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Bullboard - Stock Discussion Forum 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... see more

TSX:DCM - Post Discussion

Data Communications Management Corp > appreciated the honesty of the earnings
View:
Post by Possibleidiot01 on Mar 19, 2024 7:36pm

appreciated the honesty of the earnings

 

FULL YEAR HIGHLIGHTS

  • Revenues of $447.7 million were up +63.5%, or +$173.9 million vs. 2022.
  • Gross profit of $118.9 million increased +41.2% or $34.7 million.
  • Gross profit came in at 26.6% of revenue came compared to 30.8% last year reflecting lower MCC gross profit margin contributions. As a reminder, the opportunity to enhance MCC gross profit margins was one of the key attributes of the MCC acquisition deal logic and improving our consolidated gross profit margins remains a strategic focus of our business.
The third item tells you that they know they have work to do and then they break things down ,jmo.

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