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VIDEO – Datametrex Reports Over $40 MILLION In Revenue For First 9 Months / Multiple AI Contract Wins
Datametrex AI has the rare benefit that most small-cap companies would only dream of: Two successful independent divisions that are each capable of being a company maker.
The first division is their Artificial Intelligence-driven social media monitoring and discovery product.
Clients include:
Canadian Federal Government
The United States Air Force
LOTTE (a $2.6B South Korean multinational conglomerate)
Samsung
The second division is COVID-19 test kit distribution.This isn't some small-cap stretch trying to capitalize on a trend for the sake of stock promotion.
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
What does CEO Marshall Gunter think about these results?
"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,"
Sit back, relax and watch this powerful interview.
