Mitesco Inc
mitescoinc.comWhat Do They Do?
Hosts business applications in data centers and develops sales software for businesses, including residential real estate companies.
10-K for FY2025, filed Apr 15, 2026
How Do They Make Money?
Customers buy data-center access over a contract, with charges spread as services are provided; a separate application-development customer paid an upfront project fee.
10-K for FY2025, filed Apr 15, 2026
$38.7K
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10-K for FY2025, filed Apr 15, 2026
$38.7K ↗
Who Are Their Customers?
Business clients host licensed or in-house applications in Centcore’s data center, and its services also include remote backup and business applications. Its sales software is aimed initially at residential real estate.
10-K for FY2025, filed Apr 15, 2026Centcore has two (2) areas of focus. The first, generic data center services, is aimed at hosting applications for a specific user…View ↗
We had revenues of $38,700 for the twelve months ended December 31, 2025, compared to $43,700 in the comparable period. The revenues were…View ↗
The Vero Technology Ventures (VTV) subsidiary is actively reviewing potential early-stage cloud computing solution vendors and is…View ↗
Do Revenues Turn Into Profits?
Yes. Its net income in FY2025 was larger than its revenue.
10-K for FY2025, filed Apr 15, 2026
How Are They Changing?
Shrinking. Revenue fell 67% in 4 years, from $116K in FY2021 to $38.7K in FY2025, about 24% a year.
From clinics to cloud and software
The older report centered on healthcare services, primary-care clinics, and healthcare technology; the latest describes data-center hosting and cloud computing alongside software development for business sales.
10-K for FY2022, filed Jul 14, 2023 10-K for FY2025, filed Apr 15, 2026We are a holding company with current operating plans to participate in the healthcare industry through the development of healthcare…View ↗
In June 2024 we announced the formation of two (2) new wholly owned business units, Centcore, LLC (“Centcore”) that is providing data…View ↗
Centcore has two (2) areas of focus. The first, generic data center services, is aimed at hosting applications for a specific user…View ↗
The Vero Technology Ventures (VTV) subsidiary is actively reviewing potential early-stage cloud computing solution vendors and is…View ↗
Who Do They Compete With?
Competes with Accenture, Atos, Capgemini, Cognizant, Deloitte, DXC Technology, IBM, Equinix, CyrusOne, and QTS
10-K for FY2025, filed Apr 15, 2026Traditional global IT systems integrators, such as Accenture, Atos, Capgemini, Cognizant, Deloitte, DXC Technology and IBM, offer…View ↗
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