Announcement • Nov 01
Datacolor AG (SWX:DCN) acquired Assets of Illuminati Instrument Corporation Datacolor AG (SWX:DCN) acquired Assets of Illuminati Instrument Corporation on October 31, 2023.
Datacolor AG (SWX:DCN) completed the acquisition of Assets of Illuminati Instrument Corporation on October 31, 2023. Announcement • Oct 18
Dubach Plans to Apply for Delisting of Datacolor Shares from the SIX Swiss Exchange Werner Dubach, the majority shareholder of Datacolor AG has completed his takeover offer for the Swiss colour management solutions provider after securing an interest of 99.31%, according to a statement published on October 16, 2023. Dubach, who initially held 83.74% of Datacolor shares, first disclosed in July plans to acquire the remaining stake, proposing CHF 760 per share. Based on Datacolor’s total number of 168,044 shares, the offer values the company at CHF 126.7 million (USD 140.5 million/EUR 133.3 million). Following the settlement of the offer, Dubach intends to declare the non-tendered shares invalid or to effect a compensation merger. In each case, the remaining public shareholders will receive cash compensation. Dubach also plans to apply for delisting of Datacolor shares from the SIX Swiss Exchange. Announcement • Sep 22
Datacolor Introduces New Spyder Checkr Video Datacolor introduced the Spyder Checkr Video, a cutting-edge color reference tool that works with video vectorscopes, waveform monitors and a variety of professional video editing software solutions to ensure accurate video color and exposure. Spyder Checkr Video offers the ability to quickly and precisely color calibrate one or more camera and lens combinations, ensuring color accuracy at the start of shooting, streamlining the post-production workflow for a seamless video editing experience. When viewed through a vectorscope, the patent pending Spyder Checkr Video Color Pattern Card creates a circular pattern of colors allowing users to see all of the colors being captured - not just primary and secondary hues - at a glance. This precise, nuanced color information is intuitive and easy to understand for both video novices and professionals alike. The Color Pattern Card includes 12 color patches in a unique configuration with a center black, grey and white patch, plus six skin tone tiles. The portable system comes with 5 high-gloss target cards, a 22-step gradient grey-scale card, a solid, neutral grey card for white balance and a focus star card, along with a protective case. The high gloss cards provide for more saturated color, wider color gamut and easier flare identification. The Spyder Checkr Video case is ergonomically designed to fit comfortably in the hand to reduce fatigue and handling errors while shooting, as well as prevent fingers from casting shadows onto the cards. The Spyder Checkr Video can be purchased for $129.99 through Datacolor, Amazon or authorized retailers. Announcement • May 17
Datacolor AG (SWX:DCN) acquired matchmycolor LLC. Datacolor AG (SWX:DCN) signed an agreement to acquire matchmycolor LLC on May 15, 2023. matchmycolor has reported sales of about CHF 3 million in fiscal 2022. matchmycolor team will continue to work from Basel offices. Michael jakobi and judy van de langkruis, owners of matchmycolor, will become part of Datacolor.
