eResearch

NEW UPDATE REPORT – Turnium’s FQ2/2026 Delivers: First Combined Platform Quarter in Line, Focus Shifts to Integration and Cost Optimization

May 25, 2026 Chris Thompson

We have published an Update Report on Turnium Technology Group (TSXV: TTGI | FSE: E48), a Vancouver-based Technology-as-a-Service (TaaS) provider. FQ2/2026 delivered revenue of $6.44M, in line with estimates, marking the first full quarter consolidating TNSI, Claratti, and Insentra. Management reaffirmed revenue guidance of $28M–$32M for the 12 months from March 1, 2026. Post-quarter, Insentra secured two six-figure U.S. enterprise engagements, validating its channel-led growth model. A cost optimization program targeting $1.2M–$2.4M in annualized SG&A reductions has been initiated. We maintain a Speculative Buy rating and increase the 12-month target price to $0.35 per share. [more]

NEW UPDATE REPORT – Turnium’s Insentra Acquisition Triples Revenue Run-Rate and Sets Path to Profitability

April 30, 2026 Chris Thompson

We have published an equity research Update Report on Turnium Technology Group (TSXV: TTGI | FSE: E48), maintaining a Speculative Buy rating and increasing the 12-month price target to $0.30 per share. The report covers TTGI’s acquisition of Insentra, which tripled the Company’s annualized revenue run-rate from approximately $7 million to $30 million, and the concurrent divestiture of the TNET Division. Management projects $28M to $32M in revenue and $2.1M to $4.1M in Adjusted EBITDA for the 12 months beginning March 1, 2026, marking the Company’s first projected profitable operating period. [more]

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NEW INITIATION REPORT – Turnium Technology Group – Building a Partner-Led Technology-as-a-Service Platform for SMEs

July 7, 2025 Chris Thompson

eResearch has initiated coverage on Turnium Technology Group (TTGI), a Canadian IT solutions company focused on delivering secure, scalable Technology-as-a-Service (TaaS) offerings to SMEs via global channel partners. TTGI operates through three integrated solution groups TNSI, Tenacious Networks (TNET), and Claratti. The report covers its evolving business model, recent financial results, and valuation framework. With multi-year SME contracts and a growing recurring revenue base, TTGI is positioned for margin expansion and international growth. Our 61-page report includes a detailed financial valuation and an investment thesis. We are initiating coverage with a Speculative Buy rating and a $0.25 target. [more]

Turnium Unveils Next-Generation Universal Edge Device Leveraging AI and Post Quantum Cryptography

January 30, 2025 Chris Thompson

Turnium Technology Group (TSXV: TTGI | FSE: E48) has announced a next-generation Universal Edge Device integrating AI-driven dynamic traffic steering and Post Quantum Cryptography (PQC). The device is designed to enhance SD-WAN performance, providing nearly 10x faster data throughput on consumer chips and 13x faster on enterprise chips. It supports up to 100,000 nodes per management server and includes biometric security and remote management. The initiative aligns with Turnium’s Technology-as-a-Service (TaaS) strategy, following its acquisition of Claratti. The new device strengthens Turnium’s market position in SD-WAN and cybersecurity solutions. [more]