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Destiny Media Technologies ( (TSE:DSY) ) has shared an announcement.
Destiny Media Technologies Inc. announced its fiscal 2025 year-end results, highlighting the completion of a multi-year technology modernization effort. This included launching new products like Caster and MTR™, and transitioning its largest customer to a new platform. Despite a net loss due to amortization costs, the company achieved revenue growth and is now positioned to focus on sales and marketing with reduced development costs. The modernization enhances the company’s competitive edge in the music industry by offering unique insights and efficiencies.
More about Destiny Media Technologies
Destiny Media Technologies Inc. operates in the music industry, providing a cloud-based SaaS solution called Play MPE® for digital asset management. The company focuses on offering scalable and efficient promotional workflows for major international labels, smaller labels, artists, and promoters.
Average Trading Volume: 6,271
Technical Sentiment Signal: Sell
Current Market Cap: C$6.25M
For detailed information about DSY stock, go to TipRanks’ Stock Analysis page.