A Brief History of Issuer Direct Corporation (ISDR)

Company Formation

Issuer Direct Corporation was founded in 1988, originally under the name Issuer Direct Corporation and is headquartered in Raleigh, North Carolina.

Initial Focus and Growth

The company began by offering a variety of compliance and communication solutions for public companies, particularly focusing on the dissemination of corporate information. By the early 2000s, Issuer Direct expanded its services to include IR websites, press releases, and financial filings.

Public Offering

On June 15, 2015, Issuer Direct Corporation went public, trading on the NYSE American under the ticker symbol ISDR.

Recent Financial Performance

In 2022, Issuer Direct reported a revenue of approximately $10.3 million, with a net income of around $1.1 million. The financial performance has shown a steady growth trajectory over the years.

Acquisitions

In 2019, Issuer Direct acquired RedChip Companies, Inc., expanding their reach in investor relations. This acquisition was valued at approximately $1.5 million.

Service Offerings

Issuer Direct specializes in multiple service areas including:

• Corporate communications
• Investor relations
• Regulatory compliance
• Shareholder services

Stock Performance

As of October 5, 2023, ISDR shares are trading at approximately $7.50.

Employee Base

Issuer Direct employs around 50 individuals, contributing to a workplace focused on customer success and innovation.

Table of Financial Data

Industry Position

Issuer Direct operates within the investor relations and corporate communications sector, competing with companies like Broadridge Financial Solutions and Mackenzie Financial.

Future Outlook

The company anticipates continued growth driven by increasing demand for regulatory compliance and investor communication solutions.

A Who Owns Issuer Direct Corporation (ISDR)

Shareholder Composition

Issuer Direct Corporation (ISDR) has a diversified shareholder composition, comprising institutional investors, individual shareholders, and insiders. As of October 2023, the following table outlines the major shareholders by percentage ownership:

Institutional Investors

Key institutional investors play a significant role in the ownership structure of Issuer Direct Corporation. These investors typically hold a substantial percentage of the shares, providing financial stability and potential influence over company decisions. Below is a detailed overview of the top institutional shareholders:

Insider Ownership

Insider ownership also constitutes a significant portion of Issuer Direct's equity structure. Insiders generally include executives, board members, and key employees. The following table presents the insider ownership details:

Recent Stock Performance

The stock performance of Issuer Direct Corporation reflects its market response and investor sentiment. The following table summarizes the recent financial performance:

Analyst Ratings

Analyst ratings can also provide insight into the investor outlook for Issuer Direct Corporation. Below is a summary of the latest analyst ratings:

Issuer Direct Corporation (ISDR) Mission Statement

Issuer Direct Corporation’s mission is to provide a comprehensive and integrated technology platform that enhances the financial communications and compliance experience for public and private corporations. The company focuses on delivering innovative, efficient, and user-friendly solutions that drive engagement and transparency between businesses and their stakeholders.

Core Values

The core values guiding Issuer Direct Corporation include:

• Integrity: Adhering to the highest ethical standards in all interactions.
• Innovation: Continuously improving and evolving products and services.
• Customer Focus: Placing clients at the forefront of decision-making.
• Accountability: Taking responsibility for actions and outcomes.

Strategic Objectives

Issuer Direct’s strategic objectives are to:

• Expand market share in the financial compliance sector.
• Enhance product offerings through technological advancements.
• Maintain high levels of customer satisfaction and retention.
• Achieve sustainable revenue growth year-over-year.

Recent Financial Performance

As of the most recent financial statements:

Market Position and Competitors

Issuer Direct Corporation positions itself as a leader in the compliance and financial communications industry. Key competitors include:

• IntraLinks Holdings, Inc.
• SS&C Technologies Holdings, Inc.
• Computershare Limited

Technology and Innovations

The company invests significantly in technology development to enhance its user interfaces and overall service offerings. Key innovations include:

• Integration of AI in regulatory filings.
• Enhanced data analytics for investor relations.
• Real-time reporting tools for corporate governance.

Client Base

Issuer Direct serves a diverse array of clients, including:

• Publicly traded companies
• Private companies seeking to go public
• Investment firms and broker-dealers

Community Engagement and Responsibility

The company is committed to community engagement through:

• Financial literacy programs.
• Partnerships with local nonprofits.
• Employee volunteer initiatives.

Outlook and Future Goals

Looking forward, Issuer Direct aims to:

• Increase revenue by at least 15% annually.
• Launch two new product offerings in the next fiscal year.
• Enhance client support by improving response times by 20%.

How Issuer Direct Corporation (ISDR) Works

Company Overview

Issuer Direct Corporation (ISDR) provides a range of services primarily focused on compliance and communication for public companies. The company specializes in solutions pertaining to regulatory compliance, investor relations, and corporate governance.

Service Offerings

ISDR operates several key service lines that facilitate corporate communication:

• Regulatory Compliance Management
• Investor Relations Solutions
• Shareholder Engagement Tools
• Financial Data Management
• Capital Markets Services

Financial Performance

As of the second quarter of 2023, Issuer Direct Corporation reported the following financial metrics:

Client Base

ISDR serves a diverse array of clients, including:

• Publicly traded companies
• Private companies preparing for IPO
• Investment firms
• Shareholder advocacy groups

Technological Integration

Issuer Direct leverages technology in its operations:

• Cloud-Based Solutions
• Data Analytics Tools for Investor Insights
• Automated Compliance Reporting Systems
• Integrated Communication Platforms

Recent Growth Initiatives

Recent statistics showcase the company's expansion strategies:

Email and Corporate Communication

Issuer Direct emphasizes communication, managing:

• Press Releases
• Annual Reports
• Shareholder Notifications

Competitive Positioning

ISDR's competitive edge is reflected in key industry metrics:

Future Outlook

For the next fiscal year, Issuer Direct Corporation's projections are as follows:

• Revenue Growth: 15%
• Cost Reduction Strategies: 10%
• Client Base Expansion: 200 new clients

How Issuer Direct Corporation (ISDR) Makes Money

Overview of Revenue Streams

Issuer Direct Corporation primarily generates revenue through a combination of the following sectors:

• Compliance and Disclosure Solutions
• Digital Media Solutions
• Print Solutions
• Investor Relations Solutions

Compliance and Disclosure Solutions

The Compliance and Disclosure Solutions segment provides technology and services designed to assist public companies in meeting their regulatory obligations. In 2022, this segment reported revenues of approximately $14.87 million, representing a growth of 21% from the previous year.

Digital Media Solutions

This segment includes services related to website hosting, ESG (environmental, social, and governance) reporting, and virtual events. In 2022, Issuer Direct recorded revenues of $8.92 million from Digital Media Solutions, marking a 15% increase compared to 2021.

Print Solutions

Print Solutions encompasses services for corporate communications, including the production of printed materials. Revenue from this segment for 2022 was $6.04 million, with a 8% increase from the previous year.

Investor Relations Solutions

The Investor Relations Solutions segment focuses on providing tools and platforms for investor engagement, including analytics and communications. In 2022, the revenue from this segment stood at $7.45 million, reflecting a 12% growth rate over the previous year.

Overall Financial Performance

For the fiscal year 2022, Issuer Direct Corporation reported a total revenue of $37.28 million, an increase of 14% from $32.68 million in 2021. The consolidated net income for 2022 stood at $4.2 million, reflecting a net margin of approximately 11.3%.