DATA Communications Management Corp.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 480.0M | 447.7M | 273.8M | 235.3M |
| Operating Revenue | 480.0M | 447.7M | 273.8M | 235.3M |
| Cost Of Revenue | 349.9M | 328.8M | 189.6M | 165.8M |
| Gross Profit | 130.1M | 118.9M | 84.2M | 69.5M |
| Selling General And Administration | 87.6M | 83.4M | 54.4M | 56.0M |
| General And Administrative Expense | 47.5M | 44.2M | 25.4M | 31.1M |
| Research And Development | 4.8M | 3.8M | -- | -- |
| Other Operating Expenses | -- | -- | -- | -4.6M |
| Operating Expense | 92.4M | 87.2M | 54.4M | 51.4M |
| Operating Income | 37.7M | 31.7M | 29.8M | 18.1M |
| EBIT | 26.7M | -7.1M | 24.9M | 8.5M |
| Interest Expense | 21.5M | 15.3M | 5.0M | 5.8M |
| Interest Expense Non Operating | 21.5M | 15.3M | 5.0M | 5.8M |
| Net Interest Income | -22.0M | -15.8M | -5.3M | -6.8M |
| Other Income Expense | -10.4M | -38.3M | -4.6M | -8.7M |
| Other Non Operating Income Expenses | 2.8M | -7.1M | -2.7M | 1.5M |
| Special Income Charges | -13.2M | -31.2M | -1.9M | -10.2M |
| Restructuring And Mergern Acquisition | 13.2M | 31.2M | 1.9M | 9.7M |
| Gain On Sale Of Security | -- | -7.1M | -2.7M | -- |
| Pretax Income | 5.2M | -22.4M | 19.9M | 2.6M |
| Tax Provision | 1.7M | -6.6M | 5.9M | 1.1M |
| Tax Effect Of Unusual Items | -4.2M | -9.2M | -557,287 | -2.7M |
| Net Income From Continuing And Discontinued Operation | 3.6M | -15.9M | 14.0M | 1.6M |
| Net Income From Continuing Operation Net Minority Interest | 3.6M | -15.9M | 14.0M | 1.6M |
| Net Income Including Noncontrolling Interests | 3.6M | -15.9M | 14.0M | 1.6M |
| Net Income Common Stockholders | 3.6M | -15.9M | 14.0M | 1.6M |
| Net Income | 3.6M | -15.9M | 14.0M | 1.6M |
| EBITDA | 53.0M | 14.6M | 36.0M | 23.6M |
| Normalized EBITDA | 66.1M | 45.8M | 37.9M | 33.8M |
| Reconciled Depreciation | 26.2M | 21.7M | 11.2M | 15.2M |
| Basic EPS | 0.06 | -0.31 | 0.32 | 0.04 |
| Diluted EPS | 0.06 | -0.31 | 0.30 | 0.03 |
| Basic Average Shares | 55.2M | 50.8M | 44.1M | 44.0M |
| Diluted Average Shares | 57.7M | 50.8M | 46.6M | 46.1M |
| Total Unusual Items | -13.2M | -31.2M | -1.9M | -10.2M |
| Total Unusual Items Excluding Goodwill | -13.2M | -31.2M | -1.9M | -10.2M |
| Tax Rate For Calcs | 0.32 | 0.29 | 0.30 | 0.27 |
| Normalized Income | 12.5M | 6.2M | 15.3M | 9.0M |
| Diluted NI Availto Com Stockholders | 3.6M | -15.9M | 14.0M | 1.6M |
| Net Income Continuous Operations | 3.6M | -15.9M | 14.0M | 1.6M |
| Net Non Operating Interest Income Expense | -22.0M | -15.8M | -5.3M | -6.8M |
| Other Gand A | 47.5M | 44.2M | 25.4M | 31.1M |
| Other Special Charges | -- | -- | -- | 473,000 |
| Reconciled Cost Of Revenue | 349.9M | 328.8M | 189.6M | 165.8M |
| Rent Expense Supplemental | 20.2M | 19.7M | 8.1M | -- |
| Selling And Marketing Expense | 40.1M | 39.2M | 29.0M | 24.9M |
