Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CA$1.12, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 13x in the Consumer Durables industry in North America. Total returns to shareholders of 967% over the past three years. Recent Insider Transactions • Jun 10
Independent Director recently bought CA$100k worth of stock On the 9th of June, Lori Vaudry Tersigni bought around 100k shares on-market at roughly CA$1.00 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold CA$6.8m more in shares than they bought in the last 12 months. Reported Earnings • Jun 03
Full year 2026 earnings released: EPS: CA$0.078 (vs CA$0.017 in FY 2025) Full year 2026 results: EPS: CA$0.078 (up from CA$0.017 in FY 2025). Revenue: CA$57.6m (up 35% from FY 2025). Net income: CA$17.4m (up 352% from FY 2025). Profit margin: 30% (up from 9.0% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 116% per year whereas the company’s share price has increased by 112% per year. Announcement • May 29
D-BOX Technologies Inc. to Report Q4, 2026 Results on Jun 02, 2026 D-BOX Technologies Inc. announced that they will report Q4, 2026 results at 5:00 PM, US Eastern Standard Time on Jun 02, 2026 Recent Insider Transactions • Feb 24
Independent Director recently sold CA$2.6m worth of stock On the 20th of February, Daniel Marks sold around 3m shares on-market at roughly CA$0.75 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$5.0m more than they bought in the last 12 months. Recent Insider Transactions • Feb 17
Independent Director recently bought CA$104k worth of stock On the 13th of February, Lori Vaudry Tersigni bought around 130k shares on-market at roughly CA$0.80 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth CA$109k. Despite this recent purchase, insiders have collectively sold CA$2.4m more in shares than they bought in the last 12 months. Reported Earnings • Feb 12
Third quarter 2026 earnings released: EPS: CA$0.041 (vs CA$0.007 in 3Q 2025) Third quarter 2026 results: EPS: CA$0.041 (up from CA$0.007 in 3Q 2025). Revenue: CA$13.8m (up 3.7% from 3Q 2025). Net income: CA$9.06m (up 492% from 3Q 2025). Profit margin: 66% (up from 12% in 3Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 109% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Dec 22
Independent Director recently sold CA$364k worth of stock On the 19th of December, Daniel Marks sold around 395k shares on-market at roughly CA$0.92 per share. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$1.6m. Insiders have been net sellers, collectively disposing of CA$1.9m more than they bought in the last 12 months. Recent Insider Transactions • Dec 10
Independent Director recently bought CA$99k worth of stock On the 9th of December, Lori Vaudry Tersigni bought around 115k shares on-market at roughly CA$0.86 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold CA$1.7m more in shares than they bought in the last 12 months. Announcement • Dec 04
D-Box Technologies Inc. Appoints Scott Sherr as Chief Commercial Officer, Effective from December 3, 2025 D-BOX Technologies Inc. has appointed Scott Sherr as Chief Commercial Officer, reporting directly to the President and Chief Executive Officer and joining the executive leadership team effectivefrom December 3, 2025. Scott Sherr brings more than 30 years of senior executive experience across media, entertainment, and technology, with a background spanning global distribution, strategic partnerships, corporate development, marketing, and immersive content initiatives. He spent over 26 years at Sony Pictures Entertainment, where he led major strategic and operational initiatives that drove Sony’s transition to digital distribution, and played an active role in significant corporate and content licensing projects for the studio. In recent years, he has served as a strategic advisor to several entertainment and technology companies, including Apple, Impact Museums, and Sega of America. As Chief Commercial Officer, Scott Sherr will oversee D-BOX’s global business activities across sales, partnerships, licensing, and marketing. He will work closely with product, technology, and finance teams to support integrated planning across the company’s theatrical, sim racing, and simulation & training customer groups. Scott Sherr holds an MBA from UCLA’s Anderson School and a BA from the University of California at Berkeley. Recent Insider Transactions • Dec 02
President recently bought CA$65k worth of stock On the 28th of November, Naveen Prasad bought around 100k shares on-market at roughly CA$0.65 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Naveen's only on-market trade for the last 12 months. Recent Insider Transactions • Nov 25
