The following is a summary of the D-BOX Technologies Inc. (DBOXF) Q4 2024 Earnings Call Transcript:

Financial Performance:

• D-BOX Technologies reported full year total revenues of $39.6 million, up 16% from the prior year.

• System sales revenue reached $30.9 million, an increase of 21% from the prior year.

• Adjusted EBITDA was $3.1 million for the year, up 71% year-over-year.

• Net income was $1.1 million, up significantly over the last two years with record profitability primarily driven by commercial market segments.

Business Progress:

• Expanded theatrical footprint, adding 111 net new cinema screens, bringing the total to 929.

• Introduced a new luxury compact haptic seat and a racing offering for theatrical exhibitors at CinemaCon.

• Announced partnerships and expanded into the F1 arcade venues, with new locations opening in Boston, Washington D.C., and planned for Las Vegas in 2025.

• Continued dominance in the simulation and training market with trends towards haptic-equipped simulators and more compact, cost-effective training solutions.

Opportunities:

• Focus on expanding the theatrical presence and reaching a milestone of 1,000 screens in the next 12 to 18 months.

• Driving market adoption of new product offerings like the luxury compact haptic seat and scaling the footprint of F1 Arcade locations equipped with D-BOX technology.

Risks:

• Potential short-term impact on financial performance due to lingering effects of the Hollywood Guild strike and a cautious economic environment.

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