Data Communicati Stock Price, News & Analysis

Data Communications Management Corp. (DCMDF) reported strong financial results for 2024, with revenues reaching $480.0 million, up 7.2% from 2023. The company achieved notable improvements in key metrics, including a 9.4% increase in gross profit to $130.1 million and a 19.7% rise in Adjusted EBITDA to $63.9 million.

The company successfully completed the integration of Moore Canada ahead of schedule, achieving $30-35 million in annualized synergies. DCM implemented significant operational changes, including facility consolidations and workforce optimization, reducing headcount from 1,860 to 1,425 employees.

Looking forward, DCM announced a special dividend of $0.20 per share and initiated a quarterly dividend program of $0.025 per share. The company reaffirmed its 5-year objectives, targeting +5% revenue CAGR, gross profit margins exceeding 30%, and Adjusted EBITDA margin above 14%.

Data Communications Management (DCM) has released preliminary financial results for fiscal 2024, projecting revenue between $478-480 million and Adjusted EBITDA of $62-64 million. The company reports completing the Moore Canada integration ahead of schedule and on budget.

The company's gross profit margin stands at approximately 27%, with management maintaining their objective to return to pre-acquisition levels of +30%. Total Net Debt at the end of 2024 is expected to be around $79 million.

Performance was impacted by accelerated plant network consolidation, ERP system integration, exit from low-margin accounts, shifts in project timing for large enterprise clients, and the Canada Post strike at year-end. Final audited results will be announced after market close on March 12, 2025.

DATA Communications Management Corp. (DCM) has announced two significant dividend initiatives. The company will pay a special cash dividend of $0.20 per share on March 25, 2025, to shareholders of record on March 12, 2025, with half designated as eligible and half as ineligible dividends for Canadian tax purposes.

Additionally, DCM is initiating a regular quarterly dividend program, with an initial payment of $0.025 per share scheduled for April 4, 2025, to shareholders of record as of March 21, 2025. This quarterly dividend will be designated as an eligible dividend for Canadian tax purposes. The total initial commitment to shareholders amounts to $12.4 million.

The dividend program is supported by DCM's improved financial leverage following the Moore Capital acquisition and integration, with higher free cash flow expected in 2025 and beyond.

DATA Communications Management Corp. (DCM) marked its 20th anniversary of listing on the Toronto Stock Exchange (TSX) by participating in the market-opening ceremony. CEO Richard Kellam, CFO James Lorimer, and DCM's leadership team joined TSX representatives to ring the opening bell.

As a leading Canadian provider of print and digital solutions for marketing communications and workflow, DCM has built strong relationships with major Canadian companies across various sectors, including financial services, transportation, retail, government, healthcare, and lottery. The company emphasized its successful business transformation to meet evolving client needs through technology and innovation, focusing on enhancing product and service offerings.

DATA Communications Management Corp. reported its Q3 2024 financial results with revenues of $108.7 million, showing a gross profit margin improvement to 25.8% from 24.7% in Q3 2023. SG&A expenses decreased to $22.4 million, while Adjusted EBITDA increased by 6.6% to $12.6 million, representing 11.6% of revenues. The company has substantially completed the integration of Moore Canada operations and is consolidating its plant network from 14 to 10 facilities. Despite an 11.4% revenue decline in Q3, year-to-date revenue is up 14.5%. DCM launched ASMBL, an AI-enabled digital asset management platform, and acquired Zavy to enhance its tech offerings.

DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF), a leading Canadian provider of print and digital solutions for marketing communications and workflow, will release its Third Quarter 2024 financial results on November 12, 2024, after market hours. The company will host a conference call and webcast on November 13, 2024, at 9:00 a.m. Eastern time, featuring CEO Richard Kellam and CFO James Lorimer, who will present the results and conduct a Q&A session. Results will be available on the company's Investor Relations page and SEDARplus.

Data Communications Management Corp. (DCM) has released its inaugural Environmental, Social and Governance (ESG) Report, highlighting the company's commitment to continuous improvement in ESG efforts. The report outlines four key commitments:

• Lowering greenhouse gas emissions by establishing science-based targets
• Helping create a greener planet through participation in the PrintReleaf reforestation program
• Building a more inclusive workplace and supporting communities
• Improving the sustainability of DCM's operations

Notable achievements include establishing near-term science-based targets validated by the Science-Based Targets initiative (SBTi), planting 716,345 trees in 2023 through the PrintReleaf partnership, and securing sustainability certification for seven DCM facilities under the Sustainable Green Printing Partnership. DCM plans to publish annual updates on its ESG progress going forward.

Data Communications Management Corp. (DCM), listed as DCMDF on OTCQX, will be presenting at the 2024 Cantech Letter Investment Conference on October 9, 2024, in Toronto, Ontario. James Lorimer, CFO of DCM, and Pierce Kellam, Senior Director of ASMBL, will attend the conference.

Mr. Lorimer will deliver an investor presentation, while Mr. Kellam will provide an update on ASMBL, DCM's recently launched digital asset management platform. Both executives will participate in 1-on-1 meetings with investors.

The presentation is scheduled for 2:30 PM EST at the Arcadian Loft in Toronto. DCM views this conference as an opportunity to increase exposure to the investment community and showcase their latest technology solution, ASMBL, launched in July 2024.

DATA Communications Management Corp. (DCM), a leading North American marketing and business communication solutions provider, has announced its participation in the Planet MicroCap Showcase: VANCOUVER 2024. The event, in association with Small Cap Discoveries, is scheduled for Wednesday, September 25, 2024.

Key highlights:

• DCM's presentation is set for 10:30 AM PT (1:30 PM ET)
• President & CEO Richard Kellam will host the presentation and Q&A session
• Live webcast available at https://www.webcaster4.com/Webcast/Page/3056/51001
• DCM will conduct in-person 1x1 meetings at the Fairmont Waterfront Vancouver
• Investors can register for the event and book meetings at https://planetmicrocapshowcase.com/signup

This showcase provides an opportunity for DCM to engage with investors and showcase its business strategies and growth prospects.