MDS continues to expand and diversify in line with the company’s long-term growth objective.
Investor Updates
Committed to Agility
We focus on providing an unparalleled experience in our customer interactions and a world-class offering that will delight our partners, fulfil our work family, enrich our shareholders and better the communities we serve.
2021-2022 Business REVIEW
There is hardly another word that can better describe our collective power in fiscal year 2021- 2022 than that of “FOCUS”.
We have upped the ante on refining our focus to more clearly identify and better recruit the right human capital in the right positions (and with the ‘right fit’ for the organisation). We have focused on sharpening performance metrics to provide better analysis of our accomplishments and, more importantly, our gaps. We focused on improving the quality of our data for an even more useful analytical process. We have focused on being more deliberate in our transition to a distribution and marketing entity as we delve deeper into the consumer space.
As we become more performance focused, our team’s mindset has rapidly shifted from centering on efforts expended to being results-driven, inherently giving focus to improving shareholder value. It is this company-wide emphasis that has provided singular alignment to guide many of our decisions, one of the major reasons suppliers have made us their distribution home and is the major contributing factor for channelling (and challenging) us to our highest state of growth to date.
Financial Highlights
3.42B
JMD
Revenue
936.46M
JMD
Gross Profit
56%
Profit Increase
1.1B
JMD
Shareholders’ Equity
87.01M
JMD
Increase in Equity
3.42B
Revenue
936.46M
Gross Profit
56%
Profit Increase
1.1B
Shareholders’ Equity
87.01M
Increase in Equity
Results and reports
While COVID-19 radically and rapidly changed how the world does business, it also slowed the usual feverish pace, giving us a rare opportunity to review, reimagine the possibilities and clean our business lens to focus - or refocus our focus - on lesser rabbits but greater outcomes. While being the biggest giant in the industry can be alluring, it is not the rabbit we have decided to pursue. Rather, our hunt is focused on being the best. In furtherance of this outlook, we strengthened our resolve in becoming even closer to our market and understanding what our customers need and value. Through introspection, we have been reminded of our strengths and have been better able to connect this with the business environment and our customers at large with one of our most prized being that of ‘focus’.
