Datametrex AI Ltd V.DM

Cash Burn Rate

[RazeKreations]

Cash as of Dec 31 2022   8,934,913   
Cash as of Sep 30 2023   1,144,404                                                                Burn rate of 865,612  per month                                                                      At that burn rate cash would be depleted in 5 weeks which would be middle of November                                                                                                    Gross profit fo the first 3 quarters this year 2,962,322
Same period last year  15,189,042
Net income for the first 3 quarters this year (6,668,851) loss 
Same period last year   2,791,511       
A reduction of 9,631,173

[Forge24]

Burn rate will be different (most likely lower) going forward from DMEVS sale