Independent Director recently sold CA$1.6m worth of stock On the 21st of November, Daniel Marks sold around 3m shares on-market at roughly CA$0.63 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$1.8m more than they bought in the last 12 months. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: CA$0.02 (vs CA$0.01 in 2Q 2025) Second quarter 2026 results: EPS: CA$0.02 (up from CA$0.01 in 2Q 2025). Revenue: CA$16.1m (up 33% from 2Q 2025). Net income: CA$4.53m (up 113% from 2Q 2025). Profit margin: 28% (up from 18% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 100% per year, which means it is significantly lagging earnings growth. Announcement • Sep 25
D-BOX Technologies Inc. Announces Chairman of the Board Changes, Effective September 24, 2025 D-BOX Technologies Inc. at the meeting of the Board of Directors held immediately following the annual and special meeting of shareholders on September 24, 2025 Brigitte Bourque stepped down as Chair of the Board. The Board then appointed Dave McLurg, a current independent director, to serve as its new Chair, effective immediately on September 24, 2025. Recent Insider Transactions • Sep 17
Independent Director recently sold CA$295k worth of stock On the 12th of September, Daniel Marks sold around 670k shares on-market at roughly CA$0.44 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$214k more than they bought in the last 12 months. Reported Earnings • Aug 15
First quarter 2026 earnings released: EPS: CA$0.009 (vs CA$0.002 loss in 1Q 2025) First quarter 2026 results: EPS: CA$0.009 (up from CA$0.002 loss in 1Q 2025). Revenue: CA$13.0m (up 49% from 1Q 2025). Net income: CA$1.95m (up CA$2.37m from 1Q 2025). Profit margin: 15% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Announcement • Jul 22
D-BOX Technologies Inc., Annual General Meeting, Sep 26, 2025 D-BOX Technologies Inc., Annual General Meeting, Sep 26, 2025. Announcement • Jul 09
D-Box Technologies Inc. Announces Stepping Down of Jean-François Gagnon as Senior Vice President, Effective August 15, 2025 D-BOX Technologies Inc. announced that Jean-François Gagnon, Senior Vice President, will be stepping down from his role effective August 15, 2025. Following his departure, the sales and marketing teams will report directly to Naveen Prasad, Interim Chief Executive Officer for the time being. This transition advances D-BOX’s ongoing efforts to optimize its organizational structure to bring greater alignment and more focused execution to its commercial activities in order to drive future profitable growth. Mr. Gagnon will work closely with the leadership team to ensure a smooth and seamless transition over the coming weeks. Recent Insider Transactions • Jun 28
Independent Director recently bought CA$187k worth of stock On the 27th of June, Dave McLurg bought around 700k shares on-market at roughly CA$0.27 per share. This transaction increased Dave's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$270k more in shares than they have sold in the last 12 months. Reported Earnings • Jun 12
Full year 2025 earnings released: EPS: CA$0.017 (vs CA$0.005 in FY 2024) Full year 2025 results: EPS: CA$0.017 (up from CA$0.005 in FY 2024). Revenue: CA$42.8m (up 8.1% from FY 2024). Net income: CA$3.86m (up 253% from FY 2024). Profit margin: 9.0% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Announcement • Jun 05
D-BOX Technologies Inc. to Report Q4, 2025 Results on Jun 10, 2025 D-BOX Technologies Inc. announced that they will report Q4, 2025 results on Jun 10, 2025 Announcement • Apr 18
D-BOX Technologies Inc. Announces Resignation of Marie-Claude Boisvert as Director D-BOX Technologies Inc. announced that Marie-Claude Boisvert has resigned from the Board of Directors of the Corporation for personal reasons. Ms. Boisvert was elected as director at the Corporation’s annual and special meeting of shareholders in September 2024. The Board of Directors will evaluate its needs and determine the best path forward regarding the composition of the Board. Reported Earnings • Feb 13
Third quarter 2025 earnings released: EPS: CA$0.007 (vs CA$0.002 loss in 3Q 2024) Third quarter 2025 results: EPS: CA$0.007 (up from CA$0.002 loss in 3Q 2024). Revenue: CA$13.3m (up 65% from 3Q 2024). Net income: CA$1.53m (up CA$1.96m from 3Q 2024). Profit margin: 12% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions Derivative • Dec 11
President exercised options to buy CA$130k worth of stock. On the 9th of December, Sebastien Mailhot exercised options to buy 1m shares at a strike price of around CA$0.08, costing a total of CA$80k. This transaction amounted to 56% of their direct individual holding at the time of the trade. Since September 2024, Sebastien's direct individual holding has decreased from 1.88m shares to 855.45k. Company insiders have collectively bought CA$147k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: CA$0.01 (vs CA$0.002 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.01 (up from CA$0.002 in 2Q 2024). Revenue: CA$12.1m (up 12% from 2Q 2024). Net income: CA$2.13m (up 429% from 2Q 2024). Profit margin: 18% (up from 3.7% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 130% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. New Risk • Nov 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (CA$22.0m market cap, or US$15.7m). Announcement • Oct 03
