#Canada #Toronto #revenue growth #Zoomd Technologies #Q1 2025

Zoomd Technologies' Impressive Financial Performance in Q1 2025

Zoomd Technologies Ltd. (TSXV: ZOMD) has made headlines by posting extraordinary financial results for the first quarter of 2025, highlighted by a staggering 108% growth in revenue year-over-year. This marks a significant milestone for the company, further solidifying its position in the competitive marketing technology landscape.

Revenue Breakdown

In the first quarter, Zoomd reported revenues amounting to $18.2 million, a sharp increase from $8.7 million in the same period last year. This growth is attributed to its strategic initiatives aimed at targeting high-growth areas and expanding its presence across multiple geographic markets. Ido Almany, CEO of Zoomd Technologies, emphasizes that this remarkable performance is a testament to the trust and support they have cultivated among their global clientele. The combination of advanced automation, a robust technology platform, and disciplined execution played a crucial role in converting growth into a solid net income of $4.8 million during the quarter.

Financial Highlights and Business Strategies

Adjusted EBITDA for Q1 2025 soared to $5.2 million, up from just $1.2 million in the previous year, further indicating the company's operational efficiency and effective cost management strategies. Despite the revenue surge, the company reported total operating expenses of $3.1 million, only reflecting a modest increase of 10% year-over-year, largely driven by growth-related expenses such as performance bonuses. Notably, operating expenses as a percentage of revenue dropped to 17%.

The company also demonstrated impressive cash flow management, generating $3.3 million in cash for the quarter, while ending the period with a healthy cash balance of $12.5 million and no long-term debts, which positions Zoomd favorably for future growth and investments.

Amit Bohensky, Chairman of Zoomd Technologies, highlighted the firm's strategic approach to diversify across various client verticals and regions, which has proven essential in maintaining strong performance. The two-dimensional diversification strategy not only aids in expanding their market footprint but also mitigates reliance on a single sector, which is crucial during fluctuating market conditions.

Leadership Insights

The leadership at Zoomd also shared insights about the company's goals and prospects. They remain committed to scaling operations that reflect a solid strategic foundation—one that can navigate market dynamics while focusing on delivering long-term sustainable growth. The recognition from their shareholders reinforces their resolve to continue enhancing value consistently over time.

Upcoming Events

On May 22, 2025, a conference call will be held to further discuss these financial results, with Chairman Amit Bohensky leading the session. Interested parties can join the call through a live webcast on the Zoomd website.

Changes in Leadership

In a related note, the company announced the resignation of Ofer Eitan from its Board of Directors, effective May 18, 2025. The company expressed gratitude for his significant contributions during his tenure and extended best wishes for his future endeavors.

Company Background

Founded in 2012 and publicly listed on the TSX Venture Exchange in September 2019, Zoomd Technologies focuses on providing innovative user acquisition solutions for mobile apps. Their platform integrates various global digital media, offering advertisers a centralized control hub to manage user acquisition campaigns effectively. By streamlining campaign management, Zoomd helps clients save costs and glean valuable insights from data, solidifying its place as a leading provider in the marketing technology sector.

As Zoomd works to maintain its growth trajectory, it will undoubtedly continue to monitor market dynamics and leverage its innovative solutions to enhance its competitive edge in the industry.