Zoomd Technologies Reports Third Quarter 2025 Financial Results

Core Viewpoint - Zoomd Technologies Ltd. reported its financial results for the three and nine months ended September 30, 2025, highlighting a focus on profitability despite a slight decline in revenue for Q3.25 compared to the previous year [3][6]. Financial Highlights - Q3.25 revenues were US$16.1 million, a 3% decline from US$16.7 million in Q3.24, attributed to a one-time revenue benefit from the Euro Cup in the prior year [6][13]. - Gross profit for Q3.25 was US$6.9 million, up from US$6.5 million in Q3.24, with a gross margin of 42.6%, an increase of 332 basis points from 39.3% [6][13]. - Operating margin reached 23.1% in Q3.25, up from 19.4% in the prior year [6]. - Net income for Q3.25 was US$3.8 million, a 20% increase compared to Q3.24 [6][13]. - Cash generated from operations was a record US$5.4 million, compared to US$2.7 million in Q3.24 [6][13]. - As of September 30, 2025, the company had a cash balance of US$18.3 million and no long-term debt [6][13]. Year-to-Date Performance - For the first nine months of 2025, revenues grew by 37% year-over-year, totaling US$54 million [5][6]. - Net income for the nine-month period was US$14.6 million, reflecting a 150% year-over-year increase [6]. - EBITDA increased by 82% compared to the same period in 2024 [6]. Strategic Focus - The company is concentrating on higher quality revenue opportunities and effective management to navigate industry changes [4]. - Zoomd is expanding its client base and exploring partnerships, including a strategic agreement with E2, a leader in digital marketing for the sports and betting industry [5][6]. - The company added over 10 new clients in sectors such as iGaming, FinTech, and Ecommerce [6].