TIO Networks (fka TNC)

[junkHustler]

Good volume and a new 52 week high today.

This morning there was a BID/ASK of $4 and then it went to $3 and then settled at $2.18

A bit strange but I've seen that kind of tactic used to flash out the ASK depth. In any case things look promising as we enter the new year with the Softgate deal almost completely closed which should add a huge incremental boost to the EPS.

GLTA & JMO

[junkHustler]

Globe says Tio Networks seen as rare TSX-V winner

The Globe and Mail reports in its Wednesday edition that Tio Networks ($1.94), a cloud-based bill payment company in Vancouver, is gaining increased attention after doubling its market value over the last six months. The Globe's Brenda Bouw writes that Tio handles mostly U.S. telecom and utility company payments through kiosks, in stores and across mobile and the Web.

In July, Tio announced the $31-million (U.S.) purchase of consumer retail bill payment company Softgate Systems Inc., beefing up its presence in the northeastern United States.

All seven analysts who cover the stock have a "buy" recommendation and a consensus price target over the next year of $2.56. Tio is also expected to gain the attention of more investors now that it has surpassed $100-million in market capitalization.

If the Softgate deal closes in the new year as expected, the TSX Venture Exchange-listed company is also expected to seek a listing on the main Toronto market.

"This is a name that will get more and more on the radar screen of investors," said PI Financial analyst David Kwan. He recently increased his target to $3 from $2.70 after Tio beat analyst expectations in its first quarter ended Oct. 31.

[junkHustler]

The Ten Best Performing TSX Venture Tech Stocks of 2015

TNC is Number 3 on this list:
http://www.cantechletter.com/2015/12/the-ten-best-performing-tsx-venture-tech-stocks-of-2015/

GTA & JMO

[junkHustler]

TIO Networks gets price target raise to $3.00 at Cantor Fitzgerald
DECEMBER 18, 2015 BY NICK WADDELL

A better than expected quarter has Cantor Fitzgerald Canada analyst Ralph Garcea feeling more bullish than ever about TIO Networks (TSXV:TNC).

Yesterday, TIO reported its Q1, 2016 results. The company earned $1.4-million on revenue of $15.3-million, a topline that was down 22 per cent over the same period last year.

“We are very pleased to deliver the best quarterly net profit, EBITDA and gross profit metrics in the company’s lifetime,” said CEO Hamed Shahbazi. “This quarter we continued to build on the successes of the prior fiscal year as Tio, and its subsidiaries all achieved improvements in growth and profitability. As we move into calendar 2016, we look forward to closing our acquisition of Softgate Systems which will enhance profitability and further establish Tio as one of the leading players in the U.S. consumer bill payment processing and receivables management marketplace.”

Garcea notes that the quarter bested his and the street’s expectations on both the top and bottom line. The analyst says he expects the “transformational” acquisition of Softgate, which he expects to close in January, will bring sustainbale EBITDA upside to TIO. He thinks the company can deliver organic revenue growth of between five and ten per cent and that the company’s EBITDA will approach 15 to 20 per cent, long term.

Garcea commented on the TIO’s share price, which he believes is still an attractive entry point for investors.
“Following a gap up on very strong volume, TNC is currently trading in a textbook uptrend, making higher highs and higher lows with both its 50-day and 200-day moving averages trending positively,” he said. We expect price action to continue in this range until a break occurs. The 50-day moving average and lower band of its channel should continue to act as support.”

In a research update to clients today, Garcea maintained his “Buy” rating but raised his one-year target price on TIO Networks from $2.75 to $3.00, implying a return of 54 per cent at the time of publication.

[junkHustler]

What a Q!

Nice profit! Nice revenue uplift.

New 52 week high!

LOL

GLTA & JMO

[junkHustler]

TIO reports record Q1, 2016 financial results
VANCOUVER, Dec. 17, 2015

NET PROFIT INCREASED BY MORE THAN $1.26M TO $1.4 MILLION AND $0.02 EPS

VANCOUVER, Dec. 17, 2015 /CNW/ - TIO Networks Corp. (TSX-V: TNC) today announced first quarter 2016 financial results for the period ended October 31, 2015.

First Quarter financial & business highlights (all figures in CA dollars):

~ Adjusted EBITDA increased 129.5% on a Year over Year (YoY) basis to $2.01M from $876k and increased sequentially on a quarter over quarter (QoQ) basis by 48.9% from Q4 2015

~ Revenues increased QoQ by 9.5% to $15.3M

~ Gross profit increased 32.1% to $7.84M on a YoY basis and 15.9% QoQ

~ Gross margin increased by 21% to 51% on a YoY basis and 2% sequentially QoQ

~ Cash Flow from Operating activities increased by $1.03M or 108.6% YoY to $1.97m

~ Processed approx 14.2M transactions worth approx. $1.7B representing 7.3% YoY transaction growth and 3.1% growth sequentially

~ TIO's direct-to-consumer membership base increased to 1,144,057

~ Finished the period with $34,632,296 in cash and cash equivalents (including restricted cash and cash held to fulfill bill payment obligations) and no long-term debt

** EBITDA is a non-IFRS measure - earnings before interest, tax, depreciation and amortization. Adjusted EBITDA is EBITDA plus stock-based compensation and one-time M&A costs less one-time gross profit earned from kiosks. EBITDA is not a defined term under IFRS nor does it have a standard, agreed upon meaning. Accordingly, the Company's EBITDA may not be directly comparable to EBITDA reported by other issuers. Management had determined EBITDA is a useful supplemental measure in evaluating the Company's performance as it provides investors with an indication of cash available for debt service, working capital needs and capital expenditures. This non-IFRS measure is intended to provide additional information on the Company's performance and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.

"We are very pleased to deliver the best quarterly net profit, EBITDA and gross profit metrics in the Company's lifetime" said Hamed Shahbazi, Chairman and CEO of TIO Networks. "This quarter we continued to build on the successes of the prior fiscal year as TIO and its subsidiaries all achieved improvements in growth and profitability. As we move into calendar 2016, we look forward to closing our acquisition of Softgate Systems which will enhance profitability and further establish TIO as one of the leading players in the US consumer bill payment processing and receivables management marketplace."

A conference call to discuss the results will be held Thursday December 17, 2015 at 2:00 pm EST, 11:00am PST. To participate in the call please dial 416-847-6330 in Toronto or Toll free, 1-866-530-1553 and request the TIO Conference.

To learn more, visit: www.TIOnetworks.com

About TIO Networks
TIO is a multi-channel cloud-based bill payment processor serving the largest telecom, wireless, cable and utility bill issuers in North America. TIO symbolizes fast, convenient and secure bill payment. Visit: www.TIOnetworks.com. Join the conversation: www.twitter.com/TIOnetworks or like us: http://www.facebook.com/TIOnetworks

[junkHustler]

TIO Networks 2016 Q1 Earnings Notice and Conference Call

VANCOUVER, Dec. 8, 2015 /CNW/ - TIO Networks Corp., (TSX-V: TNC), intends to release 2016 Q1 financial results for the period ended October 31, 2015, before market opening on Thursday December 17, 2015.

A conference call to discuss the results will be held the same day at 2:00pm EST, 11am PST.

To participate in the call please dial 416-847-6330 in Toronto or Toll free, 1-866-530-1553 and request the TIO Conference.

