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ZOOMD ANNOUNCES PRELIMINARY Q1.25 FINANCIAL RESULTS HIGHLIGHTED BY OVER 100% YoY REVENUE GROWTH AND A STRONG BOTTOM LINE FEATURING US$4.5M IN NET INCOME
Prnewswireยท 2025-04-29 12:20
Core Insights - Zoomd Technologies Ltd. announced preliminary Q1.25 results, expecting to release detailed financial results in May 2025 [1] - The company anticipates revenues of US$18 million for Q1.25, representing a year-over-year increase of over 100% [2][8] - Adjusted EBITDA is projected to be approximately US$5 million, a significant increase from US$1.2 million in Q1.24 [3][8] - Net income for Q1.25 is expected to reach US$4.5 million, improving by US$4 million compared to the previous year [3][8] - Net cash generated from operating activities is estimated at US$3.5 million for Q1.25 [8] Management Commentary - CEO Ido Almany emphasized the effectiveness of the company's strategy and operational structure over the past 18 months, highlighting resilience and adaptability in a changing environment [4] - Chairman Amit Bohensky noted the importance of diversifying across client verticals and geographic markets to navigate volatility and pursue sustainable growth [5] Company Overview - Zoomd, established in 2012 and listed on the TSX Venture Exchange since September 2019, provides a mobile app user-acquisition platform that integrates with various global digital media outlets [6] - The platform offers a unified view of multiple media sources, streamlining campaign management and simplifying customer acquisition efforts [6]