| Total Expenses | 442.3M | 416.1M | 244.0M | 217.2M |
| Total Other Finance Cost | 560,000 | 457,000 | 344,000 | 941,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 6.8M | 17.7M | 4.2M | 901,000 |
| Cash Cash Equivalents And Short Term Investments | 6.8M | 17.7M | 4.2M | 901,000 |
| Accounts Receivable | 103.4M | 118.0M | 54.6M | 51.6M |
| Receivables | 106.9M | 120.6M | 54.6M | 52.4M |
| Inventory | 23.8M | 28.8M | 20.2M | 12.1M |
| Prepaid Assets | -- | -- | 3.0M | 2.6M |
| Other Current Assets | 6.0M | 5.3M | 3.0M | 2.6M |
| Current Assets | 143.5M | 181.1M | 82.1M | 68.0M |
| Gross PPE | 311.7M | 284.8M | 118.2M | 120.1M |
| Accumulated Depreciation | -114.4M | -94.7M | -77.9M | -78.2M |
| Net PPE | 197.3M | 190.2M | 40.3M | 41.9M |
| Goodwill | 22.7M | 22.3M | 17.0M | 17.0M |
| Goodwill And Other Intangible Assets | 31.0M | 32.9M | 19.5M | 21.0M |
| Other Intangible Assets | 8.3M | 10.6M | 2.5M | 4.0M |
| Other Non Current Assets | 9.1M | 2.9M | 466,000 | 1.1M |
| Total Non Current Assets | 248.8M | 237.7M | 67.4M | 72.0M |
| Total Assets | 392.3M | 418.8M | 149.5M | 140.1M |
| Current Debt | 16.1M | 7.9M | 11.7M | 11.7M |
| Current Debt And Capital Lease Obligation | 26.6M | 18.2M | 18.5M | 17.9M |
| Accounts Payable | 59.9M | 75.8M | 44.1M | 37.6M |
| Payables | 59.9M | 75.8M | 45.8M | 38.4M |
| Payables And Accrued Expenses | 59.9M | 75.8M | 45.8M | 38.4M |
| Current Deferred Revenue | 6.2M | 6.2M | 3.9M | 3.3M |
| Current Liabilities | 100.7M | 116.5M | 69.5M | 62.8M |
| Long Term Debt | 68.5M | 93.9M | 15.4M | 24.6M |
| Long Term Debt And Capital Lease Obligation | 227.1M | 238.9M | 48.4M | 57.5M |
| Long Term Capital Lease Obligation | 158.6M | 145.0M | 33.0M | 33.0M |
| Total Non Current Liabilities Net Minority Interest | 251.7M | 273.5M | 57.2M | 69.2M |
| Total Liabilities Net Minority Interest | 352.3M | 390.0M | 126.6M | 132.0M |
| Common Stock | 284.6M | 283.7M | 256.5M | 256.5M |
| Capital Stock | 284.6M | 283.7M | 256.5M | 256.5M |
| Additional Paid In Capital | 3.1M | 3.1M | 3.1M | 2.8M |
| Retained Earnings | -248.2M | -258.5M | -237.8M | -252.3M |
| Gains Losses Not Affecting Retained Earnings | 307,000 | 177,000 | 207,000 | 173,000 |
| Common Stock Equity | 40.0M | 28.8M | 22.8M | 8.0M |
| Stockholders Equity | 40.0M | 28.8M | 22.8M | 8.0M |
| Total Equity Gross Minority Interest | 40.0M | 28.8M | 22.8M | 8.0M |
| Total Capitalization | 108.5M | 122.7M | 38.2M | 32.6M |
| Net Tangible Assets | 8.9M | -4.1M | 3.4M | -13.0M |
| Tangible Book Value | 8.9M | -4.1M | 3.4M | -13.0M |
| Working Capital | 42.8M | 64.5M | 12.6M | 5.2M |
| Invested Capital | 124.5M | 130.6M | 49.9M | 44.3M |
| Total Debt | 253.7M | 257.1M | 66.8M | 75.4M |
| Net Debt | 77.8M | 84.2M | 22.8M | 35.4M |
| Share Issued | 55.3M | 55.0M | 44.1M | 44.1M |
| Ordinary Shares Number | 55.3M | 55.0M | 44.1M | 44.1M |
