Direct Communication Solutions Announces Interim Financial Statements for Q2 2023
Direct Communication Solutions Announces Interim Financial Statements for Q2 2023
San Diego, California--(Newsfile Corp. - August 16, 2023) - Direct Communication Solutions, Inc. (OTCQX: DCSX) (CSE: DCSI) (FSE: 7QU0) ("DCS" or the "Company"), a leading provider of information technology solutions for the Internet of Things (IoT) market, is pleased to announce it has posted its Interim Financial Statements for the three and six months ended June 30, 2023, and the corresponding Management Discussion & Analysis on SEDAR+.
加利福尼亚州圣地亚哥--(Newsfile Corp.,2023 年 8 月 16 日)— 直接通信解决方案公司 (OTCQX: DCSX) (CSE: DCSI) (FSE: 7QU0) (“DCS” 或者 “公司”)物联网(IoT)市场信息技术解决方案的领先提供商,欣然宣布,它已发布截至2023年6月30日的三个月和六个月的中期财务报表,以及相应的SEDAR+管理层讨论与分析。
Significant Highlights
重要亮点
The following highlights and developments are for the six months ended June 30, 2023:
以下是截至2023年6月30日的六个月的亮点和进展:
- Successful collaboration between Epson and the Company's MiFleet solution in the prevention of cargo theft, which is estimated to be $200M a year in the United States.
- Signed a five-year agreement with Alsco Uniforms, the world's largest uniform provider, to offer its AI Video Telematics Solution powered by VisionTrack.
- Partnered with VisionTrack to provide AI-Powered Video Telematics and IoT Solutions to the North American Market.
- Entered into a strategic collaboration with Teltonika Telematics to become their Master Partner in the USA and Canada.
- Executing our strategy of transitioning to a Software-as-a-Service (SaaS) enabler in the IoT market to focusing on IoT solution that generates recurring revenue.
- Continuously working on NYSE up listing.
- 爱普生与该公司的MiFleet解决方案在防止货物盗窃方面成功合作,据估计,在美国每年损失2亿美元。
- 与全球最大的制服供应商Alsco Uniforms签署了一项为期五年的协议,提供由VisionTrack提供支持的人工智能视频远程信息处理解决方案。
- 与VisionTrack合作,为北美市场提供基于人工智能的视频远程信息处理和物联网解决方案。
- 与Teltonika Telematics达成战略合作,成为他们在美国和加拿大的主要合作伙伴。
- 执行我们在物联网市场向软件即服务 (SaaS) 推动者过渡的战略,转而专注于产生经常性收入的物联网解决方案。
- 继续努力在纽约证券交易所上市。
CEO of Direct Communication Solutions, Chris Bursey, reports strong Q2 revenues and growth, highlighted by the subsequent information:
直接通信解决方案首席执行官克里斯·伯西报告说,第二季度收入和增长强劲,随后的信息突显了这一点:
Direct Communication Solutions Inc. had second-quarter 2023 revenues of $ 4.6 million (U.S.) versus $ 5.8 million (U.S.) in Q2 2022, representing a decrease of 21 percent year over year. The six-month revenues ended June 2023, were reported at $ 7.8 million (U.S.) versus $ 13.6 million (U.S.) in 2022, representing a decrease of 43 percent.
Direct Communication Solutions Inc. 2023年第二季度的收入为460万美元(美元),而2022年第二季度的收入为580万美元,同比下降21%。截至2023年6月的六个月收入为780万美元(美元),而2022年为1,360万美元(美元),下降了43%。
Q2 2023 gross profit was $ 1.6 million (U.S.) versus $ 1.8 million (U.S.) in Q2 2022, representing an 18-per-cent decrease. The six-month gross profit ended June 2023, was reported at $ 2.6 million (U.S.) versus $ 4.2 million (U.S.) in 2022, representing a decrease of 39 percent. The six-month net loss ended June 2023, was reported at $2.4 million(U.S.) versus a net income of $700,000 (U.S.) in 2022. Q2 2023 adjusted EBITDA was ($602k) (U.S.) versus $361k in Q2 2022, representing a 266-percent decrease. The six-month adjusted EBITDA was ($1.3 million) (U.S.) versus $ 1 million (U.S.) in 2022, representing a decrease of 230 percent.
