marketing

We have written a 44-page Initiation Report on Datable Technology Corporation, a Canadian-based software development and technology company operating in the consumer online advertising and marketing sectors. Datable offers a SaaS-based Consumer Lifecycle and Data Management Platform called PLATFORM³ that enables CPG companies and consumer brands to build and launch promotions, special offers, and loyalty programs on mobile phones, websites, and microsites. Datable recently announced the acquisition of Dabbl that creates a combined company expected to have 2021 pro-forma revenue of almost $6 million. We are Initiating Coverage on Datable with a Speculative Buy rating and one-year price target of $0.30/share. [more]

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]