Core Viewpoint - Destiny Media Technologies Inc. has announced the resignation of Fred Vandenberg as President and CEO, effective February 9, 2026, and has appointed Hyonmyong ("Hoch") Cho as interim CEO while searching for a permanent replacement [1][2]. Group 1: Leadership Changes - Fred Vandenberg joined Destiny Media Technologies in 2004, became CFO in 2007, and was promoted to CEO in June 2017. He will assist during the transition and remain on the Board of Directors [2]. - Hoch Cho, the interim CEO, expressed gratitude towards Vandenberg for his contributions and emphasized the importance of continuity during the leadership transition [3]. Group 2: Company Overview - Destiny Media Technologies provides SaaS solutions for the music industry, specifically through its core service, Play MPE®, which facilitates promotional music marketing to networks in radio, film, and TV [4].

Core Viewpoint - Destiny Media Technologies Inc. has reported its financial results for the first quarter of fiscal 2026, highlighting significant developments in product offerings and partnerships that are expected to drive future growth [2]. Financial Performance - Revenue for Q1 FY2026 reached $1.2 million, reflecting a 1.3% increase compared to $1.226 million in Q1 FY2025 [10]. - Net income for the quarter was $0.08 million, down from $0.118 million in the same quarter last year [10]. - Adjusted EBITDA was $0.25 million, a decrease from $0.29 million in FY2025, alongside lower capitalization requirements [8]. - Gross margin decreased to 85.4% from 87.3% year-over-year [10]. Customer and Market Developments - The company experienced a 7.3% growth in total customers [8]. - A multi-year agreement with Universal Music Group was finalized, which is expected to secure foundational platform activity and enhance future revenue streams [2]. Operational Changes - The company implemented targeted pricing adjustments that began to take effect late in the quarter, contributing to momentum heading into the next quarter [2]. - Cost reductions were also implemented later in the quarter, which are anticipated to have a meaningful impact on future quarters [8]. Upcoming Events - Destiny Media Technologies will hold a live webinar on January 15, 2026, to discuss the financial results for Q1 FY2026 [4].

Core Viewpoint - Destiny Media Technologies Inc. will hold a live webinar on January 15, 2026, to discuss its financial results for the first quarter ended November 30, 2025, with results being released on January 14, 2026 [1]. Group 1 - The webinar is scheduled for January 15, 2026, at 2:00 p.m. Pacific Standard Time (5:00 p.m. Eastern Standard Time) [2]. - Attendees are encouraged to register prior to the webinar, and can submit questions during the live presentation [3]. - A recording of the webinar will be available after the event [4]. Group 2 - Destiny Media Technologies Inc. provides SaaS solutions to the music industry, focusing on distribution and promotion challenges [5]. - The core service, Play MPE®, is recognized as the leading provider of music promotional delivery services [5].

Core Insights - Destiny Media Technologies Inc. announced its financial results for the fiscal year ended August 31, 2025, highlighting a focus on technology modernization and revenue growth [1][2]. Fiscal Year 2025 Highlights - The company completed a multi-year technology modernization effort, essential for scalability and long-term competitiveness [2]. - Revenue growth was reported at 2.3%, with a currency-adjusted growth of 2.6% [9]. - The net loss for the year was $0.6 million, primarily due to higher amortization of capitalized development investments [9]. Technology Modernization Milestones - The migration of the largest enterprise customer to the new platform was completed, significantly reducing technical debt and support requirements [3]. - The launch of MTR™ in late 2024 targeted the radio airplay tracking market, establishing early adoption and customer foundation [4]. - The legacy list management module was fully rebuilt and replaced in April 2025, consolidating revenue-generating workflows onto the modern platform [6]. Product Enhancements - The introduction of self-service and checkout capabilities in 2025 aimed to streamline customer adoption and reduce onboarding friction [8]. - The combination of MTR™ and Play MPE® platforms offers unique cross-marketing opportunities and data-driven insights, enhancing the value proposition [5]. Financial Performance - Service revenue for fiscal 2025 was $4.52 million, compared to $4.42 million in fiscal 2024 [16]. - Gross margin decreased to 84.8% from 86.2% in the previous year [17]. - Operating expenses increased to $4.50 million from $3.75 million in fiscal 2024, with significant increases in product development and depreciation [17]. Balance Sheet Overview - Total assets decreased to $2.97 million from $3.69 million in the previous year [18]. - Cash and cash equivalents were reported at $1.12 million, down from $1.48 million [18]. - Stockholders' equity decreased to $2.42 million from $3.17 million, reflecting an accumulated deficit of $5.83 million [19].

