D-BOX Technologies Reports Third Quarter Results – GlobeNewswire

February 14, 2022 by No Comments

  • Total revenues increased to $5.6 million from $3.0 million for the same period last year;
  • Rights for use, rental and maintenance revenues increased 812% from $0.2 million for the same period last year to $2.1 million, driven by the exceptional performance of Spider-Man: No Way Home;
  • Revenues related to systems sales increased 26% from $2.8 million for the same period last year to $3.5 million;
  • Net loss decreased from $2.2 million for the same period last year to $0.3 million;
  • Adjusted EBITDA* improved from $(1.3) million for the same period last year to $0.4 million;
  • Cash and cash equivalents was $5.2 million as at December 31, 2021, compared with $9.1 million as at March 31, 2021.

LONGUEUIL, Quebec, Feb. 14, 2022 (GLOBE NEWSWIRE) — D-BOX Technologies Inc. (“D-BOX” or the “Corporation”) (TSX: DBO) a world leader in haptic and immersive experiences, today announced results for the third quarter of fiscal 2022 ended December 31, 2021. All dollar amounts are expressed in Canadian currency.

<td class="gnw_border_bottom_…….

Source: https://www.globenewswire.com/news-release/2022/02/14/2384192/0/en/D-BOX-Technologies-Reports-Third-Quarter-Results.html

Tags:

Leave a Comment

Your email address will not be published. Required fields are marked *

Third Quarter and Nine-month Period ended December 31
(in thousands of dollars, except per share amounts)
  Third Quarter Nine-month Period
2021   2020   2021   2020  
Revenues 5,578   2,997   14,341