Latest news with #DMDC
Mid East Info
16-05-2025
- Business
- Mid East Info
Design and construction leader DMDC announces partnership with OCTA Properties for three unique mansions - Middle East Business News and Information
With both companies merging their expertise, this collaboration marks a bold step forward in delivering visionary developments Dubai, UAE: Premium Dubai-based design and construction company DMDC is pleased to announce a new partnership with OCTA Developments—the real estate development arm of OCTA Properties—in a joint venture to elevate industry standards across the region. In an exciting first step, DMDC and OCTA Properties are joining forces to design, develop, and build three ultra-luxurious villas in Emerald Hills, at the heart of Dubai Hills Estate. These one-of-a-kind mansions, each a statement of elegance and sophistication, will range in size from 12,000 sq. ft to 24,000 sq. ft. One of the three plots is a rare double plot, where a sprawling 24,000 sq. ft mansion will take shape. ' We are excited to merge our industry expertise with DMDC's commitment to quality and precision,' said Fawaz Sous, CEO of OCTA Properties. ' As this partnership unfolds, we remain committed to innovation, quality, and a shared vision of creating landmark residences that bring a fresh sense of sophistication.' DMDC, renowned for its superior craftsmanship and impeccable interiors, will lead the design and fit-out of each project. Meanwhile, OCTA Developments will bring its wealth of experience in real estate development and project marketing. This synergy between development expertise and construction excellence ensures every home is executed with unparalleled standards. 'In these projects, our team has carefully combined form, functionality and design, all while maintaining the meticulous attention to detail that DMDC is known for,' expressed Raji Daou, Managing Director at DMDC. 'We have created spaces for relaxation and entertainment including spas, saunas, cinema rooms, and plenty of leisure facilities. These tailored properties will undoubtedly stand out in today's market.' The company is also on the verge of completing two flagship projects in Arabian Ranches, further showcasing its growing footprint in Dubai's real estate landscape. Beyond residential endeavours, DMDC has transformed many commercial spaces in the emirate—including the OCTA Properties headquarters in Dubai Hills Business Park. Since its inception in 2021, DMDC has evolved into a team of over 700 highly skilled professionals dedicated to transforming residential, office, and retail spaces into environments that inspire. By merging cutting-edge technology, creativity, craftsmanship, and sustainable building practices, they deliver tailored solutions with uncompromising quality. Meanwhile, OCTA Properties has built a well-established reputation for successfully overseeing numerous branded projects with global brands such as Marriott, Elie Saab, Missoni and most Mouawad as their global Franchisee for real estate projects. Building on this success, the company is now venturing into real estate development with the launch of its first residential development, OCTA Isle Interiors by Missoni. About DMDC: Founded in 2021, DMDC is a premier Dubai-based design and construction company committed to transforming residential, office, and retail spaces into environments that inspire. With a vision rooted in craftsmanship, innovation, and sustainable building practices, DMDC delivers tailored solutions that embody quality and sophistication. At DMDC, every project is a statement of excellence. Whether designing luxurious residences, dynamic office spaces, or immersive retail environments, the company's approach is defined by meticulous attention to detail and a deep understanding of clients' aspirations. With a team of over 700 highly skilled professionals, DMDC seamlessly manages, develops, and delivers high-end residential and commercial projects. The company has successfully designed and executed more than 350 architectural projects, showcasing a relentless dedication to craftsmanship. Its portfolio includes over 400 interior design projects, each exemplifying elegance, precision, and innovation. About OCTA Properties: With over two decades of experience among Dubai's leading developers and backed by a team with a wealth of experience and a tremendous network in the real estate sector, OCTA Properties was born. As the premier development management firm in the industry, OCTA offers developer management services with advanced leading solutions with a focus on 'exclusive branded residences' for property development and the investment sector aiming to minimise risk, increaseefficiency, and maximise profitability. OCTA is a key connector in the real estate industry, linking developers with real estate agencies and executing effective sales and marketing strategies. As a master agency, OCTA manages sales transactions and ensures developers diversify their sales channels. Developers can seamlessly integrate OCTA as a comprehensive solution for all their sales, operations, and marketing needs.
