Q1 Fiscal 2026 Highlights Record royalties of $4.0 millionRecord adjusted EBITDA1 of $3.3 millionTotal revenues of $13.0 millionNet profit of $2.0 million after a $0.9 million restructuring charge MONTREAL, Aug. 13, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the "Company") (TSX: DBO) today reported financial results for its first quarter ended June 30, 2025. “In Q1 2026, D-BOX delivered robust financial performance with record royalty growth and strong profitability,” said Naveen Prasad, i ...

MONTREAL, Aug. 13, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (TSX: DBO), a global leader in haptic and immersive entertainment technology with systems deployed on well over 1,000 theatrical screens worldwide and a growing leadership position across simulation racing, training, and experiential markets, today announced the appointment of Naveen Prasad as President and Chief Executive Officer, effective immediately. Mr. Prasad, elected to the Board of Directors at the Corporation’s annual and special m ...

Core Insights - D-BOX Technologies Inc. announced the resignation of Senior Vice President Jean-François Gagnon, effective August 15, 2025, with sales and marketing teams reporting to Interim CEO Naveen Prasad [1][2] - The transition is part of D-BOX's strategy to optimize its organizational structure for better alignment and focused execution in commercial activities, aiming for future profitable growth [2] Company Overview - D-BOX Technologies Inc. is a leader in haptic technology, providing immersive motion experiences that enhance storytelling across various platforms, including movie theaters, sim racing, and simulation training [3] - The company has over 25 years of innovation in the industry and is headquartered in Montreal, Canada, with additional offices in Los Angeles, USA [3]

Core Viewpoint - D-BOX Technologies Inc. announces the resignation of CEO Sébastien Mailhot and the appointment of Naveen Prasad as interim CEO, effective June 10, 2025, aiming for a smooth transition and continued financial progress [1][3][5]. Group 1: Leadership Transition - Sébastien Mailhot is stepping down after achieving significant financial milestones, contributing to revenue growth and improved profitability during his tenure [2][3]. - Naveen Prasad, with over 25 years of experience in media and technology, will take over as interim CEO, bringing a strong background in driving growth and organizational change [4][5]. - The Board expresses confidence in Prasad's ability to strengthen operational effectiveness and guide the next phase of the Corporation's evolution [5]. Group 2: New Board Appointment - Lori Vaudry Tersigni has been appointed as an independent director, bringing extensive operational and leadership experience from her previous roles at Morneau Shepell and CIBC [6]. Group 3: Financial Outlook - D-BOX is expected to release its financial results for the fourth quarter and full fiscal year ended March 31, 2025, on June 10, 2025 [7].