In the second half of 2023, Tekumo reported revenue of $2.23 million, achieving an annualized revenue run rate above $5 million in Q4.Significantly, the Company reported positive net ordinary income in Q4.
Phillip Dignan, President & CFO states, “The first quarter of 2024 continues to show impressive year-over-year growth. We have integrated a managed services division that has signed multiple contracts scheduled to begin in early Q2.”
Mr. Dignan continues, “We have also reduced our convertible debt balance by over $400K, continuing to improve our long term balance sheet.”
We encourage you to read our annual financial statements and notes for the year ended December 31, 2023, filed March 14, 2024 with OTC Markets.
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