To learn more, visit: www.TIOnetworks.com

About TIO Networks
TIO is a multi-channel cloud-based bill payment processor serving the largest telecom, wireless, cable and utility bill issuers in North America. With more than 65,000 endpoints, TIO symbolizes fast, convenient and secure bill payment. Visit: www.TIOnetworks.com. Join the conversation: www.twitter.com/TIOnetworks or Like us: http://www.facebook.com/TIOnetworks

[junkHustler]

TIO Networks Corp CEO Hamed Shahbazi on Banking the Unbanked

TIO Networks Corp (TSX.V:TNC) (OTCMKTS:TNCGF) CEO Hamed Shahbazi from the President’s Club Investment Conference at the Atlantis Resort in Nassau, Bahamas, where he talks about TIO’s growing revenue base and margins.

James West: Gentlemen, thanks for joining me today.

Hamed Shahbazi: Thank you.

Hamed Shahbazi, John Lewis: It’s a pleasure to be with you.

James West: Why don’t we start with, we talked to you about a year ago. You’ve obviously been executing on your business model. Why don’t we refresh the memories of my listeners with the value proposition for investors from TIO.

Hamed Shahbazi: Great. We are a multi-channel bill payment network, and what we do is we help billers, which are guys who issue bills, large wireless, cable, utility companies, we help them get paid. So we’re as much of a payment processor as we are a receivables manager. We basically sit on their back office, on the back of their billing system. We work with whatever billing system that they have, whether it’s an SAP or Oracle or Mdocs system, and then we basically help them accept and collect from various different channels that are outside of the bank channel, and outside of print and mail.

So if they’re paying with a credit or debit card, if they’re paying you cash, if they’re paying in any of those alternative channels, which can be anywhere from 20 percent to 100 percent of a biller’s receipts, that’s the area that we play.

We’ve basically changed from being a small specialty niche processor to being a very essential back office partner for a biller, and that’s really what’s happened over the last few years.

James West: Sure. And who is your typical customer in terms of the non-corporate side? So on the customer-facing side?

Hamed Shahbazi: You know, it tends to be low-to-moderate income folks who wait till the last minute to pay bills. That falls in line with a lot of our strength, because the two basic problems that we solve as a company is access and speed for that payment. So if you pay with TIO, one of the hallmarks of our service is that we get the payment posted quickly. So you can confidently wait till the very last minute to pay with us, and we will make sure that that payment posts. So we have a low latency payment, and then access is, we allow customers to pay at many different types of locations and web experiences. So we have 22 mobile programs, we have a web platform called chargesmart.com where you can pay any bill with any card, or 70,000 locations where you can originate the payment. So a lot of payment options where we can originate payments into our network.

James West: Mm-hmm. And so how do you make money?

Hamed Shahbazi: We basically charger per transaction. We are either charging the customer, or we’re charging the biller. In some cases, depending on what the circumstances are, it’s a blend of both.

James West: Okay. So give me a snapshot of your financial condition last quarter and where it’s going in the near term.

Hamed Shahbazi: Sure. I mean, our last quarter that was actually disclosed was our Q3, which was the three-month period ended April 30th. We’re on a fiscal end that ends July 31. So actually our full year results come out later this November. That’s going to be important news for us. Our last quarter, we’re roughly 13.6 million in top line revenue for that quarter. We had about 1 million in adjusted EBITDA, so we’re on a $4 million adjusted EBITDA run rate, and we demonstrated some nice growth in gross margins, some nice growth in EBITDA margins, and that’s just our own stand-alone EBITDA, notwithstanding the acquisition we just made, which makes a nice contribution to EBITDA post-close.

James West: Right. So your share price has more than doubled in the past year. Is that the kind of growth that investors should expect to see going forward into the next year or two?

Hamed Shahbazi: That’s a great question. I mean, what we’re seeing is that our deal flow is improving, we’re seeing a lot of, our watch list has become stronger. Obviously, we’ve indicated numerous times that we are committed to growing organically and inorganically, and our organic growth in terms of transactions over the last couple of years has been healthy double-digit growth as well. So I would say that we do expect to do more deals, and our objective is to continue to maintain a strong growth rate, but we’re also very committed to being disciplined. We’re not going to be that company that goes out, just because they feel like they need to grow, and do a bad acquisition. We’re really sort of subscribing to that constellation software in-house mentality in terms of doing very strong accretive disciplined deals, and then being very focused on taking the cost out post-transaction and making sure that we get synergies from those acquired assets.

James West: So where do the major risks like for you, from an investment standpoint?

Hamed Shahbazi: I think we de-risked the company tremendously over the last couple of years. Couple of years ago, we had more customer concentration, we had some bigger customers that were a bigger share of our revenue by virtue of both the organic and inorganic growth that we’ve had. We’ve really de-risked that tremendously, so I feel a lot better about that.

The risk in our business tends to – when we start business with a new customer – tends to be during the integration phase, because there’s a lot of friction there, it’s a heavy development effort. But once you get through, it’s kind of like an SAP integration, you know, if you actually get through and get it done, the chances of you coming out afterwards are quite low. And so those are really the operational risks in our business.

But you know, we live in a hyper-regulated world, so I would say that if there are significant changes in regulation, those could affect our business. But I think that the regulators tend to be quite thoughtful about how they manage those areas in our business, and we feel confident that we have a good risk profile for our business. We continue to focus on de-risking that as we make more acquisitions and as we —

James West: Okay. So how are you going to continue to grow the business? How are you going to attract new business, and what’s going to drive growth into the numbers that you’ve delivered so far?

Hamed Shahbazi: Well, I think we’re committed to both organic and inorganic growth, so I think what you’re going to see is a focus on the same types of transactions from an M&A perspective where we’re looking to do deals in sort of that 5, 6 times EBITDA range. And you know, I think another nice thing is that once we do acquire post-transaction, it does take years to get all the full synergies out. So we really kind of segment – and I talk about this because of your question about growth, I take that within the context of organic profitability growth as well as top line growth, and really one of the hallmarks of the story is, when a deal’s done and you get that immediate profitability or accretive profitability, that’s not the end of the story. That’s something that we’re committed to, is really getting the most out of shared services, and really driving optimum levels of cash flow from these acquired assets.

So we think that’s a part of our profit enhancement profile. The other interesting thing that happens when we acquire a business is that it opens up a whole new group of customers for us to go in and sell our other channel capabilities. So for example, a company we just acquired, Softgate, whom hopefully will have all of the regulatory approvals within the next couple of months, is a single-channel player; all they do is point of sale, over-the-counter payments. And they serve some of the top billers in the US, from cable to utility and telecom. It gives us an entrée to go in and say listen, now we have a relationship with you, we speak to your billing system, what are you doing for mobile payments? What are you doing for self-service kiosks? What are some of these other emerging self-service automated forms of transacting that we can help you with?

And because we’ve overcome- because now we speak to their billing system by virtue of the acquisition, it becomes a way that we can grow. I’ll tell you why that’s important: because one of the hallmarks of our business is very sticky and it’s very hard to lose customers, but it’s also hard to acquire customers because of that stickiness and getting into the billing system. And so M&A opens that door for us.

James West: Right. So would you categorize TIO then as a consolidator of a niche bill-payment for the un-banked category?

Hamed Shahbazi: I think there’s a value of one that comes with TIO. What I mean by that is, if you’re a biller, you don’t want to have a separate processor for kiosk, point of sale, mobile, web, bank, you know, you’re not an IT company; you don’t want to have all these disparate processing connections. So I think there’s a real value proposition for the biller to work with a company that has those.

http://www.midasletter.com/2015/12/tio-networks-corp-ceo-hamed-shahbazi-on-banking-the-unbanked/

[junkHustler]

Paradigm initiates coverage of TIO Networks with a “Buy” rating

Vancouver-based TIO Networks (TSXV:TNC) has enjoyed an extended run of late, but Paradigm Capital analyst Kevin Krishnaratne thinks the stock still has upside.

