Datametrex AI Ltd V.DM

Please restate this New DM

[swyint123888]

I have been doing some googling and this false report can have consequences....please re-post the news with the correct facts DM and do it quickly....you folks can do whatever DD you like I could care less but my research is clearly saying this false NR can have unwanted impacts

[mutjwo]

DM didn't state incorrect facts, you all need to stop spreading lies and hyperventilating. Saying they made 18.3M revenue during Q2 2022 is the same as saying they made 18.3M revenue during the first 6 months. Stop spreading false claims. 

[mutjwo]

After doing DD, everything on the FS and Sedar reflects on the NR. They made 18.3 in revenue. Whats with this false narrative?? 

[MUTDMUTD]

... I always tend to agree with you ... but stating revs for Q2 is not the same as stating revs for the first 6 months... That is Q1 + Q2... A correction is needed in my opinion....

[rollthedice10]

I agree, the NR requires a correction. Context and perception of context are critical to a NR in regard to quarterly financials. Still, $18.3 M revenue in six months is nothing to sneeze about. And $14 M cash on hand despite the costs of expanding and building ( hiring staff, buying equipment etc ) This tempest in a teapot does not deter me in any way whatsoever. We have something very good here

[mutjwo]

Q2 fin results were reporting the last 6 months, so the revenue is correct.

[TheRazmot]

Mutjo, I believe you are mistaking Q2 vs H2 reporting. Hiding weaker Q performance under semester numbers is common but doesn't make it a good practice. Guess, we will have to wait another 3 months to see if this is a trend or just a weaker Q... Raz

[swyint123888]

Yes 18.3 in 6 months is ok but keep in mind it's down from 29.4 million in the same period last year, this with more AI exposure in that year and NDA contracts so to me it's very concerning and explains the need for new verticals.....the stock has had "potential" for over 2 years now and revs are going down, this is fact what the future holds I have no clue but have stated if the

[PatrickHath]

Most are focussed on the error and fail to notice that the company is making progress. Income streams will be much diversified with EV chargers and the Medi-Call app on the way. I agree with you that this stock is worth going in for a long shot. 

[Shlinker_]

The Title and info the NR is disappointing, but sadly, not surprising. The fact is, cash is dwindling. These new verticals will take years to take off. Why? Because management doesn't actually know how to really get it moving. The GBLC and SCRN handouts are also hurting this company. The perfect storm. Cash will be zero at this time next year. Cheers.

[astutein]

Shlinker-  couldyou please provide details of current liabilities aas only current assets in press release,  Could obtain on Sedar?

[Shlinker_]

Do it yourself.

[EthanDTrader]

Cash is dwindling? Cash will be depleted by this time next year? Cry baby give me a break! If you're having a mental breakdown Medicall will fix that . Go download

[Resilience19]

I have to agree with MUTD on this. For instance: The NR title states "Datametrex Reports over $18.3M Revenue in the Second Quarter" Granted, it doesn't state $18.3M Revenu in Q2, so yes it does report this revenu in the Second Quarter, following Q1 and Q2, but it's misleading at best... Likely unintentional but DM does need to make their NRs clearer The highlights