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11 November 2025
DCM Third Quarter Remains Flat
BRAMPTON , ONTARIO—
DCM ( Data Communication Management) "While challenging market conditions and revenue headwinds persisted in the third quarter, we continue to deliver solid operating results and generate strong free cash flow enabling us to reduce debt and return capital shareholders,” said Richard Kellam, President & CEO of DCM. “Revenues in the quarter were down 3.1% year over year, reflecting a trend we have seen throughout the year of
clients delaying or scaling back projects in response to uncertainty about demand in their end markets as well as concerns about the impact of tariffs and ongoing labour disruptions at Canada Post. Summary of results include: Revenues were $105.4 million in the second quarter vs. $108.7 million in Q3 2024
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Data Communication Management) serves over 2,500 clients including 70 of the 100 largest Canadian corporations
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Adjusted EBITDA1 represented 11.7% of revenue vs. 11.6% in Q3 2024. Adjusted EBITDA was $12.3 million vs. $12.6 million in Q3 2024. SG&A expenses decreased to $18.2 million vs. $21.3 million in the prior year quarter.DCM is the third largest printer in Canada behind Transcontinental and VistaPrint. DCM has 15 plants across Canada including B.C., Alberta, Saskatchewan, Manitoba, Ontario and Quebec.
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