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Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

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.


TSXV:DM - Post by User

Comment by Smokey1958on Dec 09, 2023 1:21pm
126 Views
Post# 35776320

RE:RE:RE:RE:RE:RE:RE:RE:RE:Learn something while your waiting for nothing to happen

RE:RE:RE:RE:RE:RE:RE:RE:RE:Learn something while your waiting for nothing to happen

While you may very well be correct, whitenorth, the bigger issue is it's happening in every sector  connected to this industry from mining lithium and other battery related setbacks to inflation/interest rates and thus consumer demand.

https://www.reuters.com/business/autos-transportation/more-alarm-bells-sound-slowing-demand-electric-vehicles-2023-10-25/

Speaking of the discussion here, clearly the demand for anything related to EV charging is falling as consumers realize, especially in a country like Canada, these vehicles cost a great deal more (at least in the short term) than traditional gasoline powered and that for many a hybrid is a much better option right now. So in that the margins for DM were obviously low, the demand not as high as anticipated which caught them and some of the largest companies in the world off guard. IMHO, DM off loading DMEVS at a loss was better than letting it bleed money.

As for, where did all the profits go from the covid test bonanza, that's a completely different question ...although it is spelled out, at least in part, in the financials ....buy back of shares, Imagine Health Clinics purchase, continuing loan repayment are a few of the more upfront, transparent examples. The rest of it???

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