D-BOX Technologies Inc. Announces Resignation of Zrinka Dekic from the Board of Directors D-BOX Technologies Inc. announced that Zrinka Dekic has resigned from the Board of Directors of the Corporation. Her recent appointment at J.P. Morgan unfortunately prevents her from serving on the board of a publicly traded company. Ms. Dekic was appointed as director in December 2021. The Corporation has indicated that it will begin a process to find a replacement for Ms. Dekic. Board Change • Oct 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Marie-Claude Boisvert was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Aug 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (CA$17.6m market cap, or US$12.9m). Announcement • Aug 16
D-BOX Technologies Inc. Announces Board Changes D-BOX Technologies Inc. announced that Denis Chamberland, Louis Bernier, Luc Martin, and Jean-Pierre Trahan have indicated to the Board of Directors that they are not standing for re-election at the Meeting. Reported Earnings • Aug 15
First quarter 2025 earnings released: CA$0.001 loss per share (vs CA$0.002 profit in 1Q 2024) First quarter 2025 results: CA$0.001 loss per share (down from CA$0.002 profit in 1Q 2024). Revenue: CA$8.76m (down 17% from 1Q 2024). Net loss: CA$316.0k (down 164% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Jul 30
Jean-François Gagnon Joins D-BOX Technologies Inc. as Senior Vice President, Effective August 12, 2024 D-BOX Technologies Inc. announced the appointment of Jean-François Gagnon as Senior Vice President. He joins D-BOX's management team and will take up his position as of August 12. With extensive sales expertise in the commercial sector, particularly in the theatrical sector, Mr. Gagnon will be responsible for leading the Corporation's commercial efforts, including developing the sales and partnership strategy for all sectors of activity. He will bring the strategic and operational vision needed for sales to lead D-BOX into its next phase of global growth. Announcement • Jul 23
D-BOX Technologies Inc., Annual General Meeting, Sep 25, 2024 D-BOX Technologies Inc., Annual General Meeting, Sep 25, 2024. New Risk • Jul 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (CA$16.5m market cap, or US$12.1m). Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: CA$0.005 (vs CA$0.004 loss in FY 2023) Full year 2024 results: EPS: CA$0.005 (up from CA$0.004 loss in FY 2023). Revenue: CA$39.6m (up 16% from FY 2023). Net income: CA$1.09m (up CA$2.03m from FY 2023). Profit margin: 2.8% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jun 03
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at CA$0.085. The fair value is estimated to be CA$0.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Apr 12
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at CA$0.085. The fair value is estimated to be CA$0.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Apr 03
D-BOX Technologies Inc. Announces Chief Financial Officer Changes, Effective April 22, 2024 D-BOX Technologies Inc. announced the appointment of Joshua Chandler (CFA, MBA) as Chief Financial Officer of the Corporation, effective April 22, 2024. He will supervise the financial and operational activities of the Company. With extensive leadership expertise spanning over twenty years in corporate development, finance, and at the operational level, Mr. Chandler will bring the strategic and operational vision needed to spearhead D-BOX into its next phase of development. Josh brings a solid background of achievements most recently at Cook it, Aimia, Gildan and Fairstone Bank of Canada. As part of these different experiences, Mr. Chandler has repeatedly demonstrated his leadership and has initiated and deployed transformative strategies to accelerate the value of organizations for stakeholders. Sébastien Mailhot, President and CEO of D-BOX, has been appointed as Interim Chief Financial Officer of the Corporation for the period of March 31, 2024, the effective date of resignation of the former chief financial officer of the Corporation, to April 22, 2024. Buy Or Sell Opportunity • Mar 26
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at CA$0.085. The fair value is estimated to be CA$0.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Mar 11
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.6% to CA$0.085. The fair value is estimated to be CA$0.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Feb 14
Third quarter 2024 earnings released: CA$0.002 loss per share (vs CA$0 in 3Q 2023) Third quarter 2024 results: CA$0.002 loss per share (further deteriorated from CA$0 in 3Q 2023). Revenue: CA$8.08m (down 23% from 3Q 2023). Net loss: CA$425.0k (loss widened 286% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Jan 16
