Dye & Durham $DND
Q2 Earnings Takeaway & Highlights:
Leading Canadian provider of cloud-based software solutions designed to improve efficiency within the Legal tech industry holds a MONOPOLY.. yes extremely rare.
Q2-2021 (3-mths) Revenues grew $33M (96% YoY)
Cont'd below..
Q2 Earnings Takeaway & Highlights:
Leading Canadian provider of cloud-based software solutions designed to improve efficiency within the Legal tech industry holds a MONOPOLY.. yes extremely rare.
Q2-2021 (3-mths) Revenues grew $33M (96% YoY)
Cont'd below..
$DND $DND.TO
Financials:
- For the 6-months ended 2020 with $55M (63% YoY)
- Guidance for June 30, 2022: Revenue of over $340M (> +100% Growth) *includes acquisition of DoProcess*
Most of their acquisitions are being integrated earlier than expected
Adj. EBITDA $200M (below)
Financials:
- For the 6-months ended 2020 with $55M (63% YoY)
- Guidance for June 30, 2022: Revenue of over $340M (> +100% Growth) *includes acquisition of DoProcess*
Most of their acquisitions are being integrated earlier than expected
Adj. EBITDA $200M (below)
$DND $DND.TO
Managements goal:
They are focused on dominating the legal and real-state tech platform markets within Canada, the UK & Australia.
Hence, the strategy is to continue:
- Acquisitions to capture competitors
• Broaden and expand customer base
• Innovate platforms
Managements goal:
They are focused on dominating the legal and real-state tech platform markets within Canada, the UK & Australia.
Hence, the strategy is to continue:
- Acquisitions to capture competitors
• Broaden and expand customer base
• Innovate platforms
$DND $DND.TO: My takeaways:
- ✅ I love how they are capturing greater market-share
- ❗️ Lots of shareholder dilutions (announced Bought Offering today)
- Q: Don't know how much acquisitions contributed to top-line
I am long shares, but hoping they reschedule the earnings call
- ✅ I love how they are capturing greater market-share
- ❗️ Lots of shareholder dilutions (announced Bought Offering today)
- Q: Don't know how much acquisitions contributed to top-line
I am long shares, but hoping they reschedule the earnings call
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