Destiny Media Technologies Inc
OTC:DSNY

Watchlist Manager
Destiny Media Technologies Inc Logo
Destiny Media Technologies Inc
OTC:DSNY
Watchlist
Price: 0.5 USD Market Closed
Market Cap: $4.9m

Gross Margin

85.7%
Current
Improving
by 1%
vs 3-y average of 84.7%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
85.7%
=
Gross Profit
$3.4m
/
Revenue
$4m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
85.7%
=
Gross Profit
$3.4m
/
Revenue
$4m

Peer Comparison

Country Company Market Cap Gross
Margin
CA
Destiny Media Technologies Inc
OTC:DSNY
5.1m USD
Loading...
US
Alphabet Inc
NASDAQ:GOOGL
3.7T USD
Loading...
US
Meta Platforms Inc
NASDAQ:META
1.6T USD
Loading...
CN
Tencent Holdings Ltd
HKEX:700
4.8T HKD
Loading...
CN
Baidu Inc
NASDAQ:BIDU
43.6B USD
Loading...
CN
Kuaishou Technology
HKEX:1024
272.5B HKD
Loading...
JP
LY Corp
XMUN:YOJ
28.8B EUR
Loading...
KR
Naver Corp
KRX:035420
38T KRW
Loading...
NL
Nebius Group NV
NASDAQ:NBIS
22.8B USD
Loading...
KR
Kakao Corp
KRX:035720
27.4T KRW
Loading...
JP
Z Holdings Corp
TSE:4689
2.7T JPY
Loading...

Market Distribution

Higher than 94% of companies in Canada
Percentile
94th
Based on 4 108 companies
94th percentile
85.7%
Low
-10 058.3% — 20.4%
Typical Range
20.4% — 50.5%
High
50.5% — 717.4%
Distribution Statistics
Canada
Min -10 058.3%
30th Percentile 20.4%
Median 33.6%
70th Percentile 50.5%
Max 717.4%

Destiny Media Technologies Inc
Glance View

Market Cap
4.9m USD
Industry
Media

Destiny Media Technologies, Inc. engages in the provision of digital content distribution solutions. The company is headquartered in Vancouver, British Columbia and currently employs 34 full-time employees. The company went IPO on 2010-10-12. The company owns and operates the Play MPE platform. The Play MPE is a two-sided business to business (B2B) marketplace that enables music labels and artists to create and distribute promotional content and musical assets on the one side, and for music broadcasting professionals, music curators and music reviewers to discover, download, broadcast and review the music, on the other. The system is used by the recording industry for transferring pre-release broadcast music, radio shows, and music videos to recipients such as radio stations, media reviewers, disc jockey (DJ's), film and television (TV) personnel, sports stadiums, and retailers. Its clients include independent record labels (Indies or Independent Record Labels), promoters or pluggers, and the record labels (the Major Record Label).

DSNY Intrinsic Value
Not Available
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
85.7%
=
Gross Profit
$3.4m
/
Revenue
$4m
What is Destiny Media Technologies Inc's current Gross Margin?

The current Gross Margin for Destiny Media Technologies Inc is 85.7%, which is above its 3-year median of 84.7%.

How has Gross Margin changed over time?

Over the last 3 years, Destiny Media Technologies Inc’s Gross Margin has increased from 85.2% to 85.7%. During this period, it reached a low of 83.1% on Nov 30, 2022 and a high of 91.9% on Aug 31, 2020.

Back to Top
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett