D-Box Tech Inc. A J (TSE:DBO)
TSX:DBO
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D-Box Tech Inc. A
(TSX:DBO)
Select Model
Select Model
Rating:70Outperform
Price Target:
C$0.74
▼(-14.30% Downside)
Action:UpgradedDate:02/18/26
Score is driven primarily by materially improved TTM profitability/cash flow and low leverage, tempered by sustainability risk given the large margin jump versus the latest annual period. Technicals are currently weak-to-neutral (below 20/50-day averages with slightly negative MACD), while valuation looks reasonable with a low-teens P/E.
Positive Factors
Higher margins and profitability
TTM margin expansion and positive operating profitability indicate the business model is achieving scalable economics. Higher gross and operating margins increase internal funding for R&D, sales and partnerships, supporting durable growth in cinema, simulation and OEM channels.
Negative Factors
Margin sustainability risk
A step-change in net margin across reporting periods raises the risk that current profitability reflects non-recurring items or timing effects. If margins revert, cash generation and reinvestment capacity could decline, weakening the foundation for durable licensing and service revenue growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Higher margins and profitability
TTM margin expansion and positive operating profitability indicate the business model is achieving scalable economics. Higher gross and operating margins increase internal funding for R&D, sales and partnerships, supporting durable growth in cinema, simulation and OEM channels.
Read all positive factors
D-Box Tech Inc. A (DBO) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$169.28M
Dividend YieldN/A
Average Volume (3M)402.94K
Price to Earnings (P/E)5.7
Beta (1Y)0.86
Revenue Growth30.46%
EPS Growth321.98%
CountryCA
Employees96
SectorTechnology
Sector Strength88
IndustryConsumer Electronics
Share Statistics
EPS (TTM)0.04
Shares Outstanding222,731,570
10 Day Avg. Volume306,958
30 Day Avg. Volume402,937
Financial Highlights & Ratios
PEG Ratio-0.08
Price to Book (P/B)1.54
Price to Sales (P/S)0.47
P/FCF Ratio8.79
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 ...
How the Company Makes Money
D-BOX makes money primarily by selling and licensing its motion/haptic technology and related products to business customers and, in some cases, end consumers. Key revenue streams typically include: (1) Product sales: revenue from selling motion/h...
D-Box Tech Inc. A Earnings Call Summary
Earnings Call Date:Nov 12, 2024
(Q2-2025)
| % Change Since: |
Next Earnings Date:May 28, 2026
Earnings Call Sentiment Positive
The earnings call reflected a strong positive sentiment, emphasizing record-breaking performance, significant revenue and profitability growth, and strategic advancements. While there were some challenges, such as exiting the direct-to-consumer market and board member changes, the highlights significantly outweighed the lowlights.Positive Updates
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.
Negative Updates
Exit from Direct-to-Consumer Hardware Market
The decision to exit the direct-to-consumer hardware market resulted in a $1 million impact, though it was part of a strategic pivot to focus on higher-margin segments.
Read all updates
Q2-2025 Updates
Positive
Negative
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.
Read all positive updates
Company Guidance
During the Q2 2025 earnings call for D-BOX (DBO.TO), significant metrics were highlighted, demonstrating the company's exceptional performance. Notably, EBITDA more than tripled, and net income multiplied more than four times compared to prior periods. Year-to-date EBITDA reached 15%, marking a 4% year-over-year increase. Revenues grew by 12%, with theatrical and sim racing segments rising by 21% and simulation and training increasing by 3%, despite exiting the direct-to-consumer hardware market. This growth occurred within a challenging environment and was bolstered by successful box office releases. Additionally, the company generated $3 million year-to-date cash flow from operations, showcasing robust cash generation. The discussion also touched on strategic priorities, including the refreshed board's potential impact, cost discipline, and the exploration of capital allocation strategies to maintain a strong balance sheet and support growth.D-Box Tech Inc. A Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
78
Positive
Cash Flow
74
Positive
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 51.55M | 42.79M | 39.60M | 34.12M | 21.31M | 11.08M |
| Gross Profit | 27.96M | 22.33M | 18.66M | 16.21M | 11.15M | 4.11M |
| EBITDA | 12.06M | 6.19M | 3.39M | 1.76M | 510.00K | -3.40M |
| Net Income | 16.06M | 3.86M | 1.09M | -937.00K | -1.87M | -6.19M |
Balance Sheet | ||||||
| Total Assets | 47.40M | 28.42M | 20.94M | 26.72M | 22.35M | 23.74M |
| Cash, Cash Equivalents and Short-Term Investments | 16.18M | 7.92M | 3.13M | 3.12M | 3.94M | 9.13M |
| Total Debt | 7.46M | 5.13M | 2.78M | 5.58M | 5.29M | 5.97M |
| Total Liabilities | 15.19M | 12.16M | 8.81M | 15.83M | 10.52M | 10.21M |
| Stockholders Equity | 32.21M | 16.27M | 12.13M | 10.89M | 11.83M | 13.53M |
Cash Flow | ||||||
| Free Cash Flow | 10.85M | 6.03M | 2.13M | -1.13M | -4.70M | -794.00K |
| Operating Cash Flow | 12.13M | 7.33M | 3.13M | 255.00K | -3.32M | -314.00K |
| Investing Cash Flow | -1.13M | -1.17M | -388.00K | -1.27M | -1.12M | -425.00K |
| Financing Cash Flow | -1.31M | -1.41M | -2.93M | 206.00K | -744.00K | 5.71M |
D-Box Tech Inc. A Technical Analysis
Positive
0.86
Price Trends
0.77
Negative
0.79
Negative
0.58
Positive
Market Momentum
<0.01
Negative
50.35
Neutral
55.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DBO, the sentiment is Positive. The current price of 0.86 is above the 20-day moving average (MA) of 0.74, above the 50-day MA of 0.77, and above the 200-day MA of 0.58, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 50.35 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:DBO.
D-Box Tech Inc. A Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | C$169.28M | 5.73 | 71.47% | ― | 30.46% | 321.98% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
| ― | C$54.83M | -17.19 | 81.87% | ― | 30.02% | 35.29% | |
59 Neutral | C$176.05M | -28.58 | -2.82% | ― | -4.34% | 31.52% | |
49 Neutral | C$114.36M | -16.83 | -100.85% | ― | -12.14% | 4.41% | |
46 Neutral | C$213.27M | -3.89 | -65.57% | ― | 13.16% | -1375.61% | |
45 Neutral | C$11.17M | 2.89 | 54.28% | ― | 127.18% | 66.57% |
* Technology Sector Average
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D-Box Tech Inc. A Corporate Events
Business Operations and StrategyStock Buyback
D-BOX Launches Share Buyback Program Approved by TSX
Positive
Mar 24, 2026
D-BOX Technologies Inc. has received Toronto Stock Exchange approval to launch a normal course issuer bid allowing it to repurchase up to 20,960,088 Class A shares, or about 10% of its public float, between March 27, 2026, and March 26, 2027, with...
Business Operations and StrategyFinancial Disclosures
D-BOX Delivers Record Profit as Theatrical Expansion Offsets Box Office Headwinds
Positive
Feb 10, 2026
D-BOX Technologies Inc. reported a strong third quarter of fiscal 2026, driven by expanding theatrical system sales and a growing global screen base, despite a modest decline in royalty revenues tied to softer North American box office performance...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.