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Peak First Quarter 2021 Results Show Revenue of $14.2M, Setting the Stage for Potential Milestone Year

Montreal, Quebec (Newsfile Corp. - May 31, 2021) - Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) ("Peak" or the "Company"), an innovative Fintech service provider to the Chinese commercial lending sector, today announced its financial results and operating highlights for the three-month period ended March 31, 2021. All amounts expressed are in Canadian dollars.Peak generated three and a half times more revenue in the first quarter of 2021 than it did in Q1 2020. . ....

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Peak Fintech Group Inc.: Peak First Quarter 2021 Results Show Revenue of $14.2M, Setting the Stage for Potential Milestone Year


Peak Fintech Group Inc.: Peak First Quarter 2021 Results Show Revenue of $14.2M, Setting the Stage for Potential Milestone Year
($687,726)
1 Expenses do not include interest, taxes, depreciation (including impairment of intangible assets) loss on extinction of debt, gain on bargain purchase and amortization
2 Adjusted EBITDA equals net income (loss) before finance costs, income taxes, depreciation, amortization and impairment of intangible assets, initial financing costs, expiration of deferred finance cost, loss on extinction of debt, loss on settlement of debt and (gain) loss on bargain purchase.
Q1 Operating Highlights:
Over 50% of transactions originating from recently launched social media influencer financing, retailer financing and distributor financing programs ....

Gold River , Jean Landreville , Barry Ellison , Mark Schwalenberg , Cathy Hume , Johnson Joseph , Mz Group , Quebec Newsfile Corp , Rongbang Technology Ltd , Peak Fintech Group Inc , Peak Fintech Group , Fintech Group , Chinese New Year , Comparative Revenue , China Unionpay , Rongbang Technology , Lending Hub , First Quarter Financial , Operating Results , Looking Statements , தங்கம் நதி , பாரி எலிசன் , கேத்தி ஹியூம் , ஜான்சன் ஜோசப் , ம்ஸ் குழு , உச்சம் ஃபிண்டெக் குழு இன்க் ,