From GlobeNewswire: 2025-02-12 17:05:00

D-BOX Technologies Inc. reported record total revenues of $13.3 million in Q3 fiscal 2025, a 65% increase from Q3 2024. Adjusted EBITDA was $2.6 million with a net profit of $1.5 million. The company paid down close to $1 million in long-term debt, strengthening its financial flexibility.

In Q3 2025, D-BOX saw record revenues of $13.3 million, up 65% from the prior year. System sales in the Entertainment market reached $8.2 million, a significant increase. The company also surpassed 1,000 screens and earned $3.2 million in royalties. Strong results were driven by system sales growth and industry recovery.

D-BOX generated a gross profit of $6.7 million in Q3 2025, up $3.0 million from the previous year. Operating expenses increased by 26% to $5.0 million, resulting in an operating income of $1.6 million. Adjusted EBITDA was $2.6 million, leading to a net profit of $1.5 million. The company also reduced long-term debt by $0.9 million.

For the nine months ended December 31, 2024, D-BOX reported total revenues of $34.2 million, a 16% increase. System sales grew by 23%, while royalties rose by 34%. Gross margin increased to 52%, and net profit reached $3.3 million. Cash flows from operating activities totaled $5.4 million, reflecting higher net profit.

D-BOX will hold a video investor presentation on February 14, 2025, discussing its Q3 results. The company’s non-IFRS financial performance measures include EBITDA, total debt, net debt, and adjusted EBITDA. These measures provide valuable insights into the company’s financial position and performance. Investors can access the presentation on the company’s website.

CEO Sebastien Mailhot emphasized D-BOX’s strong performance, driven by strategic execution and focus on key markets. The company’s innovative approach to immersive experiences has led to significant revenue growth and profitability. With a solid balance sheet and liquidity position, D-BOX is well-positioned for future growth and strategic initiatives.



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