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9 November 2022
Data (DMC) Revenue Up 11% and Profits Up 15% +
BRAMPTON , ONTARIO—
DATA Communications Management (“DCM”), Canada's fourth largest printer , has reported momentum in the third quarter of 2022 with revenue up +11.4%, gross profit up +15.8%, net income up +175.8% and EBITDA1 up +25.7%, compared to the third quarter of 2021 . For the nine months ended September 30, 2022, revenue is up +15.1%, gross profit is up +17.1%, net income is up +201.0%,
and EBITDA is up +34.2%, compared to 2021, respectively. Revenue growth has been driven by a combination of expansion revenue with existing clients, and new business wins. Gross margin growth exceeded revenue growth, reflecting the Company driving higher levels of net income. Data has been awarded more than $30 million of new business year to date, a combination of expansion revenue with existing clients and new business wins, and their tech-enabled services pipeline remains strong.
Data Communications Management head office in Brampton
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A public company and Canada's 4th largest printer
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