subject: Destiny Media (OTC:DSNY) Named Top 100 Growth Company: Volume Skyrockets [print this page] Shares of Destiny Media Technologies (OTC:DSNY) were very popular on the trading block as its volume topped 417,000 by mid-day compared to its daily volume of only about 30,000 shares. Destiny was recently named to the top 100 Growth Companies List for British Columbia because of its stunning revenue growth over the past year. They are also profitable which is very few and far between in the SmallCap Space.
Destiny is a provider of the Play MPE service, which the recording industry uses globally to securely distribute pre-release music to radio and other trusted users through the internet. The company recently announced that it has been ranked one of the fastest growing companies in British Columbia.
Business in Vancouver released its annual ranking of BC companies which recognized Destiny Media. BIV's list of the Top 100 Fastest Growing Companies profiles British Columbia's most successful growth companies based on five-year revenue growth. During the period, revenue increased 319% from $697,550 to $2,923,954 (Canadian funds).
This is the company's second recent accolade for revenue growth and growing profits. On June 2, 2010, the company was ranked 173rd in Canada in the "22nd annual PROFIT 100 ranking of Canada's Fastest-Growing Companies", by PROFIT Magazine.
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