Welcome to our dedicated page for Qyou Media news (Ticker: QYOUF), a resource for investors and traders seeking the latest updates and insights on Qyou Media stock.
QYOU Media Inc. (QYOUF) operates at the intersection of digital content creation and distribution, specializing in influencer-driven programming across connected TV (CTV) and social platforms. This page serves as the definitive source for official company announcements, financial updates, and strategic developments.
Investors and industry observers will find curated press releases covering earnings reports, content partnerships, FAST channel expansions, and innovations in influencer marketing. Our repository ensures timely access to operational milestones across QYOU Media's key markets in India and the United States.
Regular updates include details on CTV channel launches, creator economy initiatives, and advertising technology advancements. All content is verified from primary sources to maintain accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined tracking of QYOU Media's progress in reshaping digital entertainment through award-winning content strategies and data-driven audience engagement.
QYOU Media reported record-breaking annual revenue of $31.48 million for FY 2024, marking its highest revenue in corporate history. The company, operating in India and the United States, achieved significant financial improvements with a 109% increase in Adjusted EBITDA to $415,186, driven by strong performance in influencer marketing divisions.
Key highlights include three consecutive quarters of positive Adjusted EBITDA, an 18% improvement in net loss, and reduced cash usage in operating activities from $1.79 million to $188,752. The company ended 2024 with a cash balance of $946,784, up from $736,713 in 2023.
Notable developments include the filing of a Draft Red Herring Prospectus by Chatterbox, QYOU's Indian subsidiary, on the BSE Limited. The company's strategic shift focused on profitable businesses, particularly in influencer marketing, while discontinuing its gaming operations to optimize financial performance.
QYOU Media has completed the second tranche of its Non-Brokered Private Placement, issuing 24,320,001 Units at $0.03 per Unit for gross proceeds of $729,600. This brings the total offering to 60,986,668 Units, raising approximately $1,829,600.
Each Unit consists of one Common Share and three-quarters of one purchase Warrant, with each Warrant allowing the purchase of one Common Share at $0.06 until March 19, 2027. The company paid approximately $47,459.50 in finder's fees and issued Finder's Warrants for up to 1,909,483 additional Units.
Notably, company directors, officers, and insiders subscribed for 13,333,334 Units. All securities issued will have a four-month plus one day hold period ending July 20, 2025 for the first tranche and July 22, 2025 for the second tranche.
QYOU Media, a company focused on producing and distributing content from social media stars and digital creators in India and the United States, has completed the first tranche of its Non-Brokered Private Placement.
The company issued 36,666,667 Units at $0.03 per Unit, raising gross proceeds of approximately $1,100,000. Each Unit consists of one Common Share and three-quarters of one common share purchase Warrant. The Warrants allow holders to purchase Common Shares at $0.06 per share until March 19, 2027.
As part of the offering, QYOU paid approximately $12,950 in finder's fees and issued Finder's Warrants for up to 431,667 additional Units. All securities issued are subject to a four-month plus one day hold period under Canadian securities laws.
QYOU Media Inc. (TSXV: QYOU) (OTCQB: QYOUF) has modified its previously announced Non-Brokered Private Placement Offering. The new offering will now consist of up to 70 million Units at $0.03 per Unit, aiming to raise aggregate gross proceeds of up to $2.1 million.
Each Unit comprises one Common Share and three-quarters of one common share purchase Warrant. The Warrants allow holders to purchase one Common Share at $0.06 within 24 months from the closing date.
The proceeds will support expenses related to the Chtrbox transaction, primarily covering legal, accounting, consulting fees, and final earnout payments to founding investors. The offering is expected to close around March 18, 2025, subject to necessary approvals including TSX Venture Exchange approval. A four-month plus one day hold period will apply to the securities.
QYOU Media Inc. (TSXV: QYOU) (OTCQB: QYOUF) has announced a shareholder conference call scheduled for February 26, 2025, at 11:00 AM EST, where CEO Curt Marvis will provide corporate updates.
