Data Communications Management Corp T.DCM

Fiscal 2021 and Fourth Quarter 2021 Financial Results

[Betteryear2]

March 24, 2022 04:35 PM Eastern Daylight Time

BRAMPTON, Ontario--(BUSINESS WIRE)--DATA Communications Management Corp. (TSX: DCM) (“DCM” or the "Company"), a leading provider of marketing and business communication solutions to companies across North America, announces its consolidated financial results for the year ended December 31, 2021.

 

https://www.businesswire.com/news/home/20220324005919/en/

[Ethanbrodie]

At first glance, I have to say I am quite dissapointed. Way too much hype about "tail winds" from the ending of the pandemic, and all of these "wins" . Revenue before covid was like 10 to 15 million per quarter higher and q4 was supposed to be starting to get back to those numbers (that they were hinting at) especially after these recent "wins) All I see is a continuation

[KnowledgeSeekr8]

Agreed, dissapointing as almost per usual. Restructuring was nearly $10 million in 2021 tisk tisk tisk. They keep tell us that is over and then another $10 million here and then $10 million there. Until they stop with that and start showing improvements without wasted cash out the door, this will stay right around $1.00 Tomorrow we hit $1.10 .....

[Ethanbrodie]

Sg and a were really high, plus restructuring, plus historically another revenue decline quarter. how is this positive. if you watch the video richard put out about the quarter, he was especially happy about the 4th quarter. Like what? its really not good at all. I'm thinking he knew it was really bad so as long as he spins it somehow he will fool investors?? i don't get it.  the

[oldinvestor64]

Let's keep in mind what the value of this company is given by thde market, about 61 million $. It is creating about 30+ million in cash flows , meaning that it is trading at 2 times cash flows. It has been paying down its debt , now down to 37 million, meaning that by next year it can be debt free. In my opinion, as long as its sales are stabilized, as the CEO is indicating, with just a bit of

[Ethanbrodie]

sure, I understand that and I would be ok with all of that. The problem for me is the type of communication and reality of what management has been communicating.  When they make the excuse of covid for revenue declines sure that's fine. this quarter was basically communicated that it was coming out of covid and they were seeing a shift back to previous levels. if you look at pre covid

[Ethanbrodie]

I guess the only positive is that comparable q4's from last year and this year, it is 300k higher. I wonder if they did some financial manoevering to push that number across the finishing line so there is a "silver lining". 

[lscfa]

$11.4 mil / 46.4 mil shs = $0.246 eps increase in 2022?     Further, accelerating the move to a hybrid work environment with reduced offices, combined with our leadership optimization and other headcount reductions, we are expecting to deliver an annualized $11.4 million in overhead savings.

[lscfa]

Adjusted eps should add back amort of intangible of $3.589 million or $0.077/sh

[lscfa]

Last 8 qtrs.....     Revenue Gross profit Adj. ebitda Govt. Subsidies Restruct exp Q4 21 60,871 17,713 7,270 55 2282 Q3 21

[Torontojay]

They had flat eps on an adjusted net income basis assuming these restructuring expenses do not occur. Then,if you add the amortization non cash expenses and potential g&a cost savings, then 2022 eps numbers would make the current share price to be really cheap.  Things look to be heading in the right direction.