Company: DSNY
Filing Date: 2025-11-24
Form Type: 10-K
Source: 0001062993-25-016994
Chunk: 214

Company: DESTINY MEDIA TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: 10-K
Item: Item 6
Chunk 214
---
 operating expenses and the results of operations are impacted, to the extent they are not hedged, by the rise and fall of the relative values of the Canadian dollar to these currencies. We do not believe aggregated foreign exchange fluctuations in the Euro, and the Australian, Canadian, and US dollars have had a material effect on our results of operations during the years presented.

                18

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

                    DESTINY MEDIA TECHNOLOGIES, INC.

                    INDEX TO FINANCIAL STATEMENTS

                    Report of Independent Registered Public Accounting Firm (PCAOB ID No. 731)
                    20

                    Consolidated Balance Sheets as of August 31, 2025 and 2024
                    22

                    Consolidated Statements of Comprehensive Income (Loss) for the years ended August 31, 2025 and 2024
                    23

                    Consolidated Statements of Stockholders' Equity for the years ended August 31, 2025 and 2024
                    24

                    Consolidated Statements of Cash Flows for the years ended August 31, 2025 and 2024
                    25

                    Notes to Consolidated Financial Statements for the years ended August 31, 2025 and 2024
                    26

                19

Report of Independent Registered Public Accounting Firm

To the Shareholders and Directors of

Destiny Media Technologies Inc.

Opinion on the Consolidated Financial Statements

We have audited the accompanying consolidated balance sheet of Destiny Media Technologies Inc. (the "Company"), as of August 31, 2025, and the related consolidated statements of comprehensive income (loss), stockholders' equity, and cash flows for the year ended August 31, 2025, and the related notes (collectively referred to as the "consolidated financial statements"). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of August 31, 2025, and the results of its operations and its cash flows for the year ended August 31, 2025 in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These consolidated financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's consolidated financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB")