Marketing Solutions Archives

NEW UPDATE REPORT – Strategic Integration Drives Long-Term Growth at DCM Amid Short-Term Revenue Challenges in Q3

November 16, 2024 Chris Thompson

We have written a 16-page Update Report on DATA Communications Management (DCM) after it released Q3/2024. DCM is a Canadian-based communications, DAM, marketing, MarTech, and social media analytics solutions provider. Revenue increased 14.5% YTD driven by the Moore Canada Corporation (MCC) acquisition. Despite a 11.4% decline in quarterly revenue due to reduced client spending and strategic account exits, DCM continued to focus on operational efficiencies and cost reductions. Adjusted EBITDA rose 6.6% Y/Y to $12.6 million, supported by MCC synergies and restructuring efforts. The company launched ASMBL and acquired Zavy Limited to expand tech-enabled solutions. DCM remains optimistic about revenue recovery and targets an improved EBITDA margin of over 14% in the coming quarters. [more]

NEW UPDATE REPORT – DCM Expands MarTech Offerings with Acquisition of Social Media Analytics Provider Zavy

November 9, 2024 Chris Thompson

We have written a 10-page Update Report on DATA Communications Management (DCM) after it acquired Zavy Limited, a New Zealand-based provider of social media analytics. This acquisition enables DCM to expand its MarTech offerings, enhancing capabilities in social media performance analytics, audience sentiment, and data-driven marketing. Zavy’s platform provides tools like social media benchmarking and AI-driven insights, aligning with DCM’s strategic goals to shift towards digital solutions. The acquisition also allows DCM to extend Zavy’s services to North American markets, meeting the demand for social media analytics among both large enterprises and small to medium-sized businesses. [more]

eResearch - DCM -Q2-2024 - Financial Results - SM2

NEW UPDATE REPORT – DCM Navigates Integration Challenges with Strategic Focus on H2/2024 Revenue Growth and Margin Improvements

August 8, 2024 Chris Thompson

We have written a 17-page Update Report on DATA Communications Management (DCM) after it released Q2/2024 financials. DCM is a Canadian-based communications and marketing solutions provider. Revenue increased 5.7% to $125.8 million, though below our estimate due to deferred client projects. The company remains focused on completing the integration of Moore Canada Corporation by year-end and achieving annualized cost savings of $30 to $35 million. DCM‘s strategic initiatives target improved gross margins and revenue growth, particularly through technology-enabled solutions, including its new Digital Asset Management (DAM) solution called ASMBL. Focused on the merger integration, DCM reported a 22.2% increase in Adjusted EBITDA to $16.9 million. [more]

eResearch's video on Data Communications Management's (TSX: DCM) 2024-Q1 financial results

VIDEO: Analyst Chris Thompson Discusses eResearch’s Latest Research Report on DCM and its Q1/2024 Financial Results

July 22, 2024 Chris Thompson

In this short video, Chris Thompson of eResearch discusses DCM and eResearch’s 16-page Equity Research Report that covers an in-depth analysis of DCM’s Q1/2024 financial results. [more]

eResearch - DCM -Q1-2024 - Financial Results

NEW UPDATE REPORT – DCM Reports Strong First Quarter Results as Revenue Grows, Margins Strengthen, and Debt Reduction Continues

May 16, 2024 Chris Thompson

We have written a 16-page Update Report on DATA Communications Management (DCM) after it released Q1/2024. DCM is a Canadian-based communications and marketing solutions provider. Revenue increased to $129.3 million in Q1/2024, up 69.9% from $76.1 million in Q1/2023, but lower than our estimate of $139.0 million. Revenue fell short of expectations mainly because several projects from larger clients were postponed to later quarters this year. DCM reported Adjusted EBITDA of $18.7 million in Q1/2024, an increase of 46.2% from $12.8 million in the same quarter last year. The EBITDA growth reflects the positive impact of the MCC acquisition and ongoing efforts to improve margins and reduce expenses. [more]

2024-03-25 DCM - UR - Q3 and 2023 Financials

NEW UPDATE REPORT – DCM – Record Revenue & EBITDA Growth Highlight MCC Acquisition Synergies and Improving Margins

March 25, 2024 Chris Thompson

We have written a 17-page Update Report on DATA Communications Management (DCM) after it released Q4/2023 and 2023 financial results. DCM is a Canadian-based communications and marketing solutions provider. Revenue increased to $130.0 million in Q4/2023, up 77.9% from Q4/2022, and in-line with our estimate of $131.0 million. For the full year, Revenue hit $447.7 million, up 63.5% from 2022, and in-line with our estimate of $448.8 million. The Adjusted EBITDA for 2023 was $53.4 million, a 30.3% increase from the previous year. The Revenue and EBITDA growth were mainly attributable to the acquisition of Moore Canada Corporation, which closed in Q2/2023. The report provides an overview of DCM‘s financial results, strategic directions for 2024, and our financial estimates and target price calculations. [more]