tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

QYOU Media’s Strategic Shift Yields Positive EBITDA Amidst Revenue Decline

Story Highlights
QYOU Media’s Strategic Shift Yields Positive EBITDA Amidst Revenue Decline

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1