In a research report to clients today, Krishnaratne initiated coverage of TIO with a “Buy” rating and one-year target price of $2.25, implying a return of 26 per cent at the time of publication.

In July, TIO announced it would acquire consumer retail bill payment solutions Softgate Systems for approximately (U.S.) $31-million. The company said the deal would position it as the largest North American provider of walk-in bill payment services and increase its revenue number to over (C) $100-million.

Krishnaratne estimates that the Softgate deal, which he expects to close in the coming months, is worth more than $0.80 a share to TIO. The analyst says M&A is a key driver for TIO and expects that another deal will surface by the middle of next year. But to those who might be led to believe the company’s growth is all about M&A, Krishnaratne points out that the more than 65 per cent gain in EBITDA forecast for fiscal 2016 is allorganic, something the analyst says reflects the scalability of the company’s platform.

“TIO is a uniquely positioned FinTech company with a deep understanding of the financially underserved market, which is large, growing and ripe for consolidation,” says Krishnaratne. “Management has done a superb job over the past two years scaling the company through accretive M&A and driving cost efficiencies to create a leader in the U.S. walk-up bill payments space. We believe that TIO is on the path to continued growth, not only by expanding its payment processing business, but also through the addition of new services for the underbanked, unbanked and unhappily banked consumer, both in North America and internationally.”

http://www.cantechletter.com/2015/12/paradigm-initiates-coverage-of-tio-networks-with-a-buy-rating/

[junkHustler]

TIO Networks is headed to $100-million in revenue, says Haywood
NOVEMBER 25, 2015 BY NICK WADDELL

TIO Networks (TSXV:TNC) will soon top $100-million in revenue and its most recent results are evidence that it knows how to put more of it to the bottom line, says Haywood analyst Pardeep Sangha.
Yesterday, TIO reported its fourth quarter and fiscal 2015 results. In the fourth quarter, the company earned $142,379 on revenue of $13.95-million.

“We achieved record revenue and EBITDA,” said CEO Hamed Shahbazi. “Fiscal 2015 was a year marked by the successful execution of M&A, shared services, cost improvements and R&D initiatives, strengthening Tio’s prospects for further growth. We look forward to closing our acquisition of Softgate Systems in early 2016 and remain steadfast and focused on organic revenue growth, EBITDA margin expansion and accretive acquisitions.”

Sangha says the quarter beat his estimates on both the top and bottom line. The analyst expects TIO’s revenue will grow to $78-million in fiscal 2016 and then to $107.6-million the following year. He notes that the company’s topline rise is being accompanied by a significant margin expansion, albeit it partly due to the way it recognizes revenue from its largest biller partner and a stronger U.S. dollar. The company’s gross margins rose from 28.7 per cent in the fourth quarter of 2014 to 52.6 per cent in 2015’s Q4.

“Tio is heading toward a strong Adj. EBITDA profile and over $100M in annual revenue by FY17,” says Sangha. “Tio has partnered with some of the largest U.S. billers to establish itself as a leader in bill payments, processing over $6B a year in transactions. The Company’s transformative acquisitions of Globex and Softgate has led to increased margins and has made Tio a leader in the North American walk-up bill payment space. We believe Tio Networks has a scalable multi-channel platform with which to launch new billers and acquire competitors in a fragmented marketplace.”

In a research update to clients today, Sangha maintained his “Buy” rating and one-year target price of $2.30 on TIO Networks, implying a return of 38.6 per cent at the time of publication.

http://www.cantechletter.com/2015/11/tio-networks-is-headed-to-100-million-in-revenue-says-haywood/

[junkHustler]

TIO NETWORKS TO PRESENT AT THE LD MICRO MAIN EVENT

LOS ANGELES, CA, Nov. 25, 2015 /CNW/ – TIO Networks Corp.,(TIO), (TSX-V: TNC), a cloud based multi-channel bill payment processor today announced that it will be presenting at the 8th annual LD Micro Main Event on Wednesday, December 2 at 11:30 am PST, Track 1.

Hamed Shahbazi, Chairman and CEO, TIO, will be presenting and meeting with investors.

The conference will be held at the Luxe Sunset Bel Air Hotel and will feature 210 companies in the small / micro-cap space.

About TIO
TIO is a cloud based multi-channel bill payment processor serving the largest telecom, wireless, cable and utility network operators in North America. With more than 65,000 physical location endpoints to its bill payment processing network, TIO symbolizes fast, convenient and secure access to high quality bill payment services. Please visit www.tionetworks.com.

About LD Micro
LD Micro is an investment newsletter firm that focuses on finding undervalued companies in the micro-cap space. Since 2002, the firm has published reports on select companies throughout the year. The firm also hosts the LD Micro Invitational in June. It is a non-registered investment advisor. For more information, please contact 408-457-1042 or visit www.ldmicro.com

[junkHustler]

Great quarter!

GLTA & JMO

[junkHustler]

TIO Reports 2015 Q4 and Annual Financial Results

ACQUISITIONS, MARGIN EXPANSION AND COST CONTROL DRIVE GROWTH AND PROFITABILITY

VANCOUVER, Nov. 24, 2015 /CNW/ - TIO Networks Corp. (TSX-V: TNC) today announced fiscal fourth quarter and full fiscal year 2015 financial results for the period ended July 31, 2015.

Annual and Quarterly financial & business highlights (all figures in CA dollars)

~ Annual Adjusted EBITDA increased by 145% on a year over year (YoY) basis to $3.76M. Q4 Adjusted EBITDA increased sequentially on a quarter over quarter (QoQ) basis by 35% to $1.35M.

~ Annual revenue increased by 23% to 62.5M YoY. Q4 revenues increased QoQ by 2.8% to $13.95M.

~ Annual gross profit increased by 69% to $25,306,782. Q4 gross profit increased by 30% to $7,341,841 as compared to Q4 last year. This includes a cost of sales adjustment that improved gross profit by $733k effected in Q4.

~ Annual gross margin improved to 40% from 29% YoY. Quarterly gross margin increased to 53% from 29% as compared to Q4 last year. Gross margins increased sequentially QoQ from 47% to 53%.

~ Cashflow from operations for the year improved by 228% to $2.98M YoY.

~ During fiscal 2015, the Company processed approximately 54M transactions worth about $6.27B, representing 79.5% YoY transaction growth. In Q4, the company processed 13.8M transactions worth $1.56B representing a 14.2% increase in transactions over the same period last year.

~ The Company Implemented a cost reduction program from April through July resulting in annual savings of $1.48M.

~ During fiscal Q4, the Company announced the acquisition of Softgate Systems Inc., a leading provider of bill payment processing and services to national and regional utility, wireless, and cable bill issuers in North America. Once the acquisition is complete, it is expected that TIO's pro-forma revenues and EBITDA to be greater than $100M and $10M respectively.

~ During fiscal 2015, the Company invested and expensed a record $4.5 million in R&D initiatives to support and drive growth
~ At year end TIO's direct-to-consumer TIO Wallet membership grew to 1.1 million members.

~ Ended the period with $37,983,819 in cash and cash equivalents and restricted cash (including cash held to fulfill bill payment obligations) and no long-term debt

"We achieved record revenue and EBITDA," said Hamed Shahbazi, Chairman and CEO of TIO Networks. "Fiscal 2015 was a year marked by the successful execution of M&A, shared services, cost improvements and R&D initiatives, strengthening TIO's prospects for further growth. We look forward to closing our acquisition of Softgate systems in early 2016 and remain steadfast and focused on organic revenue growth, EBITDA margin expansion and accretive acquisitions."
A conference call to discuss the results will be held Tuesday, November 24, 2014 at 2:00 pm EST, 11:00am PST. To participate in the call please dial 416-847-6330 in Toronto or Toll free, 1-866-530--1533 and request the TIO Conference.

