From GlobeNewswire: 2025-06-10 18:00:00

D-BOX Technologies Inc. reported record total revenues of $42.8 million for fiscal year 2025, up 8% from the previous year. Their net profit increased by 254% to $3.9 million, with cash flow from operating activities reaching $7.3 million and liquidity at approximately $16 million as of March 31, 2025.

In the fourth quarter of 2025, D-BOX saw total revenues of $8.6 million, a 15% decrease from Q4 2024. However, royalties were up 5% to $2.2 million. Adjusted EBITDA margin reached 18%, an increase of 12 percentage points from the previous year, with a net profit of $0.7 million.

The Board announced the appointment of Naveen Prasad as Interim CEO, effective June 10, following the departure of Sébastien Mailhot. Mailhot expressed pride in the company’s growth and profitability over the past five years and is confident in Prasad’s ability to drive strategic growth for D-BOX.

D-BOX closed fiscal 2025 with $7.3 million in operating cash flow, low-cost total debt of $1.2 million, and available liquidity of approximately $16 million. The company emphasized the importance of assessing performance on a trailing twelve-month basis due to the variability of quarterly sales.

D-BOX reported record total revenues of $42.8 million for fiscal year 2025, an 8% increase from the previous year. Royalties accounted for $11 million, a 27% increase from fiscal year 2024. Adjusted EBITDA totaled $7.3 million, with a margin of 18%, reflecting prudent cost control measures.



Read more at GlobeNewswire:: D-BOX Reports Record Full-Year Revenue and Profitability