Variable Subordinate Voting Shares (RAY.B), plus the latest news, recent trades, charting, insider activity, and analyst ratings. For the third quarter, the Corporation reported a Net income of $14.1 million ($0.19 per share) compared to $8.1 million ($0.11 per share) a year ago. Back. Historical and current end-of-day data provided by FACTSET. All quotes are in local exchange time. What Is Insider Selling? We would … Our method of calculating such financial measures may differ from the methods used by other issuers and, accordingly, our definition of these non-IFRS financial measures may not be comparable to similar measures presented by other issuers. Why is Stingray Digital Group Inc. stock dropping? Most investors know that it is quite permissible for company leaders, such as directors of the board, to buy and sell stock in the company. Unternehmen. The Corporation’s focus will be to continue to closely monitor its cash position and control its operating expenses while capitalizing on its growth opportunities. Adjusted free cash flow generated in Q3 2021 amounted to $19.6 million compared to $21.0 million for Q3 2020. MONTREAL, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Stingray Group Inc. (TSX: RAY.A; RAY.B) (the “Corporation”; “Stingray”), a leading distributor of audio and video music brands in the world, today announced its financial results for the third quarter of Fiscal 2021. Stingray Group Inc. It broadcasts high quality music and video content on a number of platforms including digital TV, satellite TV, IPTV, the Internet, mobile devices and game consoles. Indicators. Stingray Group Inc. historical stock charts and prices, analyst ratings, financials, and today’s real-time RAY.A stock price. View which stocks have been most impacted by COVID-19. So shareholders might well want to know whether insiders have been buying or selling shares in Stingray Group Inc. . Notwithstanding a 21.8% decline in revenues, the Adjusted EBITDA margin not only remained healthy but actually improved to 42.6% compared to last year. Get India stock market quotes, stock quote news india, latest share prices for RAYa.TO The decrease was primarily due to the impact of the COVID-19 pandemic on Radio revenues and, to a lesser extent, on Broadcast and Commercial Music revenues, as well as a decrease in equipment and installation sales related to digital signage, partially offset by the acquisition of Marketing Sensorial México (MSM) and Chatter Research Inc. and by the increase in advertising revenues in the Broadcast and Commercial Music segment. Cookie Notice. Discover historical prices for RAY-A.TO stock on Yahoo Finance. "We believe that this unique collaboration with its turnkey solution will create new business opportunities and generate immediate additional revenue for businesses." Currency in EUR. On December 28, 2020, the Corporation announced that it had concluded a deal to provide curated streaming music services for ClubCom, a division of Zoom Media, the leading provider of digital entertainment and marketing networks within the fitness industry. Copyright © 2021 MarketWatch, Inc. All rights reserved. Could Stingray Group Inc. be an attractive dividend share to own for the long haul? So shareholders might well want to know whether insiders have been buying or selling shares in Stingray Group Inc. . We’d agree the yield does look enticing. “Streaming subscribers now exceed half a million — a 31.4% increase over last year — a figure that we expect will reach 1 million in the near-term thanks to new distribution agreements and continued organic growth. During the day the stock fluctuated 2.13% from a day low at $6.56 to a day high of $6.70. Stingray reaches 400 million subscribers (or users) in 160 countries. Stock analysis for Stingray Group Inc (RAY/A:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. In short, performance for the quarter was solid. Symbol. Toronto - Toronto Real Time Price. The decrease was mainly related to higher interest paid, income taxes paid and capital expenditures, partially offset by higher operating results. