Zoomd Technologies ( (TSE:ZOMD) ) has shared an announcement.
Zoomd Technologies reported a transformative fiscal year 2024, with revenues increasing by 70% to US$54.5 million and a significant turnaround in net income to US$8.9 million from a loss in the previous year. The company’s strategic execution led to a 100% revenue increase in Q4, improved gross margins, and a notable rise in adjusted EBITDA, highlighting the effectiveness of its business model and operational restructuring. This performance underscores Zoomd’s commitment to sustained profitable growth and long-term value creation for stakeholders.
More about Zoomd Technologies
Zoomd Technologies Ltd. operates in the marketing technology (MarTech) industry, offering a user-acquisition and engagement platform. The company focuses on providing scalable and resilient business solutions, emphasizing margin expansion, cash generation, and shareholder value.
YTD Price Performance: 0.33%
Average Trading Volume: 93,663
Technical Sentiment Signal: Sell
Current Market Cap: $58.88M
Find detailed analytics on ZOMD stock on TipRanks’ Stock Analysis page.