To learn more, visit: www.TIOnetworks.com

About TIO Networks
TIO is a multi-channel cloud-based bill payment processor serving the largest telecom, wireless, cable and utility bill issuers in North America. TIO symbolizes fast, convenient and secure bill payment. Visit: www.TIOnetworks.com. Join the conversation: www.twitter.com/TIOnetworks or like us: http://www.facebook.com/TIOnetworks
The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for its adequacy and accuracy.

[junkHustler]

TIO Networks Corp. (TNC – V)

November 17, 2015

Bringing Banking Options To The Masses

Company Profile
Vancouver-based TIO Networks is a leading North-American focused, multi-channel expedited bill payment processor. The company has over 10 years of experience processing electronic bill payments and currently transacts (pro-forma) over $8B in bill payments annually.

Investment Thesis
TIO is in the process of closing a (we believe) transformational acquisition, which could significantly increase investor awareness of this company, thereby helping to drive a healthy multiple expansion.

Investment Highlights
- TIO’s services are targeted to the unbanked or underbanked, which represents ~28% of households in the US or ~68M individuals. Within this demographic, Payment solutions (i.e. TIO’s focus) represents a market opportunity of ~$8.9B.

- The company’s bill payment processing solutions reach the

“cash-preferred”, unbanked, or underbanked user community at over 70k payment locations across the US.

- TIO’s platform is tied to the accounting back-office of some of the largest utility, wireless and cable providers in North America. In total, the company has over 10,000+ billers in the TIO network, including hundreds with direct back-office integration.

- TIO has a very attractive business model including ~95% revenues transactional/recurring in nature with 50% gross margins and growing.

- The company has augmented its organic growth with acquisitions and is in the process of closing its largest to date (i.e. Softgate Systems), which should take revenues over $100M and EBITDA over $10M. Softgate also significantly increases TIO’s national network of walk-in payment locations and reduces its customer concentration, which has historically been a key risk (top 2 customers goes to ~20% of revenues from well over 50% previously). With its increased scale, we believe TIO could be in a position to attract more direct billers to its network, thereby increasing revenues and margins.

- We also believe TIO’s ability to cross-sell additional services to end-customers as representing an important growth driver.

- For the purposes of our estimates, we are including Softgate given our view of the relatively low deal risk. Based on our pro-forma estimates, TIO is currently trading at 10.4x EV/EBITDA (FY+1), versus the peer group at 13x.

- We are initiating coverage with a Buy rating and $2.15 target price, which is based on 14x FY17e EV/EBITDA.

[junkHustler]

CEO to present at CIX Public Investor Day, November 18, 2015 at MaRS Discovery District, Toronto, ON

TIO Networks Recognized as One of Canada's Most Innovative Public Tech Companies

TORONTO, Nov. 10, 2015 /CNW/ - TIO Networks Corp., (TSX-V: TNC) ("TIO"), North America's leading cloud-based bill payment processor, named one of Canada's 20 hottest and most innovative public tech companies by the Canadian Innovation Exchange (CIX).

The CIX selection committee determined this elite group of companies after evaluating all Canadian small and mid-cap publicly traded technology companies and rating them on their business model, depth of management, market opportunity, and quality of product or services.

"We are honoured to be recognized alongside some of Canada's most progressive companies who are leading innovation in both finance and technology," said Hamed Shahbazi, CEO of TIO Networks. "TIO prides itself on leveraging technology to provide underserved consumers in North America with access to high quality, safe and affordable last minute bill payment services."

TIO will present its strategy on how it's building significant scale in its transaction volumes and disrupting the US consumer bill payment market with its next-generation omni-channel experience. The conference is designed to connect small and mid-market Canadian public technology companies with the investment community.

Investors in the audience have the opportunity to message and pre-book meetings with the company CEOs through CIX's exclusive CONNECT software.

For information on the event, visit www.publicinvestorday.com. For more information on TIO visit www.tionetworks.com.

About TIO Networks
TIO Networks is a leading cloud-based bill payment processor serving the largest telecom, wireless, cable, and utility bill issuers in North America with innovative payment solutions across multiple channels. With more than 70,000 endpoints serving up tens of millions of transactions per year, TIO symbolizes fast, convenient and secure bill payment services.

Visit www.TIOnetworks.com or join the conversation on Twitter and Facebook.

About Canadian Innovation Exchange
The Canadian Innovation Exchange (CIX) is a leading technology innovation destination where investors, innovative companies, entrepreneurs and facilitators converge to drive economic growth and accelerate the development and implementation of new ideas.

This forum attracts the key players behind Canadian's innovative technology products and services in order to learn from each other, meet and pursue customer partnerships and investment relationships, and encourage the development of innovative technology that will be an integral part of Canada's economic growth.

[junkHustler]

And again.. Starting to sound like a broken record, but..

A NEW 52 WEEK HIGH.

LOL

GLTA & JMO

[junkHustler]

And a new 52 week high again today.

Heading to $2.

GLTA & JMO

[junkHustler]

Make that $1.76

Next stop $2.

GLTA & JMO

[junkHustler]

New 52 week high.. again. $1.71

This is getting boring. LOL

Weeeeeeee.

GLTA & JMO

[junkHustler]

Nice day today. :)

[junkHustler]

Found this tweet from Penderfund Capital:

Thanks to @Chsgo, $TNC, @TIONetworks CEO Hamed Shahbazi for speaking at the Pender Investment Ideas Lunches in Alberta this week.


Hang on folks.. should be good.

GLTA & JMO

[junkHustler]

TIO Networks gets “Buy” rating at Haywood
OCTOBER 15, 2015 BY NICK WADDELL

TIO Networks’ (TSXV:TIO) M&A activitiy is driving growth for the company, says Haywood analyst Pardeep Sangha.

In a research report to clients Tuesday, Sangha initiated coverage of TIO with a “Buy” rating and one-year target price of $2.30, implying a return of 62% at the time of publication.

In July, TIO Networks announced it would acquire consumer retail bill payment solutions Softgate Systems for approximately (U.S.) $31-million. The company said the deal would position TIO as the largest North American provider of walk-in bill payment services and increase its revenue number to over (C) $100-million.

Sangha says the acquisition of Softgate is “transformative” and believes the capital markets will respond when the deal is closed, as it immediately positions TIO as the leader in walk-up bill payment services. The analyst compared the company’s current valuation to that of its peers.

“We believe TIO is undervalued considering its strong revenue and Adjusted EBITDA expectations for 2016,” says Sangha. “We believe additional acquisitions and new biller announcements are potential catalysts for future share price appreciation. TIO is currently trading at 0.8x EV/Revenue and 7.9x EV/EBITDA based on calendar 2016 estimates, compared to its financial services peer group average of 2.2x EV/Revenue and 8.6x EV/EBITDA and Canadian software comparables at 4.0x EV/Revenue and 14.1x EV/EBITDA.”

At press time, shares of TIO Networks on the TSXV were up 8.1% to $1.46.

[junkHustler]

Great week here. Very great.

And next few weeks should continue to put a spotlight on TIO.

http://events.r20.constantcontact.com/register/event?oeidk=a07ebftqztk20761a02&llr=hf6el7uab

GLTA & JMO

[junkHustler]

TNC.V - TIO Networks on BNN
Tue, Sep 29, 2015 - 10:45 AM

Hamed Shahbazi, CEO, TIO Networks joins BNN to discuss the company's growth strategy, recent acquisition of Softgate Systems, and how it's competing with heavyweights like PayPal.

Small-cap watch: Does TIO Networks fit the bill?

http://www.bnn.ca/Video/player.aspx?vid=715628

GLTA & JMO

[junkHustler]

Wow! What a day. Up 25% with volume and a new 52 week high.

