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Fobi AI Inc V.FOBI

Alternate Symbol(s):  FOBIF

Fobi AI Inc. is a Canada-based artificial intelligence (AI) and data intelligence company. The Company operates in the technology industry and sells software as a service (SaaS), reselling, referring, and licensing its technology to licensors. The Company enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences. The Company provides solutions, such as data, wallet passes, coupon platform, and marketing services. Its Sunflora is a global health and wellness retailer in the United States. Its wallet pass platforms deliver personalized, digital experiences directly through the mobile wallet. Wallet apps are used to save digital passes like coupons, membership cards, and event tickets as well as means of payment like credit cards. Its marketing services offer copywriting, blog post writing, video production, podcast production, photo editing, and more. It also offers a Qples SaaS coupon management platform.


TSXV:FOBI - Post by User

Post by stockpickerone!on Nov 24, 2021 4:38pm
235 Views
Post# 34163167

to whoever asked me about the customer acquisition

to whoever asked me about the customer acquisitionNot sure what happened...my post got deleted...? someone asked me to my question about investment thesis and how to look at FOBI vs SPN...appears my comment got deleted out including your thread...fishy...! 

Message me directly if interested - happy to share my DD.&nbsp;Their customers have been long term piloting with them - they did about 8MM USD last year and this year in 3 quarters already 11MM+. So definitely a massive growth story as they will be 60%+ revenue growth WITH profit, ebidta and no debt...generating cash. I would say its taken them 3 years as Snipp has not raised money since 2016-17...but even back then it seems they were with the same customers who must have been piloting.<br /> <br /> While i see these lovely partnerships that are being announced what i am trying to establish is how fast they can actually be monetized...both companies run tech platforms and both seem to be going after similar customers. In the CPG space i cant find Qples to be any kind of player in couponing in the US market...market leaders are Quotient and a company called Revtrax that got bought last month by NewsAmerica. If the investment thesis is these partnerships will result in massive growth - that is a sound theory so would love to see some early evidence - then i will definitely buy in.&nbsp;
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