Datacolor AG (SWX:DCN) completed the acquisition of matchmycolor LLC on May 16, 2023. Announcement • May 16
Datacolor AG (SWX:DCN) signed an agreement to acquire matchmycolor LLC. Datacolor AG (SWX:DCN) signed an agreement to acquire matchmycolor LLC on May 15, 2023. Reported Earnings • May 07
First half 2023 earnings released: EPS: US$38.36 (vs US$11.71 in 1H 2022) First half 2023 results: EPS: US$38.36 (up from US$11.71 in 1H 2022). Revenue: US$45.4m (up 7.4% from 1H 2022). Net income: US$6.18m (up 223% from 1H 2022). Profit margin: 14% (up from 4.5% in 1H 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 02
Upcoming dividend of CHF20.00 per share Eligible shareholders must have bought the stock before 09 December 2022. Payment date: 13 December 2022. Payout ratio is a comfortable 64% and the cash payout ratio is 87%. Trailing yield: 2.9%. Lower than top quartile of Swiss dividend payers (4.2%). Higher than average of industry peers (2.4%). Reported Earnings • Nov 19
Full year 2022 earnings released: EPS: US$31.81 (vs US$56.07 in FY 2021) Full year 2022 results: EPS: US$31.81 (down from US$56.07 in FY 2021). Revenue: US$87.4m (up 19% from FY 2021). Net income: US$5.17m (down 44% from FY 2021). Profit margin: 5.9% (down from 13% in FY 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. No independent directors (5 non-independent directors). Director Hanno Elbraechter was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • May 08
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down US$5.32m from profit in 1H 2021). Profit margin: (down from 14% in 1H 2021). Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. No independent directors (5 non-independent directors). Director Hanno Elbraechter was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Mar 10
Datacolor Ag Provides Earnings Guidance for the First Half of 2021/22 Datacolor AG provided earnings guidance for the first half of 2021/22. For the period, the company, expects a good development of sales and operating profit. the company expects a negative financial result due to the economic and current political uncertainties. Consequently, despite the positive operating performance, net income will be significantly lower than the exceptionally good prior-year result. Upcoming Dividend • Dec 02
Upcoming dividend of CHF35.00 per share Eligible shareholders must have bought the stock before 09 December 2021. Payment date: 13 December 2021. Trailing yield: 4.6%. Within top quartile of Swiss dividend payers (3.7%). Higher than average of industry peers (1.9%). Reported Earnings • Nov 19
Full year 2021 earnings released: EPS US$56.07 (vs US$3.88 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$73.6m (up 21% from FY 2020). Net income: US$9.25m (up US$9.90m from FY 2020). Profit margin: 13% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • May 08
Datacolor AG Provides Earnings Guidance for the Second Half of Fiscal 2020/21 The Board of Directors and Management of Datacolor AG expected sales and operating profit development in the second half of fiscal 2020/21 within the range of the first half. Is New 90 Day High Low • Mar 04
New 90-day high: CHF595 The company is up 11% from its price of CHF535 on 04 December 2020. The Swiss market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 15% over the same period. Announcement • Jan 20
Datacolor® Introduces High-Efficiency Benchtop Spectrophotometer Series, Spectro 1000/700 Datacolor announced the launch of the Spectro 1000/700 series, a family of close-tolerance benchtop spectrophotometers designed for high efficiency and confidence in color formulation and quality control in a wide range of industries. The new series features the high inter-instrument agreement the company customers have come to rely on, to ensure uniform color assessments across various instruments and multiple locations throughout the supply chain. The systems are designed to increase productivity and improve workflow efficiency through high measurement speeds and seamless backward capability with other the company benchtop instruments. The Spectro 1000/700 family is optimized for the future of color management, featuring internet connectivity for upcoming remote services. Users of the Spectro 1000/700 series will also enjoy greater confidence in their color measurements thanks to its ability to capture the temperature of samples measured. This is an essential new quality control feature for those who work with materials that need be within certain temperature ranges to assure accurate color measurement. Reported Earnings • Nov 20
Full year 2020 earnings released: US$3.88 loss per share The company reported a poor full year result with weaker earnings, revenues and control over expenses. Full year 2020 results: Revenue: US$61.0m (down 23% from FY 2019). Net loss: US$643.0k (down 118% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Nov 19
Datacolor AG to Report Fiscal Year 2021 Results on Oct 27, 2021 Datacolor AG announced that they will report fiscal year 2021 results on Oct 27, 2021 Is New 90 Day High Low • Nov 17
New 90-day high: CHF540 The company is up 3.0% from its price of CHF525 on 19 August 2020. The Swiss market is also up 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Electronic industry, which is down 3.0% over the same period. Is New 90 Day High Low • Oct 21
New 90-day high: CHF535 The company is up 1.0% from its price of CHF530 on 23 July 2020. The Swiss market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is flat over the same period.