Stingray Group Inc. is a Canada-based music, media, and technology company. The Company provides curated direct-to-consumer and business-to-business (B2B) services, including audio television channels, radio stations, subscription video-on-demand (SVOD) content, television channels, fast channels, karaoke products, digital signage, in-store music, and music applications. The Company also provides relaxation, mindfulness and sleep music. The Company offers SVOD services on a wide range of Internet-capable devices including smart televisions (TVs), smartphones, tablets, video game consoles and multimedia devices. The Company offers Stingray Karaoke, Stingray Classica, Stingray DJAZZ and Stingray Qello. The Company also offers business to consumers (B2C) mobile applications that includes Stingray Music, Yokee Music, Yokee Piano and Yokee Guitar. The Company has approximately 400 million subscribers in over 160 countries.

Sales Analysis. During the first fiscal quarter of 2022, sales at Stingray Group Inc totalled C$64.81 million. This is an increase of 23.9% from the C$52.29 million in sales at the company during the first quarter of 2021. During the year ended March of 2021, sales at Stingray Group Inc were C$249.47 million (US$195.36 million). This is a decrease of 18.7% versus 2020, when the company's sales were C$306.72 million. Contributing to the drop in overall sales was the 35.8% decline in Radio, from C$152.26 million to C$97.81 million. There were also decreases in sales in Broadcasting and Commercial Music (down 1.8% to C$151.66 million) .