Record-Breaking Quarter
This quarter marked the best performance in D-BOX's history with growth in every segment, highlighting the effectiveness of the company's strategy.
Significant Revenue Growth
Overall revenue growth of 12% was achieved despite a soft environment and a $1 million impact from exiting the direct-to-consumer hardware market.
EBITDA and Net Income Surge
EBITDA more than tripled, and net income multiplied more than four times, demonstrating significant improvements in profitability.
Commercial Market Expansion
Theatrical and sim racing segments grew by 21%, and simulation and training grew by 3%.
New Board Members with Enhanced Expertise
The appointment of new independent directors has brought fresh perspectives and additional expertise in governance, strategy, finance, marketing, and operations.
Improved Cash Flow from Operations
Generated $3 million year-to-date, providing greater flexibility through recent debt restructuring.