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D-Box Tech Inc. A J (TSE:DBO)
TSX:DBO
Canadian Market
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EarningsQ1 2027 Earnings Report

D-Box Tech Inc. A (DBO) Q1 2027 Earnings Report

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TSE:DBO Q1 2027 EPS Results

Actual EPSC$0.01
Consensus EPS
Beat/Miss
One Year Ago EPS<C$0.01

TSE:DBO Q1 2027 Revenue Results

Actual RevenueC$13.40M
Expected Revenue
Beat/Miss
YoY Revenue Growth+2.79%

Earnings Announcement Details

QuarterQ1 2027
Date08/11/2026
TimeAfter Close
Conference CallTuesday, August 11, 2026
TSE:DBO Upcoming Earnings
D-Box Tech Inc. A's next earnings date is estimated for November 17, 2026, based on past reporting schedules.

Q1 2027 Earnings Call Audio

No earnings call audio is available for this earnings event.

Q1 2027 Earnings Slide Deck

No slide deck is available for this earnings event.

Q1 2027 Earnings Call Summary

Q1 2027
Earnings Call Date:Aug 11, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call emphasizes clear progress on strategy execution: recurring royalty revenue growth, margin expansion (59% gross margin, 32% adjusted EBITDA margin), increasing install base (1,233 screens, +17.8% YoY), a healthy cash position ($17.8M) and new major exhibitor partnerships. Offsetting items include a 7% decline in system sales, near‑term softness in simulation OEM demand, higher share‑based compensation, and continued lumpiness/seasonality in hardware sales with limited forward guidance. On balance, the company demonstrated materially improving profitability and recurring revenue traction that outweigh the short‑term hardware variability and select uncertainties.
Company Guidance
Management's guidance emphasized that system sales should "normalize toward historical patterns" even after Q1 system sales dipped 7% to $8.4M, while the strategic priority remains footprint expansion and recurring revenue: total Q1 revenue was $13.4M (+3% YoY), rights/rental/maintenance revenues were $5.0M (+25% YoY), the install base finished at 1,233 active screens (+17.8% YoY, +32 net new this quarter; net additions of 111/83/189 in FY24/FY25/FY26 and management said it is targeting the higher end going forward), and the 3‑year royalty CAGR is 19.6%; they expect this recurring mix to sustain structurally higher margins (Q1 adjusted EBITDA $4.3M, 32% margin; FY26 adj. EBITDA margin 27% vs. 17% in FY25, 8% in FY24, 5% in 2023) while deploying a strong balance sheet (cash $17.8M, total assets $48.3M, shareholders’ equity $37.9M = 78% of the balance sheet, liabilities $10.5M, working capital $27.6M, effectively debt‑free with nil long‑term debt interest) to fund screen growth, selective customer financing (finance lease receivables up $1.3M to $1.7M), and opportunistic buybacks under the NCIB (up to 21M shares; >500k repurchased this quarter); management also noted Q1 share‑based compensation of $943k (vs. $52k a year ago) is expected to represent most of this year's award activity.
Top-line growth driven by recurring revenue
Total revenues of $13.4M, up 3% year‑over‑year, driven by recurring revenues (rights for use, rental and maintenance) reaching a record $5.0M, up 25% YoY and offsetting a 7% decline in system sales.
Strong royalty and install base momentum
Install base reached 1,233 active screens globally (up 17.8% YoY) with 32 net new screens added in the quarter; royalty revenue growth has outpaced box office (royalties +25% YoY in Q1 vs North American box office +11.2%), and a 3‑year royalty CAGR of 19.6%.
Material margin expansion and profitability improvement
Q1 adjusted EBITDA was $4.3M at a 32% margin (versus ~26% a year ago); gross profit $7.9M with 59% gross margin (up from 56% prior year; FY26 full‑year was 53%), demonstrating operating leverage as recurring revenue grows against a largely fixed cost base.
Debt reduction and strong balance sheet
Cash and cash equivalents of $17.8M (up slightly from fiscal year end), total assets $48.3M, shareholders' equity $37.9M (78% of balance sheet), total liabilities reduced to $10.5M (down $1.4M) and effective interest rate on long‑term debt effectively nil (down from 3.29% a year ago).
High-quality recurring revenue mix improving margins
Rights for use, rental and maintenance (high‑margin recurring revenue) comprised a larger share of revenue in the quarter and lifted gross margin to ~6 percentage points above FY26 full‑year average, showcasing the structural benefit of royalties vs hardware sales.
New major U.S. exhibitor partnerships
Announced new theatrical partners including B&B Theatres, Marcus Theatres and Malco Theatres (initial deployment of 13 screens), and noted deeper commitment from Cinemark — evidence of accelerating commercial momentum in North America.
Capital allocation optionality and shareholder returns
Generated nearly $4.1M from operations before working capital items, repurchased and cancelled over 500,000 shares under an NCIB, and signaled ability to provide customer financing while still prioritizing footprint expansion.

TSE:DBO Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Nov 17, 2026
2027 (Q2)
- / -
0.02
2027 (Q1)
- / 0.01
0.00944.44% (<+0.01)
2026 (Q4)
- / <0.01
0.002300.00% (<+0.01)
2026 (Q3)
- / 0.04
0.007485.71% (+0.03)
2026 (Q2)
- / 0.02
0.01100.00% (+0.01)
2026 (Q1)
- / <0.01
-0.0011000.00% (<+0.01)
2025 (Q4)
- / <0.01
0.003-33.33% (>-0.01)
2025 (Q3)
- / <0.01
-0.002450.00% (<+0.01)
2025 (Q2)
- / 0.01
0.002400.00% (<+0.01)
2025 (Q1)
- / >-0.01
0.002-150.00% (>-0.01)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed