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    MTRX   CA54351R1029

LOOP INSIGHTS INC

(MTRX)
End-of-day quote Bourse de Toronto  -  05-16
0.5900 CAD    0.00%
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
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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 Signs $300,000 Annual License With Leading Global Insurance Provider To Provide Digital Proof Of Insurance For Europe

01/05/2022 | 06:00am EDT

Fobi AI Inc. announced that the company has signed an annual license with an auto-renewal with one of the world's leading insurance providers. Fobi earns revenue from this deal through an annual license fee as well a license fee per Wallet pass issued, generating monthly recurring revenue. Fobi’s Wallet pass platform will now enable the insurance provider to issue digital proof of insurance passes for both auto insurance and general insurance across five countries in Europe. The utilization of Wallet passes for digital proof of insurance by global insurance companies is very advanced, and with this most recent deal, Fobi is now powering three of the top ten global insurance providers with their Passcreator Wallet pass platform. The utilization of the Wallet pass digital proof of insurance makes for a great customer experience. In case of an accident, instead of fumbling for the paperwork that may or may not be in the glove compartment, drivers can simply pull up their Wallet passes to exchange information. And, by scanning the QR code on the pass with the camera on their phone, their information can automatically be sent to their insurance company to speed up claims processing.


ę S&P Capital IQ 2022
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 -8,64 M -8,64 M
Net cash 2021 7,44 M 5,80 M 5,80 M
P/E ratio 2021 -16,4x
Yield 2021 -
Capitalization 87,2 M 67,9 M 67,9 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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