Datametrex Ai Li Stock Price, News & Analysis

Datametrex AI (TSXV:DM, FSE:D4G, OTCQB:DTMXF) has announced the effective date for its share consolidation. Starting February 19, 2025, the company's shares will trade on the TSX Venture Exchange on a consolidated basis, with a ratio of one post-consolidation share for every thirty pre-consolidation shares. The company will maintain its current name during this process. Following the consolidation, the total number of outstanding shares will be approximately 21,002,671, subject to rounding for fractional shares. The company's new ISIN number for post-consolidation shares will be CA23809L2075.

Datametrex AI (TSXV:DM, OTCQB:DTMXF) has announced a proposed share consolidation on a 30:1 basis, following shareholder approval from November 13, 2024. The consolidation will reduce the outstanding shares from 630,080,158 to approximately 21,002,671 shares.

Management states this consolidation is necessary to optimize the capital structure and attract financing. The consolidation is pending regulatory and TSX Venture Exchange approval. Fractional shares less than 1/2 will be cancelled, while those 1/2 or greater will be rounded up. The company will retain its 'DM' trading symbol, though it will receive a new ISIN number: CA23809L2075.

Registered shareholders will receive instructions via mail for exchanging their pre-consolidation shares, while no action is required from non-registered shareholders.

Datametrex AI (TSXV:DM, OTC PINK:DTMXF) announced that its wholly owned subsidiary, Datametrex Korea, has secured Purchase Orders for service and tech support valued at approximately $1.1M as of January 31, 2025. The company expects a significant gross profit margin of approximately 63% from these orders. The achievement highlights the continued growth of the company's AI and Tech division and demonstrates its strong financial performance in delivering value to clients.

Datametrex AI (TSXV:DM, OTC PINK:DTMXF) has announced that its subsidiary, Datametrex Korea, secured a new Purchase Order worth $440,000 on December 30, 2024. The order comes with a projected gross profit margin of approximately 33%.

The company states this achievement demonstrates their effectiveness in the IT industry through their land and expand strategy, highlighting the strong performance of their AI & Tech division and the strength of their client partnerships.

Datametrex AI (TSXV:DM, OTC:DTMXF) has announced the cancellation of 12,000,000 unvested restricted share units (RSUs) previously held by former employees, directors, and officers. This follows earlier grants of 22,100,000 RSUs on January 29, 2024 (vesting January 29, 2025) and 12,500,000 RSUs on February 15, 2024 (vesting February 15, 2025). After these cancellations, 22,600,000 RSUs remain outstanding under the company's 2023 omnibus incentive plan. The company states it remains committed to aligning its incentive plans with operational goals.

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.

Datametrex AI has secured a new purchase order worth approximately $250,000 CAD for IT services on November 20, 2024. The estimated delivery cost is $190,000, resulting in a gross margin of approximately 25%. The company views this order as validation of its land and expansion strategy and its ability to maintain strong client relationships in delivering IT services.

Datametrex AI has secured new purchase orders worth $500K in its AI and Tech division, with expenses of approximately $300K, achieving a gross profit margin of 40%. The company's success demonstrates its effective land and expansion strategy, particularly with key clients in the services, finance, and public sectors. This performance highlights Datametrex's ability to adapt and excel in a competitive market while maintaining strong partnerships with major clients.

Datametrex AI (DTMXF) held its Annual General Meeting on November 13, 2024, with 17.15% of outstanding shares represented. Shareholders approved all proposed resolutions, including: fixing board directors at four members, re-electing directors, appointing Kingston Ross Pasnak as auditors, approving a name and symbol change, authorizing the sale of the Health Division, approving continuation from Ontario to British Columbia, approving common shares consolidation, and implementing an Omnibus Incentive Plan.