Zoomd Technologies ( (TSE:ZOMD) ) has issued an update.
Zoomd Technologies announced its preliminary Q1.25 financial results, reporting over 100% year-over-year revenue growth to US$18 million and a net income of US$4.5 million. This growth is attributed to increased customer acquisition and expansion into new international markets. The company’s strategic focus on diversifying client verticals and geographic markets has strengthened its resilience and adaptability, positioning it for sustainable long-term growth despite global trade challenges.
Spark’s Take on TSE:ZOMD Stock
According to Spark, TipRanks’ AI Analyst, TSE:ZOMD is a Neutral.
Zoomd Technologies exhibits strong financial performance with notable improvements in profitability, liquidity, and equity stability. While technical analysis shows current bearish trends, the stock’s valuation indicates potential undervaluation. Positive corporate events further support future growth prospects. Overall, the stock holds a favorable position in the Internet Content & Information industry, with opportunities for upside.
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 2019, operates in the marketing technology industry. It offers an innovative mobile app user-acquisition platform that integrates with global digital media outlets, providing advertisers with a unified view of media sources and streamlining campaign management.
YTD Price Performance: -35.00%
Average Trading Volume: 107,680
Technical Sentiment Signal: Sell
Current Market Cap: $37.98M
Find detailed analytics on ZOMD stock on TipRanks’ Stock Analysis page.