- Zoomd Technologies (ZMDTF, Financial) reported a 108% revenue growth, reaching $18.2 million in Q1 2025.
- Net income surged to $4.8 million, marking an increase of $4.3 million year-over-year.
- The company achieved a cash balance of $12.5 million, with strong cash flow generation and no long-term debt.
Zoomd Technologies Ltd. (OTC: ZMDTF), a marketing technology platform, has reported robust financial results for the first quarter of 2025. The company's revenue doubled to $18.2 million, reflecting a 108% increase compared to the same period in 2024. This significant growth was driven by a strategic focus on high-potential growth areas and a diversified global client base.
The company's net income reached $4.8 million in Q1 2025, representing a substantial year-over-year rise from $0.5 million in Q1 2024, translating to earnings per share of C$0.07. Zoomd's adjusted EBITDA also saw a remarkable increase to $5.2 million, up from $1.2 million in Q1 2024.
Zoomd further demonstrated its solid financial position with a cash flow generation of $3.3 million during the quarter, resulting in a cash balance of $12.5 million and no long-term debt. Operating expenses were effectively managed, constituting only 17% of total revenues and indicating improved operational efficiency.
The company's leadership attributes this strong performance to its strategic efforts in client diversification across varied sectors and geographic markets, alongside improved operational efficiencies.
Zoomd's CEO, Ido Almany, emphasized the company's commitment to leveraging advanced automation and a flexible technology platform to sustain growth and enhance shareholder value. Chairman Amit Bohensky highlighted the importance of strategic diversification in achieving scalable and resilient operations poised for long-term growth.
