DATA Communications Management Corp. Announces First Quarter 2024 Financial Results

Share This Post

FIRST QUARTER 2024 HIGHLIGHTS

  • Revenues of $129.3 million were up +69.9%, or +$76.1 million vs. Q1 2023
  • Gross profit of $37.3 million increased +57.9% or $13.7 million
  • Gross profit as a percentage of revenues of 28.9%, a sequential improvement that shows our progress towards our goal of returning our gross margin to the +30% range
  • SG&A expenses were $25.4 million or 19.6% of revenues in Q1 2024, compared to 18.1% of revenues in Q1 2023.  Higher relative SG&A expenses in the quarter primarily related to a one-time consulting project
  • Adjusted EBITDA¹ was $18.7 million, an increase of +46.2% vs. the prior year
  • Adjusted EBITDA represented 14.4% of revenues, compared to 16.8% for 2023, consistent with our planned objectives to improve Adjusted EBITDA margins to more than 14%
  • Net income was $1.5 million compared to a net loss of $2.4 million last year; Adjusted net income was $4.9 million compared to $5.9 million last year
  • Net debt at the end of Q1 2024 was $78.3 million, down -$66.9 million or -46.1% since the closing of the MCC acquisition.  The Company ended the quarter with a net debt to trailing 12 months Adjusted EBITDA (net of lease payments) ratio of 1.8x. Our commitment to paying down debt remains a key priority

¹ Adjusted EBITDA, Adjusted EBITDA as a percentage of revenues, Adjusted net income (loss) and Adjusted net income (loss) as a percentage of revenues are non-IFRS Accounting Standards measures.  For a description of the composition of these and other non-IFRS Accounting Standards measures used in this press release, and a reconciliation to their most comparable IFRS Accounting Standards measure, where applicable, see the information under the heading “Non-IFRS Accounting Standards Measures”, the information set forth on Table 2 and Table 3 herein, and our most recent Management Discussion & Analysis filed on www.sedarplus.ca.

Brampton, Ontario – May 13, 2024 – DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the “Company”), a leading provider of marketing and business communication solutions to companies across North America, today reported its first quarter 2024 financial results.

MANAGEMENT COMMENTARY

“I am pleased to report on the continued progress of our business in the first quarter of 2024, following a transformative year in 2023 when we completed our acquisition of Moore Canada Corporation (“MCC”) and made substantial progress in our post-acquisition integration,” said Richard Kellam, President & CEO of DCM.

“Our focus in the first quarter and for the balance of the year is on delivering our post acquisition integration commitments. These priorities include consolidating our plant network, integrating legacy MCC systems, completing our restructuring plans, focusing on profitable growth, and realizing total annualized post-acquisition synergies of between $30 and $35 million within the next year.”

“We are optimistic about our full year outlook based on order trends we are seeing, new logo wins, and progress on our initiatives to drive improved operating performance, including strategic revenue management opportunities, improving product mix, and leveraging our expanded suite of product and service offerings.” 

FIRST QUARTER 2023 EARNINGS CALL

The Company will host a conference call and webcast on Tuesday, May 14, 2024, at 9:00 a.m. Eastern time. Mr. Kellam, and James Lorimer, CFO, will present the first quarter of 2024 results followed by a live Q&A period.

Instructions on how to access both the webcast and call are available below.

DCM will be using Microsoft Teams to broadcast our earnings call, which will be accessible via the options below:

Click here to join the meeting
Meeting ID: 284 159 172 699
Passcode: rVeV5u
Download Teams | Join on the web

Or call in (audio only)
+1 647-749-9154,,174293459#   Canada, Toronto
Phone Conference ID: 174 293 459#

The Company’s full results will be posted on its Investor Relations page and on www.sedarplus.ca. A video message from Mr. Kellam will also be posted on the Company’s website.

Please see the below pdf for more information.

Click here to open the PDF

About DATA Communications Management Corp.

