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DCS Announces Q3 2025 Quarterly Financial Statements
Newsfile· 2025-12-01 13:30
Financial Performance - Direct Communication Solutions, Inc. (DCS) reported Q3'2025 revenues of USD $2.0 million, an increase of 28% year over year compared to USD $1.6 million in Q2'2024 [1] - For the nine months ending September 2025, revenues reached USD $7.2 million, up 47% from USD $4.9 million in 2024 [1] - Q3'2025 gross profit was USD $0.8 million, representing a 39% increase from USD $0.6 million in Q3'2024 [2] - The nine months gross profit ending September 2025 was reported at USD $2.6 million, a 42% increase from USD $1.8 million in 2024 [2] Management Changes - On September 4th, 2025, DCS appointed Ms. Ying Xu as Interim Chief Financial Officer [3] - Ying Xu has over 16 years of experience in audit, mergers and acquisitions, and executive advisory, focusing on Canadian and US public companies [4] - On September 29th, 2025, Mr. Mike Zhou was appointed as a member of the Board of Directors [5] - Mike Zhou has extensive experience in capital markets, international business strategy, and management consulting, with a background in information technology and financial services [6] Company Overview - DCS is a technology solutions integrator specializing in the Internet of Things (IoT), providing software applications and scalable cloud services [8] - The company is headquartered in San Diego, California, and is publicly traded on the Canadian Securities Exchange (DCSI) and Frankfurt Stock Exchange (7QU) [8]