Welcome to our dedicated page for Zoomd Technologi news (Ticker: ZMDTF), a resource for investors and traders seeking the latest updates and insights on Zoomd Technologi stock.
Zoomd Technologies Ltd. (OTC: ZMDTF), together with its wholly owned subsidiary Zoomd Ltd., regularly issues news and updates as a marketing technology (MarTech) company focused on mobile app user acquisition and engagement. Its news flow reflects developments around its user-acquisition platform, financial performance, partnerships, and participation in industry and investor events.
Readers of the ZMDTF news page can expect coverage of quarterly and interim financial results, where Zoomd reports on revenue trends, profitability measures, cash generation, and non-IFRS metrics such as adjusted EBITDA. These releases often include management commentary discussing operating discipline, strategic focus on higher quality revenue opportunities, and the company’s approach to performance marketing and platform scalability.
News items also highlight operational milestones, such as increased presence in regions like North America and Europe, deeper penetration in verticals including entertainment and ecommerce, and the addition of new clients in areas such as iGaming, fintech, and ecommerce. Strategic partnerships, including the agreement with E2-Quadrat communications GMBH in the sports and betting segment, are another recurring theme, illustrating how Zoomd extends the reach of its user acquisition technologies and performance-based campaign tools.
Beyond financial and partnership announcements, Zoomd’s news includes industry recognition and event participation. Examples include being named among the Top Mobile Marketing Companies 2024 by Business of Apps and serving as a Silver Sponsor at Business of Apps Berlin 2025, as well as presenting at microcap investor conferences like LD Micro Main Event and Planet MicroCap Showcase. Investors and observers can use this news feed to follow how Zoomd positions its platform in the MarTech landscape and communicates its strategy to both customers and the capital markets.
Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) announces the appointment of Ido Almany as CEO, effective December 8, 2022. Almany succeeds Ofer Eitan, who was CEO since the 2017 merger with Moblin. Almany brings significant experience, including a successful tenure at American Express in Israel, generating US$140M in annual revenue. He aims to leverage his expertise to drive growth and strengthen Zoomd's market position. In connection with his appointment, Almany received 3.16 million stock options with performance and time vesting conditions.
Zoomd Technologies reported its financial results for Q3 2022, showing a 39% decline in revenues year-over-year at $9.8M, attributed to macroeconomic impacts on client advertising budgets. Despite this, revenues increased by 25% over the nine-month period. Adjusted EBITDA was positive at $15K, but the company faced an operating loss of $1.4M compared to a profit of $961K in Q3 2021. Zoomd expects revenue growth of 5% for the full year 2022, reflecting challenges in sectors like Fintech and Cryptocurrency. The company ended the quarter with $3.4M in cash and without long-term debt.
Zoomd Technologies Ltd. (OTC: ZMDTF) will announce its third quarter 2022 financial results on November 29, 2022, during a conference call at 11 a.m. ET. The company, specializing in marketing technology for user acquisition, offers a platform that consolidates over 600 media sources into a unified dashboard for advertisers. This integration aims to streamline data collection and enhance campaign management, saving resources for advertisers. The company invites interested parties to access the call via its website.
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.