ended September 30, 2025, the Company generated total revenue of $8.79 million, representing an increase of 58.2% year-over-year. Excluding discontinued operations, revenue from continuing operations was $6.72 million (+90.1% y/y), reflecting the Company's ongoing core performance. The year-over-year change in total revenue was primarily driven by modest growth in TNSI, and the inclusion of a full year of Claratti results. We continue to move forward in transforming Turnium from a product-based business to a solutions-driven company. Our mission of driving sales, expanding our global network and actively pursuing accretive M&A opportunities are helping us reach our stated goal of achieving $100 million in revenue and $20 million in EBITDA by 2027.\"Update on the Proposed Insentra AcquisitionAs previously announced on December 29, 2025, the parties have signed an amendment to the previously announced non-binding letter of intent dated November 9, 2025 (the \"LOI\") with Insentra Management Services Pty Ltd on behalf of Insentra Holdings Pty Ltd., with respect to a potential transaction (the \"Insentra Acquisition\") to acquire substantially all the assets of Insentra Holdings Pty Ltd. and certain affiliated entities in the United States and the United Kingdom (collectively, \"Insentra\"), to extend the term period for entering into the definitive asset purchase agreement through to January 31, 2026.For further details on the LOI and the Insentra Acquisition, please refer to the Company's press release dated November 10, 2025, a copy of which is available under the Company's SEDAR+ profile at www.sedarplus.ca. Further updates and particulars of the Insentra Acquisition will be provided upon the parties entering into the definitive asset purchase agreement in connection with the Insentra Acquisition.There can be no assurance that the Insentra Acquisition will be completed on the terms proposed or a...