DCM is a marketing and business communications partner that helps companies simplify the complex ways they communicate and operate, so they can accomplish more with fewer steps and less effort.  For 65 years, DCM has been serving major brands in vertical markets including financial services, retail, healthcare, energy, other regulated industries, and the public sector.  We integrate seamlessly into our clients’ businesses thanks to our deep understanding of their needs, our technology-enabled solutions, and our end-to-end service offering.  Whether we are running technology platforms, sending marketing messages, or managing print workflows, our goal is to make everything surprisingly simple.

Additional information relating to DATA Communications Management Corp. is available on www.datacm.com, and in the disclosure documents filed by DATA Communications Management Corp. on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.

For further information, contact:

Mr. Richard Kellam
President & Chief Executive Officer
DATA Communications Management Corp.
(905) 791-3151

Mr. James E. Lorimer
Chief Financial Officer
DATA Communications Management Corp.
(905) 791-3151
[email protected]

Forward-looking statements

Certain statements in this press release constitute “forward-looking” statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, objectives or achievements of DCM, or industry results, to be materially different from any future results, performance, objectives or achievements expressed or implied by such forward-looking statements.  When used in this press release, words such as “may”, “would”, “could”, “will”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan”, and other similar expressions are intended to identify forward looking statements.  These statements reflect DCM’s current views regarding future events and operating performance, are based on information currently available to DCM, and speak only as of the date of this press release. 

These forward-looking statements involve a number of risks, uncertainties, and assumptions.  They should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such performance or results will be achieved.  Many factors could cause the actual results, performance, objectives or achievements of DCM to be materially different from any future results, performance, objectives or achievements that may be expressed or implied by such forward-looking statements.  We caution readers of this press release not to place undue reliance on our forward-looking statements since a number of factors could cause actual future results, conditions, actions, or events to differ materially from the targets, expectations, estimates or intentions expressed in these forward-looking statements.

The principal factors, assumptions and risks that DCM made or took into account in the preparation of these forward-looking statements and which could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements are described in further detail in our Management Discussion and Analysis for the three months ended March 31, 2024, and include but are not limited to the following:

  • Our ability to successfully integrate the DCM and MCC businesses and realize anticipated synergies from the combination of those businesses, including revenue and profitability growth from an enhanced offering of products and services, larger customer base and cost reductions;
  • The expected annualized synergies that the Company expects to derive from the MCC acquisition have been estimated by the Company based on its experience integrating previously acquired businesses, other facilities and completing previous restructuring initiatives, and includes estimated benefits expected to be derived from the acquisition, including those related to facility sales and consolidations, operational improvements, eliminating redundant positions, and purchasing synergies;
  • Our expected total annualized synergies estimates are principally based upon the following material factors and assumptions: (a) given the significant overlap in the nature of the two businesses, DCM will be able to eliminate duplication of overhead expenses across the combined DCM and MCC businesses in its SG&A functions; (b) given significant overlap in the nature of DCM’s and MCC’s production processes and available combined excess capacity, DCM will be able to consolidate manufacturing plants; (c) further operational and SG&A costs savings will be achievable once the above-noted initiatives are completed; (d) the combined business will achieve more favourable purchasing terms by virtue of the fact it is approximately twice the size of each of DCM and MCC pre-acquisition, and therefore able to command lower pricing from vendors based on larger \ volumes, and its expected ability to better harmonize purchasing strategies to leverage more favourable purchasing terms than each company had individually for similar goods or services; and (e) the combined business will be able to generate certain revenue synergies from cross-selling each other’s broader, combined, suite of capabilities; and
  • Such expected annualized cost savings have not been prepared in accordance with IFRS Accounting Standards, nor has a reconciliation to IFRS Accounting Standards been provided, and the Company evaluates its financial performance on the basis of these non-IFRS Accounting Standards measures.  Therefore, the Company does not consider their most comparable IFRS Accounting Standards measures when evaluating prospective acquisitions.

Additional factors are discussed elsewhere in this press release and under the headings “Liquidity and capital resources” and “Risks and Uncertainties” in DCM’s Management Discussion and Analysis and in DCM’s other publicly available disclosure documents, as filed by DCM on SEDAR+ (www.sedarplus.ca).  Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described in this press release as intended, planned, anticipated, believed, estimated or expected.  Unless required by applicable securities law, DCM does not intend and does not assume any obligation to update these forward-looking statements.

