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Added to YB: 2025-06-12

Pitch date: 2025-06-10

DBO.TO [bullish]

D-BOX Technologies Inc.

+230%

current return

Author Info

The Rational Formula has 15+ years as a full time investor and is sharing a quantitative system built to find mispriced small/micro caps. Sign up for the newsletter.

Company Info

D-BOX Technologies Inc. designs, manufactures, and commercializes haptic motion systems intended for theatrical entertainment, sim racing and simulation, and training business in the United States, Canada, Europe, Asia, South America, Oceania, and Africa.

Market Cap

CAD 185.8M

Pitch Price

CAD 0.30

Price Target

1.30 (+31%)

Dividend

N/A

EV/EBITDA

14.08

P/E

21.72

EV/Sales

3.51

Sector

Household Durables

Category

turnaround

Show full summary:
D-BOX Isn’t What It Used to Be

DBO.TO: Motion tech co w/ 52.3% GM, pivoting from capital-heavy to licensing model. Profitable now ($2M net income in best Q ever), $5M net cash, 7.5x EV/EBITDA. Cinema royalties (80% margin) grew to 25% of rev, up from 10%. New CEO signals platform focus. Risks: revenue lumpiness, FX exposure, cinema perception, Cinemark concentration.

Read full article (10 min)