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Data Communications Management Corp T.DCM

Alternate Symbol(s):  DCMDF

DATA Communications Management Corp. is a Canadian tech-enabled provider of print and digital solutions that help simplify complex marketing communications and operations workflow. The Company is engaged in delivering individualized services to its clients that simplify their communications, including customized printing, highly personalized marketing communications, campaign management, digital signage and digital asset management. The Company’s solutions include DCM Digital, Print & Communications Management, Marketing and Technology & Innovation. Its DCM Digital solutions include customer communications management, digital asset management, personalized video, location-specific marketing, multichannel marketing workflow management, and digital signage. It serves brands in various vertical markets, including financial services, retail, emerging markets, healthcare and wellness, not-for-profit, energy, hospitality, lottery, government, and others.


TSX:DCM - Post by User

Comment by nozzpackon May 12, 2021 3:58pm
140 Views
Post# 33184819

RE:RE:Emerging Cash Cow

RE:RE:Emerging Cash Cow

There will be additional modest amounts spread over the next 2 years .
My statement remains valid..


During the three months ended March 31, 2020, total restructuring initiatives resulted in costs incurred of $743 due to headcount reduction across DCM's operations.
 
During the three months ended March 31, 2021, cash payments of $2,924 (2020 - $1,247) were made to former employees for severances and for other restructuring costs.

The remaining severance and restructuring accruals of $1,759 at March 31, 2021 are expected to be paid in 2021 and 2022.
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