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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 > WOW!!!!!!!$$$$$$$$$$ RECORD REVENU!!
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Post by 1004 on Nov 29, 2021 8:35am

WOW!!!!!!!$$$$$$$$$$ RECORD REVENU!!

The Company reported nine months gross revenue of $40,315,888 compared to $7,626,121, gross profit of $19,309,184 compared to $2,344,489, EBITDA of $13,670,390 compared to ($1,443,617), Adjusted EBITDA of $16,940,830 compared to $8,630, and net earnings of $10,580,779 compared to ($2,057,779) in Q3 2020. The Adjusted EBITDA reflects the Company's operations, excluding non-cash items. "We are pleased with the financial results we have delivered in nine months of 2021 and remain optimistic in our outlook with a calculated progress in the current operating environment as we move through the remainder of 2021. We continue to expect a profitability upturn and notable free cash flow. We also continue working on winning the $40M contract, and it is our belief that we should be able to share the good news in the near future," commented Marshall Gunter, CEO of Datametrex
Comment by GalAnonymous on Nov 29, 2021 8:41am
"We also continue working on winning the $40M contract, and it is our belief that we should be able to share the good news in the near future" - imagine if we heard re.40 mln contract this week! 
Comment by WalkingDead01 on Nov 29, 2021 8:45am
  Wow, awesome… good time ahead !!   
Comment by Thecook100 on Nov 29, 2021 8:51am
I cannot believe my eyes. This news is un-fakin-believable. We gunna run now guys and gals... its show time. Congratulations shareholders :)
Comment by MomenTom on Nov 29, 2021 9:54am
Financials are not that good imo... margins are getting really thin.  I don't really care about sales if there's no profit in it. The direct cost was 5M for Q2 and for Q3 its 7.8M for virtually the same revenues (10.4M and 10.8M).  Could you please explain. Q3 Income before tax and else is 1.4M and was 3.5M in Q2.    only 170K net after taxes (and loss on Graph) in ...more  
Comment by swyint123888 on Nov 29, 2021 11:30am
I am curious if the rise in costs is the supplier passing on higher raw material prices or if something else drove up costs like non re-occuring shipping charges or distribtion or maybe even consulting fees have risen to get the goods in the first place. If this is raw material increases that the supplier is passing on then DM really has to work at getting as much for each and every kit as they ...more  
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