RE:Conflicting news and gamesToronto, Ontario--(Newsfile Corp. - September 14, 2021) -Datametrex AI Limited(TSXV: DM) (FSE: D4G) (OTCQB: DTMXF)(the "Company" or "Datametrex")is pleased to announce that the revenue that was projected on signing the COVID-19 service agreement (the"Agreement") with a major media and entertainment company inSeptember 2020, has exceeded the Company's revenue guidance. Based on the discussions when signing the Agreement, management anticipated that the aggregate dollar amount of revenue was expected to be around $20M for the initial nine (9) months. The Company recorded the revenue of approximately $26M for the nine (9) months, which exceeded from anticipated revenue of $20M, and given the current increased demand for COVID-19 testing and related services with new and returning shows, Datametrex anticipates the Agreement to generate up to $50M for the full fiscal year ending December 31, 2021. How is this a slowdown? 30 million was all covid testing for 6 months. This is one Agreement that will yield up to $50 million by year end. There is no conflicting games or news other than the ones you choose to make up.
swyint123888 wrote: We had 30 million in six months (first half) revs and the latest news says 50 million for the year so to me that's an admitted slowdown.
The news release before said significant growth to come due to deals but yet we lose 10 million over the first half of the year pace and only end with an approx 20 million in the second half....so when does the significant growth come into play.....next year maybe?
We also have the market games which has been with us for months and very low volume on most days so no real panick to get out.
Q3 is key to me now because if it can show any kind of upside surprise (needing only 20 million total revs for the second half to meet guidance) the market might reward that.
Get the drone deal done ( maybe a 3way merger going on) would be nice too.