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.

Employee Rating

3.6More
TypePublic
HQVancouver, CA
Founded1991
Size (employees)22 (est)
Websitedsny.com
Destiny Media Technologies was founded in 1991 and is headquartered in Vancouver, CA
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Key People/Management at Destiny Media Technologies

Fred Vandenberg

Fred Vandenberg

President and Chief Executive Officer

Destiny Media Technologies Office Locations

Destiny Media Technologies has an office in Vancouver
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Destiny Media Technologies Financials and Metrics

Destiny Media Technologies Revenue

USD

Net income (FY, 2018)

656.3k

EBIT (FY, 2018)

649.4k

Cash (30-Nov-2017)

1.8m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Sales and marketing expense

1.2m1.4m1.4m1.3m982.0k888.2k

General and administrative expense

890.4k1.4m1.1m802.4k730.5k840.4k

R&D expense

1.2m1.1m1.4m1.3m1.3m1.1m

Operating expense total

3.3m3.9m4.1m3.5m3.2m3.0m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Revenue

942.5k743.2k803.4k763.9k875.5k781.9k897.5k921.6k

Sales and marketing expense

330.8k331.0k422.5k360.9k350.6k302.2k257.5k247.4k256.0k232.5k259.1k237.2k

General and administrative expense

271.9k293.7k246.9k268.0k235.4k158.2k202.0k178.9k209.9k137.4k150.9k183.9k

R&D expense

237.8k364.0k411.3k348.7k319.0k331.7k362.9k324.7k346.5k327.8k303.1k290.5k
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

1.5m990.0k387.3k662.7k1.3m

Accounts Receivable

16.6k78.0k15.5k15.1k21.2k

Current Assets

2.2m1.9m936.2k1.5m2.0m

PP&E

235.0k315.2k401.5k285.0k116.2k
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

1.0m876.5k577.1k419.4k642.0k673.0k756.4k961.7k939.4k1.2m1.8m

Accounts Receivable

83.7k43.7k10.2k27.0k35.7k7.7k26.1k31.8k13.4k

Current Assets

1.9m1.8m1.3m1.1m1.4m1.3m1.3m1.7m1.7m1.7m2.2m

PP&E

315.1k282.6k324.0k421.8k412.5k403.1k399.2k154.4k137.1k117.8k171.5k
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

226.0k(324.4k)(1.6m)(188.3k)288.8k656.3k

Depreciation and Amortization

123.9k148.2k182.9k191.4k153.4k105.9k

Accounts Payable

(113.4k)96.6k18.5k(31.3k)9.0k14.2k

Cash From Operating Activities

517.6k(336.8k)(69.6k)(162.8k)1.1m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Net Income

(250.3k)(56.3k)(218.4k)(101.0k)(176.4k)104.1k35.9k202.1k233.5k484.5k

Depreciation and Amortization

104.1k35.8k49.8k103.0k41.9k83.5k120.5k25.7k79.2k

Accounts Payable

25.4k126.1k212.6k178.4k9.0k27.7k87.9k179.8k28.7k(3.9k)114.1k39.9k

Cash From Operating Activities

(227.4k)(174.2k)(76.6k)314.4k575.2k526.4k880.4k
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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...
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Destiny Media Technologies Blogs

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…

Destiny Media Technologies Company Life and Culture

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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.

  • How many employees does Destiny Media Technologies have?

    Destiny Media Technologies has 22 employees.

  • Who are Destiny Media Technologies competitors?

    Competitors of Destiny Media Technologies include Qobuz, Kanisi and Flipagram.

  • 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.