$DSNY
DESTINY MEDIA TECHNOLOGIES INC

2020 Q4 Form 10-Q Financial Statement

#000106299321000318 Filed on January 13, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q4
Revenue $1.124M $1.030M $1.046M
YoY Change 7.47% 5.1% 6.72%
Cost Of Revenue $90.31K $80.00K $85.28K
YoY Change 5.9% -74.19% 6.6%
Gross Profit $1.034M $950.0K $960.6K
YoY Change 7.61% 41.79% 5.56%
Gross Profit Margin 91.96% 92.23% 91.85%
Selling, General & Admin $460.0K $360.0K $500.0K
YoY Change -8.0% 71.43% 28.21%
% of Gross Profit 44.5% 37.89% 52.05%
Research & Development $300.0K $380.0K $320.0K
YoY Change -6.25% 22.58% 10.34%
% of Gross Profit 29.02% 40.0% 33.31%
Depreciation & Amortization $20.00K $40.00K $30.00K
YoY Change -33.33% 33.33% -51.29%
% of Gross Profit 1.93% 4.21% 3.12%
Operating Expenses $784.4K $780.0K $855.3K
YoY Change -8.29% 39.29% 22.19%
Operating Profit $249.2K $170.0K $105.3K
YoY Change 136.76% 54.55% -49.87%
Interest Expense $0.00 -$20.00K $10.00K
YoY Change -100.0% -300.0% -50.0%
% of Operating Profit 0.0% -11.76% 9.5%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income $250.0K $160.0K $110.0K
YoY Change 127.27% 45.45% -50.0%
Income Tax
% Of Pretax Income
Net Earnings $250.7K $160.0K $111.7K
YoY Change 124.53% 45.45% -49.25%
Net Earnings / Revenue 22.3% 15.53% 10.68%
Basic Earnings Per Share
Diluted Earnings Per Share $0.02 $0.02 $0.01
COMMON SHARES
Basic Shares Outstanding 10.45M shares 10.45M shares 11.95M shares
Diluted Shares Outstanding 10.45M shares 11.95M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.080M $2.620M $2.680M
YoY Change 14.93% -9.34% 8.5%
Cash & Equivalents $3.077M $1.841M $1.545M
Short-Term Investments $0.00 $780.0K $1.140M
Other Short-Term Assets $60.00K $80.00K $70.00K
YoY Change -14.29% 0.0% 75.0%
Inventory
Prepaid Expenses $78.56K
Receivables $330.0K $426.8K $420.0K
Other Receivables $30.00K $26.08K $10.00K
Total Short-Term Assets $3.500M $3.154M $3.180M
YoY Change 10.06% -4.87% 10.8%
LONG-TERM ASSETS
Property, Plant & Equipment $530.0K $194.3K $830.0K
YoY Change -36.14% -25.54% 453.33%
Goodwill
YoY Change
Intangibles $22.95K
YoY Change -7.06%
Long-Term Investments
YoY Change
Other Assets $30.00K $30.00K $30.00K
YoY Change 0.0% 0.0% 0.0%
Total Long-Term Assets $580.0K $655.5K $890.0K
YoY Change -34.83% 105.28% 304.55%
TOTAL ASSETS
Total Short-Term Assets $3.500M $3.154M $3.180M
Total Long-Term Assets $580.0K $655.5K $890.0K
Total Assets $4.080M $3.810M $4.070M
YoY Change 0.25% 4.81% 31.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $190.0K $119.4K $200.0K
YoY Change -5.0% -9.85% 33.33%
Accrued Expenses $560.0K $353.2K $490.0K
YoY Change 14.29% 16.4% 188.24%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $770.0K $730.5K $700.0K
YoY Change 10.0% 44.35% 79.49%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $160.0K $220.0K $390.0K
YoY Change -58.97%
Total Long-Term Liabilities $160.0K $220.0K $390.0K
YoY Change -58.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $770.0K $730.5K $700.0K
Total Long-Term Liabilities $160.0K $220.0K $390.0K
Total Liabilities $930.0K $949.6K $1.100M
YoY Change -15.45% 87.64% 182.05%
SHAREHOLDERS EQUITY
Retained Earnings -$6.171M
YoY Change -2.67%
Common Stock $10.45K
YoY Change -5.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.152M $2.860M $2.968M
YoY Change
Total Liabilities & Shareholders Equity $4.085M $3.810M $4.070M
YoY Change 0.36% 4.81% 31.72%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q4
OPERATING ACTIVITIES
Net Income $250.7K $160.0K $111.7K
YoY Change 124.53% 45.45% -49.25%
Depreciation, Depletion And Amortization $20.00K $40.00K $30.00K
YoY Change -33.33% 33.33% -51.29%
Cash From Operating Activities $441.7K $500.0K $86.25K
YoY Change 412.09% 150.0% -66.83%
INVESTING ACTIVITIES
Capital Expenditures $5.188K $10.00K $10.23K
YoY Change -49.29% -87.5% 2.31%
Acquisitions
YoY Change
Other Investing Activities $760.0K $370.0K -$760.0K
YoY Change -200.0% -67.26%
Cash From Investing Activities $758.6K $370.0K -$766.6K
YoY Change -198.95% -64.76% 7566.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $291.9K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000 -$291.9K
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities $441.7K 500.0K $86.25K
Cash From Investing Activities $758.6K 370.0K -$766.6K
Cash From Financing Activities 0.000 0.000 -$291.9K
Net Change In Cash $1.200M 870.0K -$972.2K
YoY Change -223.45% -30.4% -488.9%
FREE CASH FLOW
Cash From Operating Activities $441.7K $500.0K $86.25K
Capital Expenditures $5.188K $10.00K $10.23K
Free Cash Flow $436.5K $490.0K $76.01K
YoY Change 474.19% 308.33% -69.59%

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Files In Submission

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0001062993-21-000318-index-headers.html Edgar Link pending
0001062993-21-000318-index.html Edgar Link pending
0001062993-21-000318.txt Edgar Link pending
0001062993-21-000318-xbrl.zip Edgar Link pending
dsny-20201130.xml Edgar Link completed
dsny-20201130.xsd Edgar Link pending
dsny-20201130_cal.xml Edgar Link unprocessable
dsny-20201130_def.xml Edgar Link unprocessable
dsny-20201130_lab.xml Edgar Link unprocessable
dsny-20201130_pre.xml Edgar Link unprocessable
exhibit31-1.htm Edgar Link pending
exhibit31-2.htm Edgar Link pending
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