eResearch

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

March 1, 2024 Chris Thompson

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]

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

November 13, 2023 Chris Thompson

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]

2023-08-30 eResearch Video about DCM 2023-Q2 Financials

VIDEO: Chris Thompson Discusses eResearch Latest Research Report on DCM and its Recent Acquisition of MCC

August 30, 2023 Chris Thompson

In this short video, Christopher P. Thompson of eResearch talks about DCM and eResearch’s 14-page Equity Research Report that covers an in-depth analysis of DCM, its acquisition of Moore Canada Corp. , and a detailed overview of DCM’s Q2/2023 financial results. [more]

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

August 17, 2023 Chris Thompson

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]

VIDEO: Chris Thompson of eResearch talks about DCM Closing its Merger with MCC, $26.1M Financing, $23.1M Facility Sale, and Q1/2023 Financial Results

June 27, 2023 Chris Thompson

In this short video, Chris Thompson of eResearch talks about DCM closing its Merger with MCC and eResearch’s 18-page Equity Research Report that covers an in-depth analysis of the company and a detailed overview of its $26.1 million financing, $23.1 million facility sale, and Q1/2023 financial results. [more]

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

June 14, 2023 Chris Thompson

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]

DCM’s acquisition of Moore Canada Corporation

VIDEO: Chris Thompson of eResearch Discusses DCM’s Acquisition of Moore Canada and Positive Q4/2023 Results

March 23, 2023 Chris Thompson

In this short video, Chris Thompson of eResearch talks about DCM’s merger with Moore Canada Corporation and eResearch’s 10-page Equity Research Report that covers an in-depth analysis of the company and a detailed overview of the acquisition, and the Q4/2022 financial results. [more]

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

March 10, 2023 Chris Thompson

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]

2022-12-03 Datable - Q3 and Merger - video

VIDEO: Chris Thompson of eResearch talks about Datable’s Continued Revenue Growth in Q3 and Transformative Deal

December 3, 2022 Chris Thompson

In this short video, Chris Thompson of eResearch talks about Datable’s continued revenue growth and transformative deal and eResearch’s 19-page Equity Research Report that covers an in-depth analysis of the company, a detailed overview of its Q3/2022 financial results, and its merger with Local Marketing Solutions Group. [more]

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

November 26, 2022 Chris Thompson

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]