Welcome to our dedicated page for Destiny Meda Tec SEC filings (Ticker: DSNY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Destiny Media Technologies Inc. (DSNY) SEC filings page provides access to the company’s official regulatory disclosures, including current reports and other documents filed with the U.S. Securities and Exchange Commission. As a Nevada-incorporated issuer with shares referenced on the OTCQB, Destiny Media uses these filings to report material events, contractual arrangements, and financial information related to its SaaS platforms for the music industry.
Filings can include current reports on Form 8-K, where Destiny Media discloses significant developments. For example, the company has reported the extension of its Online Content Distribution Services Agreement with Universal Music, detailing the term of the agreement, fee structure, and the long-standing nature of this relationship. Such documents help investors understand the contractual backbone supporting the Play MPE® platform and related services.
In addition to event-driven filings, investors may consult Destiny Media’s annual and quarterly reports for consolidated financial statements, discussions of operating results, and information on product development and modernization efforts. These filings complement the company’s news releases and earnings webinars by providing structured, audited or reviewed financial data and narrative disclosures.
Stock Titan enhances this information with AI-powered summaries that explain the key points of lengthy filings, highlight important changes, and surface items such as service agreements, technology investments, and legal matters. Users can quickly identify relevant sections on topics like revenue from SaaS services, capitalized development investments, and relationships with major customers, while still having full access to the original SEC documents for deeper review.
Destiny Media Technologies Inc. has issued its definitive proxy statement for the 2026 annual general meeting on February 27, 2026 in Vancouver. Stockholders will vote on electing five directors to serve until the next annual meeting and on ratifying Davidson & Company LLP as independent registered public accounting firm for the fiscal year ending August 31, 2026.
The board currently has five members, four of whom are considered independent, and it recommends voting "FOR" all director nominees and "FOR" auditor ratification. As of January 26, 2026, the company had 9,637,410 common shares outstanding, each entitled to one vote. The proxy also summarizes board committees, executive compensation for the year ended August 31, 2025, and the ownership of major shareholders and insiders.
Destiny Media Technologies reported Q1 2026 revenue of $1,243,139, up 1.3% from the prior-year quarter, with gross margin at 85.4% versus 87.3% a year ago. Service revenue growth came mainly from more independent label customers in North America and contractual indexation under a major label agreement, partly offset by softer international markets.
Operating expenses rose 2.3% to $983,349, driven by currency effects and higher depreciation from previously capitalized software, while sales and marketing costs declined after a restructuring. Net income was $83,652, down from $118,140, but earnings per share held at $0.01. Operating cash flow strengthened to $298,600, lifting cash and cash equivalents to $1,362,500 and working capital to $1,831,647.
The company remains highly dependent on a single major customer, which contributed 43.7% of revenue and 60.9% of trade receivables in the quarter. After period-end, Destiny extended its Online Content Distribution Services Agreement with Universal Music Group through December 31, 2028, with service fees of $1.6 million for calendar 2026, increasing 2% annually, providing multi-year revenue visibility.
Destiny Media Technologies Inc. insider transaction: A reporting person who is both a director and 10% owner of Destiny Media Technologies Inc. sold 100,000 common shares on 12/19/2025 at a price of $0.46 per share. After this sale, the person beneficially owns 1,833,808 common shares directly, plus 6,000 common shares held by a spouse and 145,054 common shares held through Four Star Investments, described as a Texas partnership. The filing is made by a single reporting person and does not show any derivative securities transactions.
Destiny Media Technologies (DSNY) has extended a key services agreement with Universal Music through December 31, 2028. The Online Content Distribution Services Agreement covers use of the Play MPE® online platform by Universal Music. Service fees are set at USD $1.6 million for calendar 2026 and will increase by 2% annually for the rest of the term, with additional development work billed separately.
The filing notes that Universal Music fully transitioned to the Play MPE® platform, reducing ongoing engineering needs and shaping the new fee structure. Various Universal Music entities have used Play MPE® under services agreements since 2005, with a global agreement since 2009. This extension is described as the longest term agreed so far and the first to build in an annual inflation adjustment over multiple years.
Destiny Media Technologies (DSNY) reported modest growth but weaker profitability for the year ended August 31, 2025. Service revenue rose 2.3% to $4,524,448, driven by a 6.8% increase from major label customers, while independent label revenue fell 3.4% as larger independents spent less per campaign. Gross margin remained high at 84.8%, but operating expenses rose 20.0%, including higher non-cash amortization, MTR™ infrastructure costs, and one-time litigation expenses.
The company swung to a net loss of $637,877 from prior-year net income of $111,758, and Adjusted EBITDA declined to $202,276 from $577,284. Cash and cash equivalents were $1,117,889 with working capital of $1,634,587, reflecting continued but tighter financial flexibility. A single global customer accounted for 46.9% of revenue under a month-to-month arrangement, underscoring customer concentration risk. Destiny launched its early-stage MTR™ airplay tracking product, which currently contributes less than 1% of revenue but is being positioned for broader adoption.
The year also brought a favorable legal outcome: on October 24, 2025, the Supreme Court of British Columbia dismissed all claims brought by the former President and CEO and awarded the company its costs.
Destiny Media Technologies Inc. reported an insider ownership update on Form 5. The company’s Chief Financial Officer acquired 1,708 common shares on 08/31/2025 under an Employee Stock Purchase Plan, a transaction exempt under Rule 16b-3(c). The weighted average purchase price was $0.56, converted from C$0.78 using an exchange rate of CAD 1.3823 = USD 1.00, with individual trades between C$0.72 and C$0.82. The filing shows 1,708 shares beneficially owned directly at fiscal year-end.
Destiny Media Technologies Inc. (DSNY) disclosed an initial beneficial ownership statement on Form 3 by Chief Financial Officer Assel Mendesh.
The filing, with an event date of May 1, 2025, states: “No securities are beneficially owned.” It is marked as a Form filed by one reporting person. This is a routine administrative disclosure establishing the officer’s baseline ownership at the time of the reported event.
Fred Vandenberg, CEO and director of Destiny Media Technologies, Inc. (DSNY), filed a Form 5 reporting annual changes in beneficial ownership for the fiscal year ended
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