Direct Communication Solutions Announces Year-End Financials for 2023 and Operational Highlights
Direct Communication Solutions Announces Year-End Financials for 2023 and Operational Highlights
San Diego, California--(Newsfile Corp. - April 23, 2024) - 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 report its year-end financial results for 2023 and highlight significant achievements and strategic initiatives.
加利福尼亚州圣地亚哥--(Newsfile Corp.-2024 年 4 月 23 日)- 直接通信解决方案有限公司(场外交易代码:DCSX)(CSE:DCSI)(FSE:7QU0)(“DCS” 或 “公司”),物联网(IoT)市场信息技术解决方案的领先提供商很高兴地报告其2023年的年终财务业绩,并重点介绍重大成就和战略举措。
Highlights for the fiscal year 2023 include:
2023 财年的亮点包括:
Operational Efficiency and Cost Savings
运营效率和成本节约
Direct Communication Solutions implemented cost-cutting measures to reduce employee overhead in 2023 and will continue the company's strategic restructuring efforts, aimed at focusing on high-margin, recurring Software as a Service (SaaS) and services revenue streams in 2024. The streamlined operational efficiencies and cost savings will position the company for enhanced productivity and sustainable long-term growth.
Direct Communication Solutions在2023年实施了削减成本的措施,以减少员工的管理费用,并将继续公司的战略重组工作,目标是在2024年将重点放在高利润的经常性软件即服务(SaaS)和服务收入来源上。简化的运营效率和成本节约将使公司能够提高生产力和可持续的长期增长。
Milestone Achievement in Recurring Revenue Growth
经常性收入增长的里程碑式成就
In 2023 DCS grew its recurring revenue subscriber base to over 50,000. This milestone includes a diverse range of customers in both software and connectivity segments, contributing to the company's robust and sustainable revenue streams.
2023 年,DCS 的经常性收入用户群增长到超过 50,000 个。这一里程碑包括软件和连接领域的各种客户,为公司强劲而可持续的收入来源做出了贡献。
Enhanced Profitability and Margin Expansion
提高盈利能力和扩大利润率
With a steadfast focus on recurring SaaS and solutions revenues, DCS has significantly increased its overall gross margins. The company anticipates that its margins for Q1 2024 will continue to grow as we execute on our strategic plan. This strategic emphasis on high-margin SaaS and services offerings has not only enhanced profitability but also strengthened the company's financial position for future growth and expansion.
DCS坚定不移地关注经常性SaaS和解决方案收入,显著提高了其总体毛利率。该公司预计,随着我们执行战略计划,其2024年第一季度的利润率将继续增长。这种对高利润的SaaS和服务产品的战略重点不仅提高了盈利能力,而且还增强了公司未来增长和扩张的财务状况。
Expansion and Diversification of SaaS Sales Channel
SaaS 销售渠道的扩展和多元化
Expanded and diversified our SaaS sales channel by onboarding 7 new resellers, bringing our reseller channel to 19, and added 36 new direct SaaS customers. Our focus on SaaS recurring revenues in the second half of 2023 generated almost 15,000 new SaaS subscriptions from over 600 different accounts that rely on our SaaS and services solutions to run their businesses effectively and efficiently. The SaaS and services recurring revenue growth in 2023 will allow us to continue to execute our strategy of focusing on high-margin, long-term recurring revenues in 2024 and beyond.
通过加入7个新的经销商,扩大了我们的SaaS销售渠道并实现了多元化,使我们的经销商渠道达到19个,并增加了36个新的直接SaaS客户。我们对SaaS经常性收入的关注在2023年下半年产生了来自600多个不同账户的近15,000名新的SaaS订阅者,这些账户依赖我们的SaaS和服务解决方案来有效和高效地运营业务。2023年SaaS和服务经常性收入的增长将使我们能够继续执行我们的战略,即在2024年及以后专注于高利润的长期经常性收入。
Video Telematics Provides High-Margin Growth
视频远程信息处理提供高利润增长
Video telematics provided a significant contribution to our overall SaaS and services recurring revenue in 2023 and will continue to grow and add to our diverse and expanding customer base. We announced long-term agreements with ALSCO and Streamline Transportation for our video telematics solution offering and will continue to focus on this exciting vertical for continued future growth.
视频远程信息处理为我们在2023年SaaS和服务的整体经常性收入做出了重大贡献,并将继续增长并增加我们多元化和不断扩大的客户群。我们宣布与ALSCO和Streamline Transportation签订长期协议,以提供视频远程信息处理解决方案,并将继续专注于这一令人兴奋的垂直领域,以实现未来的持续增长。
CEO of Direct Communication Solutions, Chris Bursey, reports strong year-end revenues and growth, highlighted by the subsequent information:
直接通信解决方案首席执行官克里斯·伯西报告了强劲的年终收入和增长,随后的信息突显了这一点:
For the year ended December 31, 2023, gross margin were 34.0% (28.2% for 2022), representing USD $4.4 million estimated gross profit (USD $6.3 million for 2022 YTD). The 2023 EBITDA Loss was USD -$2.6 million compared to a USD$0.50 million 2022 EBITDA loss.
截至2023年12月31日的财年,毛利率为34.0%(2022年为28.2%),估计毛利润为440万美元(2022年年初至今为630万美元)。2023年息税折旧摊销前利润亏损为-260万美元,而2022年的息税折旧摊销前利润亏损为50万美元。
Bursey commented on the company's year-end financial results, stating, "We are pleased to announce our strong performance for the fiscal year 2023, marked by significant achievements and strategic milestones. Our focus on operational efficiency, recurring revenue growth, and strategic partnerships has yielded positive results, positioning Direct Communication Solutions for continued success." He continued, "The operational cost reductions and strategic focus on our SaaS and services offerings represent a key milestone in our growth strategy, allowing us to offer enhanced IoT solutions to our customers. We look forward to building on this momentum in 2024 as we continue to innovate and deliver value to our stakeholders."
Bursey评论了公司的年终财务业绩,他说:“我们很高兴地宣布我们在2023财年的强劲业绩,以重大成就和战略里程碑为标志。我们对运营效率、经常性收入增长和战略合作伙伴关系的关注取得了积极成果,为直接沟通解决方案的持续成功奠定了基础。”他继续说:“运营成本的降低以及对我们的SaaS和服务产品的战略重点是我们增长战略的关键里程碑,使我们能够为客户提供增强的物联网解决方案。随着我们继续创新并为利益相关者创造价值,我们期待在2024年巩固这一势头。”
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 是一家技术解决方案集成商,专注于连接物联网。我们提供解决实际问题的真实解决方案。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,在场外交易所(“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徽标是美国DCSI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
Ph: 858-525-2483
首席执行官克里斯·伯西
cbursey@dcsbusiness.com
电话:858-525-2483
Forward-Looking Statements
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.
前瞻性陈述
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,受风险和不确定性的影响,这些风险和不确定性可能导致结果出现重大差异。DCS 认为,这些潜在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;包括竞争、在线安全、政府监管和全球经济状况在内的行业风险;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SEDAR+上提供并随场外交易披露和新闻服务发布的其他公开文件中进行了讨论。DCS没有义务更新或修改任何前瞻性陈述。
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。