Microsoft Archives

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]

2021 PGC Conference – Trends in the Gaming Industry

February 13, 2021 Michael Lacasse

Pocket Gamer Connects conference discusses the market growth in 2020, an uptick in M&A activity, and how revenue models are changing the industry. [more]

After Latest $520M VC Raise, Roblox Sets Site on Public Listing in February

February 3, 2021 Michael Lacasse

Roblox, an online game platform, filed an amended prospectus in preparation for a direct listing on the NYSE in February, under the ticker “RBLX”. The latest financing values the Company at $29.5B, making Roblox one of the most valuable private companies. [more]

Video Game Acquisitions – Microsoft Buys ZeniMax Media, TGS Esports Buys Volcanic Media, and Victory Square Buys GameOn App

October 14, 2020 Jay Yi

The video game industry is quickly expanding with multiple acquisitions as publishers and game developers create new innovative products and services. Growing trends in the industry include live-service games, subscription-based gaming platforms, and ESports offerings [more]

Quarterly Cloud Update – Alibaba, Alphabet, Amazon, IBM, Microsoft, and Oracle

August 20, 2020 Jay Yi

According to Gartner, the global public cloud services market is expected to reach US$$266 billion in 2020, a 17% increase year-over-year, led by segments Software as a Service (“SaaS”) and Infrastructure as a Service (“IaaS”), which are expected to grow to US$$116 billion and US$$50 billion, respectively. [more]

Big Tech Companies Report Quarterly Earnings and Beat Analysts’ Estimates – AMZN, AAPL, FB, GOOGL, and MSFT

August 3, 2020 Jay Yi

Last week, Alphabet, Amazon, Apple, Facebook, and Microsoft, reported better-than-expected quarterly earnings, as most of these big tech companies strongly outperformed against the broader market during the COVID-19 pandemic. With large cash balance and solid cash flows, these Tech Giants are poised to seize opportunities in this unsettled market. [more]

Market Pundits Speak – Part 2 – Jerome Powell, Bill Miller, David Tepper, Stanley Druckenmiller, Larry Fink and Jim Paulsen

May 22, 2020 Jay Yi

The Federal Reserve and the Treasury Secretary announce new extensive measures to support the economy, which brings comments from Duquesne Family Office, Blackrock, Miller Value Partners, The Leuthold Group, and Appaloosa Management. [more]

Analyst Articles

Quisitive Technology Solution – 2019 Results with Revenue up +47% Y/Y

May 18, 2020 Chris Thompson

Analyst Ralph Garcea of Focus Merchant Group highlights 2019 results with Revenue hitting $18.5M (+47% Y/Y) & Gross Margins @43%, and catalysts for continued growth with Quisitive providing preliminary Q1/2020 guidance for Revenue of ~$10.9–11.1M. [more]

First Quarter Cloud Update – AMZN, MSFT, and GOOGL

May 4, 2020 Jay Yi

Last week, technology companies reported financial performances of their cloud businesses, including Amazon, Microsoft, and Google with cloud revenues of $12.3B, $10.2B, and $2.8B, respectively. [more]