Document Security Systems, Inc. (A:DSS)

Business Focus: System Software

Sector:  Technology Industry:  Software
See Regulatory Filings on SEC
Company Contact
Address: 200 Canal View Blvd Ste 300
ROCHESTER NY 14623-2851
Tel: 1-949-5743860
IR: See website
Key People
Heng Fai Chan
Chairman of the Board
Frank D. Heuszel
Chief Executive Officer, Interim Chief Financial Officer, Director
Vincent Lum
President - DSS Asia
Business Overview
Document Security Systems, Inc. (DSS) is a developer and marketer of secure technologies. The Company specializes in fraud and counterfeit protection for various forms of printed documents and digital information. The Company operates through four segments: DSS Packaging and Printing Group, DSS Plastics Group, DSS Digital Group, and DSS Technology Management. The Company has optical deterrent technologies that provide protection of printed information from unauthorized scanning and copying. It operates over two production facilities, consisting of a combined security printing and packaging facility, and a plastic card facility, where it produces secure and non-secure documents for customers. It licenses anti-counterfeiting technologies to printers and brand-owners.
Financial Overview
For the three months ended 31 March 2019, Document Security Systems, Inc. revenues increased 10% to $4.8M. Net loss increased 11% to $450K. Revenues reflect Printed products increase of 11% to $4.4M. Higher net loss reflects Interest income decrease of 46% to $2K (income). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.02 to -$0.03.
Employees: 106 as of Mar 1, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $9.58M as of Mar 31, 2019
Annual revenue (TTM): $18.95M as of Mar 31, 2019
EBITDA (TTM): -$0.57M as of Mar 31, 2019
Net annual income (TTM): $1.42M as of Mar 31, 2019
Free cash flow (TTM): -$3.68M as of Mar 31, 2019
Net Debt Last Fiscal Year: $1.04M as of Mar 31, 2019
Shares outstanding: 18,002,721 as of May 14, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization