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The latest announcement is out from QYOU Media ( (TSE:QYOU) ).
QYOU Media reported a positive Adjusted EBITDA for Q2 FY 2025, highlighting an 80% improvement in net loss due to strategic realignment towards influencer marketing. The company completed the sale of its ‘Q’ India Broadcast Channel Business and discontinued its Maxamtech mobile gaming business to concentrate on core operations. Despite a 16% revenue decline attributed to paused campaigns amid market uncertainty, the company expects recovery in the latter half of 2025. Additionally, Chatterbox Technologies, a subsidiary, is progressing towards a public listing on the BSE MSE Platform, which is anticipated to enhance growth and profitability.
More about QYOU Media
QYOU Media Inc. operates in the United States and India, focusing on producing and distributing content created by social media stars and digital content creators. The company is primarily engaged in influencer marketing, with a market focus on North America and India.
Average Trading Volume: 137,037
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$17.83M
For an in-depth examination of QYOU stock, go to TipRanks’ Overview page.