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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's Albert AI technology is revolutionizing ad creative optimization, leveraging AI to enhance creative performance across various platforms and campaigns. As marketers face challenges in objectively optimizing ads, Albert AI addresses this by systematically testing parameters to exceed client KPIs. Notably, an e-commerce client aiming for a 500% Return On Ad Spend (ROAS) achieved an 800% improvement after working with Albert. With continuous successful optimizations leading to 10-20% yearly improvements, Albert serves as an autonomous marketing ally, effectively managing campaigns 24/7.
Zoomd Technologies Ltd. (TSXV: ZOMD, OTC: ZMDTF) will participate in the 9th Annual AlphaNorth Capital Conference from January 20 to 22, 2023. Amit Bohensky, Co-Founder and Chairman, will represent the company, which specializes in marketing technology for user acquisition and engagement. The conference aims to connect growth-stage companies with top-level finance professionals through one-on-one meetings. Zoomd's platform integrates over 600 media sources, maximizing data insights for advertisers. For inquiries, contact Lytham Partners or visit zoomd.com.
Zoomd Technologies Ltd. (TSXV: ZOMD, OTC: ZMDTF) held its annual and special meeting on December 7, 2022, where shareholders re-elected all board members: Amit Bohensky, Amnon Argaman, Darryl Cardey, Ofer Eitan, and Avigur Zmora, with approval percentages exceeding 96%. An ordinary resolution was passed for the re-appointment of Brightman Almagor Zohar & Co as auditors, receiving 98.310% approval. Additionally, a Continuance Resolution was passed with 96.580% support. The company aims to enhance its advertising platform, which integrates over 600 media sources.
Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) announces the appointment of Ido Almany as CEO, effective December 8, 2022. Almany succeeds Ofer Eitan, who was CEO since the 2017 merger with Moblin. Almany brings significant experience, including a successful tenure at American Express in Israel, generating US$140M in annual revenue. He aims to leverage his expertise to drive growth and strengthen Zoomd's market position. In connection with his appointment, Almany received 3.16 million stock options with performance and time vesting conditions.
Zoomd Technologies reported its financial results for Q3 2022, showing a 39% decline in revenues year-over-year at $9.8M, attributed to macroeconomic impacts on client advertising budgets. Despite this, revenues increased by 25% over the nine-month period. Adjusted EBITDA was positive at $15K, but the company faced an operating loss of $1.4M compared to a profit of $961K in Q3 2021. Zoomd expects revenue growth of 5% for the full year 2022, reflecting challenges in sectors like Fintech and Cryptocurrency. The company ended the quarter with $3.4M in cash and without long-term debt.
Zoomd Technologies Ltd. (OTC: ZMDTF) will announce its third quarter 2022 financial results on November 29, 2022, during a conference call at 11 a.m. ET. The company, specializing in marketing technology for user acquisition, offers a platform that consolidates over 600 media sources into a unified dashboard for advertisers. This integration aims to streamline data collection and enhance campaign management, saving resources for advertisers. The company invites interested parties to access the call via its website.
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