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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.
On September 14, 2022, Zoomd Technologies Ltd. (ZMDTF) announced a new publisher agreement with El Universal, a top Spanish-language website, signed on July 6, 2022. This partnership will integrate Zoomd's search engine into El Universal's platforms, enhancing user engagement and content monetization. El Universal attracts over 44 million visitors monthly, which positions Zoomd for significant growth. The onboarding process will include both mobile and desktop integrations, leveraging Zoomd's advanced machine learning and natural language processing technologies.
Zoomd Technologies Ltd. (OTC: ZMDTF) reported strong financial results for Q2 2022, with revenues rising 45% year-over-year to $16.2M, supported by new client acquisitions and expanded spending from existing customers. The company achieved positive Adjusted EBITDA of $1.5M and cash flow from operations of $2.7M, ending the quarter with $5.1M cash and no long-term debt. However, due to a global market slowdown, Zoomd revised its 2022 revenue guidance to $65M-$70M, reflecting a cautious outlook while also highlighting a focus on diversifying revenue streams across various sectors.
Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) will report its second quarter 2022 financial results on August 29, 2022. A conference call is scheduled for August 30 at 11 a.m. ET to discuss the results. Zoomd offers a marketing technology platform focused on user acquisition and engagement, integrating over 600 media sources into a single dashboard. The company aims to maximize data collection and insights while minimizing resource expenditure for advertisers. Forward-looking statements in the release express uncertainties regarding future performance.
Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) announced that it will release its first quarter 2022 financial results on May 31, 2022. A conference call is scheduled for 11 a.m. ET to discuss these results. The call will be accessible via webcast on the company's investors page. Zoomd, a marketing technology platform, integrates over 600 media sources to enhance user acquisition and engagement for advertisers, aiming to optimize resources and maximize data insights.
On May 12, 2022, Zoomd Technologies Ltd. (OTC: ZMDTF) announced key personnel promotions to support ongoing growth. Omri Argaman is promoted to Chief Growth Officer, overseeing marketing and expansion efforts, particularly in Latin America. Yair Yaskerovitch becomes Chief Operating Officer, directing operations, while Ayelet Kaplan, Daniel Avshalom, and David Itzkowitz rise to Director roles in user acquisition, media, and performance, respectively. These changes aim to enhance Zoomd's market position and leverage its technology platform for advertisers.
Zoomd Technologies Ltd. has announced the acquisition of substantially all assets of Albert Technologies Ltd. in a cash and stock transaction, enhancing its client base by adding several Fortune 500 companies. The acquisition, completed on March 27, 2022, strengthens Zoomd's position in the marketing technology sector with Albert's AI-driven capabilities for managing digital campaigns on platforms like Google and Facebook. This move supports Zoomd's transition to a self-service SaaS model and aligns with its strategic focus on scalability and improved advertising efficiency.
Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) reported record preliminary financial results for Q4 and FY 2021, showcasing an 181% revenue growth year-over-year, leading to an $8.3M adjusted EBITDA increase. This performance was bolstered by increased marketing budgets from sectors like fintech, gaming, and ecommerce. CEO Ofer Eitan noted strong ROI for clients and positive outcomes from diversifying the client base and expanding into new markets. However, it's essential to note that these results are preliminary and subject to final audit.
Zoomd Technologies Ltd. (OTC: ZMDTF) reported a significant financial performance for Q3 2021, achieving revenues of $16 million, a 141% increase year-over-year. This marks the fourth consecutive quarter of revenue growth. Zoomd's Adjusted EBITDA reached $1.6 million, up from a loss of $0.9 million a year prior. The company expanded its client base, with a 33% year-over-year increase in 'big customers.' CEO Ofer Eitan highlighted successful growth initiatives across Latin America and Asia, driven by demand in fintech, e-commerce, and gaming sectors.
Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) announced on Aug. 5, 2021, that it has successfully acquired several prominent clients in growth sectors like gaming, FinTech, and eCommerce. The company's user acquisition platform is designed to enhance campaign management efficiency for clients, which include notable names such as Sony Entertainment and Crypto.com. CEO Ofer Eitan emphasized the positive impact of these partnerships on client ROI, showcasing Zoomd's capability to provide value-added services.
Zoomd Technologies reported preliminary results for 2Q21, projecting revenues of $11.1M, a remarkable 96% year-over-year increase. This marks the highest quarterly revenue in the company's history, driven by new client acquisitions and increased business from existing customers. Adjusted EBITDA stands at $1.3M, reversing a loss of $(0.76M) from 2Q20. Operating profit is projected at $0.6M, compared to a $(1.44M) loss last year. The company maintains a revenue growth guidance of 30% to 40% for 2021.
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