Distributed on behalf of Turnium Technology Group
With the help of technological advancements and increased digitization, the global IT services market will see significant growth. In fact, with the growing threat of cybersecurity attacks, remote work complexity, AI adoption, and vendor fatigue, companies will only see accelerating demand for comprehensive, managed IT solutions, creating potential multi-trillon-dollar opportunities for Turnium Technology Group (TSXV: TTGI), Cisco (NASDAQ: CSCO), Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), and Microsoft (NASDAQ: MSFT).
In fact, the global IT services market is projected to reach $1.52 trillion to $1.65 trillion this year, and could be worth well over $10 trillion in the coming years. In addition, with 358 million small and mid-sized businesses globally, the total addressable market for Complete IT solutions represents tens of billions in annual revenue potential. These companies, ranging from micro businesses (under 10 employees) to medium-sized firms (50-249 employees), are all hungry for better technology but lack good options.
Look at Turnium Technology Group (TSXV: TTGI), For Example
Turnium Technology Group, which provides “Complete IT,” is a comprehensive technology platform bundling everything small- and mid-market business need into a single, scalable solution delivered through a network of channel partners.
It’s also waiting for final TSX Venture approval to close its Insentra asset acquisition – expected by the end of February 2026. That transaction could transform TTGI from a company with about $8 million in revenue into a ~$32 million combined entity with a clear pathway to $100 million in revenue and $20 million in EBITDA by fiscal 2027. We should also note that TTGI currently has ~80 partners and its pending Insentra acquisition brings 200+ more, creating a combined network of 280+ partners upon deal close.
Most recently, the company released financial results for Fiscal Q1 2026.
Highlights:
· Turnium is awaiting final TSX Venture approval to close the Insentra asset acquisition – expected by the end of February 2026
· TTGI continues to be optimistic about its financial outlook and provides new guidance
· For Q2 FY2026, ending March 31, 2026, the Company expects Revenue of $3.8M to $4.1M,
· and Gross Margin of $1.2M to $1.6M (including only 1 month of Insentra results)
· For the next 12 months, from March 1, 2026, the Company expects Revenue of $28M to
· $32M, and Gross Margin of $12.1M to $14.7M (including 12 months of Insentra results)
Doug Childress, CEO of Turnium, stated, “In Q1 2026 we announced major initiatives to accelerate Turnium’s transformation from a product-based business to a solutions-driven company. Most impactful was the acquisition of assets from Sydney-based Insentra and its US and UK affiliates, a leading specialist in advisory, professional, artificial intelligence and
managed IT services delivered exclusively through IT service provider partners. Insentra’s ‘Partner ObsessedTM’ strategy aligns with Turnium’s focus on empowering global channel partners and is expected to increase Turnium’s revenue profile from approximately $9 million to a projected $28 to $32 million in revenue (3.2 times increase) and an estimated EBITDA of $2.1–$4.2 million based on our March 2026 run-rate. This acquisition adds significant revenue, margin and skilled technology resources to the TTGI family, and marks a major step toward our goal of achieving $100 million in revenue and $20 million in EBITDA by 2027.”
Update on the Proposed Insentra Acquisition
On February 3, 2026, the Company completed the acquisition of substantially all of the assets of Insentra Holdings Pty Ltd. and certain affiliated entities in the United States and the United Kingdom, pursuant to a definitive agreement.
The total consideration for the transaction was approximately $5.73 million, comprising $2.14 million in common shares of the Company, $1.0 million in cash paid at closing, and $2.58 million through a vendor take-back loan bearing interest at 2% above the Royal Bank of Canada prime rate, together with the issuance of 1,188,000 warrants and additional contingent earn-out and bonus payments of up to $9.25 million, subject to future revenue and EBITDA performance. The transaction was completed following the satisfaction of customary closing conditions, including receipt of TSX Venture Exchange approval.
Positive Outlook for Q2 FY2026 and the Next 12 Months
· Fiscal Q2 2026 Guidance - for Q2 FY2026, ending March 31, 2026, the Company expects Revenue of
· $3.8M to $4.1M, and Gross Margin of $1.2M to $1.6M (including only 1 month of Insentra results). For the next 12 months, from March 1, 2026, the Company expects Revenue of $28M to $32M, and
· Gross Margin of $12.1M to $14.7M (including 12 months of Insentra results).
