In a recent Investor.Coffee interview with host Tracy Weslosky, Ciscom Corp.’s (CSE: CISC | OTCQB: CISCF) President and CFO Michel Pepin shared insights into Ciscom’s strong revenue growth for 2023 and strategic initiatives moving forward. Michel proudly announced that Ciscom achieved a 95.9% increase in revenue in 2023, growing from $14.766 million to $35.014 million. This growth was also reflected in their gross profit, which rose from $2.785 million to $6.772 million, marking a 143.2% increase.

Michel attributed this success to the dedicated efforts of the Ciscom team and the company’s robust and profitable business model. Central to this model is a client-centric approach, a strategic focus, minimization of overhead costs, and investment in future opportunities. Michel also shared Ciscom’s ambitious acquisition plans. Targeting one to two acquisitions annually, Ciscom is currently exploring a potential third acquisition for 2024. He stressed the importance of strategic alignment and rigorous due diligence in their acquisition process to ensure that they are accretive to Ciscom.

To bolster its leadership and operational capabilities, Ciscom announced the appointment of Sheri Rogers as the EVP Managing Director of Prospect Media Group (PMG), one of its key subsidiaries. Michel shared that Sheri brings a wealth of experience and a track record of success in leading major agencies and client portfolios.

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About Ciscom Corp.

Ciscom Corp. is a Canadian company investing, acquiring, and managing companies in the ICT sector. Potential acquisition targets are entrepreneurs seeking equity, transition, or that do not have a defined succession plan. Target companies are generally substantial SMEs and have a proven track record/history of profitability.

With this approach Ciscom enables owners/founders to crystalize their equity, while remaining active in the business. Consequently, acquisitions are immediately accretive to shareholders’ value.

To learn more about Ciscom Corp., click here

Disclaimer: Ciscom Corp. is an advertorial member of InvestorNews Inc.

This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.

The recent eResearch Industry Report titled Roll-Up Strategies in the Canadian ICT Industry; Your Guide to Understanding and Investing in M&A-Focused Public Companies offers a comprehensive analysis of the Mergers and Acquisition (M&A) strategies in the Canadian Information and Communication Technology (ICT) sector. This sector, pivotal in modern business and society, includes key components like cybersecurity, data management, and telecommunications. Despite challenges posed by COVID-19, the global ICT industry remained resilient, with estimated worldwide spending reaching US$4.8 trillion in 2023. The Canadian ICT sector, in particular, is expected to generate $270 billion in revenues in 2023, marking a 5% annual growth.

The report emphasizes the significance of the roll-up strategy in M&A, aimed at consolidating businesses within the same sector to enhance efficiency, scale, and competitiveness. This strategy saw a notable resurgence in Canada post-COVID-19, with M&A activities exceeding US$349 billion in deals in 2021. Although there was an initial dip in M&A deal values in early 2023 due to economic uncertainties, the situation improved in the second quarter. The report suggests a potential increase in M&A activities in Canada, influenced by technological demands and the aging demographic of Canadian entrepreneurs.

A key focus of the report is on Ciscom Corp. (CSE: CISC), a Canadian-based holding company that employs a roll-up strategy in the ICT sector. Ciscom, which went public in 2023, aims to build a larger and more valuable corporate entity through strategic acquisitions. The company’s approach involves identifying profitable and scalable Small-to-Medium Enterprises (SMEs) that complement its existing portfolio. Ciscom’s strategy is not only attractive for its value-generation potential through economies of scale and synergies but also for its ability to increase market exposure and access better opportunities.

Ciscom’s acquisition strategy is unique, employing a blend of cash and shares to provide sellers with favorable exit opportunities. This approach has helped in fostering collaboration with target companies and aligning mutual interests for success. The company’s first two acquisitions, Market Focus Direct, Inc. (MFD) and Prospect Media Group Ltd. (PMG), demonstrate its focus on technology-based services like advertising, content management, and data analytics. Ciscom’s revenue growth has been impressive, with a significant jump from $1.1 million in 2021 to a projected $35 million in 2023.

Overall, the report provides valuable insights into the role of M&A strategies, particularly roll-up strategies, in the growth and evolution of the Canadian ICT industry. It underscores the sector’s resilience and potential for future growth, driven by strategic consolidations and technological advancements. To access or download the recent eResearch ICT Industry Report, click here

In a remarkable financial turnaround, Ciscom Corp. (CSE: CISC), a leader in the Information, Communication, and Technology (ICT) sector, has recently announced its Q3 2023 earnings, showcasing a period of significant growth and positive results. The acquisition of PMG, a key player in AdTech/MarTech, has been a catalyst in this upward trajectory, reflecting a strategic move by Ciscom in expanding its market reach.

