Zoomd Technologi Stock Price, News & Analysis

Zoomd Technologies (TSXV: ZOMD, OTC: ZMDTF) held its annual and special meeting of shareholders on February 20, 2025, where shareholders re-elected all board members: Amit Bohensky, Amnon Argaman, Darryl Cardey, Ofer Eitan, and Avigur Zmora. The meeting also approved the re-appointment of Brightman Almagor Zohar & Co as auditors with 99.489% of votes.

Shareholders approved a new omnibus equity incentive plan with 94.399% of votes, including 75.198% of disinterested votes. The plan reserves 15,799,954 common shares (16% of outstanding shares) for issuance, maintaining the same limit as the 2020 plan while adding RSU issuance capability and a cashless exercise option.

Zoomd, established in 2012 and listed on TSX Venture Exchange since 2019, operates a mobile app user-acquisition platform that integrates with global digital media outlets, offering advertisers a unified campaign management solution.

Zoomd Technologies (TSXV: ZOMD) (OTC: ZMDTF), a marketing technology user-acquisition and engagement platform, has announced its participation in the 11th Annual Alpha North Capital Conference. The event will be held at the Atlantis Royal Tower in Nassau, Bahamas from January 17-19, 2025.

Amit Bohensky, Co-Founder and Chairman of the Board, will represent Zoomd at the conference, which aims to connect growth-stage companies with top-level capital finance professionals and venture capital investors through scheduled one-on-one meetings.

Interested parties can schedule meetings with Zoomd representatives through Lytham Partners at Zoomd@lythampartenrs.com or directly via ir@zoomd.com.

Zoomd Technologies (TSXV: ZOMD, OTC: ZMDTF) announced that director and former CEO Ofer Eitan has established an Automatic Securities Disposition Plan (ASDP). The plan allows for the sale of up to 2 million shares through an independent broker until December 31, 2025, with trades beginning no earlier than May 5, 2025.

The ASDP includes a 10% daily volume restriction and a minimum floor price. The broker cannot consult with Eitan regarding sales, and Eitan cannot influence or modify the plan. The company, established in 2012 and listed on TSX Venture Exchange since 2019, operates a mobile app user-acquisition platform that integrates multiple digital media outlets, offering advertisers unified campaign management and cost efficiency.

Zoomd Technologies (TSXV: ZOMD) (OTC: ZMDTF) has announced new client partnerships, expanding its global reach in user acquisition and digital marketing solutions. The company has recently onboarded prestigious clients including Go Henry, Liverpool, Fanatics, NBA, Urbanic, and Lightrix. Each of these clients spans diverse industries such as fintech, retail, sports merchandise, entertainment, fashion, and digital media.

These partnerships highlight Zoomd's robust capabilities in user acquisition and its commitment to delivering exceptional results. Chairman Amit Bohensky expressed gratitude for the trust these brands have placed in Zoomd, emphasizing the company's mission to help clients achieve and exceed their growth objectives globally.

Zoomd offers a comprehensive mobile-first toolbox for user acquisition, combining its UA platform, demand-side platform (DSP), and influencer marketing services. This holistic approach ensures brands can effectively connect with their target audiences, maximize engagement, and achieve exceptional performance in a highly competitive digital environment.

By continuing to innovate and expand its capabilities, Zoomd aims to empower brands with the tools and insights needed to thrive in the digital world.

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.