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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 TheRazmoton Aug 30, 2024 1:00pm
116 Views
Post# 36203032

RE:RE:Cash Burn

RE:RE:Cash Burn

I would love that but we all know this company as been spreading too thin it the last few years! Probably making risky investment decision on perceived needs taken out from nexalogy analysis (range anxiaty, etc). without doing real market and feasability studies....

They've burn trew a lot of the profits (22M$)made on Covid with these ventures and it cost our last CEO his job!

For now, 1) they need to focus on cost reduction (anything that does not generates profits in the next few quarters should be let go!). Why do they need offices in Toronto for example? Are employees there generating revenue? No more taking AI/IT contracts that does not generate profits.

2) they need a good marketing efforts in Ai/IT with focus on cash generating ventures.

Raz


 

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