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DBO — D-Box Technologies News Story

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Canada's D-BOX Q3 revenue rises, net income jumps

Overview

Canada haptic tech firm's Q3 revenue rose 4% yr/yr to C$13.8 mln

Net profit reached C$9.1 mln, aided by C$6.4 mln deferred tax benefit

Adjusted EBITDA rose 31% yr/yr, reflecting cost control and efficiency

Outlook

Company plans strategic expansion of operations and customer base

Company emphasizes importance of assessing performance on trailing twelve-month basis

Company sees sustained expansion of screens in U.S., indicating market acceptance

Result Drivers

SCREEN EXPANSION - D-BOX expanded its screen footprint by 12.8% year-over-year, reaching 1,135 active screens, which contributed to revenue growth

THEATRICAL SALES GROWTH - Theatrical system sales increased 21% year-over-year to C$5.8 mln, driven by market acceptance in key regions

ROYALTY REVENUE DECLINE - Royalty revenues fell 3% due to fewer blockbuster releases and lower demand for premium experiences

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueC$13.80 mln
Q3 EPSC$0.04
Q3 Net IncomeC$9.10 mln
Q3 Adjusted EBITDAC$3.40 mln
Press Release: ID:nGNX6bYbPZ For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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