Core Viewpoint - QuoteMedia, Inc. reported a 10% year-over-year revenue growth to $5.2 million for Q3 2025, driven by new contracts expected to enhance future revenue [1][3][6]. Financial Performance - Revenue for Q3 2025 was $5,154,555, an increase of $458,710 compared to the same quarter in the previous year [6]. - Adjusted EBITDA for Q3 2025 was $377,662, up from $366,549 in Q3 2024, reflecting an increase of $11,113 [6][13]. - The net loss for Q3 2025 was $367,192, an improvement of $73,749 from a net loss of $440,941 in Q3 2024 [6][13]. Management Commentary - The Chairman of the Board expressed satisfaction with the strong revenue growth and highlighted the acquisition of major new contracts that will contribute to revenue in Q4 and beyond [3][11]. - The company anticipates continued improvement in gross margin, EBITDA, and overall profitability as revenue grows and the impact of higher amortization expenses diminishes [4][11]. Outlook - The company remains optimistic about a strong finish to 2025 and ongoing momentum into 2026, supported by a robust pipeline of contracts [5][11].
QuoteMedia Announces Q3 2025 Financial Results and Strong Growth Outlook
Globenewswire·2025-11-14 17:53