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Bullboard - Stock Discussion Forum 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... see more

TSXV:DM - Post Discussion

Datametrex AI Ltd > Could be $273.00 per test...????
View:
Post by wildbird1 on Mar 11, 2021 12:48pm

Could be $273.00 per test...????

Like everybody here I am a little confused when I read a PressRelease. But after reading a PressRelease a few time some details catch my attention.(If your numbers do not match mine, feel free to correct me).

PressRelease Jan,12,2021 
" Datametrex is pleased to announce that it SOLD over 23,000 on site tests for the film industrie...this represents approximately $4.million CAD in top-line-revenue for Q4".
$4 million divided by 23,000= $173.00 per test(top-line-revenue).

PressRelease March8,2021
ScreenPro said The Company "PROCESSED" approximately 12,000 tests per week with weekly revenue of $1.2 million".
$1.2 million divided by 12,000=$100.00 per tests.

If you read these 2 PressRelease correctly you will come to the conclusion that..
1-Datametrex sell tests, Datametrex do not processe tests...
   SCRN processe tests SCRN do not sell tests.

2-The total price of 1 test is $273.00CAD

Exemple:
A crew film is usually over 200 peoples and Datametrex is asked to test these 200 peoples.
-$100 x 200 peoples = $20,000 will go to ScreenPro for providing the on site testing service (processing).
-$173.00 x 200 peoples = $34,600 will go to Datametrex for providing the tests.
For a total of $54,600CAD (small price to pay when you consider that a film can generate many $millionUSD a day when it is released.


February 2021.
SCRN has processed 50K tests X $100 = $5 million revenue.

If SCRN has processed 50k tests it does mean that Datametrex has sold 50k tests in February.
50K X $173.00 = $8.6 million(-the cost of the test).

Not bad for 1 month of revenue.
Comment by TorlifTostorson on Mar 11, 2021 12:57pm
Respect for your DD @wildbird and thank you a lot for the numbers you brought up! Very appreciated. Best Torlif
Comment by MoreUpThanDown on Mar 11, 2021 1:06pm
My dear Sherlock, you may be on to something... hopefully all will be revealed. Your math seems sound, as does the logic. $100 seems really low for the test and processing & administration of the test... $273 is more realistic IMHO. Hope you are right! Look forward to more of your analysis.
Comment by frewil11 on Mar 11, 2021 1:28pm
Datametrex earns about 20 to 40 percent of the gross revenue so they shoud be making anywhere from 1.5 million to 2million . 
Comment by frewil11 on Mar 11, 2021 1:29pm
On 50,000 tests per month.
Comment by maryhill on Mar 11, 2021 1:53pm
This post has been removed in accordance with Community Policy
Comment by FordVictoria on Mar 11, 2021 8:44pm
All I know DM is way under value and it is time that wake up and goes X2 or X3 from where is right now to start a slower climb to higher levels. FV
Comment by vantreehouse on Mar 11, 2021 9:04pm
Oh Yeah, that's why we're here.  People take risk for big potential.
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