D-BOX Technologies (DBO) investor relations material

Executive summary

• Achieved strong first quarter results with record royalties of CAD 5.0 million, up 25% year-over-year, driving a 3% increase in total revenues to CAD 13.4 million and marking the first public earnings call.

• Adjusted EBITDA rose 28% to CAD 4.3 million (32% margin), and net profit before taxes increased 51% to CAD 2.9 million.

• Focused on expanding recurring royalty revenue, leveraging a scalable, fixed-cost business model, and executing a clear growth strategy.

• Added major new U.S. exhibitor partnerships, demonstrating accelerating momentum and validating the business case.

• Operating leverage from a growing installed base and higher recurring revenues improved profitability and margins.

Financial highlights

• Total revenues reached CAD 13.4 million, up 3% year-over-year; gross profit was CAD 7.9 million (59% margin), up from 56% last year.

• Recurring rights-for-use, rental, and maintenance revenues grew 25% year-over-year to a record CAD 5 million.

• Operating expenses decreased 6% to CAD 5.0 million, now 38% of revenues versus 41% last year.

• Net profit reached CAD 2.9 million, or CAD 0.013 per basic share, up from CAD 2.0 million, or CAD 0.009 per share.

• Ended the quarter with CAD 17.8 million in cash and cash equivalents, working capital of CAD 27.6 million, and shareholders’ equity of CAD 37.9 million.

Outlook and guidance

• Significant growth runway remains, with less than 1% global cinema screen penetration and under 2% in North America.

• Expect continued expansion in recurring royalty revenue and margin improvement as the install base grows.

• Management highlights the importance of trailing twelve-month performance due to sales seasonality.

• No specific guidance on new screen additions, but management aims to sustain or grow the current pace, subject to customer adoption and seasonality.

• Forward-looking statements emphasize continued strength in royalty revenues and operational discipline.