Destiny Media Technologies

DSNY

Software - Application · Technology

Price

$0.68

+0.14 (+25.93%)

Market Cap

$6.6M

Winston Score

Winston is worried

Weak fundamentals across most pillars.

Data as of Aug 23, 2026 · filings through May 31, 2026

How the score breaks down

Quality

Mixed

Growth

Weak

Cash Flow

Weak

Stability

Data not available

Valuation

Data not available

Track this stock — start free trial

Share count falling — buybacks

−8.1% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 10.5M (2021) → 9.6M (2025)

Winston Score History

The full picture

Destiny Media Technologies is a small Canadian software company that helps music labels and artists send digital audio files securely to radio stations, streaming services, and music reviewers. Its main product is called Play MPE, a platform used to distribute promotional music before it is released to the public. The company serves music industry clients across North America, Europe, and Australia.

Destiny makes money by charging music labels and distributors fees to send tracks through its platform. It is a niche business with a relatively loyal customer base in the music promotion workflow, which gives it some stickiness, but it operates at a loss and has a very small market cap. The biggest risk the company faces is its narrow focus — if major labels shift to alternative distribution methods or build their own tools, Destiny's small customer base could shrink quickly.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-8.4% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-194.7% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$2M/ year

↑ Rising (+16% vs prior year)

39.1% of revenue

2.6x the sector average (15%)

Investing heavily in future products and technology

Insider Activity

36.6%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$1M cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Company generates more cash than it spends — no dilution risk from fundraising

Heavy R&D investment

Destiny Media Technologies is putting 39% of revenue into R&D and that number is rising. That's 2.6x the sector average. And they're generating enough cash to self-fund it.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

68.2%

Premium pricing power — 68.2% gross margin

Profit after running costs

Operating Margin

-23.3%

Losing money on operations — -23.3%

Return on the money invested

ROCE

-70.1%

Weak — -70.1% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+1.9%

Nearly flat sales (+1.9% YoY)

Profit growth

EPS YoY

N/A

Data not available

How steady the profit is

EPS Consistency

0/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

N/A

Data not available

Spare cash per sale

FCF Margin

4.3%

Thin free cash flow (4.3%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

N/A

Data not available

Covers its interest

Interest Cover

N/A

—

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

N/M

Negative earnings — P/E not meaningful

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial