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Zoomd Technologies Ltd. (ZMDTF) delivers a mobile-first marketing technology platform that streamlines digital advertising through unified campaign management. This news hub provides investors and industry professionals with essential updates about the company's strategic developments and market position.
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Zoomd Technologies (TSXV: ZOMD) (OTC: ZMDTF), a marketing technology user-acquisition and engagement platform, has announced its plans to report second quarter 2024 financial results on August 28, 2024. The company has scheduled a conference call for the same day at 11 a.m. ET to discuss the results and provide a corporate update.
Interested parties can access the conference call via an Internet webcast available on the company's website. Participants who wish to submit questions for the call can email them to ZOMD@lythampartners.com. A webcast replay will also be available in the Investors section of Zoomd's website following the call.
Zoomd Technologies (TSXV: ZOMD) (OTC: ZMDTF) has been recognized as one of the Top User Acquisition Companies for 2024 by Business of Apps, marking its fourth consecutive year of receiving this prestigious badge. This accolade highlights Zoomd's commitment to innovation and superior performance in user acquisition.
The award emphasizes Zoomd's dedication to pioneering advancements in UA technology and providing top-notch solutions that help businesses expand their user base and increase revenues. Omri Argaman, Chief Growth Officer of Zoomd, expressed pride in the recognition, stating it reflects the team's hard work and creativity.
James Cooper, CEO of Business of Apps, commended Zoomd's consistent leadership and innovation in the user acquisition field, noting the platform's robust capabilities and effectiveness.
Zoomd Technologies (TSXV: ZOMD, OTC: ZMDTF) and its subsidiary Zoomd , a MarTech platform specializing in user acquisition (UA) and engagement, have been recognized as one of the Top App Marketing Companies of 2024 by Business of Apps. This accolade acknowledges Zoomd's exceptional performance, innovative strategies, and high customer satisfaction in the app marketing sector. Chief Growth Officer Omri Argaman highlighted the award as validation of their ongoing efforts to provide top-tier UA solutions. Business of Apps' Director James Cooper praised Zoomd's comprehensive platform for unifying and optimizing UA processes under one dashboard, cementing its leadership in the industry.
Zoomd Technologies (TSXV: ZOMD, OTC: ZMDTF) reported its Q1 2024 financial results. Revenue increased by 1% YoY and 16% QoQ, driven by strategic refocusing. Adjusted EBITDA rose to $1.2M from $0.2M in Q1 2023. The company reported a net income of $0.5M after six consecutive quarters of losses, ending the quarter with $2.3M in cash and no long-term debt. Operating income improved to $0.6M from an operating loss of $3.5M in Q1 2023. Expenses were reduced significantly: R&D by 26% QoQ and SG&A by 33% QoQ. Gross profit margin was 39%. The company held a conference call on May 30, 2024, to discuss these results.
Zoomd Technologies (TSXV: ZOMD; OTC: ZMDTF) will release its Q1 2024 financial results on May 30, 2024. The company, a MarTech user-acquisition and engagement platform, has scheduled a conference call for the same day at 11 a.m. ET to discuss the results and provide a corporate update. The conference call will be accessible via Internet webcast in the Investors section of the company’s website. Questions for the call can be sent to ZOMD@lythampartners.com, and a webcast replay will be available on the website.
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.
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