Affluence Subsidiary MTi Reports Strong Q1 2026 Results with €5.6 Million in New Project Awards

Affluence Corporation (OTCID: AFFU), through its subsidiary Mingothings SLU (“MTi”), announced strong results for the first quarter of 2026, reinforcing its position as a technology partner in IoT, smart infrastructure, and digital transformation. The company was awarded approximately EUR 5.6 million in new projects, reflecting solid commercial performance and continued demand for its integrated technology solutions across strategic sectors.

The awarded projects, which have not yet been recognized as revenue, remain subject to the timing of contract execution and delivery. This highlights the company's ability to convert market opportunities into high-value projects while expanding its capabilities in IoT platforms, systems integration, real-time monitoring, digital twin technologies, and data-driven operational solutions.

MTi’s activity reflects the growing need for connected infrastructure, intelligent asset management, and secure digital transformation solutions across public and private-sector environments. As organizations increasingly seek to modernize operations and improve decision-making through real-time data, MTi continues to position itself as a partner for complex technology deployments.

The company’s business strategy remains focused on delivering high-value professional services and scalable technology solutions that support clients in managing connected assets, improving operational visibility, and unlocking the value of data. This approach supported strong Q1 activity across areas such as smart infrastructure, industrial IoT, mobility, energy efficiency, and connected industry solutions.

MTi’s project activity in the first quarter of 2026 demonstrates the relevance of its portfolio in markets where digital transformation, automation, and operational intelligence are becoming increasingly important. The company continues to support organizations that require robust, adaptable, and secure technology platforms capable of integrating multiple systems, devices, and data sources.

In addition to its Q1 performance, MTi continued to strengthen 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 its clients.

“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,” said Francesc Domingo, CEO of MTi. “We look forward to updating shareholders as these projects are executed and as our pipeline develops over the remainder of the year.”

Looking ahead, MTi is focused on building on its strong Q1 results and continuing to strengthen its project pipeline throughout the remainder of 2026, with a growing portfolio across smart infrastructure, industrial IoT, mobility, energy efficiency, and connected industry solutions.

For more information about Affluence Corporation, visit https://affucorp.com. For details on Mingothings SLU, visit https://www.mingothings.com/.