Sector: Technology | Industry: Software |
Company Contact | |
Address: | 25 York Street; Suite 1100 Toronto ON M5J 2V5 |
Tel: | 1-416-5261563 |
Website: | https://dyedurham.com |
IR: | See website |
Key People | ||
Matthew Proud Global Chief Executive Officer, Director | Frank di Liso Chief Financial Officer | Martha Vallance Chief Operating Officer |
Charlie Maccready Executive Vice President, Chief Legal Officer | John Sulja Chief Information Officer | Wojtek Dabrowski Chief Communications Officer |
Business Overview |
Dye & Durham Limited is a Canada-based provider of practice management solutions. The Company offers cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The Company provides critical workflow software and information services, which clients use to manage their process, information and regulatory requirements. The Company has three geographic segments, being Canada, United Kingdom and Ireland, and Australia. Its solutions include practice management, data insights and due diligence and payment infrastructure. It has operations in Canada, the United Kingdom, Ireland, Australia and South Africa. The Company serves a large customer base of over 60,000 legal firms, financial service institutions and government organizations. Its subsidiaries include Dye & Durham Corporation, Dye & Durham (UK) Limited, Dye & Durham (UK) Holdings Limited, Dye & Durham Australia Pty Limited and GlobalX Information Pty Ltd. |
Financial Overview |
For the nine months ended 31 March 2024, Dye & Durham Ltd revenues increased 2% to C$337.6M. Net loss decreased 14% to C$70.2M. Revenues reflect Canada segment increase of 4% to C$196.5M. Lower net loss reflects Restructuring decrease of 66% to C$2.9M (expense), Change in fair value of convertible debe increase from C$4.2M (expense) to C$936K (income). Dividend per share remained flat at C$0.06. |
Employees: | 1,159 as of Jun 30, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $2,234M as of Mar 31, 2024 |
Annual revenue (TTM): | $457.77M as of Mar 31, 2024 |
EBITDA (TTM): | $224.74M as of Mar 31, 2024 |
Net annual income (TTM): | -$159.34M as of Mar 31, 2024 |
Free cash flow (TTM): | $128.61M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $1,257M as of Mar 31, 2024 |
Shares outstanding: | 66,887,879 as of Apr 9, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |