Digital Brand Media and Marketing Group Inc (DBMM)

[Jetmek_03052]

So talking pure revenue/borrowing numbers, DBMM is in the proverbial toilet.

Q1 - $85,550 Revenue (Borrowed $141,425) - borrowed 1.65X what they earned
Q2 - $80,784 Revenue (Borrowed $157,817 - borrowed 1.95X what they earned
Q3 - $42,255 Revenue (Borrowed $179,940) - borrowed 4.26X what they earned
Q4 - $29,179 Revenue (Borrowed $176,456) - borrowed 6.05X what they earned

Total Revenue for the fiscal year ending August 31, 2024 - $237,868
Total Borrowings for the fiscal year ending August 31,2024 - $655,638
Average rate of borrowing for the fiscal year ending August 31,2024 - 2.76X revenue!!!!

Anyone see a pattern here? I sure do. Over the last year - with absolutely no interference from the SEC, with no COVID pandemic, with Brexit not even in the news, with the economy humming along (no giant issues, no crashes) - in other words - with NO "EXTERNAL" factors - DBMM has LOST REVENUE EVERY QUARTER!

DBMM's revenue in the last quarter was equal to roughly $9,726 per month.

DBMM has not announced any new clients being signed on in the first quarter (ended yesterday). That equates to a first quarter revenue number of around $29K (same as Q4)! Last year, they BORROWED $655,638!! Breaking that out to a quarterly figure, you get borrowings of roughly $163,909/quarter or 54,637/month!

DBMM's expenses seem to remain relatively constant every quarter, but their REVENUE is decreasing every quarter! Extrapolating next year's numbers using Q4 revenue as a guide means that DBMM is likely to borrow almost 5.5 TIMES more per month than they EARN in the coming year (unless they sign on more clients)!

And this is nothing new for DBMM. Their Accumulated Deficit for all operations since inception (20+ YEARS ago) is now over $18 MILLION DOLLARS ($18,181,536). The accumulated deficit is basically a running total amount of what DBMM has reported losing, added together for every year. Linda is doing a wonderful job, eh?

Can anyone figure out WHY Digital Clarity is not signing on any new clients??? If DC is so "cutting edge" with its vaunted "AI approach"? Then why can't they seem to sign on any new clients?

Mystifying, eh?