D-Box Tech Inc. A (DBO) AI Stock Analysis

• Market Cap: C$191.36M
• Dividend Yield: N/A
• Average Volume (3M): 402.94K
• Price to Earnings (P/E): 22.4
• Beta (1Y): 0.73
• Revenue Growth: 30.46%
• EPS Growth: 321.98%
• Country: CA
• Employees: 96
• Sector: Technology
• Sector Strength: 88
• Industry: Consumer Electronics
• EPS (TTM): 0.02
• Shares Outstanding: 222,509,570
• 10 Day Avg. Volume: 306,958
• 30 Day Avg. Volume: 402,937
• PEG Ratio: 0.04
• Price to Book (P/B): 2.30
• Price to Sales (P/S): 0.88
• P/FCF Ratio: 6.21
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: C$0.95 ▲(4.18% Upside)

D-Box Tech Inc. A's overall stock score is driven by strong financial performance and positive technical indicators, despite overbought conditions. The moderate valuation suggests some caution, but the company's robust growth and profitability provide a solid foundation. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

High Revenue Growth

Sustained revenue growth near 30% indicates expanding adoption of D-Box’s motion technology across cinemas, gaming and VR. Durable top-line momentum supports reinvestment in R&D and scaling distribution, increasing the probability of longer-term market penetration and recurring service revenue.

Strong Profit Margins

High gross margin and positive net margin reflect pricing power and efficient cost structure in hardware plus licensing model. These margins provide enduring room to fund product development, support services, and marketing while remaining resilient to input cost fluctuations over the medium term.

Prudent Balance Sheet and High ROE

Low leverage with a strong equity base and high return on equity gives D-Box durable financial flexibility to fund capex, installs and partnerships without over-reliance on external debt. This capital strength supports strategic investments and resilience through entertainment cycles.

Negative Factors

Declining Free Cash Flow Growth

A nearly 30% drop in free cash flow growth signals potential pressure on internal funding for installations, maintenance contracts and R&D. If sustained, weaker FCF can constrain capital allocation, slow expansion into new venues, and increase reliance on external financing for growth initiatives.

Limited Scale (Headcount)

A small workforce limits in-house capacity for manufacturing scale, global distribution and enterprise sales required to penetrate theaters and gaming partners. Sustained growth will require scaling teams and operations; execution risk rises if hiring or outsourcing lags demand or increases costs.

Concentration in Entertainment Adoption

Revenue dependence on theaters, gaming and content licensing exposes D-Box to structural adoption hurdles and cyclicality in entertainment spending. Long lead times and capital-intensive installations mean growth hinges on partners and content producers embracing the tech, limiting diversification.

D-Box Tech Inc. A Business Overview & Revenue Model

Company Description

D-BOX Technologies Inc. designs, manufactures, and commercializes motion systems intended for the entertainment and simulation, and training markets worldwide. The company produces haptic effects programmed for visual content, which are sent to a haptic system integrated within a platform, a seat, or various other products. It sells or leases D-BOX hardware, including haptic seats, haptic controllers, and electronic interfaces or servers, as well as haptic bases that are integrated into recliners or seats; licenses D-BOX Haptic Code in commercial theatres and entertainment centers equipped with the D-BOX haptic systems to play content encoded by D-BOX; and sells actuators to resellers, integrators, and equipment or seating manufacturers. The company also provides video game peripherals, such as video gaming chairs, video game controllers, and sim racing peripherals and accessories; virtual reality systems; and seating furniture. In addition, it offers products for automobile, defense, flight, heavy equipment, wellness, and virtual reality industries; and location-based entertainment, theme parks, arcades, museums, planetariums, and commercial theaters. The company was founded in 1998 and is headquartered in Longueuil, Canada.

How the Company Makes Money

D-Box Tech Inc. generates revenue through multiple streams, primarily by selling its motion seats and platforms to theaters, gaming companies, and other entertainment venues. The company also earns income from licensing its technology to third-party developers and producers who wish to integrate D-Box's motion features into their content. Additionally, D-Box may engage in strategic partnerships with film studios and gaming companies to create exclusive content that utilizes its technology, further enhancing its market presence and revenue potential. The recurring revenue from service contracts and maintenance agreements for its installed systems also contributes to its overall earnings.

D-Box Tech Inc. A Financial Statement Overview

Summary

D-Box Tech Inc. A demonstrates strong financial health with robust revenue growth, high profit margins, and effective cash generation. The income statement shows solid growth and profitability, the balance sheet is stable with effective leverage management, and the cash flow statement highlights strong cash generation capabilities.

