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.

TSXV:FOBI - Post by User

Fobi AI Inc > Tech Bull Run 2023

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Comment by zabberon Oct 30, 2022 1:22am

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Post# 35058276

RE:RE:Tech Bull Run 2023

LoopTracer wrote: the SP turnaround just may depend on U.S. partners getting excited enough about the FOBI sales/marketing team to open their individual wallets

Exactly this. So far no one opening their wallets. Easy to get land clients when you're giving away your product for free. Do you buy all the products at Costco that you eat the "free samples" of? 200k revenues. $1+ ARPU. You do the math. No one buying what FOBI selling, or they're giving it all away hoping to monetize on a base on day. $200k/quarter ain't paying for 60 employees, I'll tell you that much for free. Who's the next private investor?

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