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Zoomd Technologies ( (TSE:ZOMD) ) has provided an announcement.
Zoomd Technologies reported a strong financial performance for Q1 2025, with revenues reaching $18.2 million, marking a 108% increase from the previous year. The company’s strategic focus on high-growth potential areas and global clients contributed to this success. The adjusted EBITDA rose significantly to $5.2 million, and net income increased to $4.8 million. The company also announced the resignation of Mr. Ofer Eitan from the Board of Directors. These results reflect Zoomd’s effective diversification strategy across client verticals and geographic markets, enhancing its industry positioning and supporting long-term growth.
Spark’s Take on TSE:ZOMD Stock
According to Spark, TipRanks’ AI Analyst, TSE:ZOMD is a Outperform.
Zoomd Technologies earns a strong overall stock score of 80.6, reflecting its significant financial improvements, attractive valuation, and positive corporate events. The company’s robust revenue growth and improved profitability are key strengths, while its undervalued P/E ratio suggests potential upside. Technical analysis shows mixed signals, with positive momentum but caution due to overbought conditions. Overall, Zoomd is well-positioned for growth in the Internet Content & Information industry, backed by strategic initiatives and financial stability.
To see Spark’s full report on TSE:ZOMD stock, click here.
More about Zoomd Technologies
Zoomd Technologies, established in 2012 and listed on the TSX Venture Exchange since September 2019, is a marketing technology company that provides an innovative mobile app user-acquisition platform. This platform integrates with numerous global digital media outlets, offering a unified view of multiple media sources and serving as a comprehensive user acquisition control center for advertisers.
Average Trading Volume: 331,553
Technical Sentiment Signal: Buy
Current Market Cap: C$82.31M
See more insights into ZOMD stock on TipRanks’ Stock Analysis page.