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Destiny Media Technologies Reports Q3 2025 Earnings
ByAinvest
Monday, Jul 14, 2025 8:22 pm ET1min read
Destiny Media Technologies reported Q3 2025 earnings with year-to-date revenue of $14.8 million, a 30% increase from the same period last year. The company's net loss narrowed to $1.1 million, compared to $2.3 million in Q3 2024. Frederick Vandenberg, CEO, attributed the growth to strong demand for the company's digital rights management and advertising technology solutions.
Vancouver, British Columbia—Destiny Media Technologies Inc. (TSXV: DSY) (OTCQB: DSNY) has announced its fiscal 2025 third quarter earnings, highlighting a year-to-date revenue of $14.8 million, a 30% increase from the same period last year. The company reported a net loss of $1.1 million, a significant improvement compared to the $2.3 million net loss in Q3 2024. CEO Fred Vandenberg attributed the growth to strong demand for the company's digital rights management and advertising technology solutions.The company's revenue for the quarter was $1.13 million, a 2.5% increase from the same period last year. Despite a small retraction during the third quarter, the company's adjusted EBITDA (non-GAAP) for the period was $0.12 million, a notable improvement from the $0.22 million recorded in the same period last year. The net loss was driven by increased amortization of capital investments.
Destiny Media Technologies will hold a live webinar on Monday, July 14, 2025, at 2:00 p.m. Pacific Standard Time (5:00 p.m. Eastern Standard Time) to discuss its fiscal 2025 third quarter earnings. Attendees are encouraged to register prior to the scheduled time at DSNY Financials or by clicking on the Webinar Registration Form. For those without internet access, the webinar can be accessed via the provided dial-in details.
Destiny Media Technologies provides software as service (SaaS) solutions to businesses in the music industry, solving critical problems in distribution and promotion. The core service, Play MPE®, offers promotional music marketing to engaged networks of decision-makers in radio, film, TV, and beyond.
[1] https://finance.yahoo.com/news/destiny-media-technologies-inc-announces-130000393.html
[2] https://www.marketscreener.com/quote/stock/DESTINY-MEDIA-TECHNOLOGIE-65956845/news/Destiny-Media-Technologies-Inc-Announces-Fiscal-2025-Third-Quarter-Results-50502146/
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