Ciscom Stock Price, News & Analysis

Ciscom Corp (OTCQB:CISCF), an ICT sector investment company, reported challenging Q2 2025 results marked by revenue pressure and maintained EBITDA. For H1 2025, revenue declined 37.2% to $10.853M from $17.273M in H1 2024, while gross profit decreased 15.3% to $2.686M.

The company faced multiple headwinds including a Canada Post labor dispute disrupting operations, a major client's bankruptcy, workforce restructuring charges, and impacts from US tariffs. Despite these challenges, Ciscom achieved EBITDA of $0.809M, slightly up from $0.781M in H1 2024, supported by a 21.1% reduction in cash-based operating expenses. The company reported a net loss of $0.592M, affected by one-time charges of $0.657M.

Interact Direct Holding Limited (IDHL) has filed a late early warning report regarding its increased stake in Ciscom Corp. (OTC:CISCF). Through a series of transactions from January to July 2025, IDHL has progressively increased its ownership in Ciscom:

- January 21: Acquired 6,000,000 shares (10.1%)
- June 6: Added 1,000,000 shares, reaching 11.8%
- June 30: Purchased 214,000 shares, increasing to 12.1%
- July 8: Acquired 500,000 shares, bringing total ownership to 7,714,000 shares (13.0%)

CISCOM Corp (OTCQB: CISCF) reported its Q1 2025 financial results, showing revenue decline amid market challenges. The company posted sales of $6.678M, down 9.4% from $7.368M in Q1 2024. Gross profit decreased 17.1% to $1.174M, with margins declining from 19.2% to 17.6%. Despite challenges, Ciscom maintained EBITDA performance through cost reductions, achieving $0.145M in Q1 2025. The company reported a net loss of $0.783M, largely due to one-time charges of $0.557M. Key challenges included a Canada Post labor dispute, a major client's bankruptcy, workforce restructuring, and US tariff impacts. Operations generated positive cash flows of $1.456M, up significantly from $0.675M in Q1 2024.

Ciscom Corp (OTCQB: CISCF) has released its 2024 financial results, showing stable year-over-year performance despite significant challenges. The company maintained revenues at $35.018M (down 0.4% from 2023) and gross profit at $6.822M (down 1.2%). Notable achievements include doubling EBITDA to $2.032M, representing a 106.4% increase from 2023.

The company faced two major setbacks: a Canada Post labor dispute that impacted Q4 sales by approximately $750,000, and a significant client's bankruptcy filing resulting in a $1.385M impairment charge. Despite these challenges, Ciscom generated positive cash flows of $1.236M in 2024 and implemented successful cost reduction initiatives saving over $0.6M annually.

Prospect Media Group, a division of Ciscom Corp. (CSE: CISC) (OTCQB: CISCF), has announced the appointment of Karrie Werny as VP Media, effective March 24th, 2025. This strategic move marks the company's expansion into Western Canada and strengthens its data-driven media services.

Werny, who previously served as VP Business Solutions at Horizon Media, brings over 20 years of leadership experience and expertise across various verticals. Her appointment aims to enhance the company's ability to connect analytical insights with media activations and implement advanced data solutions to improve clients' Return on Ad Spend (ROAS).

The expansion of Prospect's physical presence into Western Canada will enable the company to provide more localized insights and solutions to clients across the country, leveraging Werny's experience in both Alberta and Ontario markets.

Ciscom Corp (CSE: CISC, OTCQB: CISCF), an ICT sector investment company specializing in AdTech and MarTech, has announced that a significant client representing 15.7% of its 2024 gross profit has filed for protection under the Companies' Creditors Arrangement Act (CCAA).

Despite this challenge, the company maintains good standing with its banking partners and emphasizes its commitment to financial management and governance standards. CEO Michel Pepin acknowledged the stress in the retail industry economic environment and potential trade disputes with the USA, stating that Ciscom continuously explores new revenue opportunities to offset changing revenue sources.

Paul Gaynor has increased his holdings in Ciscom Corp through a significant private placement transaction on December 23, 2024. The acquisition involved 3,375,000 units, each comprising one common share and one warrant. Following the transaction, Gaynor's total ownership increased from 21.6% to 29.2% of outstanding shares on a partially diluted basis. Of his total holdings, 16,734,575 shares, options, and warrants are held through Whittaker Inc, a company under his control. The transaction was part of a previously announced private placement from November 12.

Ciscom Corp (CSE: CISC, OTCQB: CISCF) has engaged Phoenix Corporate Finance to secure non-dilutive financing facilities to support its M&A activities in the ICT sector. The arrangement includes a $2.88 million senior term loan with a two-year term and a $10 million renewable acquisition financing facility with a one-year term. Both facilities require no principal repayment until maturity.

The company, which focuses on AdTech and MarTech investments, aims to leverage these lower-cost funding options while waiting for more favorable capital market conditions. Ciscom maintains good standing with its banking partners and continues to pursue its growth strategy through new acquisitions and operational excellence.

Paul Gaynor disclosed his holdings and transactions in Ciscom Corp. As of Ciscom's public listing on June 8, 2023, he held 11,056,333 shares and options, representing 21.4% ownership on a partially diluted basis. Through Whittaker Inc., his controlled company, he held 9,616,000 shares. On June 30, 2023, he acquired 100 additional shares on the CSE. Currently, Gaynor controls 11,616,868 shares and options (21.6% ownership), with 9,984,575 shares held through Whittaker Inc. He has committed to purchasing up to 3,375,000 units in Ciscom's private placement, each unit including one share and one warrant.