Datametrex Receives $1.1M P.O.

Rhea-AI Summary

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.

Positive

• Secured new Purchase Orders worth $1.1M
• High gross profit margin of 63%
• Revenue generation through subsidiary demonstrates operational success

Negative

• None.

TORONTO, ON / ACCESS Newswire / February 6, 2025 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce that its wholly owned subsidiary, Datametrex Korea, received Purchase Orders (P.O.) for service and tech support valued at approximately $1.1M, with a projected gross profit margin of approximately 63%, as of January 31, 2025. This achievement underscores the continued growth of the Company's AI and Tech division, demonstrating its strong financial performance and commitment to delivering exceptional value to its clients.

Paul Haber, CEO of Datametrex, commented, "Establishing these long-term relationships represents a significant milestone for our AI and Tech division. This progress reflects our ongoing commitment to delivering innovative solutions and driving sustainable growth. We are excited to continue strengthening our client partnerships and expanding our presence in the industry."

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 ACCESS Newswire

FAQ

What is the value of the new Purchase Orders received by Datametrex (DTMXF) in January 2025?

Datametrex received Purchase Orders valued at approximately $1.1M through its subsidiary Datametrex Korea as of January 31, 2025.

What is the expected gross profit margin for Datametrex's (DTMXF) new $1.1M Purchase Orders?

The projected gross profit margin for the $1.1M Purchase Orders is approximately 63%.

Which Datametrex (DTMXF) subsidiary received the $1.1M Purchase Orders in January 2025?

Datametrex Korea, a wholly owned subsidiary of Datametrex AI , received the Purchase Orders.

What type of services are covered in Datametrex's (DTMXF) $1.1M Purchase Orders?

The Purchase Orders are for service and tech support provided by Datametrex Korea.