Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Dye & Durham Limited (T:DND)

Business Focus: Application Software

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