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DATA COMMUN MGMT CORP (DCMDF) is a leading provider of data communication solutions, specializing in managing and optimizing data flow for businesses of all sizes. With a focus on innovation and efficiency, the company offers a wide range of services, including data integration, data security, and data analytics. Their cutting-edge technologies and strategic partnerships ensure that clients receive top-notch solutions tailored to their specific needs. With a strong financial position and a track record of success, DATA COMMUN MGMT CORP is poised for continued growth and expansion in the competitive data management industry.
DATA Communications Management Corp. (DCM) has officially closed its acquisition of R.R. Donnelley & Sons’ Canadian operations (RRD Canada) for $130.8 million. This strategic move aims to enhance DCM's market position, boosting its estimated pro forma revenues to over $520 million in 2022. DCM is targeting an organic annual revenue growth of over 5% and aims for an Adjusted EBITDA margin exceeding 14%. The acquisition will also expand its client base to over 400 enterprise clients. Rael Fisher, former President of RRD Canada, will join DCM as Chief Integration Officer to oversee the integration process.
DATA Communications Management Corp. (DCM) announced the receipt of a "no-action letter" from the Canadian Competition Bureau regarding its acquisition of R.R. Donnelley & Sons Company’s Canadian operations. This letter means the Commissioner of Competition does not plan to challenge the transaction, which is anticipated to close in the second quarter of 2023. This marks a significant milestone for DCM as it proceeds with the deal, aimed at enhancing its market position and operational capabilities. The company serves various sectors, integrating solutions to simplify communication and operations.
DATA Communications Management Corp. (DCMDF) reported a strong performance for Q4 2022, with revenues increasing by 20.0% to $73.0 million and gross profit rising 33.0% to $23.6 million, compared to Q4 2021. For the full fiscal year 2022, revenue grew 16.3% to $273.8 million, gross profit was up 21.1% at $84.2 million, and net income surged 792.4% to $14.0 million. The company reported EBITDA growth of 45.3% for the year. Notably, DCM plans to acquire RRD Canada, which is expected to enhance capabilities and drive operational efficiencies. The company has reduced total debt by 26% to $27.3 million.
DATA Communications Management Corp. (OTCQX: DCMDF) will announce its Fiscal 2022 and Fourth Quarter 2022 results on March 21, 2023. A conference call is scheduled for March 22, 2023, at 9:00 a.m. Eastern time, featuring President and CEO Richard Kellam and CFO James Lorimer. The earnings results will be available on the company’s Investor Relations page and SEDAR. DCM offers marketing and communication solutions, serving major brands across various sectors for over 60 years, focusing on simplifying operations through technology and comprehensive services.
DATA Communications Management Corp. (DCM) has entered into a share purchase agreement to acquire R.R. Donnelley & Sons' Canadian operations for CDN $123 million. RRD Canada generated approximately CDN $250 million in revenue in 2022 and employs about 1,000 staff. The acquisition aims to create a combined company with over CDN $500 million in annual sales, enhancing DCM's product portfolio and operational capabilities. The transaction is expected to close in Q2 2023, pending regulatory approvals. DCM plans to finance the acquisition entirely with cash from secured credit facilities.
DATA Communications Management Corp. (DCMDF) has reported preliminary financial results for the fiscal year ending December 31, 2022, showing robust growth. Total revenue is expected between
DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) has launched PRSNL™, a comprehensive platform for personalized video content creation and delivery. PRSNL encompasses all stages from strategy to distribution, aiming to meet the rising consumer demand for personalized experiences. With over 25 years in personalized messaging, DCM leverages its expertise to help brands connect more effectively with audiences. Addressing challenges in content creation, PRSNL promises an integrated solution for seamless consumer engagement.
DATA Communications Management Corp. (TSX:DCM)(OTCQX:DCMDF) will present at the Planet MicroCap Showcase: VIRTUAL 2022 on December 7, 2022, at 9:30 AM EST. The presentation will be led by Richard Kellam, President & CEO, who will engage with attendees in a Q&A session afterward. For those interested in attending, registration is necessary for both the showcase and one-on-one meetings. If unable to attend live, webcasts of the presentations will be accessible through the event platform.
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