Financial Snapshot

Revenue
$11.71M
TTM
Gross Margin
36.52%
TTM
Net Earnings
-$4.342M
TTM
Current Assets
$1.901M
Q1 2024
Current Liabilities
$9.815M
Q1 2024
Current Ratio
19.37%
Q1 2024
Total Assets
$2.428M
Q1 2024
Total Liabilities
$10.54M
Q1 2024
Book Value
-$8.117M
Q1 2024
Cash
P/E
-1.699
Nov 29, 2024 EST
Free Cash Flow
-$1.355M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $13.03M $22.59M $16.53M $14.26M $16.06M $15.96M $8.812M
YoY Change -42.32% 36.68% 15.91% -11.24% 0.67% 81.08%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $13.03M $22.59M $16.53M $14.26M $16.06M $15.96M $8.812M
Cost Of Revenue $8.599M $16.22M $12.14M $10.18M $12.02M $12.33M $6.491M
Gross Profit $4.429M $6.368M $4.381M $4.077M $4.047M $3.629M $2.321M
Gross Profit Margin 34.0% 28.19% 26.51% 28.6% 25.2% 22.75% 26.34%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $7.086M $6.664M $5.099M $4.057M $3.273M $2.251M $1.902M
YoY Change 6.33% 30.69% 25.68% 23.96% 45.38% 18.39%
% of Gross Profit 159.99% 104.65% 116.38% 99.51% 80.87% 62.03% 81.94%
Research & Development $515.7K $553.5K $1.158M $1.082M $782.7K $351.2K $376.3K
YoY Change -6.83% -52.22% 7.04% 38.25% 122.89% -6.68%
% of Gross Profit 11.64% 8.69% 26.44% 26.54% 19.34% 9.68% 16.21%
Depreciation & Amortization $421.0K $432.0K $239.8K $203.2K $165.4K $21.03K $18.44K
YoY Change -2.55% 80.13% 18.03% 22.85% 686.4% 14.05%
% of Gross Profit 9.51% 6.78% 5.47% 4.98% 4.09% 0.58% 0.79%
Operating Expenses $9.173M $8.708M $7.150M $5.908M $4.881M $3.300M $2.845M
YoY Change 5.33% 21.8% 21.02% 21.05% 47.9% 16.01%
Operating Profit -$4.744M -$2.340M -$2.768M -$1.831M -$833.4K $329.2K -$523.8K
YoY Change 102.71% -15.46% 51.2% 119.68% -353.18% -162.85%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense -$134.0K -$181.0K -$107.8K -$116.7K -$361.9K -$266.6K -$283.8K
YoY Change -25.96% 67.97% -7.68% -67.75% 35.75% -6.06%
% of Operating Profit -81.0%
Other Income/Expense, Net $0.00 $287.0K $24.25K $0.00 $99.22K
YoY Change -100.0% 1083.51% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$5.088M -$2.234M -$1.995M -$1.948M -$1.096M $62.54K -$1.876M
YoY Change 127.72% 11.99% 2.44% 77.68% -1852.67% -103.33%
Income Tax
% Of Pretax Income
Net Earnings -$5.088M -$2.234M -$1.995M -$1.948M -$1.096M $62.54K -$1.876M
YoY Change 127.72% 11.99% 2.44% 77.68% -1852.67% -103.33%
Net Earnings / Revenue -39.06% -9.89% -12.07% -13.66% -6.82% 0.39% -21.28%
Basic Earnings Per Share
Diluted Earnings Per Share -$2.21 -$0.97 -$0.90 -$1.01 -$0.08 $0.00 -$0.14

