Fobi Announces Record Third Quarter 2023 Earnings with 298% Increase YoY
May 08 2023 - 4:00PM
Fobi AI Inc.
(FOBI:TSXV)
(FOBIF:OTCQB) (the "Company" or "Fobi"), an industry
leader in harnessing AI and data intelligence to enable digital
transformation, is pleased to announce its third quarter 2023
(January 1, 2023 to March 31, 2023) financial results.
Fobi will hold a Webinar with CEO Rob Anson, CFO Annie Chan, and
CRO Colby McKenzie to discuss the Company’s Q3 Financial Results on
Tuesday, May 9, 2023, at 9:00am PST/12pm EST. Registration for this
webinar is here.
Rob Anson, CEO of
Fobi, states: "I am very proud of
the members of the Fobi team as they have all battled through and
kept their heads down with laser focus on the execution of our
strategy. We are beginning to experience great growth and momentum
as our solutions are extremely agile, scalable, and highly
customizable, making them ideal for businesses of all sizes and
industries.
We are seeing strong demand for our products and services as
Fobi works to digitally transform and leverage automation to help
businesses gain a competitive edge. As a result of the demand and
relevancy of our commercialized product stack, we are confident in
our ability to continue our growth trajectory and close out our
fourth quarter in record fashion.”
The link to the SEDAR filing is here.
This press release is available on the Fobi website.
To download the Fobi Investor Experience Wallet Pass to get
enhanced access to investor information about Fobi, please visit
our Investor Experience page.
About FobiFounded in 2017 in
Vancouver, Canada, Fobi is a leading AI and data intelligence
company that provides businesses with real-time applications to
digitally transform and future-proof their organizations. Fobi
enables businesses to action, leverage, and monetize their customer
data by powering personalized and data-driven customer experiences
and drives digital sustainability by eliminating the need for paper
and reducing unnecessary plastic waste at scale.
Fobi works with some of the largest global organizations across
retail & CPG, insurance, sports & entertainment, casino
gaming, and more. Fobi is a recognized technology and data
intelligence leader across North America and Europe, and is the
largest data aggregator in Canada's hospitality & tourism
industry.
For more information, please contact:
Fobi AI Inc. |
|
Fobi Website: www.fobi.ai |
Rob Anson, CEO |
|
Facebook: @ Fobiinc |
T : +1 877-754-5336 Ext. 3 |
|
Twitter: @ Fobi_inc |
E: ir@fobi.ai |
|
LinkedIn: @ Fobiinc |
This news release contains certain statements that constitute
forward-looking statements or information, including statements
regarding Fobi's business and technology; the ability of Fobi to
engage with industry participants to achieve its goals; the
development of Fobi's technology; and the viability of Fobi's
business model. Such forward-looking statements are subject to
numerous risks and uncertainties, some of which are beyond Fobi's
control, including the impact of general economic conditions,
industry conditions, competition from other industry participants,
stock market volatility, and the ability to access sufficient
capital from internal and external sources. Although Fobi believes
that the expectations in its forward-looking statements are
reasonable, they are based on factors and assumptions concerning
future events which may prove to be inaccurate. Those factors and
assumptions are based upon currently available information. Such
forward-looking statements are subject to known and unknown risks,
uncertainties, and other factors that could influence actual
results or events and cause actual results or events to differ
materially from those stated, anticipated, or implied in the
forward-looking statements. As such, readers are cautioned not to
place undue reliance on the forward-looking statements, as no
assurance can be provided as to future results, levels of activity,
or achievements. The forward-looking statements contained in this
news release are made as of the date of this news release and,
except as required by applicable law, Fobi does not undertake any
obligation to publicly update or to revise any of the included
forward-looking statements, whether as a result of new information,
future events or otherwise. The forward-looking statements
contained in this document are expressly qualified by this
cautionary statement. Trading in the securities of Fobi should be
considered highly speculative. There can be no assurance that Fobi
will be able to achieve all or any of its proposed objectives.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accept responsibility for the adequacy or
accuracy of this release.
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