RDM Corporation provides remote deposit capture (RDC) and desktop remittance processing solutions in the United States and internationally. It offers software and hardware solutions, including Web-based and mobile RDC for large corporate clients and small businesses, and transactional data management, as well as manufactures a range of digital imaging scanners. The company’s payment processing solutions comprise remote deposit capture through mobile, Web, and point of sale applications; remittance processing; image cash letter; data management; and professional services. Its digital imaging solutions consist of check scanners, all-in-one payment terminals, and MICR and image quality control ...
4-608 Weber Street North
Waterloo, ON N2V 1K4
Founded in 1987
RDM Corporation Declares Dividend, Payable on September 5, 2014
Jul 24 14
The Board of Directors of RDM Corporation declared a dividend of $0.01 per share is payable on September 5, 2014, to shareholders of record on August 22, 2014. Pursuant to the rules of the TSX, the Ex-Dividend date will be August 20, 2014. The dividends to be paid on September 5, 2014 are designated as eligible dividends for the purpose of section 89 of the Income Tax Act (Canada).
RDM Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended June 30, 2014
Jul 24 14
RDM Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2014. For the quarter, the company’s revenue was $5,568,000 against $6,085,000 a year ago. Income from operations was $717,000 against $744,000 a year ago. Income before income taxes was $559,000 against loss of $1,503,000 a year ago. Income was $535,000 or $0.03 per basic and diluted share against loss of $1,540,000 or $0.07 per basic and diluted share a year ago. Adjusted EBITDA was $1,093,000 compared to $1,147,000 a year ago. $600,000 was spent on capital expenditures, including $316,000 in capital expenditures related to the move to the company's new office premises.
For the nine months, the company’s revenue was $16,504,000 against $16,254,000 a year ago. Income from operations was $2,086,000 against $1,400,000 a year ago. Income before income taxes was $2,039,000 against loss of $1,044,000 a year ago. Income was $1,967,000 or $0.09 per basic and diluted share against loss of $1,156,000 or $0.05 per basic and diluted share a year ago. Net cash provided by operations was $1,325,000 against profit of $1,231,000 a year ago. Purchase of furniture and equipment was $1,278,000 against profit of $1,049,000 a year ago. Additions to intangible assets were $537,000 against $25,000 a year ago. Adjusted EBITDA was $3,107,000 compared to $2,453,000 a year ago.
RDM Corporation to Report Q3, 2014 Results on Jul 24, 2014
Jul 17 14
RDM Corporation announced that they will report Q3, 2014 results at 9:00 AM, Eastern Standard Time on Jul 24, 2014