Daniels Corporate Advisory Company Inc (CE) (DCAC) Quote

May 31, 2021: During the May quarter, our consolidated quarterly results continued to show that Daniels' aim as an incubator for start-up and early stage mini-cap companies continues to be fulfilled Its goals for advising and financing its premier subsidiary in the Transportation Services segment of... May 31, 2021: During the May quarter, our consolidated quarterly results continued to show that Daniels' aim as an incubator for start-up and early stage mini-cap companies continues to be fulfilled Its goals for advising and financing its premier subsidiary in the Transportation Services segment of the Trucking Industry continue to be met and exceeded. Daniels continued to umbrella the Payless expansion through financing sources expensive in nature. Parent Company Management believes the capital costs incurred were warranted and helped produce another stellar quarter for its key growth engine - Payless Truckers, Inc. The May 31, 2021 Quarter - The Payless Truckers Subsidiary had Total Revenues of $1,143,223 for the quarter and Gross Profit of $350,010. Its net profit was $30,000 and its EBITDA $162,000. Gross Margins for both business's continued strong with product demand continuing. The Daniels subsidiary has booked another good quarter and continues on track to close the fiscal year with $4.5 Million in revenue and significant profit potential. For the six months - December 1, 2020 to May 31, 2021 - Payless has Gross Profit of $953,621 and EBITDA of $359,100 on Total Revenue of $2,751,218. Show more