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Destiny Media Technologies Ord Shs V.DSY

Alternate Symbol(s):  DSNY

Destiny Media Technologies Inc is a provider of secure digital content distribution solutions. The company operates solely in the digital media software segment. Its two major services are Clipstream which enables any non-technical user to upload videos that will play on all modern web browsers and Play MPE, a digital distribution service that is used commercially by the recording industry. Destiny services are based on proprietary security, watermarking and instant play streaming media technologies. It also offers audio and video streaming solutions and secure file distribution to customers around the globe.


TSXV:DSY - Post by User

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Comment by HisNoodlinessTheFlyingSpaghettiMonsteron Mar 02, 2021 1:01pm
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Post# 32695892

RE:Timing the Inflection Point in Growth – Loaded Up into Q2…

RE:Timing the Inflection Point in Growth – Loaded Up into Q2…Full disclosure: I am a Yangaroo (YOO.V) shareholder.  The one fault in your analysis is that Independent Label / Musician revenue had a huge tailwind due to Covid.  All artists are unable to tour, and were releasing a lot of content in lieu of touring.  For reference, YOO music division rev were up 20% each Q after the Covid shutdown, after being flat for years.  So you need to ask yourself, are these revenue increases sustainable as concerts and festivals get back up and running?

Personally, I'm a fan of a DSY/YOO merger, at least on the music/awards biz side.  We could be a powerhouse cash generator, with combined 7 mil in cash to leverage for acquisitions.  It's a longshot though.
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