tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Datametrex Wins $400,000 in New Orders, Strengthening Korean Growth Platform

Story Highlights
  • Datametrex secured about CAD $400,000 in new purchase orders via its Korean subsidiary.
  • These contracts, with a 17.5% margin, bolster its global growth and enterprise IT positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Datametrex Wins $400,000 in New Orders, Strengthening Korean Growth Platform

Claim 70% Off TipRanks Premium

Datametrex AI ( (TSE:DM) ) has shared an announcement.

Datametrex AI Limited has secured new purchase orders worth approximately CAD $400,000 through its wholly owned subsidiary, Datametrex Korea, reinforcing its role as a provider of IT infrastructure and technology solutions to large global enterprises. The contracts, expected to generate about CAD $400,000 in revenue at an estimated 17.5% profit margin, support the company’s global growth strategy and highlight the importance of its Korean operations in driving revenue growth, client expansion, and its broader ‘land and expand’ approach to building long-term, scalable technology service relationships.

The most recent analyst rating on (TSE:DM) stock is a Hold with a C$0.08 price target. To see the full list of analyst forecasts on Datametrex AI stock, see the TSE:DM Stock Forecast page.

Spark’s Take on TSE:DM Stock

According to Spark, TipRanks’ AI Analyst, TSE:DM is a Neutral.

Overall score is weighed down primarily by weak financial performance (shrinking revenue, sizable losses, negative free cash flow, and elevated leverage with thin equity). Technicals also remain soft with price below key moving averages and a negative MACD. Valuation provides limited support due to negative earnings and no dividend yield data.

To see Spark’s full report on TSE:DM stock, click here.

More about Datametrex AI

Datametrex AI Limited is a Canadian technology company focused on technology solutions, artificial intelligence, and healthcare, providing tools and services aimed at improving operational efficiency and business outcomes for enterprise clients. Through subsidiaries such as Datametrex Korea, the company delivers IT infrastructure and technology solutions to large global enterprises, positioning itself as an innovation-driven provider of scalable, cutting-edge business technology.

Average Trading Volume: 92,527

Technical Sentiment Signal: Sell

Current Market Cap: C$7.73M

For detailed information about DM stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1