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Zoomd Technologies Ltd. (ZMDTF) is a marketing technology company specializing in user acquisition and engagement platforms. Founded in 2012 and publicly traded on the TSX Venture Exchange, Zoomd offers an innovative mobile app user-acquisition platform integrated with global digital media outlets. Their unified dashboard combines over 600 media sources for advertisers, streamlining campaign management and reducing data integration costs. Zoomd's focus on core user acquisition activities and cutting-edge UA technology has led to impressive achievements, including recognition as a Top User Acquisition Company and Top DSP by Business of Apps.
Zoomd Technologies reported strong Q3 2024 financial results with revenues of $16.7M, representing a 135% YoY growth. The company achieved a net income of $3.2M, marking its sixth consecutive quarter of net income growth. Adjusted EBITDA reached $3.9M, a $3.3M increase compared to Q3 2023. The company ended the quarter with $6.8M in cash and no long-term debt. Operating expenses were 20% of revenues, showing consistent decrease over seven quarters. Cash flow from operations was $2.7M, and earnings per share for the nine months ended September 30, 2024, were $0.06.
Zoomd Technologies (TSXV: ZOMD) (OTC: ZMDTF), a marketing technology user-acquisition and engagement platform, has announced it will report its third quarter 2024 financial results on November 29, 2024. The company has scheduled a conference call at 11 a.m. ET on the same day to discuss results and provide a corporate update. Interested parties can access the conference call via webcast through the company's investor relations website, with a replay available afterward. Questions for the call can be submitted via email to ZOMD@lythampartners.com.
Zoomd Technologies (TSXV: ZOMD) (OTC: ZMDTF), a marketing technology user-acquisition and engagement platform, announces its participation in the 8th Annual Florida Capital Event. Co-Founder and Chairman Amit Bohensky will represent the company at the conference, scheduled for November 22-24, 2024, at the JW Marriott Miami in Aventura, Florida.
The event will facilitate one-on-one meetings between growth-stage companies and top-level capital finance professionals and venture capital investors. Interested parties can schedule meetings through Lytham Partners or directly with Zoomd's investor relations team.
Zoomd Technologies (TSXV: ZOMD) (OTC: ZMDTF) has been named among the Top Mobile Marketing Companies for 2024 by Business of Apps, a leading platform for app industry news. This recognition highlights Zoomd's expertise in driving successful mobile marketing campaigns through its innovative user-acquisition platform.
The award underscores Zoomd's ability to promote app growth and user retention in a competitive market. It reflects the company's advanced technology and dedication to achieving exceptional results for clients. Omri Argaman, Chief Growth Officer of Zoomd, expressed pride in the recognition, stating it demonstrates the trust clients place in the company's ability to deliver impactful results.
This accolade follows Zoomd's strong Q2 2024 financial reports and is one of several recent awards received by the company, reinforcing its position as a leader in the mobile marketing industry.
Zoomd Technologies (TSXV: ZOMD, OTC: ZMDTF) reported strong Q2 2024 financial results, with revenues of $14M, up 58% year-over-year. Key highlights include:
- Gross profit margin of 38%
- Adjusted EBITDA of $3M, a $2.7M increase from Q2 2023
- Net income of $2.2M, marking the fifth consecutive quarter of profit growth
- Cash balance of $4.4M with no long-term debt
- Operating cash flow of $2.3M
The company attributed its performance to strategic decisions, including new client acquisitions and cost reductions. Management expressed confidence in continued growth and profitability moving forward.
Zoomd Technologies (TSXV: ZOMD) (OTC: ZMDTF), a marketing technology user-acquisition and engagement platform, has announced its plans to report second quarter 2024 financial results on August 28, 2024. The company has scheduled a conference call for the same day at 11 a.m. ET to discuss the results and provide a corporate update.
Interested parties can access the conference call via an Internet webcast available on the company's website. Participants who wish to submit questions for the call can email them to ZOMD@lythampartners.com. A webcast replay will also be available in the Investors section of Zoomd's website following the call.
Zoomd Technologies (TSXV: ZOMD) (OTC: ZMDTF) has been recognized as one of the Top User Acquisition Companies for 2024 by Business of Apps, marking its fourth consecutive year of receiving this prestigious badge. This accolade highlights Zoomd's commitment to innovation and superior performance in user acquisition.
The award emphasizes Zoomd's dedication to pioneering advancements in UA technology and providing top-notch solutions that help businesses expand their user base and increase revenues. Omri Argaman, Chief Growth Officer of Zoomd, expressed pride in the recognition, stating it reflects the team's hard work and creativity.
James Cooper, CEO of Business of Apps, commended Zoomd's consistent leadership and innovation in the user acquisition field, noting the platform's robust capabilities and effectiveness.
Zoomd Technologies (TSXV: ZOMD, OTC: ZMDTF) and its subsidiary Zoomd , a MarTech platform specializing in user acquisition (UA) and engagement, have been recognized as one of the Top App Marketing Companies of 2024 by Business of Apps. This accolade acknowledges Zoomd's exceptional performance, innovative strategies, and high customer satisfaction in the app marketing sector. Chief Growth Officer Omri Argaman highlighted the award as validation of their ongoing efforts to provide top-tier UA solutions. Business of Apps' Director James Cooper praised Zoomd's comprehensive platform for unifying and optimizing UA processes under one dashboard, cementing its leadership in the industry.
Zoomd Technologies (TSXV: ZOMD, OTC: ZMDTF) reported its Q1 2024 financial results. Revenue increased by 1% YoY and 16% QoQ, driven by strategic refocusing. Adjusted EBITDA rose to $1.2M from $0.2M in Q1 2023. The company reported a net income of $0.5M after six consecutive quarters of losses, ending the quarter with $2.3M in cash and no long-term debt. Operating income improved to $0.6M from an operating loss of $3.5M in Q1 2023. Expenses were reduced significantly: R&D by 26% QoQ and SG&A by 33% QoQ. Gross profit margin was 39%. The company held a conference call on May 30, 2024, to discuss these results.
Zoomd Technologies (TSXV: ZOMD; OTC: ZMDTF) will release its Q1 2024 financial results on May 30, 2024. The company, a MarTech user-acquisition and engagement platform, has scheduled a conference call for the same day at 11 a.m. ET to discuss the results and provide a corporate update. The conference call will be accessible via Internet webcast in the Investors section of the company’s website. Questions for the call can be sent to ZOMD@lythampartners.com, and a webcast replay will be available on the website.
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