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Datametrex Receives Approx $250K Purchase Order

Datametrex AI (TSXV:DM, OTC:DTMXF) has secured new purchase orders worth approximately $250,000 CAD from its IT services division on December 9, 2024.

(Very High)

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Rhea-AI Summary

Datametrex AI (TSXV:DM, OTC:DTMXF) has secured new purchase orders worth approximately $250,000 CAD from its IT services division on December 9, 2024. With an estimated delivery cost of $188,000, the company expects a gross profit margin of 26%. This achievement demonstrates the company's market adaptability and the effectiveness of its land and expansion strategy. The success in the AI & Tech division underscores Datametrex's steady financial performance and strong client partnerships across various business sectors.

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Positive

  • Secured new purchase orders worth $250,000 CAD
  • Healthy gross profit margin of 26%
  • Expected gross profit of approximately $62,000

Negative

  • None.
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TORONTO, ON / ACCESSWIRE / December 11, 2024 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce that it has received purchase orders (P.O.) of approximately $250K CAD from its IT services on December 9, 2024. The estimated cost to deliver is approximately $188K, resulting in a gross profit margin of approximately 26%. This reflects the Company's strength and adaptability in a dynamic, competitive IT market, underscoring the effectiveness of its clear and strategic land and expansion strategy.

The success of the Company's AI & Tech division further highlights the Company's steady financial performance and strength in the partnership with its key clients in the various business sectors. Datametrex has demonstrated its commitment to delivering exceptional service and value to its clients.

Paul Haber, CEO of Datametrex, commented, "We are pleased to announce Datametrex's continued progress in the AI and Tech division. Through our strategic focus and strong partnership with major clients, we are confident in maintaining this positive momentum and deliver significant value to our shareholders and partners."

About Datametrex
Datametrex is an innovative leader in Technology Solutions, Artificial Intelligence, Healthcare, and Mobile Gaming. The Company excels in delivering tools and solutions that enhance operational efficiencies and business outcomes. With a commitment to innovation, Datametrex is dedicated to supporting enterprises by setting a new standard for business protocols through cutting-edge technology.

For more on Datametrex, please visit our Company website.

For Additional Information
Paul Haber, C.P.A., C.A., C.Dir
CEO & Chairman
info@datametrex.com
(416) 318-6501

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements
This news release contains "forward-looking statements," which involve risks, uncertainties, and factors that could cause actual results to differ materially from those anticipated. These statements are not historical facts and are generally identified by words such as "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," and similar expressions. Such statements include expectations related to game development and other Company plans.

While Datametrex believes the forward-looking information is reasonable as of the date of this release, these statements involve assumptions, risks, and uncertainties that could cause actual outcomes to differ. Key factors include general economic conditions, legislative and regulatory developments, access to capital, industry competition, and the Company's ability to execute its strategies. The Company does not undertake to update these statements, except as required by law. Readers are advised not to place undue reliance on forward-looking information.

Factors that could cause actual results to differ materially are detailed under "Risk Factors" in Datametrex's management's discussion and analysis and available on the Company's profile at www.sedarplus.ca.

This release does not constitute an offer to sell or a solicitation to buy, nor shall it constitute an offer, solicitation, or sale in any jurisdiction where such would be unlawful prior to registration or qualification under applicable securities laws. We seek Safe Harbor.

SOURCE: DataMetrex AI Ltd.



View the original press release on accesswire.com

FAQ

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What is the value of Datametrex's (DTMXF) latest purchase order in December 2024?

Datametrex received purchase orders valued at approximately $250,000 CAD from its IT services on December 9, 2024.

What is the expected gross profit margin for DTMXF's latest IT services contract?

The expected gross profit margin is approximately 26%, with delivery costs of $188,000 on a $250,000 contract.

When did Datametrex (DTMXF) receive the new $250K purchase order?

Datametrex received the purchase order on December 9, 2024.

What is the estimated delivery cost for DTMXF's new $250K contract?

The estimated cost to deliver the IT services is approximately $188,000 CAD.

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