Non-ifrs accounting standards measures

This press release includes certain non-IFRS Accounting Standards measures, ratios and other financial measures as supplementary information.  This supplementary information does not represent earnings measures recognized by IFRS Accounting Standards and does not have any standardized meanings prescribed by IFRS Accounting Standards.  Therefore, these non-IFRS Accounting Standards measures, ratios and other financial measures are unlikely to be comparable to similar measures presented by other issuers. Investors are cautioned that this supplementary information should not be construed as alternatives to net income (loss) determined in accordance with IFRS Accounting Standards as an indicator of DCM’s performance.  Definitions of such supplementary information, together with a reconciliation of net income (loss) to such supplementary financial measures, can be found in Table 4 and Table 5 of our Management Discussion and Analysis for the three months ended March 31, 2024 and filed on SEDAR+ at www.sedarplus.ca

More To Explore

Tuesday, May 14, 2024 at 9:00 AM EST

Q1 2024 Earnings Conference Call

Please find the below call details

Microsoft Teams meeting

Join on your computer, mobile app or room device

Click here to join the meeting

Meeting ID: 284 159 172 699 
Passcode: rVeV5u

Or call in (audio only)

+1 647-749-9154,,174293459#   Canada, Toronto

Phone Conference ID: 174 293 459#

Please check back later for latest event information.

jason_sharpe-diamond

Jason Sharpe​

Senior Vice President, Commercial Leadership

Taking an idea from concept to commercialization requires an innate ability to balance opportunity with risk while maintaining a bird’s-eye view of constantly evolving market trends. Jason’s ability to do that, and help clients leverage their potential, is second-to-none.
icon-quote
“You have to start by knowing how the client measures their success—by understanding their higher-order needs. Only then can you bring forward ideas that align with their growth strategy.”
A business development and sales professional with over 20 years of experience, Jason has a unique knack for helping clients drive value in their organizations. To that end, he pushes the DCM sales team to think not just about volume of ideas, but finding the best ideas on an enterprise-wide basis. Ideas that meet clients’ objectives, fulfill the needs of their customers, and move metrics in the right direction.
Greg-Cochrane

Greg Cochrane

Vice Chairman

Greg provides well-rounded oversight of DCM, having led the company from 2016 to 2021 as President and CEO. He now serves as Vice Chairman of the company, bringing his experience in marketing services, communications, event management, and private equity investment to the company and its shareholders.

As an owner of Mariposa Communications earlier in his career, he helped build it into Canada’s largest event company by the time it was sold to Mosaic. Soon after, he became lead investor and director of Pareto Corporation, a marketing services start-up that he helped go public before its sale to a private equity firm. Greg continued his career at VRG Capital, where he served as lead investor and director in a number of public and private companies. In 2016, he joined DCM as an investor and director, becoming President and then CEO. He has held his current role of Vice Chairman since April 2021. Passionate about giving back to Canadian communities, Greg was recognized with Canada’s 125th Commemorative Anniversary medal for volunteerism. He has an MBA from the Smith School of Business at Queen’s University.
Richard-Kellam

Richard Kellam

Director & Officer

Arriving with a fresh vision, an appetite for learning and growth, and more than 35 years of experience in general management, customer development and marketing communications, Richard Kellam is well set up to lead DCM into the future. His resume reads like a who’s-who of major brands. Before coming to DCM, Richard was Chief Executive Officer of Advantage Group International, a leading consulting and business development company serving major global enterprises.


Richard’s professional learning began as Brand Manager for Playtex Limited. He took his on-the-job education to higher levels with positions at Robin Hood Multifoods, Molson Breweries, Mars Inc., and The William Wrigley Company. By the time he became Senior Vice President of Global Sales and Marketing at Goodyear, he had earned the leadership expertise and industry reputation to teach a master class. Richard’s formal education was taken at the University of Western Ontario.

