7/31/2023 0 Comments Dbox technologies![]() And last month, we announced our Mercedes-branded multipurpose haptic platform, which will be available for on-line purchase by the end of February. During the quarter, Kindred Concepts opened its first state-of-the art F1 racing simulation center called F1 Arcade, featuring 60 D-BOX-equipped simulators in London, England, with 30 locations planned over the next five years and we announced collaborations with leading sim racing equipment designers, manufacturers and marketers, RSEAT and Trak Racer. D-BOX is poised for growth across multiple key markets. “While we continue to build upon our leadership position in the theatrical market, we are much more than a great movie theatre partner. Importantly, our order book remains strong, and we have several highly anticipated movies being released with D-BOX's haptic experience in the current quarter, including Ant-Man and the Wasp: Quantumania, Shazam: Fury of the Gods, John Wick: Chapter 4, and Dungeons and Dragons: Honor Among Thieves.” ![]() “System sales for the quarter were very strong and we achieved our sixth consecutive quarter of positive adjusted EBITDA. “The third quarter was our second-best quarter ever in terms of revenue, building on our strong fiscal 2023 year-to-date performance,” said Sébastien Mailhot, President and Chief Executive Officer of D-BOX. All dollar amounts are expressed in Canadian currency. (“D-BOX” or the "Corporation") (TSX: DBO) a world leader in haptic and immersive experiences, today reported financial results for the third quarter of fiscal 2023 ended December 31, 2022. 09, 2023 (GLOBE NEWSWIRE) - D-BOX Technologies Inc. Net loss decreased to $0.1 million compared to $0.3 million in the third quarter of 2022 ![]() Sixth consecutive quarter of positive adjusted EBITDA * System sales revenues increased 143% to $8.4 million Total revenues grew 87% to $10.5 million compared to same quarter last year Strong surge in system sales drives second best revenue quarter on record ![]()
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