Qyou Media Stock Price, News & Analysis

QYOU Media Inc. reported impressive financial results for the quarter ended September 30, 2021, with revenue soaring to $4,725,463, a 1109% increase year-over-year from $390,950. This growth is attributed to strong ad sales in India and successful performance in its US operations. However, the company recorded a net loss of $2,352,297, an increase from $1,149,333 in the previous year, primarily due to investments in growth. Cash on hand decreased to $7,769,599 from $9,026,915 at the end of June 2021.

QYOU Media Inc. has appointed Glenn Ginsburg as President of QYOU USA following its third consecutive quarter of triple-digit year-over-year revenue growth in influencer marketing. Under Ginsburg's leadership, QYOU USA focuses on brand engagement through platforms like TikTok and is set to strengthen its operations and client relations. The company also welcomed Andrew Fox as SVP, Head of Sales, enhancing its management team. Major clients include Universal Pictures and Disney. QYOU Media aims to continue scaling in the U.S. market, leveraging its growing portfolio and expertise.

QYOU Media has reported significant financial growth for FY 2021, with a Q4 revenue of $2.6 million, a 618% increase year-over-year and a remarkable 1154% jump from Q3. The total revenue for the year reached $4.18 million, up 49% from FY 2020. Despite the revenue increase, the net loss before income taxes rose to $3.04 million in Q4 due to investments in growth initiatives, resulting in a total annual net loss of $7.26 million. Cash reserves improved significantly to $9.03 million. Guidance for Q1 FY 2022 is set between $4.7 million and $4.8 million.

QYOU Media Inc. (OTCQB: QYOUF) has launched The Q India, the first Hindi General Entertainment channel on Xiaomi's MiTV Patchwall 4 platform. This channel is now accessible in over 122 million households and 676 million OTT users in India. Xiaomi leads the Indian smart TV market, with rapid growth, recording a 65% YOY increase. The Q is the fastest-growing youth-oriented channel in India, adding over 30 new advertisers. The company aims for significant revenue growth through digital partnerships, particularly with FAST offerings expected to mirror U.S. ad revenue growth.

QYOU Media Inc. (TSXV: QYOU) (OTCQB: QYOUF) has revised its revenue guidance for the quarter ending September 30, 2021, increasing it to $4.7 million - $4.8 million from a previous estimate of $3.1 million - $3.8 million. This growth reflects a consecutive rise in revenues from $300,000 to $2.6 million and now to the updated forecast. New advertising partnerships and a strategic investment from Times of India Group totaling $2 million contribute to this positive momentum.

QYOU Media Inc. (OTCQB: QYOUF) announced plans to launch a new broadcast channel, expanding its reach among the youth demographic in India by January 2022. The existing channel, The Q India, has gained significant traction, now reaching over 122 million households and 676 million users through OTT and mobile platforms. With over 30 new advertisers this year, the company aims to leverage its success by introducing content that appeals to young audiences. The details of the new channel remain undisclosed, but it will build upon the popularity of The Q.

QYOU Media Inc. (TSXV: QYOU) (OTCQB: QYOUF) announced a live management update call hosted by CEO Curt Marvis on September 30, 2021, at 11 AM EST. The call will cover updates on growth initiatives for The Q India, the US Influencer Marketing business, and revenue guidance for 2021. Participants can join via Zoom. QYOU operates in India and the US, focusing on content distribution through digital and traditional platforms.

QYOU Media Inc. (OTCQB: QYOUF) has expanded its reach significantly by adding 4 million new homes through GTPL Hathway, India’s second-largest cable operator. This increase brings the total reach of The Q India channel to 122 million TV households and over 676 million users via OTT platforms. The channel, which focuses on Hindi content for youth, surpassed an average BARC rating of 45 GRP for nineteen consecutive weeks, indicating robust growth. The company aims to achieve parity with leading Hindi channels as it continues to innovate and attract larger audiences.

QYOU Media (OTCQB: QYOUF) announced the success of a three-week marketing campaign for its upcoming crime fiction series, Jurm Ka Chehra, in collaboration with Chingari. The campaign attracted over 47,000 audition entries and generated more than one billion impressions. Winners include four content creators who will debut on the show, premiering on September 4, 2021. This initiative highlights QYOU's goal to engage digital creators and audiences, continuing its strategic partnership with Chingari, which has over 325,000 subscribers on the platform.