Fiscal First Quarter 2026 Highlights:
· Revenue decreased to $2.0M (due to seasonality), compared to $2.3M QoQ and increased from
· $1.97M YoY;
· Gross Margin increased to $1.18M (based on product mix), compared to $0.69M QoQ and $1.34M YoY;
· Total Operating Expenses increased to $2.58M, compared to $1.68M QoQ and $2.82M YoY;
· Net Comprehensive Loss decreased to ($2.97M), compared to ($7.51M) QoQ and ($1.71M) YoY;
· Adjusted EBITDAimproved to ($0.95M), compared to ($1.26M) YoY;
· Number of Common Shares Outstanding (basic) at the end of the first quarter 2026 were 184,757,145, as compared to 189,704,645 currently.
Other related developments from around the markets include:
Cisco Systems and AT&T are deepening a long-standing strategic relationship built on trust, innovation, and a shared commitment to enabling highly secure connectivity and management tools that help enterprises optimize operations and achieve measurable business results. Together, we’re shaping the future of IoT by bringing the full capabilities of 5G Standalone (SA) to support the most demanding applications. This collaboration commercially activates a 5G Standalone-native IoT platform that tightly integrates AT&T’s nationwide 5G SA core with Cisco’s industry-leading Mobility Services Platform portfolio (including IoT Control Center and Converged Core offerings)— which will unlock programmable network capabilities such as network slicing, and application-aware performance at scale. Together, AT&T and Cisco are creating a seamless, end-to-end platform that supports everything from connected vehicles to smart cities and digital healthcare, to deliver ultra-low latency, enhanced security, and exceptional reliability at scale. More than a technology integration, this collaboration reflects a common goal of empowering enterprises with highly secure, flexible, and scalable connectivity that accelerates innovation and simplifies operations. AT&T and Cisco are working side by side to help customers deploy, manage, and scale IoT solutions with confidence.
Nvidia reported record revenue for the fourth quarter ended January 25, 2026, of $68.1 billion, up 20% from the previous quarter and up 73% from a year ago. For fiscal 2026, revenue was $215.9 billion, up 65% from a year ago. For the quarter, GAAP and non-GAAP gross margins were 75.0% and 75.2%, respectively. For fiscal 2026, GAAP and non-GAAP gross margins were 71.1% and 71.3%, respectively. For the quarter, GAAP and non-GAAP earnings per diluted share were $1.76 and $1.62, respectively. For fiscal 2026, GAAP and non-GAAP earnings per diluted share were $4.90 and $4.77, respectively. “Computing demand is growing exponentially — the agentic AI inflection point has arrived. Grace Blackwell with NVLink is the king of inference today — delivering an order-of-magnitude lower cost per token — and Vera Rubin will extend that leadership even further,” said Jensen Huang, founder and CEO of NVIDIA. “Enterprise adoption of agents is skyrocketing. Our customers are racing to invest in AI compute — the factories powering the AI industrial revolution and their future growth.”
Advanced Micro Devices and Meta today announced a 6-gigawatt agreement to power Meta’s next generation of AI infrastructure across multiple generations of AMD Instinct GPUs. This agreement expands on the companies’ existing strategic partnership and aligns roadmaps across silicon, systems and software to deliver AI platforms purpose-built for Meta’s workloads. The first deployment will use a custom AMD Instinct GPU based on the MI450 architecture to deliver AI platforms that are optimized for Meta’s workloads at gigawatt-scale. Shipments supporting the first gigawatt deployment are scheduled to begin in the second half of 2026 powered by the custom AMD Instinct MI450-based GPU and 6th Gen AMD EPYC™ CPUs, codenamed “Venice,” running ROCm™ software and built on the AMD Helios rack-scale architecture. AMD Helios was developed jointly by AMD and Meta through the Open Compute Project to enable scalable, rack-level AI infrastructure.
Microsoft announced the following results for the quarter ended December 31, 2025, as compared to the corresponding period of last fiscal year: Revenue was $81.3 billion and increased 17% (up 15% in constant currency); Operating income was $38.3 billion and increased 21% (up 19% in constant currency); Net income on a GAAP basis was $38.5 billion and increased 60%, and on a non-GAAP basis was $30.9 billion and increased 23% (up 21% in constant currency); Diluted earnings per share on a GAAP basis was $5.16 and increased 60%, and on a non-GAAP basis was $4.14 and increased 24% (up 21% in constant currency). “We are only at the beginning phases of AI diffusion and already Microsoft has built an AI business that is larger than some of our biggest franchises,” said Satya Nadella, chairman and chief executive officer of Microsoft. “We are pushing the frontier across our entire AI stack to drive new value for our customers and partners.”
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Turnium Technology Group by Turnium Technology Group. We own ZERO shares of Turnium Technology Group. Please click here for full disclaimer.
Contact Information:
Ty Hoffer
Winning Media
281.804.7972
Ty@winning.media
Related Stories
