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]

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Analyst Articles

UPDATE REPORT – Datable – Revenue Continues to Grow Y/Y but Focus Remains on Transformative Deal

We have written a 19-page Update Report on Datable, a Canadian-based software development and technology company operating in the consumer online advertising and marketing sectors. On September 30, Datable announced that it signed an LOI to acquire LMSG for $14.35M in an all-stock deal at a deemed share price of $0.05 that valued LMSG at approx. 1.0x 2022E revenue. The combined company is expected to have pro-forma 2022 consolidated revenue of over $18 million with positive EBITDA in 2023. [more]

Analyst Articles

UPDATE REPORT – DCM – Double-Digit Quarterly Revenue Growth Continues Positive Business Momentum and Strong EBITDA in Q3/2023

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 Q3/2022 financials and a full summary of our valuation methodology. We increased the Target Price to $4.50 from $4.20. [more]

Analyst Articles

NEW UPDATE REPORT – DCM – Corporate Strategy Drives Business Transformation with Q1/2022 Producing Largest Revenue Growth in 4 Years

We have written a 25-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 from the CEO’s recent corporate strategy presentation and DCM’s AGM and the Company’s Q1/2022 financials. [more]

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Analyst Articles

NEW UPDATE REPORT on Datable Technology Corporation (TSXV:DAC | OTCQB: TTMZF)

We have written a 19-page Update Report on Datable, a Canadian-based software development and technology company operating in the consumer online advertising and marketing sectors. Datable’s revenue increased by 90% Y/Y in Q4/2021 and 79% Y/Y for 2021. Revenue in Q1/2022 increased by 28% Y/Y and the Company already has nearly $3.0 million in recognized revenue under contract for 2022. However, Datable’s acquisition of Dabbl was not finalized, so we’ve decreased revenue estimates for 2022 and 2023 that negatively affected our valuation. We are decreasing our one-year price target to $0.14/share from $0.30/share but maintaining our Speculative Buy rating. [more]