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 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.

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Fobi AI Inc > Re financials

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Comment by zabberon Mar 02, 2022 1:09am

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Post# 34473744

RE:RE:RE:RE:RE:RE:Re financials

Well there it is .. revs approx. doubled .. added $1M to AR. Cash pos of $4.5M. Would have liked to see bigger revs but in line with what those wiser than me projected. Q3 is gonna be massive and will justify a parabolic chart. You heard it here first.

filoux004 wrote: Question for zaber ...with very little revenus how can they finance their monthly burn rate of 1 5M plus .. cash can't be more than 2M. Any input would be appreciated. Tx

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