Mr. David Montpetit to Leave D-Box Technologies Inc. as Chief Financial Officer on March 31, 2024 D-BOX Technologies Inc. announced that Mr. David Montpetit, the Corporation’s Chief Financial Officer, will be leaving the Corporation on March 31, 2024. The departure of Mr. Montpetit will take effect on March 31, 2024. He will work closely with Mr. Mailhot during the coming months to ensure an orderly transition of his responsibilities. In the meantime, the Corporation will initiate a process of finding a new Chief Financial Officer. Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: CA$0.002 (vs CA$0 in 1Q 2023) First quarter 2024 results: EPS: CA$0.002 (up from CA$0 in 1Q 2023). Revenue: CA$10.5m (up 48% from 1Q 2023). Net income: CA$496.0k (up CA$467.0k from 1Q 2023). Profit margin: 4.7% (up from 0.4% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Jul 26
D-BOX Technologies Inc., Annual General Meeting, Sep 28, 2023 D-BOX Technologies Inc., Annual General Meeting, Sep 28, 2023. Reported Earnings • Jun 02
Full year 2023 earnings released: CA$0.004 loss per share (vs CA$0.008 loss in FY 2022) Full year 2023 results: CA$0.004 loss per share (improved from CA$0.008 loss in FY 2022). Revenue: CA$34.1m (up 60% from FY 2022). Net loss: CA$937.0k (loss narrowed 50% from FY 2022). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Announcement • May 11
D-BOX Technologies Inc. Announces Executive Changes D-BOX Technologies Inc. announced the nomination of Sbastien Boire-Lavigne as Chief Technology Officer. As an integral part of the management team and reporting to the President and Chief Executive Officer, he will be responsible for the organizations technological needs, engineering and the innovation department. Sbastien is replacing Robert Desautels, who is taking a new role as Vice President, Business Development and Strategic Partnerships. They have been working together since October 2022 to ensure a full transition of technological activities. Sbastien has nearly three decades of experience in international technology management and development. Prior to joining D-BOX, Sbastien served as Chief Operations Officer at Cognibox. Prior to that, he worked for more than 20 years at XMedius Solutions, where he held several positions and was responsible for the development of fax over IP technology, for which he holds several patents. He holds a bachelors degree and a masters degree from Polytechnique Montral and an executive MBA in organizational leadership from Concordia University. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: CA$0 (vs CA$0.002 loss in 3Q 2022) Third quarter 2023 results: EPS: CA$0 (improved from CA$0.002 loss in 3Q 2022). Revenue: CA$10.5m (up 87% from 3Q 2022). Net loss: CA$110.0k (loss narrowed 68% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Zrinka Dekic was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 18
D-BOX Technologies Inc. Launches Latest Generation of Patented Haptic Technology Actuator System D-BOX Technologies Inc. announced the launch of its latest generation of patented haptic technology actuator system. The G5 system is available through trusted network of partners located all over the world. The redesigned actuators now integrate the controller box, saving considerable space and enabling the seamless integration of D-BOX haptic technology in any type of device to produce movement, texture and vibrations. The D-BOX haptic system is the only official haptic technology licenced by the FIA (Fédération Internationale de l’Automobile) and D-BOX is also the Official Haptic Partner of eNASCAR. This latest innovation represents another concrete step towards making haptic technology widely available to all industries and the masses. The new design has already triggered exciting product releases for the coming months and should change the entertainment haptics landscape, both in the commercial and consumer sectors. A revolutionary gaming chair to be released later this year by Cooler Master will feature this unique G5 technology to truly bring mainstream gaming into the haptic era, well beyond a simple controller vibration. G5 leverages everything the industry has come to know and love about D-BOX haptics in a more simple and easier to operate solution. Key improvements include: Actuator redesign with only one small controller box for up to four actuators (previously, two large controller boxes were needed for 4 actuator configurations), saving space and easing integration with any type of device. The actuators are now connected to the controller box using simple RJ45 connections compared to complex, proprietary connections in previous generations. The configuration can be changed from 110V to 230V with a simple flick of a switch, making it more flexible when it comes to solutions that must be adapted to markets in North America and the rest of the world. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: CA$0 (vs CA$0.006 loss in 1Q 2022) First quarter 2023 results: EPS: CA$0 (up from CA$0.006 loss in 1Q 2022). Revenue: CA$7.11m (up 125% from 1Q 2022). Net income: CA$29.0k (up CA$1.37m from 1Q 2022). Profit margin: 0.4% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Jul 01
