Added to YB: 2025-06-26
Pitch date: 2025-06-26
DBO.TO [bullish]
D-BOX Technologies Inc.
+412%
current return
Author Info
Company Info
D-BOX Technologies Inc. designs, manufactures, and commercializes haptic motion systems intended for theatrical entertainment, sim racing and simulation, and training customers in North and South America, Europe, Africa, Asia, and Oceania.
Market Cap
CAD 271.1M
Pitch Price
CAD 0.25
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.76
P/E
16.05
EV/Sales
4.47
Sector
Household Durables
Category
growth
An Overlooked Razor-Razorblade Model at 7× Free Cash Flow
DBO.TO: D-Box, motion/haptic cinema seats w/ razor-razorblade royalty model (~$1.50/ticket, ~100% GM). CA$52M mkt cap, ~7x NTM FCF (~CA$5M FCF FY25). Growing install base 1,012→1,500 screens/3yrs boosts margins. Activist Daniel Marks (Stonehouse) on board drove CEO change, may spur buybacks/segment sale. Risks: Cinemark ~50% concentration, lumpy royalties, illiquid (~CA$100k ADV), FX, tariffs.
Read full article (6 min)