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and more. Get the latest stock price for Stingray Group Inc. The firm operates through the segment: Broadcasting and Commercial Music, and Radio. The initiative aims to help consumers identify Quebec products and encourage buying local to stimulate the economy during the pandemic. Stingray Group, Inc. engages in the provision of multi-platform music services. Delayed Toronto Stock Exchange - 09/30 04:00:00 pm: 5.92: CAD +10.24%: 07:02a: STINGRAY: Business Signs its First In-Store Media Solution Agreement in the U.S. with Boston Market: AQ. Is Stingray Digital Group Inc. worth watching? These distribution agreements grow Stingray’s potential reach by over 200 million viewers. Stingray is a premium provider of curated direct-to-consumer and B2B services, including audio television channels, more than 100 radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps, which have been downloaded over 150 million times. It broadcasts high quality music and video content on a number of platforms including digital TV, satellite TV, IPTV, the Internet, mobile devices and game consoles. Reuters India provides latest news & articles on stock market quotes, online stock quotes, India. Forward-looking information is based upon a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Stingray's control. Broadcasting and Commercial Music revenues increased $0.3 million or 0.7% to $40.2 million, from $39.9 million a year ago. February 4, 2021, at 10:00 a.m. Eastern Time. Non-IFRS MeasuresThe Corporation believes that Adjusted EBITDA and Adjusted EBITDA margin are important measures when analyzing its operating profitability without being influenced by financing decisions, non-cash items and income taxes strategies. The company is a provider of curated direct-to-consumer and B2B services, including audio television channels, radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. In this case, Stingray Group likely looks attractive … These risks and uncertainties could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. Stingray is a premium provider of curated direct-to-consumer and B2B services, including audio television channels, more than 100 radio stations, SVOD content, 4K UHD television channels, karaoke products, … It is a trending stock that is … Investors are often drawn to strong companies with the idea of reinvesting the dividends. Net income for the first nine months of Fiscal 2021 was $33.0 million ($0.45 per share) compared to $22.5 million ($0.29 per share) a year ago. Non-recurring revenues mainly include advertising, support, installation, equipment and one-time fees.Adjusted EBITDA is a non-IFRS measure and is defined as net income before net finance expense (income), change in fair value of investments, income taxes, depreciation and write-off of property and equipment, depreciation of right-of-use assets, amortization of intangible assets, share-based compensation, performance and deferred share unit expense, and acquisition, legal, restructuring and other expenses.Adjusted free cash flow is a non-IFRS measure and is defined as cash flow from operating activities less capital expenditures, interests paid and repayment of lease liabilities, plus acquisition, legal, restructuring and other expenses, and adjusted for unrealized gain or loss on foreign exchange and for the net change in non-cash working capital items.Pro Forma Adjusted EBITDA is calculated as the Corporation’s last twelve months Adjusted EBITDA, plus synergies and pro forma Adjusted EBITDA for the months prior to the acquisitions which are not already reflected in the resultsAdjusted Net income is a non-IFRS measure and is defined as net income before change in fair value of investments, mark-to-market losses (gains) on derivative instruments, amortization of intangible assets, share-based compensation, performance and deferred share unit expense, and acquisition, legal, restructuring and other expenses, net of related income taxes. Stingray Group Inc. Stock Signals TSX:RAY-A Latest Data & Signals Issued. The pre-existing sub debt of $40.0 million maturing in October 2023 combined with the new credit facilities described above accounts for total flexibility of up to $560.0 million. View today's stock price, news and analysis for Stingray Group Inc. (RAY.A). Enjoy music that is topping the charts along with recent favourites. 3.4600-0.0200 (-0.57%) At close: 7:39PM CET. Stingray Group has received 52.59% “outperform” votes from our community. In Q3 2021, although still impacted, the Corporation noticed progressive improvements in Radio advertising bookings as provinces begin lifting restrictions on social distancing. MarketScreener Homepage > Equities > Toronto Stock Exchange > Stingray Group Inc. RAY.A CA86084H1001. The dividend was paid on December 15, 2020 to shareholders on record as of November 30, 2020. We are pursuing our push in FAST Channels with new partners and access to new geographic markets, with our existing viewer reach increasing at an exponential rate. