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Turnium Technology Group Reports Fiscal 2024 Results and Strategic Shift

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Turnium Technology Group Reports Fiscal 2024 Results and Strategic Shift

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Rmr Science Technologies ( (TSE:TTGI) ) has issued an announcement.

Turnium Technology Group Inc. has reported its fiscal 2024 financial results, highlighting a strategic shift from a single product focus to a solutions-focused enterprise. This transformation was marked by the acquisition of Claratti Pty Ltd, enhancing Turnium’s product offerings and technical capabilities. The company has also streamlined operations, resulting in significant cost savings. Looking forward, Turnium aims to achieve $100 million in revenue and $20 million in EBITDA by 2027, focusing on scalability and global adoption through strategic collaborations and acquisitions.

More about Rmr Science Technologies

Turnium Technology Group Inc. is a leading provider of Technology as a Service (TaaS), delivering services through a global network of over 70 channel partners, direct sales under the Tenacious Networks brand in Canada and the U.S., and via Claratti in Australia and the Asia-Pacific region.

YTD Price Performance: -40.0%

Average Trading Volume: 141,532

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$4.75M

See more insights into TTGI stock on TipRanks’ Stock Analysis page.

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