Income Statement

D-Box Tech Inc. A has shown strong revenue growth with a 9.99% increase in the TTM period. The company maintains a healthy gross profit margin of 52.18% and a net profit margin of 9.02%, indicating efficient cost management and profitability. The EBIT and EBITDA margins are also robust at 10.30% and 14.48%, respectively, reflecting operational efficiency. Overall, the income statement demonstrates solid growth and profitability.

Balance Sheet

The balance sheet of D-Box Tech Inc. A is stable with a manageable debt-to-equity ratio of 0.32, indicating a balanced approach to leveraging. The return on equity is impressive at 38.16%, showcasing effective use of shareholder funds to generate profits. The equity ratio stands at 57.78%, suggesting a strong equity base relative to total assets. The company's financial position is solid, with a good balance between debt and equity.

Cash Flow

D-Box Tech Inc. A exhibits a significant improvement in free cash flow, with a growth rate of 66.86% in the TTM period. The operating cash flow to net income ratio is 0.96, indicating strong cash generation relative to net income. The free cash flow to net income ratio is 0.82, reflecting effective conversion of profits into cash. The cash flow statement highlights strong cash generation capabilities, supporting the company's growth and operational needs.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	51.05M	42.79M	39.60M	34.12M	21.31M	11.08M
Gross Profit	27.56M	22.33M	18.66M	16.21M	11.15M	4.11M
EBITDA	11.00M	6.19M	3.39M	1.76M	510.00K	-3.40M
Net Income	8.53M	3.86M	1.09M	-937.00K	-1.87M	-6.19M
Balance Sheet
Total Assets	35.91M	28.42M	20.94M	26.72M	22.35M	23.74M
Cash, Cash Equivalents and Short-Term Investments	10.61M	7.92M	3.13M	3.12M	3.94M	9.13M
Total Debt	4.16M	5.13M	2.78M	5.58M	5.29M	5.97M
Total Liabilities	12.85M	12.16M	8.81M	15.83M	10.52M	10.21M
Stockholders Equity	23.05M	16.27M	12.13M	10.89M	11.83M	13.53M
Cash Flow
Free Cash Flow	7.14M	6.03M	2.13M	-1.13M	-4.70M	-794.00K
Operating Cash Flow	8.43M	7.33M	3.13M	255.00K	-3.32M	-314.00K
Investing Cash Flow	-1.14M	-1.17M	-388.00K	-1.27M	-1.12M	-425.00K
Financing Cash Flow	-2.06M	-1.41M	-2.93M	206.00K	-744.00K	5.71M

D-Box Tech Inc. A Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.91
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DBO, the sentiment is Neutral. The current price of 0.91 is below the 20-day moving average (MA) of 0.91, above the 50-day MA of 0.72, and above the 200-day MA of 0.40, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 52.35 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:DBO.

D-Box Tech Inc. A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DBO	68 Neutral	C$191.36M	22.40	40.65%	―	30.46%	321.98%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
STC	56 Neutral	C$221.37M	-29.29	-2.18%	―	-4.34%	31.52%
XTRA	52 Neutral	C$159.10M	-12.31	-108.12%	―	-12.14%	4.41%
WNDR	51 Neutral	C$202.72M	-5.83	-31.23%	―	13.16%	-1375.61%
HAPB	45 Neutral	C$13.97M	-4.32	―	―	127.18%	66.57%
ISTK	25 Underperform	C$163.86M	-51.38	―	―	30.02%	35.29%

D-Box Tech Inc. A Corporate Events

D-BOX Technologies Appoints New Chief Commercial Officer to Drive Market Expansion

D-BOX Technologies Inc. has appointed Scott Sherr as Chief Commercial Officer to strengthen its leadership and expand its presence in key markets. With over 30 years of experience in media, entertainment, and technology, Sherr will oversee global business activities, bringing a perspective well-suited to D-BOX’s evolving commercial landscape. This strategic move is expected to enhance the company’s operations and industry positioning.

The most recent analyst rating on (TSE:DBO) stock is a Buy with a C$0.50 price target. To see the full list of analyst forecasts on D-Box Tech Inc. A stock, see the TSE:DBO Stock Forecast page.

D-BOX Technologies Achieves Record Financial Performance in Q2 Fiscal 2026

D-BOX Technologies Inc. reported a record-setting second quarter for fiscal 2026, with total revenues reaching $16.1 million and a net profit of $4.5 million. The company’s royalties and theatrical system sales saw significant growth, driven by increased demand for its haptic technology in cinemas. This expansion has led to a 13.5% increase in screen footprint globally. Despite a restructuring charge, D-BOX’s financial performance highlights its strong market positioning and operational efficiency, with a focus on cost control and debt reduction.

The most recent analyst rating on (TSE:DBO) stock is a Buy with a C$0.50 price target. To see the full list of analyst forecasts on D-Box Tech Inc. A stock, see the TSE:DBO Stock Forecast page.