Insider Chart Past 6 Months
Technical Chart
Filings by transaction date
Filings by filing date
News
Biz Brief
Sector: Technology | Industry: IT Services & Consulting |
Company Contact | |
Address: | 1110 - 885 W Georgia St VANCOUVER BC V6C 3E8 |
Tel: | N/A |
Website: | https://www.dsny.com |
IR: | See website |
Key People | ||
Frederick Vandenberg President, Chief Executive Officer, Corporate Secretary, Director | Olya Massalitina Chief Financial Officer |
Business Overview |
Destiny Media Technologies, Inc. develops technologies that enables for the distribution over the Internet of digital media files in either a streaming or digital download format. The Company is engaged in developing and marketing software as a service solution that solves critical digital distribution and promotion problems for businesses in the music industry. Its core business is the Play MPE online platform. Play MPE distributes promotional content, including broadcast quality audio, video, images, promotional information and other digital content from music labels and artists to broadcasting professionals, music curators and music reviewers to discover, download, broadcast and review the content. Play MPE provides several capabilities developed and designed to address the needs of music promoters. Its Play MPE's Caster software includes local distribution functions that provide capabilities for a client to create and schedule release announcements and select its targeted audience. |
Financial Overview |
For the six months ended 29 February 2024, Destiny Media Technologies Inc revenues increased 12% to $2.1M. Net income decreased 53% to $120K. Revenues reflect North America segment increase of 15% to $1.1M, Europe segment increase of 7% to $953K. Net income was offset by Wages and benefits increase of 36% to $577K (expense), Depreciation increase from $34K to $161K (expense). |
Employees: | 35 as of Aug 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $12.10M as of Feb 29, 2024 |
Annual revenue (TTM): | $5.81M as of Feb 29, 2024 |
EBITDA (TTM): | $0.64M as of Feb 29, 2024 |
Net annual income (TTM): | $0.27M as of Feb 29, 2024 |
Free cash flow (TTM): | -$0.14M as of Feb 29, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 9,789,320 as of Apr 16, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |