Destiny Meda Tec Stock Price, News & Analysis

Destiny Media Technologies (TSXV: DSY / OTCQB: DSNY) announced a favorable legal judgment dated October 27, 2025: all claims filed by Mr. Steve Vestergaard against the company, its directors and officers were dismissed and the company was awarded costs from Mr. Vestergaard.

The company said management is pleased with the ruling and will focus on customers and business growth going forward.

Destiny Media Technologies (OTCQB: DSNY) has announced a strategic platform evolution of its Play MPE® service with the introduction of two distinct offerings: Caster and Caster+. The existing campaign management service will be rebranded as Caster+, a premium version offering enhanced promotional support for a service fee. The new Caster platform will serve as a comprehensive, self-directed campaign management software for music marketing.

The company has begun transitioning current customers to Caster, while new customers will be directly onboarded to the platform. This dual-offering strategy aims to scale revenue more efficiently in both existing and new markets while creating new market acquisition opportunities.

Destiny Media Technologies (OTCQB: DSNY), provider of Play MPE® cloud-based SaaS solution for music industry digital asset management, reported its fiscal 2025 Q3 results. The company posted revenue of $1.13M with a net loss of $0.07M and Adjusted EBITDA of $0.12M, down from $0.22M in 2024.

While Play MPE revenue shows a 2.5% year-to-date increase despite Q3 retraction, the net loss was attributed to increased amortization of capital investments. The company continues to focus on preparing Play MPE® and MTR® for international market expansion.

Destiny Media Technologies (OTCQB: DSNY), a pioneer in music promotional delivery services, has scheduled its fiscal 2025 third quarter earnings release and webinar for Monday, July 14, 2025. The company will release its financial results before market open, followed by a live webinar at 2:00 PM PST (5:00 PM EST).

The webinar will feature visual presentations and allow attendees to submit questions. Participants can join via web registration or dial-in numbers, though dial-in participants won't have access to video or Q&A functions. A recording will be available post-event on the company's financial page.

Destiny Media Technologies (OTCQB: DSNY), provider of Play MPE cloud-based SaaS solution for music industry digital asset management, announced a change in its auditor. The company's board accepted the resignation of Smythe LLP on May 28, 2025, and appointed Davidson & Company LLP as the new auditor until the next annual general meeting. The company confirmed there were no reservations in the Former Auditor's reports and no reportable events as defined by National Instrument 51-102. The required change of auditor documentation has been filed on the company's SEDAR+ profile.

Destiny Media Technologies (OTCQB: DSNY), provider of Play MPE® music industry SaaS solution, issued a corporate update addressing three key matters. First, the company disclosed details about its 2022 stock option plan, which allows for up to 1 million stock options granted above market value. Second, regarding ongoing litigation, DSNY awaits a Supreme Court of British Columbia decision on a 2017 legal claim filed by its former CEO alleging conspiracy, breach of contract, and wrongful dismissal. Third, the company received a failure-to-file cease trade order from BCSC on May 5, 2025, due to delayed SEDAR+ filing of Q2 results. The order was lifted on May 7, 2025, with trading expected to resume soon.

Destiny Media Technologies (OTCQB: DSNY), the creator of Play MPE®, a cloud-based SaaS solution for music industry digital asset management, has appointed Assel Mendesh as Chief Financial Officer. Mendesh, who holds CPA, CGA, FCCA, and CIA credentials, brings over 15 years of senior financial leadership experience. She previously served as Director of Finance at Corza Medical, where she led initiatives in entity integration and enhanced functional reporting across jurisdictions.

In her new role at Destiny Media, Mendesh will oversee financial operations, strategic planning, budgeting, and financial reporting. She will be instrumental in shaping the company's growth and financial strategy as it expands its offerings and market presence.

Destiny Media Technologies (OTCQB: DSNY), provider of Play MPE cloud-based SaaS solution for music industry digital asset management, reported its fiscal 2025 second quarter results ended February 28, 2025.

Key financial highlights include:

• Revenue reached $1M, showing a 3.3% increase compared to Q2 FY2024
• Net loss of $0.3M, primarily attributed to one-time litigation costs
• Adjusted EBITDA declined to ($0.12M) from ($0.05M) in 2024
• MTR™ revenue grew 20% quarter over quarter

The company reported progress on developing a new checkout experience aimed at scaling revenue growth more effectively, along with new Play MPE features designed to enhance network expansion through organic ecosystem growth.

Destiny Media Technologies (OTCQB: DSNY) reported its fiscal 2025 first quarter results, showing positive growth in its Play MPE® platform. The company achieved revenue of $1.2M, marking a 6.2% increase compared to Q1 FY2024, with net income of $0.12M and adjusted EBITDA of $0.29M (down from $0.33M in 2024).

CEO Fred Vandenberg highlighted significant progress in developing Play MPE's scalable, low-touch sales process and enhanced marketing strategies. The company expects to implement a fully automated sales process later in 2025, aiming to expand independent record label usage across new territories.