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D-BOX Technologies Recognized as One of Canada's Top Growing Companies by The Globe and Mail
BOXBox(BOX) GlobeNewswire News Room·2024-09-30 21:01

Core Insights - D-BOX Technologies Inc. has been recognized as one of Canada's Top Growing Companies in The Globe and Mail's 2024 Report on Business [1] - The company achieved record total revenues of 39.6millionforthefiscalyearendingMarch31,2024,reflectingarevenuegrowthof25739.6 million for the fiscal year ending March 31, 2024, reflecting a revenue growth of 257% over the past three fiscal years [1] - D-BOX has expanded its presence in the theatrical market and established itself in sim racing, simulation, and training markets, while improving profitability [1] Company Performance - D-BOX's revenue for the fiscal year 2024 was 39.6 million, marking a significant increase of 257% over the last three years [1] - The company has focused on three commercial markets: theatrical, sim racing, and simulation and training, leading to substantial profitability improvements [1] Industry Positioning - D-BOX is optimistic about the potential for haptics in commercial markets, aligning with trends in immersive entertainment and virtual training [1] - The company emphasizes the importance of real experiences in the growing experience economy, indicating a commitment to innovation in this space [1]