Shares of Affluence Corporation (OTC:AFFU) surged 33% on heavy volume.
Affluence Corporation Subsidiary MTi Secures Over €3 Million in New Contracts Across Europe, Asia, and Central Africa
Global technology company Affluence Corporation (OTC:AFFU), which is engaged in edge computing solutions and smart infrastructure, announced that the subsidiary Mingothings International (MTi) has secured several fresh contracts in June 2025. This will strengthen its growth path.
MTi has successfully done commercial agreements with projects spanning across Asia, Central Africa, and Europe. The total value of the contracts is more than €3 million. The contracts demonstrate MTi’s capability to provide advanced technology solutions in key verticals like security, smart cities, and digital transformation.
The recent wins are projects engaging partners and customers, including global sports organizations, major European defense integrators, and Asian government security agencies. Formal client approvals are in process, which will enable public disclosure of names in upcoming announcements.
Oscar Brito, president of Affluence Corporation, said that the robust commercial momentum shows the ability to position the group in high-value projects. Brito added that the strategic victory further validates the integrated approach. This combines software platforms with expert systems integration capabilities.
The new contracts completely align with the group’s strategic priorities for the current year, showing that the portfolio has the capacity to expand geographically. MTi is a trusted specialist in data analytics and integrated IoT solutions for connected industries and smart cities.
Key Quote
“This solid commercial momentum reflects our ability to position the group in complex, high-value projects across multiple continents,” said Oscar Brito, president of Affluence Corporation. “The strategic wins further validate our integrated approach, combining proprietary software platforms with expert systems integration capabilities through MTi and our partner network.”
Fundamentals
| P/E Ratio | -0.0800 |
| PEG Ratio | -0.11 |
| Price to Book | -0.02 |
| Price to Cash Flow | – |
| Price to Free Cash Flow | – |
| Total Sales (TTM) | 0.50 M |
| Revenue per Share (TTM) | 0.00 |
| Shares Outstanding | 3.088 B |
| Share Float (%) | 2,836.08 M (91.84%) |
