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DBO — D-Box Technologies News Story

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Motion technology firm D-BOX Q2 rev jumps on higher royalty revenue

Nov 12 (Reuters) -
Overview

D-BOX Technologies fiscal Q2 revenue grows 33% yr/yr to record C$16.1 mln

Net profit for fiscal Q2 reaches record C$4.5 mln despite restructuring charge

Adjusted EBITDA for fiscal Q2 hits record C$5.6 mln, up 93% yr/yr

Outlook

Company did not provide specific future guidance in the press release

Result Drivers

ROYALTY REVENUE - Co reports 40% yr/yr increase in royalty revenues, outperforming domestic box office decline

SCREEN EXPANSION - Co expands screen footprint by 13.5% yr/yr, reaching 1,084 active screens globally

THEATRICAL SALES - Theatrical system sales rise 62% yr/yr to C$6.4 mln, driven by demand in U.S., Australia, and Latin America

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 EPSC$0.009
Q2 Net IncomeC$4.50 mln
Q2 Adjusted EBITDAC$5.60 mln
Press Release: ID:nGNX4bcH6c For questions concerning the data in this report, contact . For any other questions or feedback, contact .

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