9 November 2022
Data (DMC) Revenue Up 11% and Profits Up 15% +
BRAMPTON , ONTARIO—
Data Communications Management head office in Brampton
Data Communications Management head office in Brampton
 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%,
A public company and Canada's 4th largest printer
A public company and Canada's 4th largest printer
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. 
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Graham Douglas says:
A truly great company invests in its employees. Well done, Friesens....
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