We provide quality graphic design, bindery, offset, colour digital printing, direct mail and other commercial printing and marketing solutions to companies in several Midwestern states. For nearly five decades we have operated for the benefit of our clients in this ever-changing industry.
As the number of competitors consolidated, we sought to assume a bigger role in our client’s overall communication strategies relative to other commercial printers by offering graphic design services and becoming more involved in our clients’ marketing programs such as direct mail campaigns. As a smaller printer with digital printing capabilities, we offer order flexibility, optimized stock handling, and minimization of time-to-market for printed content.
By deepening our relationships with our clients, we have been able to survive difficult economic times and generate consistent results. For the five years ended December 31, 2019, our revenue was as high as $995,000 and as low as $876,000, a very tight range given industry conditions, and averaged $950,000. Similarly, over that period our sellers’ discretionary earnings were as high as $185,000 and as low as $128,000 and averaged $166,000. Our SDE margin was as high as 18.7% and as low as 14.2% and averaged 17.4%.
The COVID-19 pandemic delayed corporate spending on messaging, and our results suffered. For the year ended December 31, 2020, our revenue and SDE fell to $485,000 and approximately $0, respectively. Based upon our internal results through June 30, 2023, however, we expect our revenue and SDE for the year ending December 31, 2023, to return to pre-pandemic levels of more than $800,000 and $125,000, respectively.
