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DataMetrex AI (TSXV:DM) Intangible Assets : C$3.20 Mil (As of Sep. 2024)


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What is DataMetrex AI Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. DataMetrex AI's intangible assets for the quarter that ended in Sep. 2024 was C$3.20 Mil.


DataMetrex AI Intangible Assets Historical Data

The historical data trend for DataMetrex AI's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DataMetrex AI Intangible Assets Chart

DataMetrex AI Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.34 6.66 5.98 5.29 18.57

DataMetrex AI Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Jun24 Sep24
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.16 15.12 14.60 3.27 3.20

DataMetrex AI Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


DataMetrex AI  (TSXV:DM) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


DataMetrex AI Intangible Assets Related Terms

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DataMetrex AI Business Description

Traded in Other Exchanges
Address
2300 Yonge Street, Suite 2802, Toronto, ON, CAN, M4P 1E4
DataMetrex AI Ltd is a information technology company. The Company focuses on collecting, analyzing, and presenting structured and unstructured data using machine learning and artificial intelligence. The company is also engaged in blockchain technology for the collection, storage, transfer, analysis, and presentation of data. Its operating segments are AI & technology and Health Security segment. Its geographical segments are Canada and South Korea.
Executives
Chan Park Director
Omar Sharif Senior Officer
Paul Haber Director
Andrew Jong Soo Ryu 10% Security Holder, Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Jerry Marshall Gunter Senior Officer
Benjamin Gallander Director
James Scott Peterson Director
Dong Hyun Shim Senior Officer
John A. D. Mcmullen Director
Todd Michael Shapiro Director
Byungjoo (steve) Kang Senior Officer
Jeff Stevens Senior Officer
Michael Frank Senior Officer