02:29:31 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Datametrex AI Ltd
Symbol DM
Shares Issued 407,884,701
Close 2024-01-10 C$ 0.02
Market Cap C$ 8,157,694
Recent Sedar Documents

Datametrex's December IT services revenue at $1M

2024-01-11 11:15 ET - News Release

Mr. Charles Park reports

DATAMETREX GENERATES OVER $1 MILLION REVENUE IN DECEMBER FOR IT SERVICES

Datametrex AI Ltd. recorded over $1-million in revenue with expenses of approximately $650,000 at a gross profit margin of approximately 36 per cent for information technology services in December, through its wholly owned subsidiary, Datametrex Korea. This performance not only reflects the company's progress and adaptability in a dynamic market environment, but underscores the effectiveness of the company's "deep and narrow" strategy.

The December revenue is a result of the company's "land and expand" strategy with major clients like Lotte. This approach has not only fortified existing partnerships, but also enabled expansion into new areas within these large organizations.

Additionally, Datametrex Korea's expansion into new industries, such as acquiring clients in the energy sector and the finance sector, demonstrates its capability to cater to diverse market demands. These developments underscore the potential for Datametrex Korea to maintain its positive momentum heading into 2024.

About Datametrex AI Ltd.

Datametrex is an innovative leader in technology solutions, artificial intelligence and health care. The company excels in delivering tools and solutions that enhance operational efficiencies and business outcomes on a global scale.

We seek Safe Harbor.

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