Recurring Revenue Drives Margin Expansion Recurring revenue accounted for 42% of quarterly sales, up from 28% a year earlier.

For the first half of fiscal 2027, revenue declined 13% to CAD 25.5 million, while recurring revenue increased 19%.

In response to a question about an exhibitor’s faster growth in motion-seat revenue, Prasad said D-BOX earns a royalty on every paid D-BOX admission and has no utilization-based cap.

Reported operating expenses rose to CAD 5.1 million from CAD 4.3 million, primarily because share-based compensation increased to CAD 1.4 million from CAD 0.1 million.

About D-BOX Technologies DBO D-BOX redefines and creates realistic, immersive and haptic entertainment experiences by providing whole-body feedback and stimulating the imagination through movement.