Data Communications Management Corp T.DCM

Alternate Symbol(s): DCMDF

Industrials

DATA Communications Management Corp. (DCM) is a Canada-based marketing and business communications company that helps companies simplify the ways they communicate and operate. It provides solutions, such as workflow management, digital asset management, personalized video, location-specific marketing, multi-channel marketing workflow management, print and communications management, and marketing, strategy and creative services. DCM serves brands in vertical markets including financial services, retail, emerging markets, healthcare and wellness, Not-for-Profit, energy, hospitality, transportation, lottery, government, other regulated industries and the public sector. Its DCMFlex marketing workflow technology enables marketers to create, edit, track and execute digital and print assets ranging from email campaigns and welcome kits to retail collateral and HR training material.

TSX:DCM - Post by User

Data Communications Management Corp

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Comment by knicksmanon Aug 04, 2017 10:46pm

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Post# 26550418

RE:RE:RE:Q2 results out next Monday..

All I was saying is that the company likely did NOT have issues regarding its covenant.

In the debt to EBITDA calculation, EBITDA is calculated as pro forma debt (i.e. including EBITDA from the two acquisitions) for the previous six quarters multiplied by 2/3. So the trailing EBITDA (again for the purpose of the calculation) is likely close to $20 million and sufficient for the company to comfortably hurdle its covenant in Q2. If the company had repaid its convertibles using its line of credit, it could have been closer. BUT the company raised cash.

Another positive outcome of the equity raise is that it puts the company in a position execute on M&A in coming quarters without needing to come to the market.

Bullboard Posts

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle