Stingray Group Inc.

Stingray Group Inc.

RAY · TO · Communication Services / Broadcasting

17.43CAD-0.57 (-3.17%)

Price History

Full chart

Market Stats

Previous Close18.00
Open18.01
Day Range17.42 – 18.05
52-Week Range9.70 – 17.70
Volume44.03K
Market Cap1.06B
P/E (TTM)0.00
Forward P/E7.69
EPS-0.57
Dividend Yield2.18%
Beta0.91
50-Day Avg15.56
200-Day Avg15.21

About

Stingray Group Inc. operates as a music, media, and technology company in Canada, the United States, and internationally. It operates through Broadcasting and Commercial Music and Radio segments. The company offers music, digital advertising services to enterprise brands, including audio and video channels, radio stations, premium television channels, digital TV, IPTV, subscription video-on-demand content, free and ad-supported TV (FAST) channels, karaoke products and music apps, and in-car and on-board infotainment content. It also provides commercial solutions in music, in-store advertising solutions, digital signage, AI-driven consumer insights and feedback, delivers digital audio messaging and audio advertising; content distributors including television operators, streaming platforms, and automotive original equipment manufacturers. In addition, the company offers subscription video on demand, such as Qello Concerts by Stingray, Stingray Classica, Stingray DJAZZ, Stingray Karaoke, Stingray Naturescape, ZenLIFE by Stingray, and The Coda Collection. It also offers FAST channels, including Stingray Music, Qello Concerts by Stingray, Stingray Classica, Stingray DJAZZ, Stingray CMusic, Stingray Karaoke, Stingray Naturescape, Stingray Holidayscapes, ZenLIFE by Stingray, Ultimate Trivia by Stingray, Stingray Cozy Café, Stingray Stargaze, Stingray Cityscapes, Movie Music by Stingray, Loupe Art, and EarthDay 365. The company distributes its products through various platforms, including digital cable TV, satellite TV, IPTV, OTT, the internet, mobile devices, game consoles, and connected cars. It serves cable and telecom companies, retailers, and small and medium businesses, as well as direct consumers. The company was formerly known as Stingray Digital Group Inc. and changed its name to Stingray Group Inc. in December 2018. Stingray Group Inc. was founded in 2007 and is headquartered in Montreal, Canada.

Company Details

  • SectorCommunication Services
  • IndustryBroadcasting
  • CEOMr. Eric Boyko C.P.A., CGA
  • Employees1.00K
  • Headquarters730 Wellington Street, Montreal, QC, Canada, H3C 1T4, Canada
  • Websitehttps://www.stingray.com

Leadership

  • Mr. Eric Boyko C.P.A., CGACo-Founder, Director, President & CEO · b. 1970
  • Ms. Marie-Helene FournierInterim CFO, VP of Mergers & Acquisitions, Human Resources & Investor Relations
  • Mr. Mario DuBoisSenior VP & CTO
  • Mr. Lloyd Perry FeldmanSenior VP, General Counsel & Corporate Secretary
  • Mr. Mathieu PeloquinSenior Vice President of Marketing & Communications · b. 1971
  • Mr. Jean-Pierre Trahan C.A., CPAChief Financial Officer (Leave of Absence)
  • Mr. David PurdyChief Revenue Officer · b. 1966
  • Mr. Rick BerganHead of Content Distribution - United States
  • Mr. Ryan FussSenior Vice-President of Advertising Sales
  • Ms. Melanie McCoolSenior Vice President of Legal & Strategic Affairs, USA

Financials

Income Statement

Currency: CAD2013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue48.91M60.02M70.99M89.94M101.50M126.95M212.65M306.72M247.86M282.63M323.94M345.43M386.89M457.77M
Growth (%)-+22.72%+18.27%+26.70%+12.85%+25.08%+67.50%+44.24%-19.19%+14.03%+14.62%+6.63%+12.00%+18.32%
Cost of Revenue23.24M28.87M23.28M31.41M35.27M44.23M166.52M222.83M171.21M213.80M234.29M257.48M286.06M363.75M
Gross Profit25.66M31.16M47.71M58.78M66.23M82.73M46.13M83.89M76.64M68.82M89.66M87.95M100.83M94.02M
Gross Margin52.48%51.91%67.20%65.35%65.25%65.16%21.69%27.35%30.92%24.35%27.68%25.46%26.06%20.54%
Operating Expense15.51M19.08M23.35M29.81M57.48M76.67M7.24M7.25M7.56M11.15M10.19M04.07M0
Operating Income10.15M12.08M24.36M28.97M8.75M6.06M38.89M76.65M69.08M57.67M79.47M87.95M96.76M94.02M
Operating Margin20.76%20.12%34.31%32.21%8.62%4.77%18.29%24.99%27.87%20.41%24.53%25.46%25.01%20.54%
EBITDA18.60M21.78M24.71M27.08M25.46M24.92M69.77M116.34M106.98M92.67M111.67M60.28M102.08M132.38M
EBITDA Margin38.04%36.28%34.81%30.11%25.08%19.63%32.81%37.93%43.16%32.79%34.47%17.45%26.39%28.92%
Net Income5.64M8.69M6.61M13.88M10.72M2.30M-11.99M13.97M45.10M33.29M30.12M-13.74M36.44M-28.57M
Net Income Margin11.53%14.48%9.31%15.43%10.56%1.81%-5.64%4.55%18.20%11.78%9.30%-3.98%9.42%-6.24%
R&D4.59M5.55M5.97M8.46M8.96M10.65M7.24M7.25M7.56M11.15M10.19M---
R&D as % of Total Revenue9.39%9.25%8.41%9.41%8.83%8.39%3.41%2.36%3.05%3.94%3.15%---
Interest Expense3.35M3.13M4.33M1.89M1.38M1.45M10.29M17.46M17.78M14.30M22.80M27.86M24.72M24.13M
Interest Expense % of Total Revenue6.85%5.22%6.10%2.10%1.36%1.14%4.84%5.69%7.17%5.06%7.04%8.07%6.39%5.27%

Balance Sheet

Currency: CAD2013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets-98.08M125.17M176.11M195.49M243.71M835.06M867.99M822.84M883.70M895.20M811.57M816.66M1.03B
Total Liabilities-103.30M143.01M86.68M100.55M114.10M547.53M594.10M548.14M610.17M608.93M562.98M549.82M815.52M
Total Equity--5.21M-17.84M90.39M94.95M129.61M287.54M273.90M274.69M273.53M286.27M248.58M266.83M211.54M
Cash--1.31M3.20M5.86M3.36M4.67M2.51M9.04M14.56M15.45M9.61M13.98M20.75M
Total Debt-72.58M108.74M35.03M41.04M38.63M362.49M394.62M365.66M409.35M412.24M386.70M360.16M547.41M
Net Debt-72.58M107.42M31.83M35.18M35.27M357.82M392.10M356.62M394.79M396.79M377.09M346.18M526.67M

Cash Flow

Currency: CAD2013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow15.95M12.85M9.91M18.97M22.77M19.39M34.75M88.14M104.25M83.66M86.95M118.53M105.04M93.39M
Investing Cash Flow-4.29M-17.77M-23.01M-29.76M-15.76M-41.58M-483.58M-17.95M5.43M-18.63M-20.61M-16.64M-17.40M-231.87M
Financing Cash Flow-12.13M4.61M14.76M12.68M-4.34M19.70M450.14M-72.36M-103.15M-59.51M-65.45M-107.72M-83.36M145.10M
Capital Expenditure827.00K2.31M2.44M3.43M8.75M8.96M20.56M14.38M13.43M17.05M15.46M14.04M15.06M7.56M
Free Cash Flow15.13M10.54M7.47M15.54M14.01M10.42M14.20M73.77M90.81M66.61M71.49M104.48M89.98M85.83M
Dividends Paid24.60M14.70M20.05M4.83M8.20M10.79M16.01M21.22M21.97M21.25M20.88M20.72M20.49M21.74M
FCF to OCF94.82%82.01%75.38%81.92%61.56%53.77%40.85%83.69%87.12%79.62%82.22%88.15%85.66%91.90%
Dividend Paid to FCF162.63%139.47%268.43%31.08%58.53%103.49%112.77%28.76%24.19%31.91%29.21%19.83%22.77%25.33%

Earnings

Report DateJun 3, 2015Aug 12, 2015Nov 12, 2015Feb 4, 2016Jun 16, 2016Aug 3, 2016Nov 10, 2016Feb 2, 2017Jun 8, 2017Aug 2, 2017Nov 9, 2017Feb 8, 2018Jun 7, 2018Aug 8, 2018Nov 7, 2018Feb 6, 2019Jun 6, 2019Aug 6, 2019Nov 6, 2019Feb 5, 2020Jun 4, 2020Aug 4, 2020Nov 4, 2020Feb 3, 2021Jun 3, 2021Aug 3, 2021Nov 9, 2021Feb 8, 2022Jun 7, 2022Aug 3, 2022Nov 8, 2022Feb 7, 2023Jun 7, 2023Aug 8, 2023Nov 7, 2023Feb 6, 2024Jun 5, 2024Aug 6, 2024Nov 5, 2024Feb 4, 2025Jun 11, 2025Aug 5, 2025Nov 11, 2025Feb 10, 2026Jun 9, 2026Aug 10, 2026Nov 10, 2026
EPS Estimate-0.010.090.04-0.120.110.13-0.120.120.13-0.130.140.23-0.190.200.23-0.170.210.22-0.200.200.220.18-0.200.26-0.210.210.29-0.210.220.330.240.270.310.370.330.450.51
EPS Actual0.040.120.120.120.060.100.100.120.090.110.100.110.080.100.120.180.050.210.160.22-0.120.180.220.290.170.160.230.240.170.130.150.240.060.170.210.27-0.670.200.240.340.270.310.320.380.310.40-
Surprise-1100.00%33.33%200.00%--16.67%-9.09%-7.69%--8.33%-16.67%-15.38%--23.08%-14.29%-21.74%-10.53%-20.00%-4.35%-5.88%4.76%31.82%--20.00%15.00%9.09%-5.56%--25.00%-7.69%--19.05%0.00%-6.90%--4.76%9.09%3.03%11.80%14.81%3.23%2.70%-6.06%-11.91%-
Timing-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-Pre-market

Key Statistics & Ratios

Market Cap1.06B
Enterprise Value1.62B
Trailing P/E0.00
Forward P/E7.69
Price / Sales2.03
Price / Book5.11
EPS-0.57
Book Value3.05
Revenue (TTM)520.15M
Gross Profit (TTM)149.21M
EBITDA134.39M
Profit Margin-7.45%
Operating Margin19.58%
Return on Equity-16.04%
Return on Assets6.84%
Shares Outstanding54.06M
Shares Float38.17M
Beta0.91
Dividend Yield2.18%
Dividend Rate0.34
Payout Ratio24.11%

Dividends

20263×
0.09Aug 31, 20260.09May 29, 20260.09Feb 27, 2026
20254×
0.09Nov 28, 20250.07Aug 29, 20250.07May 30, 20250.07Feb 28, 2025
20244×
0.07Nov 29, 20240.07Aug 30, 20240.07May 31, 20240.07Feb 28, 2024
20234×
0.07Nov 29, 20230.07Aug 30, 20230.07May 30, 20230.07Feb 27, 2023
20224×
0.07Nov 29, 20220.07Aug 30, 20220.07May 30, 20220.07Feb 25, 2022
20214×
0.07Nov 29, 20210.07Aug 30, 20210.07May 28, 20210.07Feb 25, 2021
20201×
0.07Nov 27, 2020