18 November 2020
DataMakes a $8.6 million Profit VS $10 million loss last year
BRAMPTON—
Canada's fourth largest printer
Canada's fourth largest printer
 DATA Communications Management  announced its financial results for the three and nine months ended September 30, 2020. Net income was $8.6 million compared with a net loss of $10.0 million in the first three quarters of 2019. Revenues during the first three quarters of 2020 were $198.7 million compared with $211.4 million in the first three quarters of 2019, a decrease of $12.7 million or 6.0%.
Data head office in Brampton , one of only a handful  public  printing companys
Data head office in Brampton , one of only a handful public printing companies
Gross profit increased to $57.9 million, up 12.0%, or $6.2 million, compared to the first three quarters of 2019 and gross margin improved to 29.2% from 24.5% in the first three quarters of 2019. Cost of sales of $140.8 million, compared with $159.7 million. The conversion of “bill as released”, or “BAR”, clients to bill and hold warehousing arrangements has to date resulted in the receipt of almost $12 million in client payments. 
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