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Data Communications Management Corp T.DCM

Alternate Symbol(s):  DCMDF

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

Comment by KnowledgeSeekr8on May 10, 2019 10:35am
78 Views
Post# 29733934

RE:RE:Q1 results - Exiting the old, Entering the new

RE:RE:Q1 results - Exiting the old, Entering the newA couple of statements that I like in the outlook section

- The Company’s “pitched and pending” sales pipeline is at historic highs with both current and new clients. Pricing discipline continues to be an important priority."

- The expected completion of the company’s ERP system is expected to result in annualized cost savings of approximately $2 to $3 million per year.

- DCM reduced its fixed-term debt and promissory notes obligations by approximately $4 million in the first quarter of 2019 and expects to repay a total of approximately $10 million in our outstanding fixed term debt obligations by the end of 2019 compared to the end of 2018.

Also they gained another large customer in the 1st quarter
- Our Business Solutions Group was recently awarded a significant multi-year agreement to provide innovative technology solutions to a large provincial healthcare services network

All are very positive things for me to be hearing that we are on the right track, its just taking longer than I had hoped.
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