Mr. Mayco Quiroz reports
TENET PROVIDES GROSS MARGIN CLARIFICATION ON ANNOUNCED CAD$225M MINIMUM GUARANTEE ANNUAL SERVICES AGREEMENT
Tenet Fintech Group Inc. has clarified that the company expects to earn gross margins of 8 per cent to 10 per cent on the $225-million minimum guarantee annual services agreement recently signed by the company, which was announced earlier today.
About Tenet Fintech Group Inc.
Tenet Fintech Group is the parent company of a group of innovative financial technology (fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and artificial-intelligence-based products and services to businesses, capital markets professionals, government agencies, and financial institutions either through or by leveraging data gathered by the Cubeler Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B (business-to-business) transactions among its members.
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