2023年第二季度的毛利为160万美元(美元),而2022年第二季度的毛利为180万美元,下降了18%。截至2023年6月的六个月毛利为260万美元(美元),而2022年为420万美元(美元),下降了39%。截至2023年6月的六个月净亏损为240万美元(美元),而2022年的净收入为70万美元(美元)。2023年第二季度调整后的息税折旧摊销前利润为60.2万美元(美元),而2022年第二季度为36.1万美元,下降266%。调整后的六个月息税折旧摊销前利润为(130万美元)(美元),而2022年为100万美元(美元),下降了230%。
"In Q2 2023, the Direct Communication team continued to focus and execute our strategy of providing IoT solutions that generate recurring revenue with higher margins. We are executing this transition, which we believe will bring maximum value to our shareholders. Management has secured some key wins, with several large customers, demonstrating our ability to execute." Chris Bursey also commented, "We have added a significant number of new SaaS subscribers in Q2 2023 that we can build on for the future."
“在2023年第二季度,直接通信团队继续专注于并执行我们的战略,即提供物联网解决方案,以更高的利润率创造经常性收入。我们正在执行这一过渡,我们相信这将为我们的股东带来最大的价值。管理层已经取得了一些关键的胜利,有几个大客户,这证明了我们的执行能力。”Chris Bursey还评论说:“我们在2023年第二季度增加了大量新的SaaS订阅者,我们可以在此基础上为未来再接再厉。”
The conversion rate is $1 (U.S.) to $1.32 (Canadian).
兑换率为1美元(美元)到1.32美元(加元)。
We seek Safe Harbor.
我们寻求安全港。
About Direct Communication Services Inc.
关于直接通信服务公司
DCSI is a technology solutions integrator focusing on connecting the Internet of Things. We provide real solutions that solve real problems. Our software applications and scalable cloud services collect and assess business-critical data from all types of assets. DCSI is headquartered in San Diego, California and is publicly traded on the OTCQX ("DCSX"), Canadian Securities Exchange ("DCSI") and Frankfurt Stock Exchange ("7QU0"). For more information, visit . DCSI and the DCSI logo are among the trademarks of DCSI in the United States. Any other trademarks or trade names mentioned are the property of their respective owners.
DCSI 是一家专注于连接物联网的技术解决方案集成商。我们提供解决实际问题的真正解决方案。我们的软件应用程序和可扩展的云服务收集和评估来自所有类型资产的关键业务数据。DCSI总部位于加利福尼亚州圣地亚哥,在OTCQX(“DCSX”)、加拿大证券交易所(“DCSI”)和法兰克福证券交易所(“7QU0”)上市。欲了解更多信息,请访问。DCSI 和 DCSI 徽标是 DCSI 在美国的商标之一。提及的任何其他商标或商品名称均为其各自所有者的财产。
Contacts
联系人
Chris Bursey, CEO
cbursey@dcsbusiness.com
858-525-2483
克里斯·伯西,首席执行官
cbursey@dcsbusiness.com
858-525-2483
Forward-Looking Statements
前瞻性陈述
This release contains forward-looking statements reflecting management's current views of future events and operations. These statements are based on current expectations and assumptions, subject to risks and uncertainties that could cause results to differ materially. DCS believes that these potential risks and uncertainties include, without limitation: the ongoing COVID-19 pandemic, the Company's dependence on third-party manufacturers, suppliers, technologies, and infrastructure; risks related to intellectual property; industry risks, including competition, online security, government regulation, and global economic conditions; and the Company's financial position and need for additional funding. Statements in this release should be evaluated in light of these factors. These risk factors and other important factors that could affect our business and financial results are discussed in our Management's Discussion and Analysis, periodic reports, and other public filings available on SEDAR+ at and posted with the OTC Disclosure and News Service. DCS undertakes no duty to update or revise any forward-looking statements.
本新闻稿包含前瞻性陈述,反映了管理层当前对未来事件和运营的看法。这些陈述基于当前的预期和假设,但存在可能导致结果出现重大差异的风险和不确定性。DCS认为,这些潜在的风险和不确定性包括但不限于:持续的 COVID-19 疫情、公司对第三方制造商、供应商、技术和基础设施的依赖;与知识产权相关的风险;行业风险,包括竞争、在线安全、政府监管和全球经济状况;以及公司的财务状况和对额外资金的需求。本新闻稿中的声明应根据这些因素进行评估。这些风险因素和其他可能影响我们业务和财务业绩的重要因素将在我们的管理层讨论与分析、定期报告以及其他公开文件中进行了讨论,这些文件可在SEDAR+上查阅,并发布在场外交易披露和新闻服务处。DCS不承担更新或修改任何前瞻性陈述的责任。
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
加拿大证券交易所及其监管服务提供商(该术语在加拿大证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
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要查看本新闻稿的源版本,请访问