Datametrex AI Ltd V.DM

DM.V Simply Wall St Wed., January 5, 2022, 5:08 a.m.·3 min

[Charts1]

Simply Wall St Wed., January 5, 2022, 5:08 a.m.·3 min

ROE can be calculated by using the formula:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

So, based on the above formula, the ROE for Datametrex AI is:

24% = CA$7.6m ÷ CA$31m (Based on the trailing twelve months to September 2021).

The 'return' is the income the business earned over the last year. So, this means that for every CA$1 of its shareholder's investments, the company generates a profit of CA$0.24.

Conclusion

In total, we are pretty happy with Datametrex AI's performance. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. If the company continues to grow its earnings the way it has, that could have a positive impact on its share price given how earnings per share influence long-term share prices.

[SeniorC]

Interesting post!  Thanks for sharing. The FUTURE will make the difference. The measurable future with new verticals generating revenues, with new contracts spread geographically and with recurring contracts. The perceived future with a strong PR and IR strategy that we should all urge DM and MG to put in place.  They have all the money to hire the best professionals for this.

[Aiking]

If DM hires a fulltime PR pro to handle the tasks you disribed, they have my full support.