What a day today!

GLTA & JMO

[junkHustler]

New 52 Week High.

And closed at the new HOD / 52 Week

Good times ahead.

GLTA & JMO

[junkHustler]

Things are lookin good here folks!

:)

GLTA & JMO

[junkHustler]

TIO Networks One of Canada's Fastest-Growing Companies in 2015 PROFIT 500 Listings

TIO ranked 352 out of the top 500 fastest growing Canadian companies

VANCOUVER, Sept. 18, 2015 /CNW/ - TIO Networks, (TSX-V: TNC) ("TIO"), North America's leading cloud-based bill payment processor, today announced ranking 352 out of the 500 fastest growing companies in Canada.

The rankings come from Canadian Business and PROFIT's annual business rankings based by their revenue growth over five years. TIO made the 2015 PROFIT 500 list with five-year revenue growth of 137%.

"The PROFIT 500 represent the highest tier of entrepreneurialism in Canada," says James Cowan, Editor-in-chief of PROFIT and Canadian Business. "They should be lauded for the positive economic contributions they've made to their communities—and the entire country. They are examples of what can be accomplished with innovation, discipline and determination."

"It is an honour for the entire TIO team to be listed in this year's PROFIT 500," said Hamed Shahbazi, CEO of TIO Networks. "TIO has had a monumental year. We demonstrated that we can cut costs, grow revenues, expand our EBITDA profit and get transformational deals done all at the same time. We are committed to building a hyper-profitable, technology enabled payments powerhouse in North America."

About PROFIT and PROFITguide.com
PROFIT: Your Guide to Business Success is Canada's preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 33 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.

About TIO Networks
TIO is a multi-channel cloud-based bill payment processor serving the largest telecom, wireless, cable, and utility bill issuers in North America. With more than 70,000 endpoints, TIO symbolizes fast, convenient and secure bill payment services.

[junkHustler]

TIO Networks Announces the Launch of "Express inSight"

~ Express inSight launches as a dedicated SaaS based utility application that improves customer retention, Average Revenue Per User (ARPU) and Net Promoter Scores (NPS) for wireless carriers and their dealers.

~ Express inSight is based on technology developed by Toronto based Statflo Inc. TIO has made a strategic investment in Statflo in addition to entering into a strategic VAR agreement.

~ TIO currently serves multiple wireless carriers and over 10,000 dealer doors processing well over USD $1 billion in customer payments at these locations annually.

~ TIO will look to bundle Express inSight with other "Express" products in its growing channel of wireless carriers and dealers.

~ With Express inSight, TIO is expanding its scope from a payment partner to provide new, value-added services that help wireless carriers and their network of dealers increase and maintain profitability.

~ Express inSight software has proven to increase customer retention and the protection of residuals/commissions by over 75%.

VANCOUVER, Sept. 16, 2015 /CNW/ - TIO Telecom Solutions group, a division of TIO Networks, (TSX-V: TNC) ("TIO"), North America's leading cloud-based bill payment processor, announced today the launch of Express inSight, a new dynamic SaaS utility application designed to give wireless carriers and their networks of dealers and retailers a ground breaking tool to suppress user churn and augment NPS scores.

Express inSight uses existing carrier and POS data to help each wireless dealer monitor activity and anticipate the needs of their customers to help increase contract renewals, improve NPS scores, and identify new revenue earning opportunities. With Express inSight, dealers can easily track their commissions earned and better target their customers with meaningful, personalized information and product/service offerings using SMS surveying, Smart Call Lists™ and funnel management tools designed to increase ARPU.

Express inSight leverages powerful data reporting and information gathering tools supplied by Toronto based Statflo Inc., with whom TIO signed a strategic alliance agreement and concurrently made a minority investment. Express inSight will launch as a premier service offering for TIO's recently announced Telecom Solutions Group, focused on a diverse range of innovative product and service offerings for the telecom industry.

"As the wireless industry matures and the industry spends significant resources to acquire and retain customers, tools such as Express inSight provide a distinct competitive advantage for carriers and dealer networks who embrace them." said Hamed Shahbazi, CEO of TIO Networks. " We are excited to announce the launch of Express inSight in conjunction with the

TIO and Statflo partnership. This relationship will leverage Statflo's strengths in developing data driven tools designed to help wireless carriers and their dealers improve customer service and develop long lasting relationships with their customers."

"The wireless industry has seen substantial change recently, with the shift away from long-term contracts and customers demanding a better customer experience," said Kevin Gervais, CEO of Statflo Inc. "We are pleased to be working with TIO Networks to empower carriers and their dealers with invaluable tools to improve retention and encourage new sales."

TIO's strategic investment in Statflo Inc. includes a value added reseller agreement that offers TIO the exclusive right to sell the software solutions into key components of its channel.

"Last week, we announced the formation of the TIO Telecom Solutions division; this partnership with Statflo Inc. and the launch of Express inSight is the first of what we anticipate to be multiple incremental service offerings for the group," said Chris Ericksen, CRO of TIO Networks and Head of TIO Telecom Solutions. "It is our objective to deliver technology and data driven products and services designed to encourage revenue growth, improve subscriber retention, and enhance customer service. Express inSight offers TIO the opportunity to enhance and add value to our existing telecom relationships, while simultaneously creating opportunities for TIO to forge relationships with new telecom providers."

About TIO Telecom Solutions
TTS is a division of TIO Networks Corp. dedicated to serving wireless, cable and other network operators and their network of dealers, retailers and agents with leading edge payments and software services. TTS' overarching objective is to help its customers drive enhanced customer retention and revenue growth.

About TIO Networks
TIO is a multi-channel cloud-based bill payment processor serving the largest telecom, wireless, cable, and utility bill issuers in North America. With more than 70,000 endpoints, TIO symbolizes fast, convenient and secure bill payment services.

[junkHustler]

TIO Networks to present at 10th Annual Singular Research Investor Conference on September 17, 2015

VANCOUVER, Sept. 14, 2015 /CNW/ - TIO Networks Corp., (TSX-V: TNC) ("TIO"), North America's leading cloud-based bill payment processor, announced today that Hamed Shahbazi, Chairman and CEO will be presenting at the Singular Research 10th Annual "Best of the Uncovereds" Conference at 3:00 p.m. (California Track) on Thursday, September 17th at the Luxe Sunset Boulevard Hotel in Los Angeles. To request a one-on-one investor meeting with Mr. Shahbazi attendees can contact John Lewis, Bus Dev. TIO Networks: [e-mail], 416-523-7086.

ABOUT SINGULAR RESEARCH
Singular Research aims to be the most trusted supplier of independent, trusted, single-source research on small-to-micro cap companies to the small-to-medium sized Hedge Fund manager. For more information about Singular Research, please visit http://www.singularresearch.com.

ABOUT TIO NETWORKS
TIO is a multi-channel cloud-based bill payment processor serving the largest telecom, wireless, cable, and utility bill issuers in North America. With more than 70,000 endpoints serving up tens of millions of transactions per year, TIO symbolizes fast, convenient and secure bill payment services.

[junkHustler]

Nice to see insiders putting more real skin in the game here.

400K by the CEO is nothing to sneeze at.

Nice work fellas.

GLTA & JMO

[junkHustler]

TIO Networks Closes Non-Brokered Private Placement

VANCOUVER, Sept. 10, 2015 /CNW/ - TIO Networks Corp. (TSX-V: TNC) ("TIO" or "TIO Networks" or the "Company"), is pleased to announce it has closed the non-brokered private placement in the amount of $2,174,000 representing 2,012,957 common shares. The Company has received all necessary approvals required to finalize this placement. The shares are subject to resale restrictions for a period of 4 months from today's date.

