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The latest update is out from Rmr Science Technologies ( (TSE:TTGI) ).
Turnium Technology Group reported fiscal first-quarter 2026 results that reflected seasonal revenue softness but improving profitability metrics as it executes a strategic pivot toward solutions-led offerings. Revenue slipped to $2.0 million from the prior quarter, while gross margin improved to $1.18 million and adjusted EBITDA loss narrowed year over year, even as operating expenses rose and net comprehensive loss contracted to $2.97 million.
The company closed the $5.73 million acquisition of substantially all assets of Sydney-based Insentra and its U.S. and U.K. affiliates, a deal expected to more than triple annual revenue to between $28 million and $32 million and lift EBITDA based on the March 2026 run-rate. Turnium, which is also divesting its Tenacious Networks assets, issued upbeat guidance for the second quarter and the next 12 months, signaling that the Insentra integration and portfolio reshaping are central to its ambition of reaching $100 million in revenue and $20 million in EBITDA by 2027.
More about Rmr Science Technologies
Turnium Technology Group Inc., listed on the TSX Venture Exchange and Frankfurt Stock Exchange, operates as a global Technology-as-a-Service and partner enablement provider. The Vancouver-based company focuses on solutions delivered through IT service provider partners, and is shifting from a product-based model to a solutions-driven business, targeting rapid scale in managed IT and advisory services.
Average Trading Volume: 161,702
Technical Sentiment Signal: Hold
Current Market Cap: C$16.46M
Learn more about TTGI stock on TipRanks’ Stock Analysis page.