Q2 2026 Zoomd Technologies Ltd Earnings Call Transcript
Key Points
- Revenue increased by over 10% quarter-over-quarter, with operating income and EBITDA turning positive.
- Net income improved by approximately $1.7 million compared to the previous quarter.
- Cash position remains strong with over $22 million in cash and no bank debt.
- Customer diversification is progressing, with new clients contributing over 20% of quarterly revenues.
- Operational efficiency measures, including AI tools, are reducing costs and improving margins.
- Revenue decreased by 61% year-over-year due to changes in operating models of two major customers.
- Uncertainty remains regarding the recovery of activity levels with one major customer.
- EBITDA declined significantly from $5.5 million in Q2 2025 to $0.7 million in Q2 2026.
- Net income dropped from $6.1 million in Q2 2025 to $1.2 million in Q2 2026.
- The company is still in a transition period with revenue levels not yet normalized.
Good morning, and welcome to the Zoomd Technologies reports second-quarter 2026 financial results conference call. (Operator Instructions) Please also note, today's event is being recorded.
At this time, I would like to turn the floor over to Ben Shamsian, Lytham Partners. Please go ahead.
Thank you. Good morning, and welcome to this morning's Zoomd second-quarter 2026 conference call. With us on the call representing the company is Amit Bohensky, Zoomd's Founder and Chairman; Ido Almany, Zoomd's Chief Executive Officer; and Tsvika Adler, Zoomd's Chief Financial Officer. At the conclusion of today's prepared remarks, we will open the call to questions. Please follow the operator's instructions to ask questions.
Before we begin with prepared remarks, just a couple of comments. Today's call will contain forward-looking statements that are based on current assumptions and subject to risks and uncertainties that could cause actual results to differ materially from those projected, and the company
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