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $30.72K $3.211M $2.507M $1.474M $408.8K $910.3K $116.4K
YoY Change -99.04% 28.11% 70.09% 260.52% -55.09% 681.99%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $104.7K $1.176M $29.44K $30.68K $241.7K $13.39K $22.13K
YoY Change -91.1% 3895.55% -4.04% -87.31% 1705.15% -39.49%
Inventory $955.9K $792.9K $2.224M $701.6K $1.012M $1.264M $568.0K
Prepaid Expenses
Receivables $1.309M $3.327M $3.903M $1.344M $2.411M $3.167M $1.177M
Other Receivables $83.99K $46.34K $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $2.484M $8.554M $8.664M $3.550M $4.074M $5.355M $1.884M
YoY Change -70.96% -1.27% 144.05% -12.86% -23.92% 184.26%
Property, Plant & Equipment $524.5K $730.2K $948.1K $276.6K $387.2K $35.94K $52.25K
YoY Change -28.17% -22.98% 242.83% -28.58% 977.32% -31.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $50.06K $50.06K $50.06K $18.71K $18.71K $12.54K $11.69K
YoY Change 0.0% 0.0% 167.56% 0.0% 49.2% 7.27%
Total Long-Term Assets $574.6K $1.201M $1.633M $935.6K $992.3K $302.7K $63.95K
YoY Change -52.16% -26.45% 74.52% -5.72% 227.8% 373.35%
Total Assets $3.059M $9.755M $10.30M $4.486M $5.066M $5.657M $1.948M
YoY Change
Accounts Payable $6.665M $5.973M $3.836M $2.377M $4.592M $3.765M $1.710M
YoY Change 11.59% 55.69% 61.42% -48.24% 21.96% 120.16%
Accrued Expenses $887.9K $529.0K $823.4K $447.8K $413.8K $531.7K $249.3K
YoY Change 67.86% -35.75% 83.86% 8.22% -22.17% 113.25%
Deferred Revenue
YoY Change
Short-Term Debt $244.0K $0.00 $1.671M $490.6K $510.4K $963.5K $552.3K
YoY Change -100.0% 240.57% -3.88% -47.02% 74.46%
Long-Term Debt Due $1.707M $432.9K $216.0K $182.1K $205.8K $2.112M $72.00K
YoY Change 294.45% 100.39% 18.6% -11.51% -90.26% 2833.43%
Total Short-Term Liabilities $9.595M $7.416M $7.233M $3.578M $5.818M $7.465M $2.644M
YoY Change 29.37% 2.54% 102.16% -38.51% -22.06% 182.37%
Long-Term Debt $446.7K $1.778M $936.9K $422.5K $178.5K $30.00K $1.218M
YoY Change -74.87% 89.75% 121.75% 136.76% 494.83% -97.54%
Other Long-Term Liabilities $625.0K $3.124M $2.955M
YoY Change -79.99% 5.73%
Total Long-Term Liabilities $1.072M $4.902M $3.892M $422.5K $178.5K $30.00K $1.218M
YoY Change -78.14% 25.95% 821.17% 136.76% 494.83% -97.54%
Total Liabilities $10.67M $12.32M $11.12M $4.000M $5.997M $7.495M $3.862M
YoY Change -13.41% 10.73% 178.1% -33.29% -19.99% 94.07%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $7.3763 Million

About Direct Communication Solutions, Inc.

Direct Communication Solutions, Inc. engages in the development of cloud-based application infrastructures. The company is headquartered in San Diego, California. The company went IPO on 2020-01-08. The Company’s software applications and scalable cloud services collect and assess business-critical data from all types of assets. The Company’s software-as-a-service (SaaS) solutions include MiFleet, which provides fleet and vehicle SaaS telematics; MiSensors, which provides machine-to-machine device management and service enablement for wireless sensors; and MiFailover, which provides high-speed wireless Internet failover to small and medium-sized businesses as a redundancy solution to continue to run their business in the event the Internet is not available. In addition, the Company has deployed MiConnectivity to provide wireless data connectivity for global connectivity through its fully integrated SIM management platform and MiServices to provide managed services solution that includes an all-inclusive device readiness program and engineering support.

Industry: Wholesale-Computers & Peripheral Equipment & Software Peers: