Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
The latest update is out from D-Box Tech Inc. A ( (TSE:DBO) ).
D-BOX Technologies reported record revenues of $13.3 million for the third quarter of fiscal 2025, marking a 65% increase over the previous year. The company’s financial performance was bolstered by significant growth in system sales within entertainment markets, such as theatrical and sim racing, and a notable rise in royalties driven by major theatrical customers and blockbuster releases. The company’s strategic focus on cost efficiency and operational optimization has resulted in a net profit of $1.5 million and reduced long-term debt by nearly $1 million. The favorable currency exchange rates also contributed positively to the results, though the company remains cautious about potential impacts from U.S.-Canada tariffs.
More about D-Box Tech Inc. A
D-BOX Technologies Inc. is a leading company in the haptic and immersive experiences industry, focusing on providing system sales primarily within entertainment markets such as theatrical and sim racing, as well as simulation and training sectors. The company is known for its unique intellectual property and platforms, targeting commercial markets that align with these strengths.
YTD Price Performance: -3.33%
Average Trading Volume: 222,751
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$31.06M
For an in-depth examination of DBO stock, go to TipRanks’ Stock Analysis page.
