Datametrex AI Ltd V.DM

Alternate Symbol(s): DTMXF

Technology Software - Application

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from social media, news, blogs, forums, messengers, enterprise data, and the dark Web, creating predictive analytics. Cyber Security is a deep analytics platform that captures, structures, and visualizes vast amounts of unstructured social media data, which is used as a discovery tool that allows organizations to make decisions. It offers Nexa Products, which consists of NexaSecurity and NexaSMART. Healthcare consists of Imagine Health Centres, a multidisciplinary healthcare facility, and Medi-Call, a telehealth platform. The Company also offers a mobile blockchain game, Cereal Crunch.

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Post by Bentley2000on Aug 26, 2022 11:13am

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Post# 34922568

Updates News??

Datametrex AI Swings to Q2 Loss from Year-Ago Profit; Revenue Falls

2022-08-26 10:46:46 AM ET (MT Newswires)

10:46 AM EDT, 08/26/2022 (MT Newswires) -- Datametrex AI Limited (TSX-V: DM) on Friday reported Q2 net loss of about $1.4 million, or $0.004 per basic share, compared with net income of $0.85 million, or $0.003 per share, a year earlier.
Revenue for the quarter ended June 30 fell to $7.6 million from $10.4 million a year earlier.
The company said its health care revenue decreased to $6.9 million from $9.6 million. Revenue from IT services and licensing revenue earned from big data and artificial intelligence solutions was about $0.7 million during the quarter, down from almost $0.8 million a year earlier.
The technology company said its working capital was $16.0 million as at June 30, compared with $14.3 million a year earlier. It also said that it had had cash and cash equivalents of $14.9 million as on June 30, which was sufficient to fund its planned operations for the next 12 months.