A quick recap of what was said in the last earnings report.
////
DCT's financial position remains strong, with no debt, working capital in excess of $5.6 million in Q1 2012 versus $4.6 million in Q1 2011, and available borrowing capacity of $2.0 million. This is the Company's 10th consecutive same quarter year-over-year increase in revenues.
"Following record sales in 2011, DCT has once again posted gains year-over-year in revenue, gross profit, EBITDA and working capital," said David P. Clark, Chief Executive Officer of Document Capture. "The first quarter was a solid start to 2012 and has allowed us to continue our commitment to developing and expanding our product line and maintaining our industry-leading position in the market place. DCT has reached a point where we can substantially maintain our cost and fixed overhead, while continuing our growth, which we expect will in turn dramatically increase our bottom line in future quarters."
