It was a record-setting Q2 2020 for
Datametrex AI Ltd. (TSX-V: DM, OTC: DTMXF, Forum). On Friday, the Canadian tech Company reported that its revenue increased by 419% in Q2 compared to the same time last year, earning $2.7 million (CAD) for the six-month 2020 period, compared to $875,000 in same period 2019, of which $1.9 million was earned in Q2. The Company’s cash position rose to $577,998 from $119,675 at the end of 2019.
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Earlier this week, DM made news when it expanded its artificial intelligence (AI) technologies and COVID-19 screening solutions into Canada’s Film and Television Industry, by providing COVID-19 test kits and completed its first COVID-19 testing for Vancouver based production company,
Bob Industries LLC. Canada’s film and TV production industry represents 179,000 workers and $8.92 Billion in production volume.
FULL DISCLOSURE: Datametrex AI Ltd. is a client of Stockhouse Publishing.