18 May 2022
Data's Sales and Profits Best Since 2018
BRAMPTON , ONTARIO—
Best year since 2018
Best year since 2018
 DATA Communications Management Corp.(DCM) has report the strongest growth in their business since 2018, with first quarter 2022 revenue up +11.1%, net income up +111% and EBITDA up +28.9%, compared to the first quarter of 2021, respectively. Gross profit was $20.3 million, an increase of 8.1%, compared to $18.8 million in the first quarter of 2021. Net income was $3.7 million, an increase of 111.0%, compared with $1.8 million in the first quarter of 2021.
Data (DCM) head office in Brampton
Data (DCM) head office in Brampton
No restructuring expenses or other “adjustments” to EBITDA in the first quarter of 2022. The Company’s current outlook anticipates no restructuring charges in the balance of fiscal 2022. Continued progress paying down debt; total debt stood at $34.2 million as of March 31, 2022, down an additional 7.7% from December 31, 2021. Graphic Monthly's Gold List had Data as Canada's fourth largest printer. 
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