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    MTRX   CA54351R1029

LOOP INSIGHTS INC

(MTRX)
End-of-day quote Bourse de Toronto  -  05-15
0.5900 CAD   +1.72%
05/12PRESSWIRE GLOBAL NEWS DISTRIBUTION : Fobi Signs LOI To Acquire The Intellectual Property And Assets Related To Basket, A Global Market Leading Retail Price Comparison App And Shopper Intelligence Data Platform Servicing Tier 1 Retail & CPG Brands
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05/12Fobi Signs LOI To Acquire The Intellectual Property And Assets Related To Basket, A Global Market Leading Retail Price Comparison App And Shopper Intelligence Data Platform Servicing Tier 1 Retail & CPG Brands
AQ
05/12Fobi AI Inc. entered into a letter of intent to acquire Certain Intellectual Properties and Assets in Basket from Grocery Shopping Labs Inc.
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Fobi AI Inc. Announces One Year Agreement with One of the Largest Operators of Golf Courses in North America

12/21/2021 | 06:00am EDT

Fobi AI Inc. announced a one year agreement with one of the largest operators of golf courses in North America, to digitize their member cards using Fobi’s new digital golf membership Wallet pass solution. Fobi will generate revenue from this and other such deals through an annual license fee and through monthly Wallet pass license fees on a per pass issuance basis. The company will utilize Fobi’s Wallet pass technology to provide integrated digital membership passes that will be included as part of their membership purchase process. They currently have 3 tiers to their membership program for golf and at the pro shops, rewards, etc. They will now use the Fobi Golf Wallet pass solution to deliver tiered digital membership cards that will live in the native wallet that is in every iOS and Android phone worldwide, improving the customer experience for their members, who no longer need to worry about forgetting their membership card at home. Fobi’s new Wallet pass membership solution is also better for the environment as it will enable Golf courses to replace their current plastic membership passes with digital ones, removing a significant amount of plastic from the environment. This is very similar to the recent deal Fobi announced with S4S in Iceland to replace their plastic gift cards with Digital Gift cards powered by Fobi’s Wallet pass solution. Fobi is also integrating their digital golf membership Wallet pass solution into golf course POS systems, which means that golf courses can now track member purchases and use purchase behavior to drive more targeted communications and campaigns in real-time through their digital membership Wallet passes. This improves the customer experience by ensuring that any communications are targeted to the right members at the right time and place and can help to drive increased revenue from golf and merchandise through these more personalized and timely offers. Fobi will also be integrating this solution with golf course management systems enabling contactless check ins, ensuring a better golf day experience.


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All news about LOOP INSIGHTS INC
05/12PRESSWIRE GLOBAL NEWS DISTRIBUTION : Fobi Signs LOI To Acquire The Intellectual Property A..
AQ
05/12Fobi Signs LOI To Acquire The Intellectual Property And Assets Related To Basket, A Glo..
AQ
05/12Fobi AI Inc. entered into a letter of intent to acquire Certain Intellectual Properties..
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04/29PRESSWIRE GLOBAL NEWS DISTRIBUTION : Fobi Incorporates And Launches New Wholly Owned Subsi..
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04/29Fobi AI Inc. Launches New Wholly Owned Subsidiary PulseIR
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04/21Fobi AI Unveils Data Driven Platform Called the Investor Pass
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04/21PRESSWIRE GLOBAL NEWS DISTRIBUTION : Fobi Launches Verified Digital and First of its Kind ..
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04/21Fobi Launches Investor Pass
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04/14FOBI AI : Md&a q2 2022 fobi ai inc.
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04/14FOBI AI : Interim Financial Statements Q2 2022 FOBI AI INC.
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Financials
Sales 2021 0,16  0,12  0,12 
Net income 2021 -11,1 M -8,60 M -8,60 M
Net cash 2021 7,44 M 5,77 M 5,77 M
P/E ratio 2021 -16,4x
Yield 2021 -
Capitalization 87,2 M 67,5 M 67,5 M
EV / Sales 2020 -
EV / Sales 2021 1 188 401 672x
Nbr of Employees -
Free-Float 79,3%
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Managers and Directors
Robert D. Anson President & Chief Executive Officer
Annie Chan Chief Financial Officer
Tamer Shafik Chief Technology Officer
Gavin Lee Chief Operating Officer
Peter Green Independent Director
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