Michel Pepin on Ciscom Corp.’s Strong Q3 Growth and Expanded Acquisition Strategy in ICT Sector
November 4, 2024 — In a recent interview, Michel Pepin, President, CEO, and Director of Ciscom Corp. (CSE: CISC | OTCQB: CISCF), shared insights into the company’s impressive performance and ongoing strategy within the Information and Communication Technology (ICT) sector. Despite challenging market conditions, Ciscom reported substantial growth, driven by strong client relationships and a collaborative approach. “We have a seat at the table,” Pepin explained, emphasizing Ciscom’s active role in its clients’ strategic planning. This involvement, combined with a committed and stable workforce, has enabled Ciscom to maintain high levels of engagement and operational stability. The company reported a revenue increase to $25.9 million in Q3 2024, marking a 20.6% rise compared to the same period in 2023, with a gross profit increase of 13% year-over-year.
Ciscom’s focus on profitable and cash-flow-positive operations is central to its business model, as Pepin highlighted the importance of cash flow in fueling growth without reliance on additional capital raises. He noted that Ciscom generated $1.4 million in positive cash flow from operations in the first nine months of 2024, reflecting effective cost management. This strong financial health allows Ciscom to pursue capital raises strictly for acquisitions that align with its mandate. Ciscom’s acquisition strategy focuses on established, profitable companies in the AdTech and MarTech sectors, with Pepin confirming that Ciscom is strategically positioned to leverage market opportunities for continued expansion.
To access the complete interview, click here
Don’t miss other InvestorNews interviews. Subscribe to the InvestorNews YouTube channel by clicking here
About Ciscom Corp.
Ciscom actively invests in, acquires, and manages market leading companies within the Information and Communication Technology (ICT) sector, with a specialty in AdTech and MarTech, targeting SMEs with proven profitability. This approach allows entrepreneurs to monetize their equity and continue contributing, enhancing shareholder value through acquisitions. As a leader in omni-media, particularly in data-driven marketing, Ciscom, through its subsidiaries, optimizes advertising spend across platforms, ensuring high ROI and customer engagement. Strategic ICT acquisitions bolster service offerings and shareholder value, marking Ciscom as an emergent force in the data driven and technology market. Ciscom became an issuer in June 2023 on the CSE and October 2023 on the OTCQB. Ciscom has two subsidiaries, namely Market Focus Direct and Prospect Media Group.
To learn more about Ciscom Corp., click here
Disclaimer: Ciscom Corp. is an advertorial member of InvestorNews Inc.
This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.
This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.