Zawya
16-05-2025
- Business
- Zawya
Design and construction leader DMDC announces partnership with OCTA Properties for three unique mansions
Dubai, UAE: Premium Dubai-based design and construction company DMDC is pleased to announce a new partnership with OCTA Developments—the real estate development arm of OCTA Properties—in a joint venture to elevate industry standards across the region. In an exciting first step, DMDC and OCTA Properties are joining forces to design, develop, and build three ultra-luxurious villas in Emerald Hills, at the heart of Dubai Hills Estate. These one-of-a-kind mansions, each a statement of elegance and sophistication, will range in size from 12,000 sq. ft to 24,000 sq. ft. One of the three plots is a rare double plot, where a sprawling 24,000 sq. ft mansion will take shape. 'We are excited to merge our industry expertise with DMDC's commitment to quality and precision,' said Fawaz Sous, CEO of OCTA Properties. 'As this partnership unfolds, we remain committed to innovation, quality, and a shared vision of creating landmark residences that bring a fresh sense of sophistication.' DMDC, renowned for its superior craftsmanship and impeccable interiors, will lead the design and fit-out of each project. Meanwhile, OCTA Developments will bring its wealth of experience in real estate development and project marketing. This synergy between development expertise and construction excellence ensures every home is executed with unparalleled standards. 'In these projects, our team has carefully combined form, functionality and design, all while maintaining the meticulous attention to detail that DMDC is known for,' expressed Raji Daou, Managing Director at DMDC. "We have created spaces for relaxation and entertainment including spas, saunas, cinema rooms, and plenty of leisure facilities. These tailored properties will undoubtedly stand out in today's market.' The company is also on the verge of completing two flagship projects in Arabian Ranches, further showcasing its growing footprint in Dubai's real estate landscape. Beyond residential endeavours, DMDC has transformed many commercial spaces in the emirate—including the OCTA Properties headquarters in Dubai Hills Business Park. Since its inception in 2021, DMDC has evolved into a team of over 700 highly skilled professionals dedicated to transforming residential, office, and retail spaces into environments that inspire. By merging cutting-edge technology, creativity, craftsmanship, and sustainable building practices, they deliver tailored solutions with uncompromising quality. Meanwhile, OCTA Properties has built a well-established reputation for successfully overseeing numerous branded projects with global brands such as Marriott, Elie Saab, Missoni and most Mouawad as their global Franchisee for real estate projects. Building on this success, the company is now venturing into real estate development with the launch of its first residential development, OCTA Isle Interiors by Missoni. About DMDC Founded in 2021, DMDC is a premier Dubai-based design and construction company committed to transforming residential, office, and retail spaces into environments that inspire. With a vision rooted in craftsmanship, innovation, and sustainable building practices, DMDC delivers tailored solutions that embody quality and sophistication. At DMDC, every project is a statement of excellence. Whether designing luxurious residences, dynamic office spaces, or immersive retail environments, the company's approach is defined by meticulous attention to detail and a deep understanding of clients' aspirations. With a team of over 700 highly skilled professionals, DMDC seamlessly manages, develops, and delivers high-end residential and commercial projects. The company has successfully designed and executed more than 350 architectural projects, showcasing a relentless dedication to craftsmanship. Its portfolio includes over 400 interior design projects, each exemplifying elegance, precision, and innovation.
Yahoo
11-03-2025
- Business
- Yahoo
Telos Corp (TLSRP.PFD) Q4 2024 Earnings Call Highlights: Strong Revenue Growth and Expanding ...
