Datametrex AI Ltd V.DM

Alternate Symbol(s): DTMXF

Technology Information Technology Services

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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Datametrex AI Ltd > Revenue Declined 74% Year Over Year

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Comment by Pandoraon Aug 30, 2023 12:22am

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Post# 35611234

RE:RE:RE:Revenue Declined 74% Year Over Year

Bentley2000 wrote: There is something strange going on... Either Sedar or Marshal are incorrect in the info that was released. As a long here I will wait for clarification before jumping to any conclusions regarding the 2nd quarter results.
There also maybe a big newswary news release Wednesday.... stranger things have happened.
They are making money and they did spend a monumentary amount of money in buying back shares.

Their headline and their opening paragraph make reference to second quarter results but they twice use the rider re "Sedar" for full details. Even though they show numbers that are not clarified as being of a particuler time period i.e. 3 months or 6 months or specifically "2nd quarter" I don't think it would be looked at as being "incorrect". The numbers are correct for 6 months - the presentation could be considered as 'misleading' because of the "subject" being highlighted as second quarter results making people consider the numbers to be representative of the 3 month second quarter only, as opposed to being the totals for the end of the second quarter, representing 6 months.

The company issued this news:

Toronto, Ontario--(Newsfile Corp. - August 29, 2023) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex'') is pleased to announce the second quarter ("Q2 2023") financial results for the Company. The Company has filed its financial statements and management discussion and analysis on SEDAR+ for the six months ended on June 2023 ("Q2 2023").

Without reference to the time period they included this:

The Company reported revenue of $4,912,584, which includes$1,844,054 earned from big data and Artificial Intelligence solutions, approximately $1 million in revenue from reaching certain milestones on its Government of Canada contract, and healthcare revenue of $3,068,530.

They then follow with this rider:

The following financial information from the financial results for the three and six months ending on June 2023, and Management Discussion & Analysis ("MD&A") are available for review on SEDAR+.

Please refer to the Q2 2023 financial statements in its entirety, which is available under Datametrex's profile at www.sedarplus.ca.

And then a table giving June 30 numbers but not identifying a time period such as 3 months or 6 months.

	June 30, 2023	June 30, 2022
Total Revenue	$4,912,584	$18,341,444
Net Loss	($4,324,418)	$1,829,589
Net Income/(loss) per share - basic	(0.008)	(0.002)
Depreciation and amortization	$1,736,442	$1,255,173
EBITDA*	($2,537,763)	($3,265,906)
Adjusted EBITDA*	($1,485,425)	($3,265,906)