Destiny Media Technologies Inc. reported earnings results for the first quarter ended November 30, 2012. For the period, the company's total revenue of $1,063,867 was up 13% compared to $1,124,617 from the prior quarter reflecting the seasonality of the Play MPE(R) media delivery service but down 5% from the prior year due in part to unfavorable exchange rates and slightly reduced record label activity in North America. Net income increased to $160,050 from $12,555 in 2012 as litigation costs were virtually eliminated.

Income from operations was $204,384 compared to $15,377 a year ago. Income before provision for income taxes was $225,050 compared to $17,555 a year ago.