 

Merri-Jones-diamond

Merri L. Jones, ICD.D

Director

The first woman in Canada to have led a schedule II bank, Merri brings over 40 years of deep experience in sales & marketing, finance, strategy, and human resources to DCM. Joining the board in 2018, Merri was previously a member of the company’s Advisory Committee. A highly accomplished senior executive, she holds an Institute of Corporate Directors Director (ICD.D) designation from the Rotman School of Management at the University of Toronto and currently sits on the board for Leith Wheeler. Since 2016, Merri has been a director of Sentry Investments Inc., where she is head of its HR & Compensation Committee. She previously held senior roles at Fiera Capital, GBC Asset Management, AGF Private Wealth Management, TAL Global Asset Management, and CIBC Trust.

Merri has served on a number of advisory boards and investment review committees. An active supporter of not-for-profit and charitable organizations, she is passionate about helping the Centre for Addiction and Mental Health (CAMH), the Sunnybrook Foundation, Institute for Private Investors, and the Victorian Order of Nurses (VON). Merri holds an Executive CFA through the Institute of Private Investors from the Wharton School of Business.

James J. Murray

James J. Murray, SIOR

Director

With a rich career spanning 50 years in the commercial brokerage industry, James has always been passionate about helping people put their ideas into action. Currently a Principal and SVP of Lennard Commercial Realty Limited, he joined DCM’s board in June 2016. As SVP and Director of Business Development at Cushman & Wakefield Ltd. Brokerage, James led major assignments across Canada, including the Mississauga and Oakville campuses of Sheridan College, Movati Health Clubs, and the TPCL head office in Calgary. Prior to that, he was the Managing Director and a Partner at J.J. Barnicke. Named “Business Person of the Year” by the Mississauga Board of Trade in 2009, James has received the Queen’s Silver Jubilee and Diamond Jubilee medals and, in 2015, the prestigious Order of Ontario.

James is a member of the Society of Industrial & Office Realtors and is President and Chair of the Hazel McCallion Foundation for Arts, Heritage and Culture. He has also served two six-year terms as a board member and vice chair of the Peel Regional Police Services Board, as well as a 12-year term on the board of governors at Credit Valley Hospital.

Mike Sifton

Mike Sifton

Director

With his long and successful career in the newspaper publishing business, Mike brings extensive experience and expertise in print operations management to DCM, where he has served as a director since 2015, and was CEO until 2018. Previously, Mike was President and CEO of Sun Media, and before that, led the formation and eventual public offering of Osprey Media Group. Prior to forming Osprey, Mike was President of Hollinger Canadian Newspapers L.P. and President and CEO of family-owned Armadale Communications.

Most recently, Mike has served as a Managing Director at Beringer Capital, a private equity firm based in Toronto that focuses on the marketing, specialty-media and advertising industries in North America. In addition to Mike’s work at DCM, he is a past Director of Yellow Pages Limited and is involved in a number of not-for-profit organizations, including serving as the former Chairman of the Board of Governors for St. Andrews College in Aurora, Ontario. Mike holds a B. Comm (Honours) from Queen’s University.

Derek K. Watchhorn

Derek J. Watchorn

Director

Derek joined DCM’s board in 2016, bringing with him a wealth of global experience. Over the past six years, he was consultant and management committee member on the redevelopment of Buttonville Airport land, as well as consultant on a joint venture involving a major shopping centre in Budapest. A lawyer by trade, Derek has extensive executive experience in the real estate industry in Ontario and abroad. Currently a director of Timbercreek Financial Corp., he also served in London, England as Executive Vice President of Canary Wharf plc and Executive Director of TrizecHahn plc.

Derek joined the law firm Davies Ward Phillips & Vineberg LLP as a solicitor in 1968, becoming partner two years later. Until 2004, he was a senior advisor to the Paul Reichmann family in Toronto, a capacity in which he served on a seconded basis as Executive Director of Olympia & York Canary Wharf plc. Derek was previously a director of Patheon Inc.

