Direct Communication Solutions Announces Interim Financial Statements for Q3 2023
Direct Communication Solutions Announces Interim Financial Statements for Q3 2023
San Diego, California--(Newsfile Corp. - November 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 nine months ended September 30, 2023, and the corresponding Management Discussion & Analysis on SEDAR+.
加利福尼亚州圣地亚哥--(Newsfile Corp.-2023 年 11 月 16 日)- 直接通信解决方案有限公司(场外交易代码:DCSX)(CSE:DCSI)(FSE:7QU0) 物联网(IoT)市场信息技术解决方案的领先提供商(“DCS” 或 “公司”)欣然宣布,它已经发布了截至2023年9月30日的三个月和九个月的中期财务报表以及相应的SEDAR+管理层讨论与分析。
Direct Communication Solutions Inc. had revenues for the nine months ended September 30, 2023, of $11.2 million (U.S.), compared with $18.2 million (U.S.) in 2022 (a decrease of 39 percent over the same period as last year).
截至2023年9月30日的九个月中,Direct Communication Solutions Inc.的收入为1,120万美元(美元),而2022年为1,820万美元(与去年同期相比下降了39%)。
Significant Highlights - for the nine months ended September 30, 2023:
重要亮点-截至2023年9月30日的九个月中:
- Entered into strategic agreement with CATrak Technologies, Inc. to offer its Catalytic Converter Theft Prevention Solution.
- Successful collaboration between Epson and the Company's MiFleet solution in the fight against cargo theft.
- 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.
- Partnered with Teltonika to provide IoT Solutions in North America.
- 与CaTrak Technologies, Inc.签订战略协议,提供催化转化器防盗解决方案。
- 爱普生与公司的MiFleet解决方案在打击货物盗窃方面成功合作。
- 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,为北美市场提供人工智能驱动的视频远程信息处理和物联网解决方案。
- 与泰尔顿尼卡合作,在北美提供物联网解决方案。
Gross margin for the period ended was 32 percent for 2023 (29.3 percent for 2022), representing $3.59 million (U.S.) gross profit ($5.3 million (U.S.) for the period ended 2022). EBITDA (earnings before interest, taxes, depreciation and amortization) was negative $1,79 million (U.S.) compared with $634,931 (U.S.) 2022 EBITDA.
截至2023年的毛利率为32%(2022年为29.3%),相当于359万美元(美国)的毛利(截至2022年为530万美元(美元))。息税折旧摊销前利润(扣除利息、税项、折旧和摊销前的收益)为负17.9亿美元(美元),而2022年息税折旧摊销前利润为634,931美元(美国)。
Chris Bursey, CEO of Direct Communication Solutions, highlighted the company's commitment to navigating the evolving landscape and fostering long-term sustainability.
直接沟通解决方案首席执行官克里斯·伯西强调了公司对驾驭不断变化的格局和促进长期可持续发展的承诺。
In Q3 2023, Direct Communication Solutions reported notable progress in its Software as a Service (SaaS) segment. The company's Fleet Management Subscribers reached 22,202, reflecting an impressive growth rate of 22.33% in active subscribers. Additionally, Wireless Data/Connectivity Subscribers increased to 31,424, marking a growth rate of 6.56%. The cumulative Total Billable SaaS Subscribers at the end of Q3 2023 reached an impressive 53,626, showcasing a comprehensive growth of 28.88% over the same period.
2023年第三季度,直接通信解决方案报告了其软件即服务(SaaS)领域的显著进展。该公司的车队管理用户达到22,202人,活跃用户增长率高达22.33%,令人印象深刻。此外,无线数据/连接用户增加到31,424人,增长率为6.56%。截至2023年第三季度末,SaaS计费用户累计总数达到令人印象深刻的53,626人,同期综合增长28.88%。
While the Q3 financials underscore positive momentum in SaaS subscriptions, DCS remains focused on adapting to market dynamics and refining its strategies for sustained growth. The company continues to leverage its expertise in fleet management and wireless connectivity to meet the evolving needs of its customer base.
尽管第三季度的财务状况凸显了SaaS订阅的积极势头,但DCS仍然专注于适应市场动态和完善其持续增长战略。该公司继续利用其在车队管理和无线连接方面的专业知识来满足其客户群不断变化的需求。
In a strategic move that aligns with its commitment to meticulous planning, DCS announces the decision to defer its stock exchange listing update to the coming year. This proactive measure ensures optimal conditions for a successful listing, demonstrating the company's dedication to strategic foresight and positioning itself for future opportunities.
DCS宣布决定将其证券交易所上市更新推迟到来年,这是一项符合其精心规划承诺的战略举措。这项积极措施确保了成功上市的最佳条件,表明了公司对战略远见和为未来机遇做好定位的决心。
Direct Communication Solutions Founder and CEO Chris Bursey highlighted the positive market sentiment, sharing insights after the company's active participation in the 2023 Verizon Channel Partner Advisory Council. He expressed, "Our recent involvement reinforced our belief in the strength of collaboration within the industry. The event, bringing together key partners from diverse segments, underscored the influential role of partnerships. Productive meetings highlighted the resilience of these collaborations, emphasizing shared goals and strategies."
直接沟通解决方案创始人兼首席执行官克里斯·伯西强调了积极的市场情绪,在公司积极参与2023年威瑞森渠道合作伙伴咨询委员会后分享了见解。他表示:“我们最近的参与增强了我们对行业内部合作力量的信念。该活动汇集了来自不同领域的主要合作伙伴,强调了伙伴关系的影响力。富有成效的会议突显了这些合作的韧性,强调了共同的目标和战略。”
Bursey continued, "As we navigated through these sessions, the vitality of collaborations became evident, not only strengthening individual businesses but propelling the entire market forward. Direct Communication Solutions remains committed to delivering world-class solutions in this ever-evolving landscape. The positive energy witnessed at the Verizon Channel Partner Advisory Council fuels our confidence in the market's future, reinforcing our optimism and determination to contribute significantly to its continued growth."
伯西继续说:“当我们完成这些会议时,合作的活力显而易见,这不仅加强了个体企业,而且推动了整个市场向前发展。直接通信解决方案仍然致力于在这个不断变化的环境中提供世界一流的解决方案。Verizon渠道合作伙伴咨询委员会目睹的正能量激发了我们对市场未来的信心,增强了我们的乐观情绪和为其持续增长做出重大贡献的决心。”
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。
Contact
联系我们
Chris Bursey, CEO
cbursey@dcsbusiness.com
858-525-2483
首席执行官克里斯·伯西
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,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
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