Destiny Media FY26 Q3 net loss widens to $213,327; revenue drops 8.4% to $1.04 million

• Destiny Media Technologies posted a net loss of USD 213,327 for the quarter ended May 31, 2026, widening from the prior-year quarter.
• Revenue fell 8.4% to USD 1.04 million, pressured by a longer-term major-label agreement that removed certain short-term pricing.
• Operating loss widened to USD 224,333 as operating expenses rose 4.6% to USD 1.1 million, including a one-time employee-related charge.
• Gross margin slipped 1.7 percentage points to 84% on higher salaries and wages in cost of revenue tied to temporary responsibility shifts.
• For the nine months ended May 31, revenue edged down 2.8% to USD 3.29 million while net loss widened to USD 695,985.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Destiny Media Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-26-003637), on July 14, 2026, and is solely responsible for the information contained therein.