James-Lorimer

James E. Lorimer

Corporate Secretary

With more than 20 years of experience as a finance professional in capital markets, James knows a thing or two about aligning business and finance strategy. As CFO, James plays a key role in guiding the long-term direction of DCM, providing the proper financial planning, analysis tools, and leadership to the organization. Previously an investment banker, private equity fund advisor, and a senior member of an executive search firm, James is all about collaborating with people to develop and implement capital markets and M&A strategies.

James’ extensive career as an investment banker began at Midland Walwyn Capital (now Bank of America Merrill Lynch), leading small- and mid-cap, high-growth companies. He later co-founded Clarus Securities, a leading Canadian institutional-focused investment dealer, where he served as head of investment banking and as a member of the executive committee. Before joining DCM in 2015, he held a senior role with Ludwig Wessel & Associates, a boutique executive search firm specializing in the capital markets. He also advised a private equity fund and its portfolio companies on debt & equity financings and mergers & acquisitions. James holds an MBA from the Ivey Business School at Western University.

shelly_anwyll-square-diamond

Shelly  Anwyll

Senior Vice President, North America, Retail & Emerging Markets

With her keen eye for budding opportunities, Shelly guides market strategy and oversight for DCM’s enterprise business solutions in her role as SVP, North America, Retail & Emerging Markets. Leveraging her strong background in retail, healthcare and Consumer Packaged Goods (CPG), she is especially active in positioning DCM as a leader in the cannabis space and nurturing partnerships with over a dozen of Canada’s leading cannabis producers. Recently, Shelly’s expertise helped DCM develop a full solution to meet Health Canada’s regulatory labelling requirements.
icon-quote

“My entrepreneurial spirit, open mind, and appetite to win drives me to challenge my clients on the status quo and inspire them to think beyond today to new opportunities for excellence tomorrow.”

Shelly has held various VP roles over her 25-year career in outsourced marketing services, on both the client-side and at agencies including Mosaic, Match Marketing, and Consumer Impact Marketing. A proud supporter of SickKids, Shelly was the Vice President of Strategic and Corporate Partnerships at SickKids Foundation. She has a Bachelor of Arts in Economics from Laurentian University.
Richard-Kellam

Richard Kellam

President & Chief Executive Officer

Arriving with a fresh vision, an appetite for learning and growth, and more than 35 years of experience in general management, customer development and marketing communications, Richard Kellam is well set up to lead DCM into the future. His resume reads like a who’s-who of major brands. Before coming to DCM, Richard was Chief Executive Officer of Advantage Group International, a leading consulting and business development company serving major global enterprises.
icon-quote
“I do this work because I’m passionate about the potential of exceptional marketing. I’ve learned something new in every position I’ve held, and I bring that to bear in every role I undertake.”
Richard’s professional learning began as Brand Manager for Playtex Limited. He took his on-the-job education to higher levels with positions at Robin Hood Multifoods, Molson Breweries, Mars Inc., and The William Wrigley Company. By the time he became Senior Vice President of Global Sales and Marketing at Goodyear, he had earned the leadership expertise and industry reputation to teach a master class. Richard’s formal education was taken at the University of Western Ontario.
James-Lorimer

James E. Lorimer

Chief Financial Officer

With more than 20 years of experience as a finance professional in capital markets, James knows a thing or two about aligning business and finance strategy. As CFO, James plays a key role in guiding the long-term direction of DCM, providing the proper financial planning, analysis tools, and leadership to the organization. Previously an investment banker, private equity fund advisor, and a senior member of an executive search firm, James is all about collaborating with people to develop and implement capital markets and M&A strategies

icon-quote
“It’s been exciting transforming the business from printing to marketing and communications; our clients value the transparency and insights into our new strategic direction that my team has offered throughout the transition.”

James’ extensive career as an investment banker began at Midland Walwyn Capital (now Bank of America Merrill Lynch), leading small- and mid-cap, high-growth companies. He later co-founded Clarus Securities, a leading Canadian institutional-focused investment dealer, where he served as head of investment banking and as a member of the executive committee. Before joining DCM in 2015, he held a senior role with Ludwig Wessel & Associates, a boutique executive search firm specializing in the capital markets. He also advised a private equity fund and its portfolio companies on debt & equity financings and mergers & acquisitions. James holds an MBA from the Ivey Business School at Western University.

