The Deep Dive Assembles Company Overview On Datametrex AI

The Deep Dive has compiled a company overview for that of Datametrex AI Limted (TSXV: DM), a Canadian based company that is focused on AI and Machine Learning through their wholly owned subsidiary Nexalogy, with a recent focus on COVID-19 testing kits.

Datametrex AI's Logo

Nexalogy unlocks valuable insights from social media data. Through its proprietary semantic clustering algorithms, it provides insights and analysis that aren’t available through traditional business intelligence technology. This technology makes data more relevant and is the missing link in providing actionable social media intelligence to governments and organizations all over the world. Recently the company obtained the rights to import and sell COVID test kits from multiple South Korean vendors to Canada, Saudi Arabia, the European Union, Turkey and the United Kingdom.

The overall thesis for DataMetrex in our view can be broken down into the following main points:

  1. DataMetrex has a growing AI Business focused on Social Media Analytics; however the valuation proposition changed when the company recently announced their strategy to distribute South Korean COVID-19 test kits.
  2. Chairman Andrew Ryu has extensive connections and ties to South Korea; the country which is known for the strongest handling of COVID-19.
  3. The company has inked deals with 4 different South Korean COVID test kit manufacturers for global distribution rights.
  4. DataMetrex has already announced various orders and indicated strong demand for their test kits. 
  5. They have created infrastructure for testing; partnering with TransPharma Canada. And will also sell PCR machines which can do up to approximately  96 samples every 1.5 hours.
  6. At the time of publishing, DataMetrex has three sales contracts, where they sold kits for approximately $50 each.
  7. The company believes in the near term they can source (obtain supply of)  between 1 to 2 million South Korean test kits per quarter.

Overall, we feel DataMetrex is a company in transition; with a solid and growing legacy business in social media analytics. The main shareholder value proposition is the opportunity to be the leading global distributor for South Korean COVID test kits.


FULL DISCLOSURE: DataMetrex AI Limited is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover DataMetrex AI Limited on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Silver @ $36 & We’re Still 200M Oz Short | Paul Andre Huet – Americas Gold and Silver

Gold’s Wild Bull Run: Are Markets About to Break? | Mike McGlone

First Majestic Silver: The Santa Elena Mine

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

Datametrex Secures Exclusive Rights For COVID-19 Saliva Test Kit In Canada, Saudi Arabia

Datametrex AI (TSXV: DM) has secured further test kits for its COVID-19 testing operation. The...

Wednesday, February 3, 2021, 08:05:27 AM

Datametrex – The Medi-Call App Launches – The Daily Dive

Today on the Daily Dive, we are joined by Marshall Gunter, CEO of Datametrex AI....

Wednesday, October 27, 2021, 01:30:00 PM

Datametrex AI Appoints Former Secretary of State Hon. James S. Peterson, P.C. To Board of Directors

Datametrex AI Limited (TSXV: DM) this morning announced that they have appointed the Honourable James...

Tuesday, July 28, 2020, 10:37:24 AM

Datametrex To Sell Health Canada Approved COVID-19 Test Kits

Datametrex AI (TSXV: DM) announced this morning that it has obtained non-exclusive rights to a...

Monday, May 11, 2020, 10:56:16 AM

Datametrex Acquires Firm Focused On EV Charging Infrastructure

Datametrex AI (TSXV: DM) is evidently entering into a new vertical. The firm this morning...

Thursday, June 9, 2022, 07:57:27 AM