Company Overview - Destiny Media Technologies Inc. is a pioneer in music promotional delivery services, providing SaaS solutions to the music industry to address critical distribution and promotion challenges [5]. Upcoming Webinar - The company will hold a live webinar on November 24, 2025, at 2:00 p.m. Pacific Standard Time (5:00 p.m. Eastern Standard Time) to discuss financial results for the fiscal year ended August 31, 2025 [1][2]. - Financial results will be released before the market opens on the same day [1]. Webinar Format and Participation - Attendees can submit questions during the live presentation, with cameras off and microphones muted unless engaging verbally [3]. - The webinar will include visual information and can also be accessed via dial-in for those without internet access [3]. - A recording of the webinar will be available afterward [4].

Group 1 - Destiny Media Technologies Inc. has successfully resolved claims filed by Mr. Steve Vestergaard, with all claims against the company, directors, and officers dismissed [1][2] - The company has been awarded costs from Mr. Vestergaard, indicating a favorable outcome for the company [1] - CEO Fred Vandenberg expressed satisfaction with the judgment and emphasized the company's focus on future growth and customer service [2] Group 2 - Destiny Media Technologies Inc. provides Software as a Service (SaaS) solutions specifically for the music industry, addressing critical issues in distribution and promotion [2] - The core service, Play MPE®, is recognized as the leading provider of music promotional delivery services, aimed at empowering artists and industry professionals in the digital age [2]

Core Insights - Destiny Media Technologies Inc. has introduced two new platforms, Caster and Caster+, enhancing its Play MPE® service for digital asset management in the music industry [1][3][4] Group 1: Product Development - The existing campaign management service within Play MPE® will be rebranded as Caster+, which is a premium version designed for larger clients and smaller clients seeking additional support for a new service fee [2] - The newly launched Caster platform will serve as a comprehensive, customer-driven campaign management software, providing end-to-end music marketing functionality [3] - The transition to Caster is already underway for current customers, with all new customers being onboarded directly into this platform [3] Group 2: Strategic Positioning - The introduction of Caster and Caster+ is seen as a significant advancement for the platform, offering music marketers more flexibility in campaign management [4] - These new offerings are expected to better serve the music industry while positioning Play MPE® for continued growth and more efficient revenue scaling in both new and existing markets [3][4] Group 3: Company Overview - Destiny Media Technologies Inc. specializes in SaaS solutions for the music industry, focusing on distribution and promotion challenges [5] - Play MPE® is recognized as the leading provider of music promotional delivery services, aimed at empowering artists and industry professionals in the digital age [5]

Attendees of the webinar can submit questions voluntarily during the live presentation. Cameras will remain off for all attendees throughout the session. Microphones will also remain muted unless an attendee chooses to engage in verbal questions, similar to the format used in traditional conference calls. Vancouver, British Columbia--(Newsfile Corp. - July 14, 2025) - Destiny Media Technologies Inc. (TSXV: DSY) (OTCQB: DSNY), the makers of Play MPE®, a cloud-based SaaS solution for digital asset management ...

Vancouver, British Columbia--(Newsfile Corp. - May 13, 2025) - Destiny Media Technologies Inc. (TSXV: DSY), announced today that on May 7, 2025 the Company received a notice of suspension from trading on the TSX as a result of a Cease Trading Order (“CTO”) issued from the BC Securities Commission due to the non-filing of the Company’s February 28, 2025 quarter results on SEDAR+. The Company filed on a timely basis with the Securities and Exchange Commission (“SEC”) but the Company’s filing service provider ...