Sharad-V-cut-headshot

Sharad Verma

Senior Vice President, Strategy & Marketing

It takes insight and foresight to assess big-picture challenges and turn them into meaningful opportunities, supported by the right solutions. Sharad is a master of interpreting complex client requirements and market trends, and responding with ideas ground in both evidence and aspiration.
icon-quote
“My job is to unify our teams around one central mission: to ensure our customers get the best solutions for their business—from strategy to execution—that will improve the bottom line.”
With over 25 years of experience in digital marketing and management consulting, Sharad has helped a diverse set of clients create value through innovative marketing and consumer solutions. Backed by his own entrepreneurial experience founding and running a successful digital agency, he brings together DCM’s multi-disciplinary teams to solve problems and drive sustainable business performance for our clients.
Patrick_Aussant-diamond

Patrick Aussant

Vice President, IT Operations

A seasoned IT executive with extensive experience in change management, Patrick knows how to rally a team around a new path forward. As VP, IT Operations since 2009, Patrick is responsible for planning, implementing, upgrading, and maintaining the infrastructure, applications, and cyber-security at DCM. Under Patrick’s leadership, his groups consistently deliver great internal and external customer experiences—ensuring maximum uptime, stability, and security in the company’s computer systems and networks.
icon-quote
“IT should be transparent. It should provide our internal teams and external customers with easy access to timely, accurate information so seamlessly they don’t even know it’s there. That is my vision for IT.”
Over the course of his 30 years in information technology, Patrick has developed a deep knowledge in acquisition, merger, and ERP implementation. Previous to DCM, he was Senior IT Director at Relizon Canada. Patrick studied Business Administration at UQAM, Montreal, and Information Technology at Control Data Institute, Montreal.

Wednesday, September 25, 2024 at 10:30 AM PST

Planet MicroCap Showcase: VANCOUVER 2024

Please find the below call details

Please check back later for latest event information.

BFW-Diamond

Barbara Franovic-Wilkins

Vice President, Marketing

When our clients want to get their brand or message out into the marketplace—and when we at DCM want to share our own stories and successes—Barb provides the direction and oversight that ensure the right strategy and resources are in place. Passionate about the power of marketing and communication to inform and incent, Barb makes sure that from first spark to final execution, initiatives progress smoothly, according to plan, with the right DCM technology supporting them.
icon-quote
“As the ‘face’ of your business, your brand is truly one of your most valuable assets. It’s how customers perceive you and relate to you. My goal is to help it stand out, make sure it ‘speaks’ in a relevant and compelling way, and is flawlessly expressed wherever it appears.”
Having worked for over 20 years managing campaign development and rollout in sectors such as retail, financial services, consumer goods packaging, and not-for-profit, Barb is intimately familiar with the many moving parts within marketing and what it takes to mobilize them and get results. She ensures our marketing expertise and solutions align with what clients need now, and can drive future growth.
Geneviève-Gravel

Geneviève Gravel

Vice President, People Experience

As VP, People & Culture, Geneviève supports DCM in all aspects of Human Resources, mentoring and motivating team members to grow and flourish personally as much as professionally. With her strategic vision, Geneviève leads her team to proactively align HR goals with the goals of the business, providing consulting expertise on HR issues, recruitment, policies, and procedures. Fueled by empowering positive change, Geneviève continues to hone her communication expertise with the latest HR courses and skill-building programs.

icon-quote
“When you stop dealing with the employee and start dealing with the human being, you can figure out what really drives that person—and help them find where they need to be.”
Over her 25-year career, Geneviève negotiated labour relations between employees and unions before cultivating her passion for a more behavioural-based HR approach at Delta, AccorHotels, Rolls-Royce Canada, and, since 2014, DCM. A certified Life & Business Coach and Neuro-Linguistic Programming (NLP) Coach, Geneviève has a Bachelor’s degree in Industrial Relations from the University of Montreal.
Karen-R-cut-headshot

