Reported Earnings • May 17
Second quarter 2026 earnings released: CA$0.014 loss per share (vs CA$0.003 loss in 2Q 2025) Second quarter 2026 results: CA$0.014 loss per share (further deteriorated from CA$0.003 loss in 2Q 2025). Revenue: CA$6.44m (up 194% from 2Q 2025). Net loss: CA$2.63m (loss widened 492% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • Apr 01
Turnium Technology Group Inc. announced that it expects to receive CAD 6 million in funding Turnium Technology Group Inc. announced a non-brokered private placement to issue 85,714,285 units at an issue price of CAD 0.07 for gross proceeds of CAD 5,999,999.95 on March 31, 2026. Each unit will consist of one common share and one-half of one common share purchase warrant. Each warrant will entitle the holder to purchase one common share in the capital of the company at an exercise of CAD 0.10 per common share, for a period of three years from the date of issuance. Completion of the offering is subject to the approval of the TSX Venture Exchange. The securities issued pursuant to the offering will be subject to a hold period of four months plus one day from the date of issuance. Insiders may participate in the offering, and details of any insider participation will be announced at a later date, as applicable. In connection with the offering, the company may pay finder’s fees of up to 7% in cash and 7% in finders’ warrants to eligible finders, as permitted by the policies of the TSXV. The offering may close in multiple tranches, and is anticipated to be completed on or around April 30, 2026. New Risk • Mar 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.0m (US$9.50m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.2m free cash flow). Negative equity (-CA$13m). Earnings have declined by 0.3% per year over the past 5 years. Market cap is less than US$10m (CA$13.0m market cap, or US$9.50m). Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Revenue is less than US$5m (CA$6.7m revenue, or US$4.9m). 
