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DTC - Damstra Holdings

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System

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Damstra are an Australian-based provider of workplace management solutions to multiple industry segments across the globe.

They have operations in Australia, New Zealand, the United States, the United Kingdom and a global operations centre in the Philippines, and had approximately 350 clients across eight countries and over 330,000 registered licences as at 30 June 2019.

Damstra develop, sell and implement integrated hardware and SaaS solutions in industries where compliance and safety is of utmost importance. Their solution assists their clients to better track, manage and protect their employees, contractors and extended workforce, and assists organisations in managing risks associated with workplace safety requirements and regulatory changes.

It is anticipated that DTC will list on the ASX during October 2019.

https://www.damstratechnology.com
 
SaaS triple bagger from March lows, disregarding the spike down weekly hammer low.
Thought I'd seen it somewhere - one of Claude Walker's holdings

All Data Weekly
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and that was about as good as it got, last Oct. A couple of run-ups based on FY20 and corporate activity, but as a small player up against big hitters, it may be hard to get wins. 1H21 was not well received

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Damstra (DTC) provides businesses with a cloud-based workplace management platform that tracks, manages, and protects their workers and assets.

Demand for its offering has been growing strongly in recent years and has continued in FY 2021. The acquisition of previously loss-making Vault has come in ahead of expectations, grearter synergy and nil loss of clients. In February, Damstra reported revenue to $13.3 million; a +33% increase in revenue but only +14% increase in costs . Margins are very healthy at 70%
 
Dona Ferentes said:
Damstra (DTC) provides businesses with a cloud-based workplace management platform that tracks, manages, and protects their workers and assets.

Demand for its offering has been growing strongly in recent years and has continued in FY 2021. The acquisition of previously loss-making Vault has come in ahead of expectations, grearter synergy and nil loss of clients. In February, Damstra reported revenue to $13.3 million; a +33% increase in revenue but only +14% increase in costs . Margins are very healthy at 70%
Click to expand...
why the lack of love?
 
quarterly out. Lifting in most metrics.

Financial Highlights
• Strong quarterly performance revenue of $6.9m, up 66% on (PCP)
• Highest ever monthly revenue in March 2021
• ARR at 31 March of $33m, up by 98% on (PCP)
• Operating cash receipts of $7.2m for the Quarter
• Record Gross Margin: on a year to date (YTD) basis has now expanded to 81% from 67% (PCP)
• YTD EBITDA Margin of 20%, up from 15.3% (PCP)
• Improve financial flexibility with new $20m debt facility

SP up 6% .... but still have to go out there and get the growth

Other Highlights
• 30 new clients acquired during Q3, taking YTD new clients to 102
• The synergies target from the Vault acquisition of $5.2m has been further upgraded and is now finalised at $6m
• Active user numbers increased by 61% to 689,000 from 427,000 (PCP)
• Enterprise Protection Platform (EPP) positioning received positively by existing and potential clients

Business and Operational Review
Damstra is one of the first companies globally to successfully deliver a technology solution for enterprise-wide protection and safety of organisations. The success of our solution is demonstrated by our expanding geographic footprint: Damstra products are now used in the United Kingdom, Holland, Ghana, Antarctica, Hong Kong, Singapore, Philippines, and the USA, to name a few.

Outlook
Damstra is now forecasting for FY21, revenue of between $28.5 - $30.5m.
 
This is a buy recommendation on Motley Fool. Look at the return when they recommended and they still kept on shouting it as a buy.
Poor investors who previously listended to their BUY call to loose half of their hard earned money.
Thanks to MF who are always shy to accept their failrues in black and whte. Purely psychological game they play with less educated investors .
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Damstra published three news today.
The SP dived down more than 12% already with volume transacted ten times than yesterday's volume
One of the news is about CFO resignation and new CFO with existing CFO to continue until April 22 (6 months notice avoiding any contractual dismissal clause , retirement or just a new job ??) .
The others were some what rosy but only one item in the CEO's presentation.
However market did not like it at all. Mr Damstra holds a significant investment himself . So what is happening on this path ?
Whats your comments folks - opportunity or concealed disappointment . How could Mr Damstra put his money recently then ?

see 3y






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DTC, an Australian-based global provider of integrated workplace management solutions, refers to recent media speculation in relation to receipt of an unsolicited confidential, non-binding and indicative proposal from Accel-KKR. Discussions in relation to this Proposal have concluded.

.... hasn't hurt the SP, short term. LT, I guess the predators thought they could get it for a song. $2.40 peak in Oct 2020; after a plunge , some twenty months later, it got to as low as 7.5c in June 2022. Now 20c.
 
One to keep an eye on, if they can continue to be FCF +'ve and pay down the debt, while not increasing share count, maybe, just maybe might be an investible business in there. Today's 4C was quite encouraging.
One of the contracts I have in my company uses Damstra for the compliance training, its nice software & web interface. I can see why companies use their services.
 
On May 1st, 2024, Damstra Holdings Limited (DTC) was removed from the ASX's Official List in accordance with Listing Rule 17.11, following implementation of the scheme of arrangement between DTC and its shareholders in connection with the acquisition of all the issued capital in DTC by Ideagen (Australia) Cerium BidCo Pty Limited (a wholly owned subsidiary of Ideagen Limited).
 

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