| Allowance For Doubtful Accounts Receivable | -1.5M | -1.7M | -1.6M | -1.3M |
| Assets Held For Sale Current | 0.00 | 8.7M | 0.00 | -- |
| Capital Lease Obligations | 169.1M | 155.3M | 39.8M | 39.1M |
| Construction In Progress | 815,000 | 1.1M | -- | -- |
| Current Capital Lease Obligation | 10.5M | 10.3M | 6.8M | 6.1M |
| Current Deferred Liabilities | 6.2M | 6.2M | 3.9M | 3.3M |
| Current Provisions | 8.0M | 16.3M | 1.3M | -- |
| Defined Pension Benefit | 3.1M | 2.0M | 2.4M | 2.5M |
| Employee Benefits | 19.8M | 30.0M | 8.8M | 11.7M |
| Finished Goods | 2.9M | 2.4M | 2.7M | 3.0M |
| Foreign Currency Translation Adjustments | 307,000 | 177,000 | 207,000 | 173,000 |
| Gross Accounts Receivable | 104.9M | 119.7M | 56.2M | 52.9M |
| Income Tax Payable | -- | 0.00 | 1.6M | 841,000 |
| Land And Improvements | -- | 0.00 | -- | -- |
| Leases | 205.7M | 193.6M | 56.6M | 53.8M |
| Line Of Credit | 880,000 | 1.6M | 0.00 | -- |
| Long Term Provisions | 4.7M | 4.6M | -- | 1.2M |
| Machinery Furniture Equipment | 72.2M | 70.1M | 45.0M | 50.6M |
| Non Current Deferred Assets | 8.2M | 9.8M | 4.8M | 5.5M |
| Non Current Deferred Liabilities | 60,000 | 0.00 | -- | -- |
| Non Current Deferred Taxes Assets | 8.2M | 9.8M | 4.8M | 5.5M |
| Non Current Deferred Taxes Liabilities | 60,000 | 0.00 | -- | -- |
| Non Current Pension And Other Postretirement Benefit Plans | 19.8M | 30.0M | 8.8M | 11.7M |
| Other Current Borrowings | 15.2M | 6.3M | 11.7M | 11.7M |
| Other Equity Interest | 219,000 | 219,000 | 869,000 | 881,000 |
| Other Properties | 33.1M | 20.0M | 16.7M | 15.6M |
| Pensionand Other Post Retirement Benefit Plans Current | -- | -- | 1.3M | 3.3M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 18.3M | 22.1M | 14.7M | 6.5M |
| Taxes Receivable | 3.4M | 2.6M | 15,000 | 860,000 |
| Total Tax Payable | -- | 0.00 | 1.6M | 841,000 |
| Work In Process | 2.7M | 4.4M | 2.8M | 2.7M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 24.7M | 25.8M | 25.4M | 26.9M |
| Cash Flow From Continuing Operating Activities | 24.7M | 25.8M | 25.4M | 26.9M |
| Depreciation And Amortization | 26.2M | 21.7M | 11.2M | 15.2M |
| Depreciation Amortization Depletion | 26.2M | 21.7M | 11.2M | 15.2M |
| Stock Based Compensation | 460,000 | 675,000 | 328,000 | 488,000 |
| Deferred Tax | 1.7M | -6.6M | 5.9M | 1.1M |
| Deferred Income Tax | 1.7M | -6.6M | 5.9M | 1.1M |
| Change In Working Capital | 3.7M | 5.9M | -3.6M | 7.1M |
| Changes In Account Receivables | 14.6M | -3.6M | -3.1M | 13.7M |
| Change In Receivables | 14.6M | -3.6M | -3.1M | 13.7M |
| Change In Inventory | 5.0M | 14.4M | -8.1M | -3.6M |
| Change In Payables And Accrued Expense | -15.5M | -3.5M | 6.9M | -2.4M |
| Change In Payable | -15.5M | -3.5M | -- | -- |
| Change In Other Working Capital | -86,000 | 591,000 | 673,000 | 471,000 |
| Other Non Cash Items | -13.2M | -6.1M | -1.7M | -4.5M |
