TORONTO, ON / ACCESSWIRE / August 28, 2024 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce that it has achieved revenue of approximately $1.3 million, with expense of $821K with a gross profit margin of approximately 37% from its IT services in Korea, in the first half of 2024. This strong financial performance underscores the Company's ability to navigate and thrive within a dynamic and competitive market landscape, reinforcing the effectiveness of its ‘deep and narrow' strategic approach.
NEW YORK, NY / ACCESSWIRE / August 26, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Desktop Metal, Inc. (NYSE:DM) , relating to its proposed merger with Nano Dimension Ltd.
TORONTO, ON / ACCESSWIRE / August 20, 2024 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTC Pink:DTMXF) is pleased to announce that further to its news release dated July 30, 2024, the Company has successfully closed the final tranche of its non-brokered private placement financing (the "Private Placement" or "Financing"), raising gross proceeds of $565,000.00, for an aggregate total of $1,521,909.30, across all 3 tranches. The final tranche consisted of 28,250,000 units ("Units") at a price of $0.02 per Unit.
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The consensus price target hints at a 370.6% upside potential for Desktop Metal (DM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Nano Dimension announced plans Wednesday to acquire Desktop Metal. The finer financial details are still being worked out, ultimately ranging anywhere from $135 million to $183 million.
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