D-BOX Technologies Inc., Annual General Meeting, Sep 14, 2022 D-BOX Technologies Inc., Annual General Meeting, Sep 14, 2022. Reported Earnings • Jun 04
Full year 2022 earnings released: CA$0.008 loss per share (vs CA$0.035 loss in FY 2021) Full year 2022 results: CA$0.008 loss per share (up from CA$0.035 loss in FY 2021). Revenue: CA$21.3m (up 92% from FY 2021). Net loss: CA$1.87m (loss narrowed 70% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 11% per year. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Zrinka Dekic was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 16
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: CA$0.002 loss per share (up from CA$0.012 loss in 3Q 2021). Revenue: CA$5.58m (up 86% from 3Q 2021). Net loss: CA$340.0k (loss narrowed 85% from 3Q 2021). Revenue missed analyst estimates by 25%. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Feb 15
D-Box Technologies Inc. Announces Impairment Charges for the Third Quarter Ended December 31, 2021 D-BOX Technologies Inc. announced impairment charges for the third quarter ended December 31, 2021. For the quarter, the company reported impairment of property and equipment is CAD 179,000. Reported Earnings • Sep 10
First quarter 2022 earnings released: CA$0.006 loss per share (vs CA$0.005 loss in 1Q 2021) The company reported a solid first quarter result with improved revenues and control over costs, although losses increased. First quarter 2022 results: Revenue: CA$3.16m (up 42% from 1Q 2021). Net loss: CA$1.34m (loss widened 39% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Announcement • Jun 08
D-BOX Technologies Inc. Reports Impairment Charges for the Fourth Quarter Ended March 31, 2021 D-BOX Technologies Inc. reported impairment charges for the fourth quarter ended March 31, 2021. For the quarter, the company announced impairment of property and equipment of CAD 235,000 compared to CAD 765,000 a year ago. Write-offs of property and equipment was CAD 24,000. Reported Earnings • Jun 08
Full year 2021 earnings released: CA$0.035 loss per share (vs CA$0.036 loss in FY 2020) The company reported a poor full year result with weaker revenues, weaker control over costs and no improvement to losses. Full year 2021 results: Revenue: CA$11.1m (down 57% from FY 2020). Net loss: CA$6.19m (flat on FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Mar 06
President recently bought CA$60k worth of stock On the 4th of March, Sebastien Mailhot bought around 462k shares on-market at roughly CA$0.13 per share. This was the largest purchase by an insider in the last 3 months. This was Sebastien's only on-market trade for the last 12 months. Announcement • Mar 05
D-BOX Technologies Inc. has completed a Composite Units Offering in the amount of CAD 5.005 million. D-BOX Technologies Inc. has completed a Composite Units Offering in the amount of CAD 5.005 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Price\Range: CAD 0.13
Discount Per Security: CAD 0.008
Security Name: Units
Security Type: Common Stock
Price\Range: CAD 0.13
Discount Per Security: CAD 0.0039 Announcement • Feb 13
D-Box Technologies and Simtag Are Reinventing the Virtual Sim Racing Experience D-BOX Technologies Inc. has entered into an agreement with SIMTAG BV, an innovator in developing and building simulators and accessories for Sim Racing, pursuant to which D-BOX will supply SIMTAG with haptic components to be integrated into SIMTAG's new active brake pedal with integrated FIA-licensed haptic technology. The value of the haptic components to be sold by D-BOX pursuant to this agreement is approximately $1.17 million (USD 918,000) over the next year. This innovation, using proven technology, confirms D-BOX's know-how and technological advancement in the home entertainment industry. This new type of brake pedal will greatly enhance the racing experience, giving it an improved realism transmitted through feedback and subtle vibration to the pedal. Through the combination of a pedal set and a haptic seat, the entire body is involved to create a feeling of immersion in any Sim Racing experience. The global gaming simulator market is estimated to grow rapidly in the next few years. The superior playing experience and enhanced performance along with the emergence of gaming as one of the prominent means of home entertainment are the main driving factors for the growth of the gaming simulator market. Reported Earnings • Feb 13
Third quarter 2021 earnings released: CA$0.012 loss per share (vs CA$0.009 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CA$3.00m (down 45% from 3Q 2020). Net loss: CA$2.19m (loss widened 36% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.