Affluence Corporation (OTCID: AFFU), through its subsidiary Mingothings SLU (“MTi”), announced strong first-quarter 2026 results, securing approximately EUR 5.6 million in new projects. This achievement underscores the company's role as a technology partner in IoT, smart infrastructure, and digital transformation. The projects, which have not yet been recognized as revenue, reflect continued demand for MTi's integrated solutions across strategic sectors.
MTi's Q1 performance demonstrates its ability to convert market opportunities into high-value projects while expanding capabilities in IoT platforms, systems integration, real-time monitoring, digital twin technologies, and data-driven operational solutions. The company's activity aligns with the growing need for connected infrastructure, intelligent asset management, and secure digital transformation across public and private sectors.
Francesc Domingo, CEO of MTi, commented, “Our Q1 results reflect the strength of our technology portfolio and the trust our clients place in our ability to deliver reliable, scalable solutions. The EUR 5.6 million in project awards is an encouraging indicator of the demand we continue to see for IoT, smart infrastructure, and digital transformation solutions.”
The company's business strategy focuses on delivering high-value professional services and scalable technology solutions that support clients in managing connected assets, improving operational visibility, and unlocking data value. This approach drove strong Q1 activity in areas such as smart infrastructure, industrial IoT, mobility, energy efficiency, and connected industry solutions.
MTi's project activity in Q1 2026 highlights the relevance of its portfolio in markets where digital transformation, automation, and operational intelligence are becoming increasingly important. The company continues to support organizations requiring robust, adaptable, and secure technology platforms capable of integrating multiple systems, devices, and data sources.
In addition to Q1 performance, MTi strengthened its international positioning and technology offering during the quarter, with ongoing work in IoT, AI, digital twins, and real-time data analytics aimed at driving measurable improvements in performance, efficiency, and sustainability for clients.
Looking ahead, MTi is focused on building on its strong Q1 results and strengthening its project pipeline throughout 2026, with a growing portfolio across smart infrastructure, industrial IoT, mobility, energy efficiency, and connected industry solutions.
These results come as organizations increasingly modernize operations and improve decision-making through real-time data. MTi's ability to secure significant projects underscores its position as a partner for complex technology deployments. For more information about Affluence Corporation, visit https://affucorp.com. For more about Mingothings, visit https://www.mingothings.com/.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Words such as “anticipate,” “expect,” “suggest,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” and “forecast” are intended to identify forward-looking statements. These statements are based on management's current expectations and are subject to significant risks and uncertainties, including the ability to convert awarded projects into revenue-generating engagements on the anticipated timeline, general economic conditions, competitive factors, limited operating history, availability of capital, and retention of key personnel. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Affluence Corporation assumes no obligation to update these statements.