Stellar Financial Performance

Ciscom’s year-to-date results up to September 30, 2023, reveal a staggering sales increase of 929%, totaling $21.5M, compared to the $2.1M reported in the previous year. This leap is largely attributed to the PMG acquisition, which was finalized on September 30, 2022. Adjusting for this acquisition (on a pro-forma basis), the sales still show an impressive 1.5% increase.

The gross profit for the same period rose to $4.2M, a 967% increase compared to the prior year. This improvement is linked to the company’s strategic decision to retire low-margin projects, thus enhancing overall profitability.

Despite the challenging economic climate affecting the retail sector, Ciscom has demonstrated resilience and adaptability. The company managed to increase its sales and gross profit, a testament to its robust business model and strategic focus.

Reduction in Net Loss and Optimized Cash Flow

For Q3 2023, Ciscom reported a reduced net loss of $30k, a significant improvement from the $720k net loss in the same quarter of 2022. This reduction is noteworthy, considering the restructuring costs and non-recurring expenses the company faced during this period.

On a cash basis, the company’s performance is even more impressive, with a net income of $107k for the nine months ending September 30, 2023, in stark contrast to the net loss of $782k in the previous year. The normalized operating profit (EBITDA) stood at $986k, marking a remarkable year-over-year improvement of $1,365k.

Strategic Acquisitions and Technological Advancements

Ciscom’s strategic focus extends beyond financial growth. The company has made significant strides in the ICT sector, with its first two acquisitions in the AdTech/MarTech sector. These acquisitions have positioned Ciscom at the forefront of big data, analytics, and technology, enhancing its competitive edge.

On October 17, 2023, Ciscom terminated its agreement with Hummingbird Capital Inc., reflecting its dynamic and adaptable corporate strategy. This decision aligns with Ciscom’s broader vision of nurturing and expanding its portfolio through selective acquisitions and investments.

Future Outlook

Ciscom’s President and CFO, Michel Pepin, expresses confidence in the company’s trajectory, highlighting the collective effort of the team and the solid business foundation. The company’s focus on organic and acquisition-based growth, coupled with its proprietary technology, continues to drive its market relevance and competitiveness.

Conclusion

Ciscom’s Q3 2023 earnings release is a clear indicator of the company’s robust financial health and strategic positioning in the ICT sector. With its focused approach on growth, technological advancement, and strategic acquisitions, Ciscom is well on its way to solidifying its presence as a leader in the industry. The future looks bright for Ciscom, its stakeholders, and its clientele.

For more insights and information on Ciscom Corp, visit their website at www.ciscomcorp.com.

This is a summary of Ciscom Corp’s Q3 2023 earnings and strategic updates. For detailed information and disclosures, please refer to the company’s official communications and financial statements.

In this InvestorIntel interview with host Tracy Weslosky, ePlay Digital Inc.’s (CSE: EPY) CEO Trevor Doerksen discusses the introduction of metaverse advertising and brand monetization into ePlay’s virtual worlds as they accelerate towards full commercialization.

In the interview, which can also be viewed in full on the InvestorIntel YouTube channel (click here), Trevor Doerksen talks about ePlay’s partnership with VR advertising innovator Trivver to bring dynamic virtual reality and augmented reality advertising directly into ePlay’s Klocked World. As the “running metaverse that you could immerse yourself in today”, Trevor explains how Klocked World makes ePlay an early leader in the fast-growing market of metaverse engagement and commercialization.

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About ePlay Digital Inc.

ePlay Digital Inc. is a mobile game creator and publisher specializing in sports, esports and entertainment augmented reality titles, including the, award-winning, augmented reality running app, Klocked.run, sports gaming app Fan Freak, flagship title Big Shot Basketball and Howie Mandel mobile game collaboration – HowiesGames.fun. ePlay is operated by an award-winning team of sports, gaming and eSports leaders as well as broadcast and digital technology industry experts, software engineers and athletes who have brought dozens of game titles to market for companies including Time Warner Cable, ESPN, Sony Pictures, AXS TV, Intel, AXN, Fiat, CBS, and others.

In a recent InvestorIntel interview, Tracy Weslosky spoke with Michel Pepin, President and CFO of Ciscom Corp. about acquiring companies in the Information and Communication Technology (ICT) space with a strong revenue stream.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Michel Pepin said that Ciscom has signed a share purchase agreement to acquire marketing technology company, Prospect Media Group, which had revenue of about $30 million in 2021. He added that Prospect Media Group will be Ciscom’s second acquisition having successfully closed the acquisition of their first company last year. He went on to provide an update on Ciscom’s private placement to finance the acquisition.

To watch the full interview, click here.

About Ciscom Corp.