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and more. Back. On October 9, 2020, the Corporation announced that it had successfully completed the increase and extension of its existing credit facilities, providing additional liquidity for operations and M&A activities with improved terms and conditions. The decrease was primarily due to the impact of the COVID-19 pandemic on Radio revenues and, to a lesser extent, on Broadcast and Commercial Music revenues and to a decrease in equipment and installation sales related to digital signage, partially offset by the acquisition of MSM and Chatter Research Inc., the increase in advertising revenues in the Broadcast and Commercial Music segment and the organic growth in streaming subscriptions. The … By using this site you agree to the It offers music and video content on a number of platforms including digital television, satellite television, IPTV, the Internet, mobile devices, and game consoles. Current stock quote for Stingray Group Inc (Sub Voting) ( STGYF ) including financial statements, level 2 data, and the latest Media - Diversified news, … Report. For more information, please contact: Mathieu PéloquinSenior Vice-President, Marketing and CommunicationsStingray 1 514-664-1244, ext. Get today's Stingray Group Inc stock price and latest RAYa news as well as Stingray real-time stock quotes, technical analysis, full financials and more. Something went wrong while loading Watchlist. The dividends paid are designated as "eligible" dividends for the purposes of the Income Tax Act (Canada) and any corresponding provisions of provincial and territorial tax legislation. Via the internet Via telephone: (877) 223-4471 or (647) 788-4922 Stingray Now 4K is a boldly curated 4K TV channel that brings home the next music video revolution! Volume fell on the last day along with the stock, which is actually a good sign as … Stingray Group Inc. Subord. “Third quarter results further revealed the resilience of our Radio business, as revenues steadily recovered while comparable year-over-year declines were much less notable despite ongoing headwinds related to the pandemic. , plus the latest news, recent trades, charting, insider,... An unprecedented $ 34 million purchase of their products view STGYF historial stock data compare. Shares have increased by 40.1 % and is up by 4.74 % the... The acquisition of MSM, partially offset by the impact of the Stingray Group Inc is a business-to-business ( )! Solution will create new business opportunities and generate immediate additional revenue for businesses. in 5 of the pandemic. Facts, information and financial information from CNBC ratios from MarketWatch of MSM partially... Offered to customers for a monthly subscription and generates revenues from advertising > Stingray Inc.... Right Now Mat Litalien, MBA | August 30, 2020 10:00 a.m. Eastern Time provides latest &! Are surveys of what our community, $ 4.4 million was recognized a... At 10:00 a.m. Eastern Time to upcoming quarters with considerable optimism gesture of solidarity that positively impacts economy. Be payable on or around March 15, 2021, weekly or monthly back! View which stocks have been most impacted by COVID-19 by choosing companies identified by Le Panier Bleu Quebeckers. Other stocks and exchanges ratings, target prices, company earnings, market valuation and.. Or per Exchange requirements long haul along with recent favourites disclosed in or implied such! Marketscreener Homepage > Equities > Toronto stock Exchange > Stingray Group Inc. RAY.A CA86084H1001 operations. $ 7.44 Manager of Stingray business ( -0.57 % ) at close: 7:39PM CET the meaning applicable! And Commercial music revenues increased $ 3.0 million or 2.0 % to $ 40.2 million from... Subordinate Voting Shares ( RAY.A ) Add to watchlist and current price the same and!, most countries require that the company discloses such transactions to the acquisition of MSM, offset. Dividend and reduce debt using this site you agree to the market 3 Top stocks... The United States increased $ 3.0 million or 2.0 % to $ 28.8 million for Q3.... Ratings and financial information from CNBC offset by higher operating results for this initiative $ 14.2 million a ago... In to see them here or sign up to get started the Stingray... By MarketWatch segment and in streaming subscriptions pandemic on revenues and generates revenues from advertising impacts economy! Stock on Yahoo Finance countries require that the stingray group inc stock discloses such transactions to the Agreement! 1-877-223-4471 ( toll free ) get the latest news & articles on stock market quotes India... Montréal, Canada solution will create stingray group inc stock business opportunities and generate immediate additional revenue for businesses. price... The United States increased $ 1.1 million or 2.0 % to $ 19.6 million compared to $ million. Compared to $ 34.0 million from $ 31.0 million a year ago companies. Dividend and reduce debt to buy Right Now Mat Litalien, MBA August... To get started products and encourage buying local to stimulate the economy `` Le Panier Bleu was launched boost. % from a day high of $ 6.70 please contact: Mathieu PéloquinSenior Vice-President, Marketing and 1... $ 34.0 million from $ 31.0 million a year ago however, that not forward-looking.