Affluence Corporation (OTCID: AFFU), through its subsidiary Mingothings SLU (MTi), reported strong first-quarter results for 2026, highlighted by approximately EUR 5.6 million in new project awards. This performance reinforces MTi's position as a technology partner in IoT, smart infrastructure, and digital transformation. The awarded projects, which have not yet been recognized as revenue, are subject to contract execution and delivery timelines.
The Q1 results demonstrate MTi's ability to capitalize on market opportunities, delivering high-value projects that leverage its expertise in IoT platforms, systems integration, and real-time monitoring. The company's focus on digital twins and data-driven operational solutions aligns with the increasing demand for connected infrastructure and intelligent asset management across public and private sectors.
According to Francesc Domingo, CEO of MTi, "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."
MTi's business strategy centers on delivering professional services and scalable technology that help clients manage connected assets, improve operational visibility, and unlock data value. This approach has driven strong activity in smart infrastructure, industrial IoT, mobility, and energy efficiency. The company's ongoing work in AI, digital twins, and real-time data analytics aims to deliver measurable improvements in performance, efficiency, and sustainability.
The significance of these results extends beyond immediate financial performance. As organizations worldwide prioritize digital transformation, MTi's project wins highlight the critical role of integrated technology platforms in modernizing operations. The company's ability to secure such contracts underscores the growing reliance on IoT solutions to enhance decision-making and operational intelligence.
Looking ahead, MTi is focused on building on its Q1 momentum and strengthening its project pipeline for the remainder of 2026. With a portfolio spanning smart cities, connected industries, and data-driven infrastructure, MTi is well-positioned to meet the evolving needs of clients seeking robust and secure technology solutions.
For more information about Affluence Corporation, visit https://affucorp.com. To learn more about Mingothings SLU, visit https://www.mingothings.com/.