Prior to announcing the Softgate acquisition, TIO had signed a non-binding term sheet with a debt financier that provided the Company with a commitment for funding of up to $10M USD in debt financing subject to final due diligence. This term sheet required that TIO execute an equity placement of at least $1.5M USD to be subscribed by members of the Company's management and board only. This private placement fully satisfies this condition and positions the company to close the Softgate transaction once all regulatory approvals have been obtained.

Twelve members from TIO's management team participated in this private placement and invested $844,000 CAD or 39% of the total offering led by the CEO who was the largest placee from the management team with an investment of $400,000 CAD. The largest overall placee in the financing was Core Innovation Capital who purchased a further $1.33M CAD worth of shares. There were no other placees other than Core Innovation Capital and TIO's management team. Core Innovation Capital participated in this financing on the same terms and conditions as the other placees, except for the renewal of their existing Shareholder Rights Agreement.

"This private placement transaction not only satisfies our equity funding requirements under our current debt funding term sheet but it also demonstrates confidence by TIO's management team, the Board of Directors and the Company's largest shareholder in the Company's overall business plan which includes the acquisition of Softgate Systems, Inc." said Hamed Shahbazi, CEO of TIO Networks. "We look forward to finalizing the acquisition and demonstrating our continued growth and profitability".

The Company did not pay any fees to any parties in connection with this placement.

About TIO Networks
TIO is a multi-channel cloud-based bill payment processor serving the largest telecom, wireless, cable and utility bill issuers in North America. With more than 70,000 endpoints, TIO symbolizes fast, convenient and secure bill payment. Visit: www.TIOnetworks.com. Join the conversation: www.twitter.com/TIOnetworks or Like us: http://www.facebook.com/TIOnetworks

[junkHustler]

TIO NETWORKS ANNOUNCES FORMATION OF TIO TELECOM SOLUTIONS (TTS)

Tio Networks Corp. has formed Tio Telecom Solutions (TTS), a new division solely focused on servicing the specific needs of network operators such as wireless, cable, and other telecom/TV providers and their authorized retail-based dealers. While Tio has already been highly successful in providing private-labelled, bill payment solutions in the telecom marketplace, this new division broadens its focus to provide products and services that include offerings that service needs outside the payment space.

"Tio is very excited to announce TTS and this new focus on the telecom industry, bringing new products and services that will meet the growing needs of wireless carriers and their stakeholders," said Hamed Shahbazi, chief executive officer of Tio Networks. "For over 12 years, Tio has been a primary supplier of bill payment solutions to North America's telecom providers. Tio is using its deep relationships within the industry to drive the adoption of new products and services that can be helpful to its channel."

Tio's chief revenue officer, Chris Ericksen, will lead TTS. "The United States wireless industry is valued at nearly $196-billion, and is a highly competitive and dynamic industry," said Mr. Ericksen. "Wireless carriers and authorized dealers are always looking for ways to reduce customer churn and improve ARPU (average revenue per user), but with the growing demand for no contract plans, number portability and unlocked mobile devices, customer retention and loyalty becomes increasingly challenging. This is a perfect environment for the talented staff at TTS to roll out best in class payments and software solutions to give our partners a leg up on the competition."

"TTS will actively seek out alliances, strategic investments, and mergers and acquisitions opportunities that we believe will help us grow and our customers win," said Mr. Shahbazi. "We are excited to broaden our focus to offer new solutions for the telecom industry."

About Tio Telecom Solutions
TTS is a division of Tio Networks dedicated to serving wireless, cable, and other network operators and their network of dealers, retailers and agents with leading-edge payments and software services. TTS's overarching objective is to help its customers drive enhanced customer retention and revenue growth.

[junkHustler]

TIO Networks Announces Non-Brokered Private Placement
Monday 17 August 2015

VANCOUVER, Aug. 17, 2015 /CNW/ - TIO Networks Corp. (TSX-V: TNC) ("TIO" or "TIO Networks" or the "Company"), is pleased to announce it has initiated a non-brokered private placement of up to 2.1M Common Shares priced at $1.08 CAD per share for total gross proceeds of up to $2,200,000 CAD. Proceeds from this private placement will be used for general working capital purposes.

This placement has been entirely subscribed to by certain members of TIO's Management team and Board of Directors (including their close family members or companies). The placement is exempt from shareholder approval in accordance with MI 61-101 (Protection of Minority Security Holders in Special Transactions).

The shares will be subject to resale restrictions for a period of four months from the closing date under applicable securities legislation. Completion of the private placement will be subject to a number of conditions including the approval of the TSX Venture Exchange.

To learn more, visit: www.TIOnetworks.com

About TIO Networks
TIO is a multi-channel cloud-based bill payment processor serving the largest telecom, wireless, cable and utility bill issuers in North America. With more than 70,000 endpoints, TIO symbolizes fast, convenient and secure bill payment. Visit: www.TIOnetworks.com. Join the conversation: www.twitter.com/TIOnetworks or Like us: http://www.facebook.com/TIOnetworks

[junkHustler]

Nice day today.. on light volume.

When real volume pours in we should see .10+ increases as a regular occurrence. Some analysts have a price target of $2.75 here which would provide some nice upside at these levels.

GLTA & JMO

[junkHustler]

What a day. New 52 week high on over 800K in volume.

Looking forward to the next few weeks and the next quarterlies.

$2 on the horizon.


GLTA & JMO

[junkHustler]

http://m.seekingalpha.com/article/3327485-tio-networks-takes-a-giant-step-forward-with-its-acquisition-of-softgate-systems

GLTA & JMO

[junkHustler]

BUY rating and increasing our TP to $2.75 (from $2.00)

TIO NETWORKS CORP. TIO Networks to Acquire Softgate Systems; Transformational Deal (increasing TP)

TNC announced that it will acquire New Jerseybased Softgate Systems for a total transaction value of ~US$31M.

We are maintaining our BUY rating and increasing our TP to $2.75 (from $2.00).

BOTTOM LINE Transformational Deal is Positive.

This transformative and accretive deal creates the largest North American provider of walk-in bill payment services with a pro-forma revenue run-rate of $100M and EBITDA of $10M vs our F2016E of $67M and $8M, respectively. Softgate should add US$37M in revs and US$5M in EBITDA to TIO’s business.

FOCUS POINTS

Immediate Scale. Combined companies processed 70M+ transactions worth US$8B+ in the LTM (vs TIO at ~52M and ~US$6B, respectively).

Plugs a Geographic Hole in the Network. Softgate gives TIO a nice footprint in the northeast US.

F2017E Pro-Forma Looks Interesting. With further revenue and cost synergies, we believe TIO can drive pro-forma F2017E revs of ~$120M and EBITDA of ~$20M.

Key Biller Additions. Softgate’s billers include AT&T, Verizon, Capital One, Dish Network, DirecTV, Comcast, Cablevision, Reliant, Direct Energy, JCP&L, Sprint, T-Mobile and many others.

Ralph Garcea, MBA, P.Eng. [e-mail] [phone] Sales/Trading — Toronto: [phone], [phone]

Read more at http://www.stockhouse.com/companies/bullboard/v.tnc/tio-networks-corp#OBBxVoFMjfqyysHM.99

[junkHustler]

Great day on news of an accretive and transformational acquisition.

Heavy volume, up 16% touching on a new 52 Week High.

Analysts will be putting out new price targets soon, likely 2-3$ range.

That should put more eyes and volume on this one for the next 6 months.

GLTA & JMO

[junkHustler]

TIO Networks to Acquire Softgate Systems, Inc.

