DigiMax Global (CSE: DIGI) (OTC: DBKSF), a company that provides artificial intelligence (“AI”) and cryptocurrency technology solutions, is reporting its financial results for both the three-month and six-month period ended on July 31, 2021. Worth noting is the announcement that the company saw unrealized gain on digital currencies for the period of C$2.65 million while net equity in the company reached C$17.39 million in Q1 2022 and a further C$1.9 million in Q2 2022. Since unrealized digital currency gains are not included in the net income/loss report under IFRS but are recognized under comprehensive loss, revenues for the six months ended July 31, 2021, totaled C$47,000, which is lower than expected. DIGI also reported comprehensive Income of C$353,000 with outstanding shares numbering 268,265,013. The company noted that it continues to allocate an estimated C$200,000 per month in development costs and operations support.
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About DigiMax
DigiMax is an artificial intelligence technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the company’s engineering team has extensive experience in machine learning, neural language processing, AI, big data and cryptocurrency technology. For more information about the company, please visit www.DigiMaxGlobal.com.
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