Karen Redfern

Vice President, Customer Technology Solutions

Technology is a tremendous enabler, but only when it truly fits the client’s needs. Karen makes certain DCM’s solutions are fully aligned with those needs, and that, from implementation to ongoing support, our clients are well looked-after.
icon-quote
“At its heart, technology is about helping people solve problems. My job is to ensure we do that by taking a client-focused approach to every solution we deliver.”
Drawing from two decades of experience guiding enterprise-wide deployments and operational processes, Karen continually strives to ensure evolving market trends and client challenges are reflected in the capabilities of our platforms and services. An intuitive leader and natural problem-solver, she works closely with clients across all sectors to help them acquire and adapt the solutions that will best support their workflows and move them forward.
Asad-M-cut-headshot

Asem Moqbel

Vice President, Procurement

Balancing the complex supply chains that support a multi-national company like DCM requires deep knowledge and broad oversight. Asem brings plenty of both to the role, building on more than 15 years of experience leading all facets of supply chains, from planning to procurement, to contracts, to inventory management, and logistics. Always looking to increase value for DCM and for our clients, he brings to his role a wealth in business planning, process automation, system integration, and driving efficiency across the organization.
icon-quote
“The more efficient our supply chains, the more efficiently we operate and the more effective our solutions for clients. It’s all part of one eco-system.”
He is currently the driving force behind DCM’s disciplined effort to influence spend and realize cost savings across all segments of our business. He is relentless in his focus on reducing total cost of ownership: He has spearheaded improved company-wide procurement practices; strengthened our strategic supplier relationships; and has been instrumental overall in continually improving the processes by which we interact with our supplier network.
Christine_Custodio-diamond

Christine Custodio

Senior Vice President, Operations

As the person who ultimately ensures the work we do for clients comes to life in the way we’ve promised it will, Christine serves as the bridge connecting Sales and Operations—the person who guides the execution and oversees the quality of complex, national campaigns and programs for some of North America’s biggest brands.


With more than 25 years’ experience in direct marketing and business communications, Christine is, in her words, “extremely solution-oriented”. Her wealth of experience comes from extensive expertise in direct marketing: rolling out innovative client implementations across multiple channels; and integrating advanced digital workflow automation.

icon-quote
“My general approach to work is: There is a solution for everything, but it takes a committed, cohesive team to deliver it. When we put our heads together and collaborate—with each other and with our clients—we prove time and again that we can do it, whatever ‘it’ happens to be.”
She combines this with a passion for working with people, and continually strives to build and motivate teams whose members not only deliver the best possible solutions, but also have the chance to develop and grow, both professionally and personally.
Christine Custodio

Christine Custodio

Vice President, Operations

As the person who ultimately ensures the work we do for clients comes to life in the way we’ve promised it will, Christine serves as the bridge connecting Sales and Operations—the person who guides the execution and oversees the quality of complex, national campaigns and programs for some of North America’s biggest brands.


With more than 25 years’ experience in direct marketing and business communications, Christine is, in her words, “extremely solution-oriented”. Her wealth of experience comes from extensive expertise in direct marketing: rolling out innovative client implementations across multiple channels; and integrating advanced digital workflow automation.

icon-quote
“My general approach to work is: There is a solution for everything, but it takes a committed, cohesive team to deliver it. When we put our heads together and collaborate—with each other and with our clients—we prove time and again that we can do it, whatever ‘it’ happens to be.”
She combines this with a passion for working with people, and continually strives to build and motivate teams whose members not only deliver the best possible solutions, but also have the chance to develop and grow, both professionally and personally.

Tuesday, August 10, 2022 at 9:00 AM EDT.

DCM to Announce Second Quarter 2022 Results

The Company will host a conference call and webcast.

DCM will be using Microsoft Teams to broadcast the call, which will be accessible via the options below:

Join on your computer or mobile app

Click here to join the meeting

Or call in (audio only)

+1 647-749-9154,,914477492# Canada, Toronto
Phone Conference ID: 914 477 492#

The Company’s full results will be posted on its Investor Relations page and on www.sedar.com. A video message from Richard Kellam, DCM’s President and CEO, will also be posted on the Company’s website.