- Transformative acquisition creates the largest North American provider of walk-in bill payment services with a pro-forma revenue run-rate of over CAD$100 million in revenues and CAD$10 million in EBITDA
- Highly accretive transaction will drive USD$37 million in incremental revenue and USD$5 million in incremental EBITDA to TIO's business
- Combined companies processed more than 70 million transactions worth more than USD$8 billion in last 12 months
- Softgate Systems, Inc. is a licensed money transmitter in 46 states and the District of Columbia
- Edison Partners and Napier Park Global Capital join TIO as shareholders and nominate board members to TIO's Board of Directors

VANCOUVER, British Columbia and FAIRFIELD, N.J., July 14, 2015 /PRNewswire/ -- TIO Networks Corp., (TSX-V: TNC) ("TIO"), North America's leading cloud-based bill payment processor, today announced it entered into an arm's length agreement (the "Acquisition Agreement") to acquire Softgate Systems, Inc. ("Softgate"), a New Jersey corporation and a leading provider of consumer retail bill payment solutions. The acquisition is expected to close later this year subject to satisfying applicable regulatory approvals and satisfaction of customary closing conditions.

Total value of the transaction is approximately USD$31 million consisting of: (i) A cash component of up to USD$5 million; (ii) A USD$5 million promissory note (subject to adjustment); (iii) issuance of 25 million TIO shares to the Softgate Shareholders; and (iv) assumption of approximately USD$2.5 million of net debt based on balance sheet at signing.

The transaction is transformational and positions TIO as the largest North American provider of walk-in bill payment services, through its wholly owned subsidiaries which would include Softgate, as well as making TIO one of the leading providers of payment processing and receivables management to national and regional utility, wireless, and cable bill issuers in North America. With the addition of Softgate, TIO will have an augmented national platform from which to provide extensive non-bank financial services to the unbanked, under-banked, and unhappily banked millennial population.

On a pro-forma basis the combined companies have trailing 12-month revenues of more than CAD$100 million. Softgate's calendar year 2014 revenues grew 18% to USD$36 million as compared to the previous year. TIO expects that the enhanced processing scale of the combined companies as well as revenue and integration synergies will generate USD$5 million in incremental EBITDA per year.

"We're very excited to welcome Softgate as well as its valued management, employees, partners and clients to the TIO Family," said Hamed Shahbazi, CEO of TIO Networks. "TIO and Softgate have been commercial partners for more than eight years, and we have been very impressed with how the company has evolved and built a well-diversified national network of walk-in locations. This is a significant step for TIO and will be a launching point to bring our services to a much larger segment of the United States. TIO and Softgate was always a natural combination based on our cultural alignment and our years of commercial collaboration."

"We're excited to join forces with TIO and create a new emerging competitor in the multi-channel bill payment and receivables processing marketplace," said Rick Auletta, CEO of Softgate. "We look forward to working with the TIO team to meet the growing financial needs of bill issuers across the country. Between our respective competencies, it is clear that both TIO's and Softgate's customers will really benefit from the skill and scale enhancements brought about by this unique combination."

In addition, TIO has agreed to appoint Joe Allegra from Edison Partners and Steve Piaker from Napier Park Global Capital to its board upon the closing of the transaction.

"We're looking forward to joining TIO's board and helping the company continue its growth path. TIO's team has shown a strong ability to allocate capital smartly and grow shareholder value," said in a statement issued by Joe Allegra and Steve Piaker.

Financial Technology Partners LP and FTP Securities LLC served as exclusive financial and strategic advisor to Softgate in this transaction.

A conference call to discuss the acquisition will be held today, Tuesday July 14 at 1:30 pm EST, 10:30am PST.

To participate in the call please dial 416-204-9498 in Toronto or Toll free 1-800-505-9573 and request the TIO Networks Conference ID 1510775.

About TIO Networks
TIO is a multi-channel cloud-based bill payment processor serving the largest telecom, wireless, cable, and utility bill issuers in North America. With more than 70,000 endpoints, TIO symbolizes fast, convenient and secure bill payment services.

Visit http://www.tionetworks.com or join the conversation on Twitter and Facebook.

About Softgate Systems
Softgate provides reliable walk-in bill payment, domestic and international prepaid wireless, prepaid long distance, international top-ups and international bill payments through their PayXchange service. Established in 1993, Softgate connects world-class service providers and consumers through one of the largest networks of independent retail-based payment centers in the US.

[junkHustler]

From baystreet.ca

TIO Networks Reports Q3 Results

Late last year, Lans Holdings Inc. shared its outlook for the payment processing industry. According to Lans, the electronics payments industry is continuing to grow throughout the world.

Lans Holdings believes that with the revolution of digital currency, mobile payments, and digital wallets, it is crucial for merchants that they are able to reach their consumers in an effective way. Lans Holdings further noted that the growth of electronic payments has meant that digital payment processing is now reaching end customers who do not hold bank accounts. It is also facilitating fast and efficient sale of goods and services for small businesses.

Lans Holdings believes that it is a good time to enter into the digital payment space. Indeed, if results of payment processors like TIO Networks Corp. (TSX-Venture:TNC) is anything to go, it certainly looks like a good time to enter the digital payment space.

Based in Vancouver, TIO Networks is a technology company that focuses on processing bill payment transactions through a secure Internet enabled platform. This morning, the company reported its financial results for the third quarter of fiscal 2015. For the quarter ended April 30, 2015, TNC reported revenue of $13.56 million, up from $12.92 million reported for the same period in the previous year.

TNC’s gross profit for the quarter came in at $6.32 million, compared to $4.45 million reported for the same period in the previous year. Adjusted EBITDA for the quarter was $1 million, compared to $405,000 reported for the same period in the previous year.

TNC reported net income of $24,056 for the quarter ended April 30, 2015. This compares to a loss of $242,693 reported for the same period in the previous year.

TNC’s third-quarter results benefited from M&A synergies, cost control and growth in gross profit. The company believes that all of these factors drove net profitability.

Commenting on the third-quarter results, Hamed Shahbazi, Chairman and CEO of TIO Networks, said that the company is executing on its M&A synergies and related cost reduction strategies and it’s paying off. Shahbazi further said that the company has experienced record performance in adjusted EBITDA, the strongest in its history. He added that all of TNC’s acquired entities, including its core business recorded meaningful improvements in profitability in the quarter ended April 30 and the company has made strong progress with its platform consolidation and shared services initiatives.

[junkHustler]

TIO Reports Q3 Fiscal 2015 Financial Results

M&A Synergies, Cost Control and Growth in Gross Profit Drive Net Profitability

VANCOUVER, June 29, 2015 /CNW/ - TIO Networks Corp. (TSX-V: TNC) today announced fiscal third quarter 2015 financial results for the period ended April 30, 2015.

Quarterly and 9 month financial & business highlights

~ Quarterly Adjusted EBITDA increased by 147% YoY (year over year) and 88% sequentially QoQ (quarter over quarter) to $1M
~ Revenue increased 5% YoY to $13,568,328
~ Quarterly Gross profit increased 42% YoY and 7% QoQ to $6,317,961
~ Quarterly Gross margin increased YoY to 46.6% from 34.4%
~ Quarterly Transactions increased 149% YoY to 13.3 million worth $1.59 billion
~ Quarterly Operating Cash Flow increased 67% YoY to $495,000
~The Company recorded its largest quarterly investment in R&D ever at more than $1.2M (all fully expensed)
~ Finished the period with $35,841,426 in cash and cash equivalents and restricted cash (including cash held to fulfill bill payment obligations) and no long-term debt

*Adjusted EBITDA is a non-IFRS measure - earnings before interest, tax, depreciation and amortization, stock-based compensation, and non-recurring transaction and restructuring expenses

"We are executing on our M&A synergies and related cost reduction strategies and its paying off", said Hamed Shahbazi , Chairman and CEO of TIO Networks. "We experienced record performance in adjusted EBITDA, the strongest in the company's history. All our acquired entities including TIO's core business recorded meaningful improvements in profitability this past quarter. We made strong progress with our platform consolidation and shared services initiatives. When fully implemented these initiatives will make the Company a financially strong competitor in the receivables management and bill payment processing industries."

