Datametrex AI Ltd V.DM

Alternate Symbol(s): DTMXF

Technology Information Technology Services

Datametrex AI Limited is a technology-focused company with verticals in industries, including artificial intelligence, machine learning, and healthcare. Its products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from social media, news, blogs, forums, messengers, enterprise data, and dark Web, making predictive analytics. This platform provides insights into market trends and direct customer feedback. Cyber Security is a deep analytics platform that captures, structures, and visualizes vast amount of unstructured social media data, which is used as a discovery tool that allows organizations to make decisions. It offers Nexa Products, which consists of NexaSecurity and NexaSMART. Healthcare consists of Imagine Health Centres, a multidisciplinary healthcare facility, and Medi-Call, a telehealth platform.

TSXV:DM - Post by User

Datametrex AI Ltd > Contract renewal for $850k

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Comment by samydudeon Feb 15, 2024 1:25pm

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Post# 35882274

RE:RE:RE:Contract renewal for $850k

Forge24 wrote: 850K contract does not mean 850k profit, although it will be a decent amount of money towards what they wanted for the PP...but they need more

Quite true Forge24 DM needs more way more with a profit margin of 36%.

An extension does not acctually ADD to the financial bottom line of DM unless there are numerous add-ons, only new customer business adds to profits.

Also, IT for Datametrex AI is 36% gross profit margin. All we need to do is look at the Million$ Lotte news release to see that of the million signed, $650,000 of the deal are expenses to do business leaving approx $350,000 gross profit at 36%.

Many more NEW deals need to be signed to affect the true bottom line of DM.

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