Please check back later for latest event information.

alison

Alison Simpson

Director

An award-winning marketer with an exceptional record in business and marketing strategy, Alison is renowned for helping companies differentiate their brands in ways that inspire associates, excite customers, and grow the business. Currently CMO for Key, an innovative Toronto-based technology real estate company, she has held similar roles at Holt Renfrew, TMX Group, and Rogers Communications, as well as building a consultancy specializing in start-ups. She brings to DCM a proven knack for quickly measuring business potential against consumer needs, and driving powerful results.
Along with her support for DCM, Alison sits on the board for CNIB Foundation, and the Advisory Board at Smith School of Business Master of Management Data Analytics and Artificial Intelligence Program. As a past board director for MEC (Mountain Equipment Company), she was part of a turnaround effort and helped manage through its strategic business restructuring, sale and increased profitability. She is passionate about helping organizations thrive in today’s increasingly competitive market environments.

Wednesday, May 1, 2024 at 12:30 pm EST

DATA Communications Management Corp. to participate at the Planet Microcap Showcase: Vegas 2024 on Wednesday May 1.

Planet MicroCap Showcase: VEGAS 2024

Date: Wednesday, May 1, 2024

Time: 12:30 PM Eastern Time ( 9:30 AM Pacific Time)

Webcast:  https://www.webcaster4.com/Webcast/Page/3026/50115

Please check back later for latest event information.

Steve-L-cut-headshot

Steve Livingstone

Senior Vice President, Digital

When our clients are looking for real-world guidance on how technology can improve their businesses, Steve leads the way. An award-winning sales leader with an exceptional track record in enterprise account management and digital transformation, he helps organizations use digital solutions to simplify and modernize complex workflows.

icon-quote

Digital evolution is constant: The learning and improving never stop. That’s what excites me about what I do—the fact that there is always a better, more innovative way to do things. Continually exploring that, and seeing the impact it has for clients, is very satisfying.”

Most recently Director of Sales at a multi-national digital consulting agency, he has helped transform some of the biggest brands in North America. Drawing from experience that includes SaaS/cloud, data, and analytics, he builds and supports game-changing digital strategies that make DCM’s clients more efficient and uncover new opportunities for them to grow. Steve holds a Bachelor of Arts from Queen’s University.

Thursday, May 23, 2024 at 11:00 AM EST

DCM Annual General Meeting

Please find the below call details

Microsoft Teams

Join the meeting now

Meeting ID: 289 493 443 779

Passcode: kdwkrp


Dial-in by phone

+1 647-749-9154,,45713029# Canada, Toronto

Find a local number

Phone conference ID: 457 130 29#

Please check back later for latest event information.

JR-Kingsley-diamond

J.R. Kingsley Ward

Chairman of the Board

With over 30 years of experience as an investor in, and director of, private equity and public company investments, Kingsley provides incomparable guidance to DCM. He became director of the company in 2014 and Chairman in 2016. Kingsley began his career in 1991 at Vimy Ridge Group Ltd., later serving as President of VRG Capital. He co-founded and was director of Globalive Technology Partners, an AI and blockchain technology company, and also founded IPEC (now Flint Energy Services). Later, he founded Pareto Corp., a marketing services company, and served as Director of PLM Group, a commercial printing and direct marketing company. Now Managing Partner of VRG Capital Corp., he is also Chairman on a number of boards across a wide range of industries including finance, communications, and pharma.

Passionate about giving back to Canadian communities, Kingsley has worked with Polo for Heart, a Heart & Stroke Foundation charity event, for 25 years. He is a co-chair of the Capitalize for Kids board, an investor conference in support of SickKids Hospital, and is a past director of the Special Olympics Canada Foundation. Actively involved in YPO (Young Presidents’ Organization) since 1999, Kingsley has held a number of positions, including chairman of the Ontario chapter and Canadian regional educational officer.