This Severely Undervalued Tech Company Trades at Just a Fraction of its Peers

With the help of technological advancements and increased digitization, the global information and communication technology market will see significant growth over the next five years.

In fact, the market could be worth billons by 2026 thanks to the rapid adoption of cloud computing, 5G networks, artificial intelligence, cybersecurity, and the Internet of Things, having a substantial impact on companies.

Look at Turnium Technology Group (TSXV: TTGI), For Example

Turnium Technology Group provides “Complete IT,” which 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.

Think of it like a white-label Technology Super store for MSPs, ISPs and VARs serving businesses ranging from 10 to 1,000 employees with a $2.26 billion opportunity ahead of it.

While the market hasn’t woken up to the opportunity, they will soon.

With a proven business model, the company is already seeing strong economics, with an average $250 per user per month in recurring revnue, with a gross margin of 63% to boot. Plus, while many Canadian SaaS companies trade at five to six times revenue on average, TTGI trades at just one to two times.

But that may won’t be the case for long.

In fact, the company just announced an acqusitition that could triple the size of its business.

Late last year, TTGI entered into a Letter of Intent to acquire Insentra Holdings, a 16-year-old Australian IT services firm with a proven track record, over 200 channel partners and CAD $24 million in annual revenue.

The transaction, pending final agreement, would immediately 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.

Better, There’s Potential Rapid Growth In a $2.26 Billion MRR Market That’s Underserved

With 358 million SMEs (small and medium-sized enterprise) globally and just 0.05% penetration, management estimates a $2.26B addressable market in monthly recurring revenue (MRR). Macro trends such as cybersecurity threats, remote work complexity and vendor fatigue are accelerating demand right now.

Mid-market businesses face a nearly impossible choice when it comes to technology.

• Option 1: Low-cost DIY solutions that lack sophistication, security, and support. These might work for a solo entrepreneur, but they collapse under the weight of 50 or 100 employees who need reliable systems, robust cybersecurity, and compliance with industry standards.
• Option 2: Enterprise-grade platforms from Microsoft, Cisco, and other major vendors. These can deliver excellent technology but they also often come with enterprise-level complexity and pricing. Small and mid-sized companies can’t afford the six-figure implementations, dedicated IT staff, or ongoing management these systems require.

The result? 358 million businesses globally are underserved, forced to cobble together fragmented solutions from multiple vendors, manage it themselves, or simply accept inadequate technology that puts them at risk.

That’s where TTGI can help.

By delivering enterprise-quality solutions at mid-market prices through a network of trusted channel partners, TTGI fills the gap that traditional vendors can’t or won’t address.

The opportunity is massive. 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.

Even if TTGI captures just 0.05% of this market, meaning only 1 in every 2,000 businesses, the company estimates $2.26 billion in monthly recurring revenue, or roughly $27 billion annually.

Even better, the leadership team has significant skin in the game, as management and strategic investors hold approximately 48.5% of outstanding shares, meaning their success is directly tied to shareholder returns.

Again, we’re looking at a severely undervalued opportunity with a sizable multi-billion-dollar opportunity ahead of it, and an acquisition that could double its business.