D-BOX Technologies’ Fourth Quarter Caps Record Year for Revenue and Net Profit
Retrieved on:
Thursday, May 30, 2024
MONTREAL, May 30, 2024 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the "Corporation") (TSX: DBO) a world leader in haptic and immersive experiences, today reported financial results for the fourth quarter and fiscal year ended March 31, 2024. All dollar amounts are expressed in Canadian currency.
Key Points:
- There were 31 net new screen installations in the quarter, bringing the total number of active D-BOX screens to 929 at quarter end.
- Gross profit excluding amortization decreased to $5.0 million from $5.2 million for the same period in the previous year.
- Net profit was $620 thousand compared to a loss of $115 thousand a year earlier.
- During the presentation, management will discuss the Corporation’s fourth quarter and year end results and outlook.