Analyst Articles

NEW UPDATE REPORT – DCM – MediaValet Acquisition Multiple Bodes Well for DCM’s Valuation as its Pays Down Debt and Focuses on Tech Strategy

We have written a 12-page Update Report on DATA Communications Management, a Canadian-based communications and marketing solutions provider that offers comprehensive online and offline communications and marketing solutions to businesses. The report highlights how STG Partners’ acquisition of MediaValet Inc. for $79 million showcases a favorable valuation trend for Canadian SaaS and DAM sectors. DCM’s valuation could benefit as it enhances its SaaS offerings and focuses on a Print-to-Digital transition. The Company has also successfully completed a series of sale and leaseback transactions, raising $37.8 million, and aiding in debt reduction. DCM’s recognition in the 2024 OTCQX Best 50 underscores its market performance and strategic positioning. We are maintaining our price target and recommendation. [more]

2023-11-13 DCM - 2023-Q3 Update Report
Analyst Articles

NEW UPDATE REPORT – DCM – Revenue & EBITDA Growth Continues to Benefit from MCC Acquisition; Deal Synergies Now Targeting up to $35M

We have written a 15-page Update Report on DATA Communications Management, a Canadian-based communications and marketing solutions provider that offers comprehensive online and offline communications and marketing solutions to businesses. The update report provides highlights of the Company’s Q3/2022 financials and an update on integration activities and synergies after merging with Moore Canada Corporation. [more]

DCM - 2023-Q2 Update Report
Analyst Articles

NEW UPDATE REPORT – DCM Acquisition Provides 75% Revenue Jump & Cash Flow Growth as Merger Synergies Drop to the Bottom Line

We have written a 14-page Update Report on DATA Communications Management, a Canadian-based communications and marketing solutions provider that offers comprehensive online and offline communications and marketing solutions to businesses. The update report provides highlights of the Company’s Q2/2023 financials and the recent acquisition of Moore Canada Corp. and a full summary of our valuation methodology. We maintain the Target Price of $6.90. [more]

2023-06-14 DCM - Update Report
Analyst Articles

NEW UPDATE REPORT – DCM and MCC Merger Closes and Leaps Forward with $26.1M Financing & $23.1M Facility Sale

We have written an 18-page Update Report on DATA Communications Management, a Canadian-based communications and marketing solutions provider that offers comprehensive online and offline communications and marketing solutions to businesses. The update report provides highlights of the Company’s Q4/2022 and Q1/2023 financials, the acquisition of Moore Canada Corp. (MCC), and a full summary of our valuation methodology. We increased the Target Price to $6.90 from $4.50. [more]

Analyst Articles

NEW UPDATE REPORT – Strategic Merger Between DCM and RRD Canada Sparks Industry Consolidation with Beneficial Synergies

We have written a 10-page Update Report on DATA Communications Management(DCM), a Canadian-based communications and marketing solutions provider that offers comprehensive online and offline communications and marketing solutions to businesses. The update report provides highlights of the Company’s recent announcements to acquire RRD Canada and preliminary full-year financial results for 2022 with revenue in the range of $270 million to $274 million, a 15% to 16.5% increase compared with 2021. [more]

Foodtastic and Freshi
Agriculture & Fertilizer Companies

Foodtastic to Acquire Healthy-Food Restaurant Freshii for $74.4 Million

Foodtastic announced that it has entered into an agreement to acquire Freshii Inc. (TSX:FRII) . Under the terms of the agreement, Foodtastic will purchase all of Freshii’s shares for $2.30 in cash per share, totaling approximately $74.4 million. This price represents a premium of 148% over Freshii’s 20-day volume-weighted average price per share as of December 16, 2022, and a 142% premium over the closing price on the same date. [more]