Fobi AI Inc V.FOBI

Alternate Symbol(s): FOBIF

Technology Software - Application

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

Fobi AI Inc > Bashers up early and often - A GREAT SIGN!

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Comment by zabberon Nov 15, 2022 11:07am

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Post# 35099908

RE:Bashers up early and often - A GREAT SIGN!

Actually, revenues have declined for the past 2 quarters. 900k => 300k => 200k. This means the (rolling) average, like the 200 DMA, is trending down. What's that? They're RECURRING revenues, you say? Still not paying the bills guys. Look, I'm a faithful long .. but I'm not buying more, nor am I recommending this stock to friends until the financials start trending in the right direction. Need this play to derisk, as it's all "sizzle" right now heading into a major recession. Hate to use a seelow/filoux term, but that's what it's looking like from my POV. Remember sunk cost fallacy.