2021-11-24 DCM FI
Analyst Articles

DCM Q3 Financials In-line as Consolidation Improves Cash Flow

We have written a 19-page Update Report on DCM. The communications and marketing solutions provider continues its “Digital-First” strategy and leveraging its existing platforms for direct-to-print applications, marketing and workflow management, and DAM solutions. Revenue was $56.9M, up 3.1% from $55.2M in Q2/2021. Adjusted EBITDA was $9.4M and improved cash flow reduced debt in the quarter by $2.8M. We are maintaining a Buy rating and increasing the one-year price target to $3.75/share from $3.60/share. [more]

DCM - Initiation Report
Analyst Articles

Digital-First Strategy and Tactical Consolidation Drives EBITDA Growth at DCM

DCM is a Canadian-based communications and marketing solutions provider that offers comprehensive online and offline communications and marketing solutions to businesses. The Company is implementing a “Digital-First” strategy and leveraging its existing platforms for direct-to-print applications, marketing and workflow management, and Digital Asset Management (DAM) solutions. We are Initiating Coverage on DCM with a Buy rating and one-year price target of $3.60/share. [more]

Peak-PKK-NASDAQ
Analyst Articles

NASDAQ Listing & $100M Sales Guidance Fuels Peak’s H2/21

Stock price up over 700% year-over-year. Peak’s management believes that the NASDAQ listing will attract new tech-centric institutional shareholders. Peak releases Revenue & EBITDA guidance and forecasts revenue of $104M in 2021 with EBITDA of $12.5M, ramping up to $624M of revenue in 2023 with EBITDA of $155M. Recent $52.6M financing to “unlock” new expansion and partnership opportunities. We are increasing our one-year target price to $11.00 from $4.80. [more]

EQ - Q1-2021 update report
Analyst Articles

EQ Works – Data Revenue Increases 12% Year-over-Year as EQ Forecasts 60% Revenue Growth Next Quarter as Retail Reopens

14-page Update Equity Research Reports on EQ’s Q1/2021 financial results. EQ’s data solutions revenue, recently its fastest-growing segment, increased 12% year-over-year to $0.48 million in Q1/2021. Due to seasonality & COVID-19 impacts, overall revenue for Q1/2021 was $1.75 million, down from $2.20 million in Q1/2020 but slightly higher than our estimate of $1.70 million. [more]

Analyst Articles

EQ Works – Data Revenue Surges 95% Annually as Overall Revenue Up 16% Q/Q as Advertisers Return to Market

13-page Update Equity Research Reports on EQ’s Q4/2020 and 2020 Annual results. Data solutions revenue increased 95% annually to $2.55 million in 2020 and now accounts for 24% of the overall yearly revenue. In January, the Company reported more than $4 million in new commitments for data-driven marketing projects. Overall annual revenue increased 16% to $10.4 million. [more]

Analyst Articles

R/E Tech Company Voxtur Raises C$35M to Fuel Growth

Voxtur operated as iLOOKABOUT until earlier this year when it closed the C$87.6 million acquisition of Voxtur Technologies and renamed the company. Voxtur raised growth capital as it disrupts the residential property appraisals market in North America. Voxtur aims to add value for lenders and tax collectors through digital technologies and a synergistic software suite. [more]