$DSNY
DESTINY MEDIA TECHNOLOGIES INC

2021 Q4 Form 10-Q Financial Statement

#000106299322000976 Filed on January 13, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2020 Q4 2020 Q3
Revenue $1.134M $1.124M $1.030M
YoY Change 0.91% 7.47% 5.1%
Cost Of Revenue $117.6K $90.31K $80.00K
YoY Change 30.17% 5.9% -74.19%
Gross Profit $1.017M $1.034M $950.0K
YoY Change -1.65% 7.61% 41.79%
Gross Profit Margin 89.63% 91.96% 92.23%
Selling, General & Admin $566.4K $460.0K $360.0K
YoY Change 23.14% -8.0% 71.43%
% of Gross Profit 55.72% 44.5% 37.89%
Research & Development $258.4K $300.0K $380.0K
YoY Change -13.86% -6.25% 22.58%
% of Gross Profit 25.42% 29.02% 40.0%
Depreciation & Amortization $16.91K $20.00K $40.00K
YoY Change -15.48% -33.33% 33.33%
% of Gross Profit 1.66% 1.93% 4.21%
Operating Expenses $852.0K $784.4K $780.0K
YoY Change 8.62% -8.29% 39.29%
Operating Profit $164.6K $249.2K $170.0K
YoY Change -33.98% 136.76% 54.55%
Interest Expense $0.00 $0.00 -$20.00K
YoY Change -100.0% -300.0%
% of Operating Profit 0.0% 0.0% -11.76%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income $165.6K $250.0K $160.0K
YoY Change -33.76% 127.27% 45.45%
Income Tax $0.00
% Of Pretax Income 0.0%
Net Earnings $165.6K $250.7K $160.0K
YoY Change -33.95% 124.53% 45.45%
Net Earnings / Revenue 14.6% 22.3% 15.53%
Basic Earnings Per Share $0.02
Diluted Earnings Per Share $0.02 $0.02 $0.02
COMMON SHARES
Basic Shares Outstanding 10.26M shares 10.45M shares 10.45M shares
Diluted Shares Outstanding 10.34M shares 10.45M shares

Balance Sheet

Concept 2021 Q4 2020 Q4 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.540M $3.080M $2.620M
YoY Change -17.53% 14.93% -9.34%
Cash & Equivalents $2.536M $3.077M $1.841M
Short-Term Investments $0.00 $0.00 $780.0K
Other Short-Term Assets $110.0K $60.00K $80.00K
YoY Change 83.33% -14.29% 0.0%
Inventory
Prepaid Expenses $78.56K
Receivables $560.0K $330.0K $426.8K
Other Receivables $60.00K $30.00K $26.08K
Total Short-Term Assets $3.270M $3.500M $3.154M
YoY Change -6.57% 10.06% -4.87%
LONG-TERM ASSETS
Property, Plant & Equipment $260.0K $530.0K $194.3K
YoY Change -50.94% -36.14% -25.54%
Goodwill
YoY Change
Intangibles $22.95K
YoY Change -7.06%
Long-Term Investments
YoY Change
Other Assets $40.00K $30.00K $30.00K
YoY Change 33.33% 0.0% 0.0%
Total Long-Term Assets $540.0K $580.0K $655.5K
YoY Change -6.9% -34.83% 105.28%
TOTAL ASSETS
Total Short-Term Assets $3.270M $3.500M $3.154M
Total Long-Term Assets $540.0K $580.0K $655.5K
Total Assets $3.810M $4.080M $3.810M
YoY Change -6.62% 0.25% 4.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $100.0K $190.0K $119.4K
YoY Change -47.37% -5.0% -9.85%
Accrued Expenses $480.0K $560.0K $353.2K
YoY Change -14.29% 14.29% 16.4%
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 $590.0K $770.0K $730.5K
YoY Change -23.38% 10.0% 44.35%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $160.0K $220.0K
YoY Change -100.0% -58.97%
Total Long-Term Liabilities $0.00 $160.0K $220.0K
YoY Change -100.0% -58.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $590.0K $770.0K $730.5K
Total Long-Term Liabilities $0.00 $160.0K $220.0K
Total Liabilities $590.0K $930.0K $949.6K
YoY Change -36.56% -15.45% 87.64%
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 $3.227M $3.152M $2.860M
YoY Change
Total Liabilities & Shareholders Equity $3.810M $4.085M $3.810M
YoY Change -6.72% 0.36% 4.81%

Cashflow Statement

Concept 2021 Q4 2020 Q4 2020 Q3
OPERATING ACTIVITIES
Net Income $165.6K $250.7K $160.0K
YoY Change -33.95% 124.53% 45.45%
Depreciation, Depletion And Amortization $16.91K $20.00K $40.00K
YoY Change -15.48% -33.33% 33.33%
Cash From Operating Activities -$52.63K $441.7K $500.0K
YoY Change -111.92% 412.09% 150.0%
INVESTING ACTIVITIES
Capital Expenditures $7.997K $5.188K $10.00K
YoY Change 54.14% -49.29% -87.5%
Acquisitions
YoY Change
Other Investing Activities $0.00 $760.0K $370.0K
YoY Change -100.0% -200.0% -67.26%
Cash From Investing Activities -$80.29K $758.6K $370.0K
YoY Change -110.58% -198.95% -64.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$44.17K 0.000 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -$52.63K $441.7K 500.0K
Cash From Investing Activities -$80.29K $758.6K 370.0K
Cash From Financing Activities -$44.17K 0.000 0.000
Net Change In Cash -$216.2K $1.200M 870.0K
YoY Change -118.02% -223.45% -30.4%
FREE CASH FLOW
Cash From Operating Activities -$52.63K $441.7K $500.0K
Capital Expenditures $7.997K $5.188K $10.00K
Free Cash Flow -$60.62K $436.5K $490.0K
YoY Change -113.89% 474.19% 308.33%

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0001062993-22-000976.txt Edgar Link pending
0001062993-22-000976-xbrl.zip Edgar Link pending
dsny-20211130.xsd Edgar Link pending
dsny-20211130_cal.xml Edgar Link unprocessable
dsny-20211130_def.xml Edgar Link unprocessable
dsny-20211130_lab.xml Edgar Link unprocessable
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