Datametrex AI Ltd V.DM

Comparing DM and FOBI

[Investor10X]

I realize that FOBI and DM are not in competition with each other and do different AI tech, but if you want to compare another small cap venture AI company with DM than this would be another  example of just how undervalued DM is in the AI Tech sector.  

FOBI

$4.8 million in cash
Last 9 months of revenue: 
Q4 was $147 533
Q1 was $580 317
Q2 was $922 823
Total = $1 650 673
Current Market Cap: $121.14 million
Currently trading at 73.4x their 9 month revenue

DM 

$20 million in cash
Last 9 months of revenue:
Q1 was $10 821 697           
Q2 was $10 448 303
Q3 was $19 045 888
Total = $40 315 888
Current Market Cap: $60.38 million
Currently trading at 1.5x their 9 month revenue

DM has 4.17x more cash in the bank than FOBI, 24.4x more revenue than FOBI and is trading 58.9x less in valuation when compared to FOBI.

Now I know the bashers are going to immediately point out that much of the revenue is Covid money and yes, that is true.  However, that money is still part of the revenue for this company, period.  You can't take away what is already there.  

However, the AI growth is still growing quite well.  So even if we start to look just at the AI revenue the company is still moving in the right direction and is way undervalued based on what FOBI is getting for their current AI Revenues

Q1 AI and Tech + Other = $484 952
Q2 AI and Tech + Other = $852 972
Q3 AI and Tech + Other = $1 979 333
Total = $3 317 257

DM has 2 times the AI revenue than FOBI over 9 months and that would put DM currently trading at 18.2x their 9 month revenue for the AI only.  That is still 4 times less in valuation than what FOBI is getting for their 9 month revenue.  So on AI alone DM would be trading at $0.68 with that AI revenue and that would be equal in valuation to what FOBI is getting for their 9 month AI revenue at their current market cap.  And don't forget FOBI was trading near $4 about 5-6 months ago.  As you can see DM is still way undervalued.

Let's go further...

Q4 2021 and Q1 2022 AI and Tech is approx. $4 750 000 so far.  This doesn't include the $40 million AI contract from the government.  However, if we assume DM walks away with $36 million of the $40 million contract over the next two years than that works out to $18 million per year on that 1 contract.  Divide that over 4 quarters and that works out to $4.5 million per quarter.  Add $4.5 million for 3 quarters (Q1 to Q3 2022) and than add the already known $4 750 000 DM has for Q4 and Q1 and we have $18 250 000 for Q4 2021 to Q3 2022 (12 month revenue).  And this number doesn't include any other AI contracts over Q2 and Q3, nor does it include Medi-Call or any other revenue.  

Now let's cut the known Q4 and Q1 AI tech of $4 750 00 in half to $2 375 000 for just Q1 to make it easy and we can safely guesstimate that DM has already got approx. $20 375 000 ($18 million + $2.375 million) for AI tech for all of 2022.  Again, this does not include any cash in the bank, any Medi-Call revenues throughout 2022, any additional AI contracts for 2022 or any aquisitions made that would add revenue to the company.  

Now if you want to play around with 9 months of AI revenue for DM in 2022 based on the calculations above that guesstimate would be $15 875 000.  Give DM the same 73.4x valuation that FOBI currently gets for their 9 month revenue and we have a $3.28 share price!  And that is AI ONLY!  

So for the bashers out there, no matter who you compare DM to, no matter whether you add covid money or not, DM is significantly undervalued compared to other AI tech companies.

And just for fun let's take the known 9 month $40 million revenue that DM actually has so far and give that the same 73.4x valuation on revenue to market cap that FOBI gets for 9 months of revenue and DM's share price is...

.... $8.21 !!!!!!

[Investor10X]

Oops! I mixed up the Q1 and Q3 DM revenue, but the that doesn't matter as it's the total revenue that counts.

[Thecook100]

I would say a fair comparison. Great work and thanks @Investor10X. Fobi got a little ahead of itself but nevertheless DM is grossly undervalued and we have alot of catching up to do. The TSX listing will help speed up this process and I believe true value will come eventually...patience is the key and keep adding on the dips :) GL all

[Yeehaw1]

Excellent comparison... is someone keeping this puppy down? or management needs to look into where they are lacking?

[dirtydzn]

The difference is FOBI had an AGM in 2021 and didn't try to blame the TSXV for their shortcomings or make up excuses as to why they couldn't have one in a timely manner.

[Leonovus2017]

And blame tsx on drone... 

[dirtydzn]

Another great example. Simply put why would any potential investor (retail or institutional) want to buy shares and become a shareholder in a company when said company can't even schedule an AGM for their shareholders. It is nothing short of pathetic. My only hope with uplisting to the TSX is that they'll be held to a higher standard. Whoever is responsible for such a simple task such as

[Investor10X]

So let me get this straight.  Your argument as to why DM's share price is where it is, is because DM hasn't had an AGM meeting???  Yeah, right!  You guys really are out of ideas trying to bash this company.  lol

[dirtydzn]

Throw out all the numbers you want and when we finally hit one of your predictions, I'll buy you a beer. Yet, not once have you explained why we haven't seen your numbers. However, yes, it could be a reason. Why would someone want to be a shareholder when the company can't schedule a meeting an annual for its shareholders? What else are they failing to do? It is a simple indication of

[Investor10X]

So based on the comparisons that I made between FOBI and DM, it is clear DM is not getting any covid revenue valuation in their share price, but it will eventually need to get priced in, regardless if DM were to ever bring in another covid cent.  Why? The high revenues, clean balance sheet and money in the bank, which covid has helped with is getting DM uplisted to the TSX and it is getting

[dirtydzn]

The bashers don't lack mental capacity, the pumpers like yourself have the vivid imagination of a 3 year old child.

[Investor10X]

That's interesting, because I just backed everything up with real numbers and a few well-educated guesses.  Like I said, you guys have nothing to bash this stock with.  You're left with insults only.  lol

[dirtydzn]

You backed nothing up. Why aren't they valued at what you claim they should be? I guess ask the institutional investors lack the mental capacity as well since they're not flocking to pay what you think they should.

[Investor10X]

Yeah i did.  It's called an undervalued company.  Which explains why the stock price is not where it should be.  

[dirtydzn]

That doesn't answer the question... why aren't we seeing the numbers in your valuation? I guess you lack the mental capacity to answer such a question. It's undervalued... no sh!t Sherlock...

[Investor10X]

It does answer the question.  The numbers showed that when comparing DM to another AI company like FOBI either FOBI is overvalued or DM is undervalued.  Explain what numbers are wrong.  

[dirtydzn]

I guess you fail to understand that numbers alone do not provide reasons. I never said that the numbers were not accurate. Why, what reasons, what is your HYPOTHESIS for not DM share price not reflecting your VALUATION. Undervalued or overvalued is not a concrete answer.

[dirtydzn]

Please excision it to the board 10x, why haven't we seen your predictions yet? Give us something substantial other than it's manipulation...

[dirtydzn]

Can you compare orange juice to grapefruit juice next? Throw out a bunch of numbers and complain that grapefruit juice still costs more but give absolutely 0 reasons why that might be. Followed by calling anyone who doesn't agree with you as lacking the mental capacity? I can't wait. Oh don't forget to compare pulp with no pulp and list all the nutritional information of each.