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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 that provides businesses with real-time applications to digitally transform and future-proof their organizations. The Company enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences and drives digital sustainability by eliminating the need for paper and reducing unnecessary plastic waste at scale. It operates in the technology industry and earns revenues from directly selling software-as-a-service (SaaS), reselling, referring, and licensing its technology to licensors. It offers Wallet passes, which are digital representations of physical cards or documents that are stored in mobile wallet apps and simplify the user experience by providing smartphone access to membership cards, coupons, tickets, and more. It enables businesses to action, leverage, and monetize real-time data across online and offline platforms.


TSXV:FOBI - Post by User

Comment by Gordinnoon Aug 30, 2021 12:41pm
169 Views
Post# 33781915

RE:RE:Can't wait

RE:RE:Can't wait
Stillconfused wrote: You are going to have to wait.  Where do you get September 1 from?  Venture exchange clients don't have to issue audited f/s until Oct 28.

https://www.osc.ca/en/industry/companies/reporting-issuer-and-issuer-forms/filing-due-dates-calendar-annual-and-interim-filings-reporting-issuers

Meanwhile, the FOBI app is now in the Shopify App store and it is competitively priced at $35/month or $420 a year.  Not expecting all 1.7 million global retailers to sign up, but if they did, that would be a $714m / year revenue line item just for that one product on Shopify's website.  Think about that in the context to all of the other products that they are releasing.  Whatever revenue they had last quarter will pale in comparison to where this could go and won't necessarily provide much guidance to help you with your investment decision.   If I was Rob, I would wait until Oct 28 to release the financials and provide an update on Q1 2022 take up on their various products at that time. Q1 would have to be out by the end of November and I imagine that there will be a lot more and better news about a lot of things before then. 


Your exactly right,,Im not really bothered at all by financials last quarter,im more interested in the forward looking outlook .. ,,Filoux is  fixated saying financials has he has done 3 times today but he has no idea about tech startups GL
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