| Capital Expenditure | -12.7M | -4.3M | -1.5M | -3.2M |
| Purchase Of PPE | -12.3M | -4.2M | -1.5M | -1.8M |
| Net PPE Purchase And Sale | 74,000 | 26.6M | -1.4M | -1.8M |
| Purchase Of Business | -363,000 | -131.0M | 0.00 | -- |
| Investing Cash Flow | -10.1M | -104.5M | -1.5M | -3.2M |
| Cash Flow From Continuing Investing Activities | -10.1M | -104.5M | -1.5M | -3.2M |
| Issuance Of Debt | 51.0M | 162.4M | 2.9M | 21.0M |
| Repayment Of Debt | -76.9M | -93.9M | -21.3M | -44.0M |
| Net Issuance Payments Of Debt | -25.9M | 68.5M | -18.4M | -23.0M |
| Issuance Of Capital Stock | 0.00 | 24.2M | 0.00 | -- |
| Net Common Stock Issuance | 0.00 | 24.2M | 0.00 | -- |
| Financing Cash Flow | -25.6M | 92.2M | -17.9M | -23.4M |
| Cash Flow From Continuing Financing Activities | -25.6M | 92.2M | -17.9M | -23.4M |
| Effect Of Exchange Rate Changes | 50,000 | -41,000 | 39,000 | 13,000 |
| Changes In Cash | -10.9M | 13.5M | 6.0M | 310,000 |
| Beginning Cash Position | 17.7M | 4.2M | 901,000 | 578,000 |
| End Cash Position | 6.8M | 17.7M | 6.9M | 901,000 |
| Free Cash Flow | 12.1M | 21.4M | 23.8M | 23.7M |
| Amortization Cash Flow | 2.0M | 2.9M | 1.6M | 3.6M |
| Amortization Of Intangibles | 2.0M | 2.9M | 1.6M | 3.6M |
| Asset Impairment Charge | 1.5M | 464,000 | 0.00 | -- |
| Change In Account Payable | -15.5M | -3.5M | -- | -- |
| Change In Prepaid Assets | -317,000 | -2.1M | -43,000 | -1.0M |
| Common Stock Issuance | 0.00 | 24.2M | 0.00 | -- |
| Depreciation | 24.2M | 18.8M | 9.6M | 11.6M |
| Gain Loss On Sale Of PPE | 900,000 | 487,000 | 98,000 | -130,000 |
| Long Term Debt Issuance | 51.0M | 162.1M | 2.9M | 21.0M |
| Long Term Debt Payments | -75.9M | -93.9M | -21.3M | -44.0M |
| Net Business Purchase And Sale | -363,000 | -131.0M | 0.00 | -- |
| Net Income From Continuing Operations | 3.6M | -15.9M | 14.0M | 1.6M |
| Net Intangibles Purchase And Sale | -360,000 | -127,000 | -71,000 | -1.4M |
| Net Long Term Debt Issuance | -24.9M | 68.2M | -18.4M | -23.0M |
| Net Other Financing Charges | -- | -1.8M | 515,000 | -489,000 |
| Net Other Investing Changes | -9.4M | -- | -- | -- |
| Net Short Term Debt Issuance | -998,000 | 282,000 | 0.00 | -9.7M |
| Operating Gains Losses | 36,000 | 2.2M | 433,000 | 232,000 |
| Pension And Employee Benefit Expense | -864,000 | 1.8M | 335,000 | 362,000 |
| Proceeds From Stock Option Exercised | 337,000 | 1.2M | 0.00 | 118,000 |
| Provisionand Write Offof Assets | 4.4M | 20.3M | 0.00 | 9.7M |
| Purchase Of Intangibles | -360,000 | -127,000 | -71,000 | -1.4M |
| Sale Of PPE | 12.4M | 30.8M | 70,000 | 0.00 |
| Short Term Debt Issuance | -- | 282,000 | 0.00 | 21.0M |
| Short Term Debt Payments | -998,000 | 0.00 | -12.6M | -30.7M |
| Taxes Refund Paid | -3.4M | -4.1M | -3.8M | -3.9M |
| Unrealized Gain Loss On Investment Securities | -279,000 | 7.1M | 2.7M | -- |