Destiny Media Shows Q2 EBITDA Growth
July 15, 2010 at 2:35 PM (PT)
DESTINY MEDIA TECHNOLOGIES saw its EBITDA grew for Q2 to approximately $260,000 (129% higher than prior year) on total revenue of $952,000 (43% higher than prior year). Over the nine-month period ending MAY 31st, 2010, EBITDA grew to approximately $788,000 on revenue of $2,870,000 (70% higher than prior year).
Play MPE® revenue continues to grow in all geographic segments. Revenue, which has grown by an average of 20% quarter over quarter (>100% growth on an annual basis) for the past four years, is expected to continue to grow as a result.