Fobi Ai Inc Stock Price, News & Analysis

Fobi AI Inc. (FOBIF) has announced a strategic partnership with FanMaker to enhance mobile wallet functionality and advanced analytics for professional and collegiate sports teams across North America. This collaboration aims to integrate real-time data analytics and a seamless mobile wallet experience, improving fan engagement and monetization opportunities for sports organizations. FanMaker, known for its loyalty programs, will leverage Fobi's capabilities to strengthen its offerings, creating more personalized fan experiences and expanded corporate sponsorship opportunities.

Fobi AI Inc. (FOBIF) has filed its annual financial statements and management discussion on SEDAR. A webinar will be held on November 1, 2022, at 9:00 AM PST, featuring CEO Rob Anson and CFO Annie Chan. They will discuss year-end financial results and provide highlights from the past fiscal year. Investors can submit questions in advance to ir@fobi.ai. Fobi specializes in data intelligence, helping clients utilize real-time data for personalized customer engagement. The company operates globally across various industries, including retail and telecom.

Fobi AI Inc. (FOBIF) has been added to the S&P/TSX Venture Composite Index, enhancing its visibility to index funds, institutional investors, and family offices.

This inclusion, effective October 24, 2022, is seen as a significant milestone, validating the company's operational strategies and market positioning. CEO Rob Anson highlighted that portfolio managers will need to acquire shares of Fobi to meet index weighting, potentially increasing liquidity. Fobi, known for its real-time data analytics, aims to leverage this new exposure for growth and investor engagement.

Fobi AI Inc. (FOBIF) announced the launch of its new Passcreator integration with Streamboxy, facilitating hybrid events that cater to both on-site and remote attendees. This integration expands Fobi's CheckPoint Conference & Event Management solutions, tapping into Streamboxy's established client base, including Tier 1 companies like BMW and Panasonic. Fobi will benefit from revenue through affiliate marketing and licensing fees related to Passcreator Wallet passes. As hybrid events rise in popularity, this strategic partnership positions Fobi to capture a larger share of the European and North American enterprise market.

Fobi AI Inc. (FOBIF) provides a corporate update following a review by the British Columbia Securities Commission. The update highlights ongoing pilot programs and a letter of intent with All Net LLC for a project in Las Vegas. Notably, Fobi has successfully transitioned to a procurement partner with TELUS, resulting in revenue-generating contracts. The company continues to explore opportunities with BDG Sports and Senor Frogs, as well as its partnership with Empower Clinics. Challenges with projects involving Maplin and Pharmassist are acknowledged, though insights gained have led to new agreements.

Fobi AI Inc. (FOBIF) has launched a new Qples Affiliate Marketing Platform, onboarding 10 influencers that will expand its audience reach by over 10 times. This move aims to significantly increase coupon print volume and revenue by leveraging affiliate websites and social media. Additionally, the company has initiated two deals with CPG brands via its ShopperBridge platform, enhancing its media and advertising sales potential. The company's focus on analytics and influencer engagement is anticipated to contribute positively to its financial growth in the coming quarters.

Fobi AI Inc. (FOBIF) has signed a 3-year exclusive data license agreement with Ideal POS, one of Canada's largest POS providers, enhancing its role as a leading data aggregator in the independent retail marketplace. The partnership aims to enable revenue generation through quarterly and annual data licenses via the Fobi Data Exchange (FDX). Additionally, they plan to launch an advanced digital member loyalty card solution and an age verification service, targeting the hospitality sector. This collaboration signifies Fobi's strategic expansion into key Canadian markets, especially in liquor retail.

Fobi AI Inc. (FOBIF) has announced a strategic partnership with XInfluence, a prominent influencer marketing platform. This collaboration allows both companies to resell each other’s platforms, enhancing their revenue streams. XInfluence, which works with top brands like Unilever and Jamison Whiskey, will resell Fobi’s Passcreator Wallet pass platform while Fobi will offer XInfluence’s services. This integration aims to improve campaign attribution and drive engagement by directly connecting brands with influencers' followers, enhancing sales tracking and ROI measurement.

Fobi AI has partnered with Scotch & Soda to deliver digital customer membership cards through the Passcreator platform. This initiative allows customers to join the 'Club Soda' Membership Program, where membership passes with QR codes will be scanned at retail locations. The integration with Salesforce CRM will enable Scotch & Soda to collect and analyze customer data for targeted marketing. Fobi will earn revenue from onboarding fees and monthly licensing. This collaboration highlights the growing trend of digital wallet adoption, with projections of reaching 4.4 billion users by 2025.