- Revenue grew 106% YoY to US$18M in Q1 2025.
- Net income reached US$4.5M, improving by US$4M YoY.
- Expanded into new markets including UK, Japan, France, Mexico, Spain, and South Korea.
Zoomd Technologies Ltd. (ZMDTF, Financial) has announced its preliminary financial results for the first quarter of 2025, highlighting significant growth in revenue and net income. The company reported revenues of US$18 million, marking a 106% year-over-year increase from the previous year. This impressive performance is attributed to successful customer acquisition strategies and the company's expansion into new markets such as the United Kingdom, Japan, France, Mexico, Spain, and South Korea.
Aided by improved operational efficiency, Zoomd's Adjusted EBITDA increased to approximately US$5 million, a substantial rise from US$1.2 million in Q1 2024. Furthermore, net income saw a remarkable improvement, reaching US$4.5 million, marking a US$4 million increase from the same period last year. The company also generated US$3.5 million in net operating cash flow, underscoring its financial stability and growth potential.
Zoomd's management credits these results to strategic initiatives implemented over the past 18 months, focusing on portfolio diversification, client relationships, and disciplined execution. CEO Ido Almany emphasized the strength of their strategy amidst global trade dynamics, while Chairman Amit Bohensky highlighted the importance of their diversified approach across client verticals and geographic markets in navigating market volatility.