Total Revenue: $26.4 million, up 11% sequentially. Security Solutions Revenue: $21.9 million, 83% of total revenue, up 20% sequentially. Secure Networks Revenue: $4.5 million, 17% of total revenue. GAAP Gross Margin: 40.3%, expanded nearly 600 basis points year over year. Cash Gross Margin: 47%, expanded nearly 900 basis points year over year. Adjusted Operating Expenses: Declined by $2.4 million sequentially. Adjusted EBITDA: Improved from a $4.2 million loss to a $200,000 loss sequentially. Cash Flow from Operations: $10.5 million outflow. Free Cash Flow: $14.8 million outflow. TSA PreCheck Enrollment Centers: Increased from 26 to 218 locations in 2024. First Quarter 2025 Revenue Guidance: $28.2 million to $30.2 million, 7% to 15% sequential growth. First Quarter 2025 Adjusted EBITDA Guidance: Loss of $1.8 million to $800,000. First Quarter 2025 Cash Flow: Expected to be positive. Warning! GuruFocus has detected 3 Warning Signs with Release Date: March 10, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Telos Corp ( delivered fourth quarter revenue near the top end of the guidance range, with total company revenue growing 11% sequentially. Security Solutions revenue grew 20% sequentially, contributing 83% of total company revenue, driven by significant growth in TSA PreCheck enrollments and the Defense Manpower Data Center program. GAAP gross margin expanded nearly 600 basis points year over year to 40.3%, and cash gross margin expanded nearly 900 basis points year over year to 47%, marking the highest quarter since the IPO in 2020. The company successfully expanded its TSA PreCheck program, increasing enrollment centers from 26 to 218 locations in 2024, with plans to reach 500 locations by the end of the year. Telos Corp ( expects positive cash flow from operations and positive free cash flow in the first quarter of 2025, driven by high growth programs and one-time CapEx investments. Secure Networks revenue declined sequentially as expected due to the ramp down of existing programs, contributing only 17% of total company revenue. Cash flow from operations was a $10.5 million outflow, and free cash flow was a $14.8 million outflow, reflecting a short-term buildup of working capital. The company is experiencing delays in the timing of awards from the government on single awards due to a change in administration and uncertainty around near-term priorities. Revenue recognition for the DMDC and DHS programs is impacted by the mix of third-party solutions, leading to a decrease in estimated revenue for these programs in 2025. Despite the positive outlook, the company forecasts an adjusted EBITDA loss of $1.8 million to $800,000 for the first quarter of 2025. Q: With the change in administration, how is Telos adapting to the impact on single award programs? A: John Wood, CEO, explained that while the new administration is generally positive for Telos, there are delays in single awards as the administration reviews opportunities. Telos is focusing on task orders from existing contract vehicles to mitigate this impact. Q: Can you elaborate on the revenue recognition for the DMDC and DHS programs in 2025? A: Mark Bendza, CFO, clarified that the revenue recognition is influenced by the mix of third-party content, which is more software-heavy than hardware. Software revenue may be recognized over a period, affecting first-year revenue recognition. However, cash flow benefits are expected at the time orders are filled, supporting positive cash flow projections for 2025. Q: How should we think about the current TSA PreCheck revenue given the rollout progress? A: Mark Bendza confirmed that the framework for TSA PreCheck revenue is based on the number of enrollment locations. With 218 locations, Telos is progressing towards capturing a significant share of the $200 million market, though full potential will be realized as more locations open. Q: What are the expectations for cash flow in Q1 and the full year 2025? A: Mark Bendza stated that Q1 will benefit from working capital liquidation. For the full year, even at a break-even adjusted EBITDA, Telos expects positive free cash flow due to favorable changes in working capital, with revenue breakeven for free cash flow being lower than for adjusted EBITDA. Q: Can you provide more detail on the cash flow dynamics for 2025? A: Mark Bendza explained that at a break-even adjusted EBITDA, Telos anticipates negative free cash flow of about $8 million before working capital changes. However, working capital improvements should offset this, leading to positive free cash flow for the year. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