A conference call to discuss the results will be held on Monday June 29, 2015 at 1:30 p.m. EST. To participate please dial, 416-260-0113 in Toronto or Toll free, 800-524-8950 and request the TIO Networks Conference.

TIO NETWORKS CORP.
TIO is a cloud based multi-channel payment processor focused on serving up bill payments for the largest wireless, utility, cable and rent bill issuers in North America. With more than 69,000 physical location endpoints and 24 mobile and web programs to its bill payment processing network, TIO symbolizes fast, convenient and secure access to high quality bill payment services. Please visit www.tionetworks.com

[junkHustler]

TIO Networks 2015 Q3 Earnings Notice and Conference Call

VANCOUVER, June 23, 2015 /CNW/ - TIO Networks Corp., (TSX-V: TNC), intends to release 2015 Q3 financial results for the period ended April 30, 2015, before market opening on Monday June 29, 2015.
A conference call to discuss the results will be held the same day at 1:30 pm EST, 10:30am PST.

To participate in the call please dial 416-260-0113 in Toronto or Toll free, 1-800-524-8950 and request the TIO Conference.

TIO Networks Corp, (TSX.V: TNC) is a cloud based multi-channel bill payment processor serving the largest telecom, wireless, cable and utility network operators in North America. With more than 65,000 physical location endpoints to its bill payment processing network, TIO symbolizes fast, convenient and secure access to high quality bill payment services. Please visit www.tionetworks.com

[junkHustler]

The MACD for TNC currently provides a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9-day moving average. Second, the MACD is above the critical level of 0 which means that the underlying moving averages are trending higher.

Shes heading up..

GLTA & JMO

[junkHustler]

Nice action today..

.95 HOD

Could close higher.

GLTA & JMO

[junkHustler]

.90 HOD close..

Looks like PI Financial scooped up and crossed 750K shares.

Not too shabby.

GLTA & JMO

[junkHustler]

Nice move today.. Back in to the .80's with CantorFitzgerald buying.

They put out a target of $2 here. Long and strong TIO.

GLTA & JMO

[junkHustler]

TIO Networks Surpasses One Million Direct Members

VANCOUVER, British Columbia and SAN FRANCISCO, March 30, 2015 /PRNewswire/ -- TIO Networks Corp., (TSX-V: TNC) ("TIO"), North America's leading cloud-based bill payment processor is proud to announce that as of Jan. 31, there were more than 1.03 million registered members in its direct-to-consumer user base.

This milestone was achieved through a combination of TIO's consumer facing bill pay channels, including TIO MobilePay iOS and Android apps, TIO PayStation kiosks, and online registered accounts through ChargeSmart.com, where end-users create and manage a virtual account with access to pay thousands of different bills in a variety of convenient ways.

"The underbanked have traditionally not been the benefactors of leading edge technology. Too often they have had to deal with sub-optimal tools and user experience options when conducting basic financial services transactions such as bill payments," said Hamed Shahbazi, CEO of TIO Networks. "TIO and ChargeSmart's cloud-based account features enable customers to access their payment details anytime, anywhere and from almost any device. We've received tremendous feedback and support for our direct-to-consumer program and intend on growing by providing members with access to more services and conveniences."

TIO built its core business as a third party processor that facilitates bill payments for some of the largest bill issuers in North America. Between Nov. 1, 2014 and Jan 31, 2015, TIO's total payment volume, which includes all direct-to-consumer and private labeled programs, generated 12 million transactions worth more than $1.29 billion in payments. During the same period, TIO's direct-to-consumer lines of business processed 217,000 transactions worth more than $63 million US representing more than 123 percent growth in transactions and 669 percent growth in proceeds on a year over year basis. The majority of the growth was driven by TIO's acquisition of ChargeSmart.com in August 2014. Thus far, TIO's direct-to-consumer program is available only in the United States.

The financially underserved marketplace is large and growing. A 2014 market sizing study by the Center for Financial Services Innovation (CFSI) concluded that, in 2013, the financially underserved market in the United States generated approximately $103 billion in fees based on financial product and services volume of $1.3 trillion. Market revenue grew by 7.1 percent from 2012 to 2013 and was forecasted to grow by 4.6 percent in 2014.

About TIO Networks
TIO Networks is a multi-channel cloud-based bill payment processor serving the largest telecom, wireless, cable, and utility bill issuers in North America. With more than 70,000 endpoints, TIO symbolizes fast, convenient and secure bill payment services. Visit www.tionetworks.com or join the conversation on Twitter and Facebook.

[junkHustler]

TIO Reports Q2 Fiscal 2015 Financial Results

53% REVENUE GROWTH AND RECORD GROSS MARGINS IN Q2. THE COMPANY IS WELL POSITIONED FOR CONTINUED GROWTH AND IMPROVED PROFITABILITY.

VANCOUVER, March 30, 2015 /CNW/ - TIO Networks Corp. (TSX-V: TNC) today announced fiscal second quarter 2015 financial results for the period ended January 31, 2015.

Quarterly financial & business highlights
~ Revenue increased 53% YoY (year over year) to $15,307,508
~ Gross profit increased 103% YoY to $5,905,878
~ Gross margin increased YoY to 38.6% from 29.2%
~ Processed more than 12 million transactions worth about $1.29 billion representing 132% YoY transaction growth
~ Finished the period with $36,352,119 in cash and cash equivalents and restricted cash (including cash held to fulfill bill payment obligations) and no long-term debt

TIO's direct-to-consumer membership surpassed the 1 million-member mark and ended the quarter with 1.03M end-user registrations. This number includes all end users registered in the Company's "TIO" and "ChargeSmart" branded consumer bill payment programs

The Company has maintained its highest level of R&D and IT investment ever at $1.1M designed to support the expansion of large customers and accomplish key integration milestones

TIO experienced continued success with its investments to support the integration and migration efforts of its largest billing partner to the extent that this transition is proceeding ahead of schedule and will be substantially complete before the end of FY 2015
Subsequent to the end of the quarter, the company initiated and began to realize a number of acquisition related synergies and other expense reductions worth approx. $1.5M per year in savings scheduled to be completed by the end of the fiscal year.

*Adjusted EBITDA is a non-IFRS measure - earnings before interest, tax, depreciation and amortization, stock-based compensation.

"We had another strong quarter as positioned by the significant organic and inorganic growth experienced in the last 12 months," said Hamed Shahbazi, Chairman and CEO of TIO Networks. "In the second quarter, we maintained record investment levels and made significant progress towards our integration milestones. We are now realizing real synergies and positioned well to unlock the value of our combined businesses. "

A conference call to discuss the results will be held on Monday, March 30, 2015 at 1:30 p.m. EST. To participate please dial, 416-644-3426 in Toronto or Toll free, 800-731-5319 and request the TIO Networks Conference.

TIO NETWORKS CORP.
TIO is a cloud based multi-channel payment processor focused on serving up bill payments for the largest wireless, utility, cable and rent bill issuers in North America. With more than 65,000 physical location endpoints to its bill payment processing network, TIO symbolizes fast, convenient and secure access to high quality bill payment services. Please visit www.tionetworks.com

[junkHustler]

We're cookin now.. Should be an interesting Monday. :)