Data Communications Management Corp. Achieves Strong 2024 Financial Performance

Data Commun Management ( (TSE:DCM) ) has shared an announcement.

Data Communications Management Corp. reported a successful financial year in 2024, with revenues increasing by 7.2% to $480 million and gross profit rising by 9.4% to $130.1 million. The company completed the integration of Moore Canada Corporation ahead of schedule, positioning itself for future growth and profitability. Despite a challenging fourth quarter, DCM announced a special dividend and a regular quarterly dividend program, reflecting confidence in its growth potential. The company is actively mitigating risks from economic and geopolitical factors, including tariffs and raw material costs, by diversifying its supply chain.

More about Data Commun Management

Data Communications Management Corp. is a leading Canadian provider specializing in print and digital solutions aimed at simplifying complex marketing communications and workflow.

YTD Price Performance: 2.86%

Average Trading Volume: 44,781

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$119.5M

See more insights into DCM stock on TipRanks’ Stock Analysis page.