OverviewSuggest Edit

Destiny Media develops services that enable content owners to securely display and distribute their audio and video content digitally through the internet. Destiny has two product lines, MPE® and Clipstream®. 

Clipstream® is an automated high availability self-serve video hosting service built around a proprietary JavaScript playback system. This approach, which is protected by two dozen pending and granted patents, is much more secure and flexible than standard video approaches.

Play MPE® provides a standardized method to securely and cost effectively distribute pre-release music to radio stations and other music industry professionals before it is ready for sale. It is protected by granted security and watermark patents.

TypePublic
Founded1991
HQVancouver, CA
Websiteinvestors.dsny.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Aug 2019)29(+21%)
Revenue (FY, 2019)$3.8 M(+6%)
Share Price (May 2020)C$0.8

Key People/Management at Destiny Media Technologies

Fred Vandenberg

Fred Vandenberg

CEO
Faina Shpund

Faina Shpund

Director of Product Management
Sergei Berenson

Sergei Berenson

Director of Engineering
Alen Vitasovic

Alen Vitasovic

Director of Operations
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Destiny Media Technologies Office Locations

Destiny Media Technologies has an office in Vancouver
Vancouver, CA (HQ)
1110-1111 W Georgia St
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Destiny Media Technologies Financials and Metrics

Destiny Media Technologies Revenue

Destiny Media Technologies's revenue was reported to be $3.81 m in FY, 2019
USD

Revenue (Q2, 2020)

806.7k

Gross profit (Q2, 2020)

737.6k

Gross profit margin (Q2, 2020), %

91.4%

Net income (Q2, 2020)

(155.3k)

EBIT (Q2, 2020)

(164.1k)

Market capitalization (21-May-2020)

10.0m

Closing stock price (21-May-2020)

0.8

Cash (29-Feb-2020)

1.1m

EV

9.5m
Destiny Media Technologies's current market capitalization is C$10 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

4.0m3.7m3.6m3.3m3.3m3.4m3.6m3.8m

Cost of goods sold

310.0k

Gross profit

3.5m

Gross profit Margin, %

92%
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

1.1m894.8k1.0m1.1m880.3k873.9k922.5k810.7k942.5k955.1k743.2k803.4k847.7k763.9k875.5k892.2k781.9k897.5k973.8k815.1k921.6k984.0k879.4k970.4k1.0m806.7k

Cost of goods sold

85.3k69.1k

Gross profit

960.6k737.6k

Gross profit Margin, %

92%91%
USDY, 2020

EV/EBIT

-57.7 x

EV/CFO

-70.9 x

Financial Leverage

1.4 x
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Destiny Media Technologies Online and Social Media Presence

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Destiny Media Technologies News and Updates

Destiny Media Technologies Schedules Fourth Quarter Fiscal 2018 Earnings Release and Conference Call

VANCOUVER, Nov. 19, 2018 /PRNewswire/ - Destiny Media Technologies (TSXV: DSY) (OTCQB: DSNY), the makers of Play MPE®, a cloud-based SaaS solution for promotional music marketing, and Clipstream®, the world's first script powered video platform, today announced that the Company will hold...

Destiny Media Technologies Blogs

Destiny Media Technologies Inc. Announces Second Quarter Fiscal Year 2019 Results

Vancouver, BC – April 15, 2019 – Destiny Media Technologies (TSXV: DSY) (OTCQB: DSNY), the makers of Play MPE®, a cloud-based SaaS solution for digital asset management in the music industry, today announced financial results for its fiscal 2019 second quarter ended February 28, 2019.HighlightsHighl…

Destiny Media Technologies Schedules Second Quarter Fiscal 2019 Earnings Release and Conference Call

Vancouver, BC April 8, 2019 - Destiny Media Technologies (TSXV: DSY) (OTCQB: DSNY), the makers of Play MPE®, a cloud-based SaaS solution for promotional music marketing, today announced that the Company will hold a conference call on Monday, April 15 at 2:00 p.m. Pacific Standard Time (5:00 p.m. Eas…

Play MPE® Integrates with Nielsen’s BDSradio

VANCOUVER, March 19, 2019 – Destiny Media Technologies Inc. (“Destiny”) (TSXV: DSY) (OTCQB: DSNY), the makers of Play MPE®, a cloud-based SaaS solution for digital asset management in the music industry, today announced the integration of  Play MPE® within Nielsen’s BDSradio, providing access to hig…

Destiny Media Technologies, Inc. Announces First Quarter Fiscal Year 2019 Results

Vancouver, BC – January 14, 2019 – Destiny Media Technologies (TSXV: DSY) (OTCQB: DSNY), the makers of Play MPE®, a cloud-based SaaS solution for digital asset management in the music industry, today announced financial results for its fiscal 2019 first quarter ended November 30, 2018.HighlightsHigh…

Destiny Media Technologies Schedules First Quarter Fiscal 2019 Earnings Release and Conference Call

Vancouver, BC January 7, 2019 - Destiny Media Technologies (TSXV: DSY) (OTCQB: DSNY), the makers of Play MPE®, a cloud-based SaaS solution for promotional music marketing, and Clipstream®, the world's first script powered video platform, today announced that the Company will hold a conference call o…

Destiny Media Technologies, Inc. Announces Fiscal Year 2018 Results

Vancouver, BC – November 27, 2018 – Destiny Media Technologies (TSXV: DSY) (OTCQB: DSNY), the makers of Play MPE®, a cloud-based SaaS solution for digital asset management in the music industry, today announced financial results for fiscal 2018 year.HighlightsHighlights for the year include: Release…
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Destiny Media Technologies Frequently Asked Questions

  • When was Destiny Media Technologies founded?

    Destiny Media Technologies was founded in 1991.

  • Who are Destiny Media Technologies key executives?

    Destiny Media Technologies's key executives are Fred Vandenberg, Faina Shpund and Sergei Berenson.

  • How many employees does Destiny Media Technologies have?

    Destiny Media Technologies has 29 employees.

  • What is Destiny Media Technologies revenue?

    Latest Destiny Media Technologies annual revenue is $3.8 m.

  • What is Destiny Media Technologies revenue per employee?

    Latest Destiny Media Technologies revenue per employee is $131.3 k.

  • Who are Destiny Media Technologies competitors?

    Competitors of Destiny Media Technologies include Vigo Video, Videoder and Bittunes.

  • Where is Destiny Media Technologies headquarters?

    Destiny Media Technologies headquarters is located at 1110-1111 W Georgia St, Vancouver.

  • Where are Destiny Media Technologies offices?

    Destiny Media Technologies has an office in Vancouver.

  • How many offices does Destiny Media Technologies have?

    Destiny Media Technologies has 1 office.