Core Viewpoint - QuoteMedia, Inc. reported a 5% year-over-year revenue growth to $4.93 million for Q2 2025, with expectations of significant revenue contributions from new contracts starting in Q3 2025 [1][6]. Financial Performance - Revenue for Q2 2025 was $4.93 million, an increase of $253,265 compared to Q2 2024, with a foreign exchange-neutral growth of 6% [6][12]. - Adjusted EBITDA for Q2 2025 was $99,121, a decrease from $493,393 in Q2 2024, primarily due to lower capitalized development costs [6][14]. - The net loss for Q2 2025 was $853,582, compared to a net loss of $251,173 in Q2 2024, attributed to changes in the accounting treatment of development costs [6][14]. Management Commentary - The Chairman of the Board, Robert J. Thompson, highlighted solid revenue growth and the closure of major contracts expected to generate revenue in Q3 [4]. - The company is in advanced negotiations for additional large-scale deployments, which are anticipated to further enhance performance [4]. Future Outlook - The company expressed confidence in a strong second half of 2025, supported by a robust pipeline and successful contract implementations [5][12]. - Management expects improvements in gross margin and EBITDA in future quarters as amortization expenses decrease due to lower levels of capitalized development costs [12].

Core Viewpoint - QuoteMedia, Inc. reported a 5% year-over-year revenue growth to $4.93 million for Q2 2025, with expectations of significant revenue contributions from new contracts starting in Q3 2025 [1][5]. Financial Performance - Revenue for Q2 2025 was $4.93 million, an increase of $253,265 compared to Q2 2024, with FX-neutral growth of 6% [5][12]. - Adjusted EBITDA for Q2 2025 was $99,121, a decrease from $493,393 in Q2 2024, primarily due to lower capitalized development costs [5][12]. - The net loss for Q2 2025 was $853,582, compared to a net loss of $251,173 in Q2 2024, attributed to changes in the accounting treatment of development costs [5][12]. Management Commentary - The Chairman of the Board, Robert J. Thompson, highlighted solid revenue growth and the closure of major new contracts that will start generating revenue in Q3 [3][11]. - The company is in advanced negotiations for additional large-scale deployments, which are expected to enhance performance further [3][11]. Outlook - The company expressed confidence in a strong second half of 2025, citing a robust pipeline and successful contract implementations [4][11]. - Management anticipates improvements in gross margin and EBITDA in future quarters as amortization expenses decrease due to lower capitalized development costs [3][11]. Company Overview - QuoteMedia provides market data and financial applications to banks, brokerage firms, and sophisticated investors, competing with larger legacy organizations and smaller companies [2][7]. - The company offers comprehensive market data services, including streaming data feeds, on-demand data, and financial content solutions [2][7].

Core Insights - QuoteMedia, Inc. reported its highest quarterly revenue in company history for Q1 2025, amounting to $4,824,356, a 3% increase from $4,679,200 in Q1 2024 [3][7] - The company experienced a net loss of $499,811 in Q1 2025, compared to a net loss of $28,176 in Q1 2024, indicating a decrease in profitability [7][12] - Adjusted EBITDA for Q1 2025 was $368,269, down from $676,886 in Q1 2024, reflecting a reduction of $308,617 [7][12] Financial Performance - Quarterly revenue increased by $145,156 (3%) year-over-year, with a 5% growth on an FX-neutral basis [7][14] - The significant loss for the quarter was attributed to capitalizing a lower proportion of development costs compared to previous quarters, which increased expensed development costs [4][13] - The company expects continued growth throughout the year, aiming for its highest annual revenue ever [3][13] Business Overview - QuoteMedia provides a range of market data services, including streaming data feeds and financial applications, targeting banks, brokerage firms, and sophisticated investors [2][6] - The company competes with larger legacy organizations and smaller companies in the financial data sector [2] - QuoteMedia's offerings include interactive stock research tools and data feeds for major financial institutions [6]