Second Quarter Results - Total revenues in Q2 FY2022 increased to $5.6 million compared to $2.9 million in Q2 FY2021 and $3.2M in Q1 FY2022.
- Rights for use revenues increased to $1.3 million compared to $0.2 million in Q2 FY2022 (up 416% year-over-year) and $0.6 million in Q1 FY2022 (up 110%), driven by the resurgence of moviegoers.
- System sales revenues in Q2 FY2022 up 62% year-over-year and up 69% compared to Q1 FY2022.
- Adjusted EBITDA* in Q2 FY2022 improved to $0.2 million from $(0.6) million Q2 FY2021 and $(0.6) million Q1 FY2022.
- Net loss in Q2 FY2022 decreased to $0.4 million compared to $0.5 million Q2 FY2021 and 1.3 million in Q1 FY2022.
- Cash and cash equivalents were $6.8 million as of September 30, 2021 compared to $9.1 million as of March 31, 2021 and $6.7 million as of June 30, 2021.
LONGUEUIL, Qubec, Nov. 12, 2021 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the "Corporation") (TSX: DBO) a world leader in haptic and immersive experiences, today announced results for the second quarter of fiscal 2022 ended September 30, 2021. All dollar amounts are expressed in Canadian currency.
https://www.globenewswire.com/news-release/2021/11/12/2333198/0/en/D-BOX-Technologies-Reports-Second-Quarter-Results.html