Destiny Media Technologies Inc (DSNY) Q4 2025 Earnings Call Highlights: Strategic Shifts and …

This article first appeared on GuruFocus.

Release Date: November 24, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

• Destiny Media Technologies Inc (DSNY) successfully transitioned its largest client to an online platform, resulting in cost savings and improved efficiency.

• The launch of Castr and Castor Plus has enabled self-service capabilities, allowing customers to sign up and distribute content independently, enhancing scalability.

• The company has modernized its platform, leading to a reduction in platform investments and improved list management and client processing systems.

• Revenue from major labels increased by 6.8%, indicating strong growth from the largest enterprise customer.

• The company resolved litigation in its favor, expecting a reasonably large award of costs, which could positively impact financials.

• Independent label revenue declined by 3.4%, despite an increase in the number of customers and new accounts.

• The company faced increased operating expenses, including non-cash amortization and one-time litigation costs, leading to a decrease in adjusted EBITDA.

• Meter revenue, although up significantly, still represents less than 1% of total revenue, indicating limited impact on overall financial performance.

• The emergence of competitive solutions, such as Apple’s free service, poses challenges to sales growth for Destiny Media Technologies Inc (DSNY).

• The company has not yet achieved its sales targets for the Meter platform and is operating at a small loss, indicating challenges in market penetration.

Q: Can you advise the plan to increase shareholder value and if there is a plan to return value to investors in some capacity? A: The board is considering alternatives on how much to invest for growth. The issue is whether to pursue a value approach or continue investing in product development for growth and diversification. Cost reductions have been achieved, and recommendations have been made to the board. The company is exploring the most efficient ways to return capital to shareholders.

Q: What percentage of the market does Play MPE feel they currently have? A: It’s challenging to determine precisely, but it’s estimated to be between 5 and 10%. With the launch of Cather and Castr Plus, the company can integrate more easily with partners and resellers. Destiny Media is regarded as a market leader in radio, which helps in industry perception and growth potential.