Ciscom is a ‘Roll-Up’ company active in the ICT (Information and Communication Technology) and focused on technology driven marketing/advertising, documents processing and content management organizations. All having complementarity of activities, and implementing significant synergies and leverages at all levels (Sales, expenses, financial, operations and management). Ciscom is a long-term investor. It buys and holds, and works with management teams to grow portcos.

In a recent InvestorIntel interview, Tracy Weslosky spoke with Chris Thompson, President of eResearch Corp. about his 18-page Update Report on Moovly Media Inc. (TSXV: MVY) and about Moovly’s recently announced partnership with NASDAQ listed Lee Enterprises.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Chris said that Lee Enterprises is a major advertising and marketing automation platform and explained why Moovly’s integration agreement with Lee Enterprises is a milestone for Moovly Media. He went on to explain how Moovly has been able to attract large technology companies looking to integrate with its video technology platform. Highlighting the growing demand for videos to reach the widest possible target audience, Chris said that the demand for video technology like Moovly’s offerings will continue to grow.

To watch the full interview, click here.

About eResearch Corporation

eResearch Corporation is a respected source for institutional-quality, equity research focused primarily on small- and mid-cap companies. The purpose of the focus is to identify companies that have interesting prospects, sound management, and a significant potential for share price appreciation. eResearch  complements its corporate research coverage with a diversified selection of informative, insightful, and thought-provoking research publications from a wide variety of investment professionals. The professional investment research and analysis is provided directly to the subscriber network of discerning investors, and is done electronically through its website, www.eresearch.com

I’m not much of a YouTube person, or TikTok, or social media in general, so perhaps I’m not the most qualified individual to comment on making videos. However, if I were inclined to post my opinions on the internet or try and give Joe Rogan a run for his money, there is a tool I would definitely be utilizing to make myself look as professional as possible. I would be using the Moovly Studio Video Editor brought to us by Moovly Media Inc. (TSXV: MVY). But before I continue, this is not an advertisement for Moovly’s products, it’s simply my introduction into the company I’m going to discuss today. Like I said, I’m not a curator of video content so you are stuck with my verbal commentary, although as I understand it, Moovly has a product that can turn this note into a form of video or powerpoint presentation.

Essentially, Moovly offers its users the most complete online video creation solution on the market. Combining an intuitive and easy-to-use video editor with millions of copyright free assets available in many different styles, and more advanced features such as text-to-speech, green screen recording, video automation solutions and white-labeling options. It could actually make a grumpy old guy like me look reasonably competent, at least until I started talking. Moovly is the leading provider of creative cloud-based tools to create compelling marketing, communications and training videos and video presentations. Clients include users from over 300 of the Fortune 500, small businesses, freelancers and Ivy League universities making intuitive, DIY, cost effective video-based content.

The reason for going on and on and on about the tools available at Moovly Media is to provide context for a deal that the Company signed last Wednesday that seems to have flown under the radar. Moovly announced that it has been selected, after a lengthy competitive process, as an exclusive partner to Lee Enterprises’ Simply Activ8 platform. The reason I say it appears to have flown under the radar is because the stock traded flat on both that Wednesday and Thursday on very low volume following the press release. It’s possible the market didn’t grasp the magnitude of this announcement so let me try and shed a little more light on why I think people should be paying attention to this deal. Lee Enterprises (NASDAQ: LEE) is a major subscription and advertising platform and a leading provider of local news and information. With Lee’s Enterprises’ daily newspapers, rapidly growing digital products and over 350 weekly and specialty publications serving 77 markets in 26 states. Year to date, Lee’s newspapers have an average daily circulation of 1.2 million, and legacy websites, including acquisitions, reach more than 56 million digital unique visitors.

The Simply Activ8 platform developed by Lee Enterprises has embedded the Moovly video automation platform to offer its clients a powerful business marketing video-making tool, fully integrated and branded. The solution enables businesses to create advertisements and other marketing videos in a simple, cost-effective way, and in doing so brings additional revenue and client stickiness to the platform. James Green, Vice President/Digital at Lee Enterprises stated, “Video is a powerful tool in advertising. Our partnership with Moovly makes that tool affordable and accessible for small to medium businesses.” For Moovly it’s an excellent example of allowing other companies to capitalize on the world-class platform they have built by integrating it into their own product offering. I view this as potentially a very high margin deal for Moovly as they’re simply distributing an existing product to a much larger user base and will be collecting fees from it.

Moovly had a market cap of just under $18 million as of yesterday’s close. So you can imagine how a deal like this can impact the Company once the revenue from this transaction starts flowing through to Moovly. I expect that Q3 results will be out shortly, which should be a pretty interesting read given the recent corporate update detailing unprecedented growth. Perhaps as transactions like the Lee Enterprises deal start flowing through into the revenue column Moovly Media will no longer be flying under the radar.