The company has amended its Non-Brokered Private Placement Offering to raise up to $2.1 million through the issuance of 60 million Units at $0.035 per Unit. Each Unit includes one Common Share and three-quarters of a warrant exercisable at $0.06 for 24 months.
The proceeds will support expenses related to the Chatterbox Technologies subsidiary's transaction, including legal, accounting, and consulting fees for the initial public offering and final earnout payments. The offering is expected to close around March 4, 2025. Additionally, QYOU has engaged Fairfax Partners for investor relations services for a one-time fee of CAD $21,484.28.
QYOU Media Inc. (TSXV: QYOU, OTCQB: QYOUF) has announced that its subsidiary, Chatterbox Technologies (Chtrbox), has filed for an IPO on the BSE SME Platform. The IPO will offer up to 3,727,200 equity shares, with the final price to be determined through Book Building Process.
Simultaneously, QYOU Media is initiating a non-brokered private placement of up to 50 million units at $0.04 per unit, aiming to raise up to $2 million. Each unit includes one common share and three-quarters of a warrant exercisable at $0.06 until February 28, 2027.
Chtrbox, established in 2016, is an influencer marketing platform that has managed over thousand campaigns with approximately 500 influencers. The company operates primarily in India with plans to expand into UAE and Southeast Asia. The global influencer marketing platform market is projected to grow from $16.2 billion in 2023 to $306.9 billion by 2033, at a CAGR of 34.2%.
QYOU Media reported record Q3 FY2024 results with revenue of $7,718,514, marking a 6% YOY increase. The company achieved positive Adjusted EBITDA of $46,010, representing a 105% improvement, for the second consecutive quarter. Net loss improved by 57% compared to the previous year. The strong performance was driven by QYOU USA and Chtrbox India Influencer Marketing units. The company ended Q3 with a cash balance of $874,367 and secured a strategic minority investment from an India-based institutional investor in Chatterbox Technologies Private
QYOU Media Inc. (TSXV: QYOU) (OTCQB: QYOUF) reported record Q2 FY 2024 results, achieving positive quarterly Adjusted EBITDA for the first time in company history. Key highlights include:
1. Quarterly revenue of $8,277,457, the highest ever, driven by strong performance in QYOU USA and Chtrbox India.
2. Positive Adjusted EBITDA of $119,321, a 122% improvement year-over-year.
3. Net loss improved by 62% compared to the same period last year.
4. Cash balance of $1,010,556 as of June 30, 2024.
CEO Curt Marvis emphasized the company's focus on bottom-line performance and cash-positive results, aiming to strengthen the balance sheet and improve overall financial performance.
QYOU Media (TSXV: QYOU, OTCQB: QYOUF) has announced that CEO and Co-Founder Curt Marvis will host a live conference call and live stream on July 9, 2024, at 11:00 AM EST to discuss the company's initiatives for the second half of 2024. Shareholders are encouraged to submit questions in advance, with a live Q&A to follow. Additionally, QYOU Media will not pursue the share consolidation resolution at the upcoming annual meeting on July 19, 2024, acknowledging shareholder concerns. The company continues to operate in India and the US, producing and distributing content through various platforms and engaging over 125 million Indian households weekly. The call archive will be available on QYOU's YouTube channel and website.
QYOU Media reported its highest quarterly revenue in company history for Q1 FY 2024, totaling $8,227,089. This marks a 17% year-over-year increase, driven by strong performance in the U.S. and initial contributions from their direct-to-consumer gaming business in India.
The company's Adjusted EBITDA improved by 36%, up $276,654 compared to the same period last year. Net loss also improved by $146,854, or 10%, mainly due to increased revenue despite higher operating expenses.
QYOU Media's cash balance stood at $1,615,481 by the end of Q1 FY 2024, a significant improvement from $736,713 in the previous year. Cash used in operating activities dropped dramatically, primarily due to better collection of trade receivables.
CEO Curt Marvis highlighted the strong performance and future focus on optimizing business units to drive consistent growth.