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.

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.

Disclaimer: Ciscom Corp. is an advertorial member of InvestorNews Inc.

#Ciscom #AdTech #MarTech

Тэги:

#investornews #investor.news #investor_news #investing_news #investor.coffee #investorcoffee #investor_coffee #investor_intelligence #investorintel #investing #stocks #stock_news #stockmarket #stock_market #capital_markets #investments #equities #AdTech #advertising #advertising_technology #Ciscom #ICT #ICT_sector #information_technology #Investor_News #Market_Focus_Direct #marketing #marketing_technology #MarTech #Michel_Pepin #Prospect_Media_Group #tracy_HUghes

Скачать видео