Destiny Media Technologies
Market Cap
US$7.5m
Last Updated
2020/11/27 00:03 UTC
Data Sources
Company Financials
Executive Summary
Destiny Media Technologies Inc., through its subsidiary, Destiny Software Productions Inc., develops technologies that enable the distribution of digital media files in a streaming or digital download format over the internet. More Details
Risk Analysis
+ 1 more risk
Snowflake Analysis
Flawless balance sheet and overvalued.
Similar Companies
Share Price & News
How has Destiny Media Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DSNY is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: DSNY's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
-4.5%
DSNY
1.0%
US Interactive Media and Services
2.1%
US Market
1 Year Return
-22.5%
DSNY
36.9%
US Interactive Media and Services
19.8%
US Market
Return vs Industry: DSNY underperformed the US Interactive Media and Services industry which returned 36.8% over the past year.
Return vs Market: DSNY underperformed the US Market which returned 19.7% over the past year.
Shareholder returns
| DSNY | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.5% | 1.0% | 2.1% |
| 30 Day | 10.8% | 5.0% | 8.1% |
| 90 Day | 20.0% | 4.0% | 6.0% |
| 1 Year | -22.5%-22.5% | 36.9%36.9% | 22.5%19.8% |
| 3 Year | -34.5%-34.5% | 56.7%56.6% | 46.5%36.8% |
| 5 Year | -37.4%-37.4% | 124.2%123.7% | 96.9%75.3% |
Long-Term Price Volatility Vs. Market
How volatile is Destiny Media Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Destiny Media Technologies undervalued compared to its fair value and its price relative to the market?
45.06x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DSNY ($0.72) is trading above our estimate of fair value ($0.02)
Significantly Below Fair Value: DSNY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DSNY is poor value based on its PE Ratio (45.1x) compared to the US Interactive Media and Services industry average (30.3x).
PE vs Market: DSNY is poor value based on its PE Ratio (45.1x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DSNY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DSNY is good value based on its PB Ratio (2.6x) compared to the US Interactive Media and Services industry average (3.2x).
Next Steps
Future Growth
How is Destiny Media Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.4%
Forecasted Media industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Destiny Media Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Destiny Media Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Destiny Media Technologies's filings and announcementshere.
- Explore growth companies in the Media industry.
Past Performance
How has Destiny Media Technologies performed over the past 5 years?
62.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DSNY has a large one-off loss of $103.1K impacting its August 31 2020 financial results.
Growing Profit Margin: DSNY's current net profit margins (4.4%) are lower than last year (16%).
Past Earnings Growth Analysis
Earnings Trend: DSNY has become profitable over the past 5 years, growing earnings by 62.9% per year.
Accelerating Growth: DSNY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DSNY had negative earnings growth (-72.2%) over the past year, making it difficult to compare to the Interactive Media and Services industry average (5%).
Return on Equity
High ROE: DSNY's Return on Equity (5.9%) is considered low.
Next Steps
Financial Health
How is Destiny Media Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: DSNY's short term assets ($3.2M) exceed its short term liabilities ($730.5K).
Long Term Liabilities: DSNY's short term assets ($3.2M) exceed its long term liabilities ($219.1K).
Debt to Equity History and Analysis
Debt Level: DSNY is debt free.
Reducing Debt: DSNY had no debt 5 years ago.
Debt Coverage: DSNY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DSNY has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Destiny Media Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DSNY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DSNY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DSNY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DSNY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DSNY's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.6yrs
Average management tenure
CEO
Fred Vandenberg (52 yo)
3.42yrs
Tenure
US$208,406
Compensation
Mr. Frederick Vandenberg, also known as Fred, B.Comm, MBA, CPA, CA, has been President and Chief Executive Officer of Destiny Media Technologies Inc. since June 28, 2017 and served as its Interim Chief Fin...
CEO Compensation Analysis
Compensation vs Market: Fred's total compensation ($USD208.41K) is below average for companies of similar size in the US market ($USD561.41K).
Compensation vs Earnings: Fred's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 3.42yrs | US$208.41k | 3.71% $ 279.5k | |
| CFO & Treasurer | 0.50yr | US$90.27k | 0.013% $ 966.1 | |
| Director of Operations | 0.58yr | no data | no data | |
| Director of Business Development | 0.58yr | no data | no data |
0.6yrs
Average Tenure
Experienced Management: DSNY's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 3.42yrs | US$208.41k | 3.71% $ 279.5k | |
| Member of Advisory Board | 5.83yrs | US$24.50k | no data | |
| Independent Chairman of the Board | no data | no data | 1.37% $ 102.8k | |
| Independent Director | 3.75yrs | US$12.50k | 1.44% $ 108.7k | |
| Independent Director | 1.75yrs | no data | 0.045% $ 3.4k |
3.3yrs
Average Tenure
52yo
Average Age
Experienced Board: DSNY's board of directors are considered experienced (3.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DSNY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Destiny Media Technologies Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Destiny Media Technologies Inc.
- Ticker: DSNY
- Exchange: OTCPK
- Founded: 1991
- Industry: Interactive Media and Services
- Sector: Media
- Market Cap: US$7.524m
- Shares outstanding: 10.45m
- Website: https://investors.dsny.com
Number of Employees
Location
- Destiny Media Technologies Inc.
- 885 West Georgia Street
- Suite 1110
- Vancouver
- British Columbia
- V6C 3E8
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DSNY | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Jul 1999 |
| DME1 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 1999 |
| DSY | TSXV (TSX Venture Exchange) | Yes | Common Stock | CA | CAD | Jul 1999 |
Biography
Destiny Media Technologies Inc., through its subsidiary, Destiny Software Productions Inc., develops technologies that enable the distribution of digital media files in a streaming or digital download form...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/27 00:03 |
| End of Day Share Price | 2020/11/25 00:00 |
| Earnings | 2020/08/31 |
| Annual Earnings | 2020/08/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.