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QuoteMedia Inc (QMCI)
OTHER OTC:QMCI
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QuoteMedia
(OTC:QMCI)
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Rating:48Neutral
Price Target:
$0.14
▼(-0.71% Downside)
The score is held back primarily by weakened profitability and a higher-risk balance sheet (negative equity), despite strong revenue growth and positive free cash flow. Technicals remain soft, while the earnings call adds some support through improving margins, narrowing losses, and upbeat growth outlook, partially offset by liquidity and expense-growth concerns.
Positive Factors
Recurring Revenue Model
The recurring revenue model provides a steady income stream, enhancing financial stability and predictability, which is crucial for long-term planning and growth.
Strong Pipeline for 2025
A robust pipeline suggests potential for future revenue growth, indicating effective sales strategies and market demand for QuoteMedia's offerings.
Operational Cash Flow
Strong operational cash flow reflects the company's ability to generate cash internally, supporting ongoing operations and investment needs, even amid financial challenges.
Negative Factors
Declining Revenue
Declining revenue indicates challenges in maintaining market share or product competitiveness, which could impact long-term growth and profitability.
Increased Costs and Expenses
Rising costs and expenses can erode profit margins, limiting the company's ability to invest in growth initiatives and potentially affecting financial health.
Net Loss for the Quarter
A net loss indicates financial strain and challenges in achieving profitability, which may hinder the company's ability to invest in future growth opportunities.
QuoteMedia (QMCI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$12.67M
Dividend YieldN/A
Average Volume (3M)16.93K
Price to Earnings (P/E)―
Beta (1Y)0.38
Revenue Growth4.62%
EPS Growth-247.30%
CountryUS
Employees118
SectorFinancial
Sector Strength70
IndustryFinancial - Data & Stock Exchanges
Share Statistics
EPS (TTM)0.00
Shares Outstanding90,478,000
10 Day Avg. Volume31,381
30 Day Avg. Volume16,927
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)8.81
Price to Sales (P/S)0.67
P/FCF Ratio51.28
Enterprise Value/Market Cap0.99
Enterprise Value/Revenue0.64
Enterprise Value/Gross Profit1.40
Enterprise Value/Ebitda11.84
Forecast
1Y Price Target
$0.23Price Target Upside64.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QuoteMedia Business Overview & Revenue Model
Company DescriptionQuotemedia, Inc. provides financial data, market research information, analytics, news feeds, and financial software solutions to online brokerages, banks, clearing firms, financial service companies, media portals, and public corporations worldwide. It collects, aggregates, and delivers delayed and real-time financial data content through the Internet. The company also offers market information and services, including streaming stock market data feeds, research and analysis information, content applications, portfolio management systems, software products, corporate investor relations provisioning, news services, mobile apps, and custom development. In addition, its data feed coverage includes equities, options, futures, commodities, currencies, mutual funds, ETFs, and indices. Further, the company provides financial data delivery application products and components comprising quote modules, charts, market movers, news, watch lists, tickers, market summaries, option chains, filings, investor relations solutions, fundamentals, screeners, and others. Additionally, it offers portfolio managements systems, including Quotestream Desktop and Mobile, and Quotestream Professional, as well as a web portfolio management product; and Quotestream Connect, which delivers real time data feeds to individual users to power third party applications. The company was incorporated in 1999 and is headquartered in Fountain Hills, Arizona.
How the Company Makes MoneyQuoteMedia generates revenue primarily through subscription fees for its market data feeds and financial software solutions. These subscriptions are typically structured as recurring revenue models, providing the company with a steady stream of income. Additionally, QuoteMedia licenses its technology and services to financial institutions and corporations, further augmenting its revenue. Key partnerships with financial platforms and media companies also play a significant role in expanding its market reach and driving sales. By continuously enhancing its data offerings and tools, QuoteMedia attracts and retains a diverse clientele, ensuring a sustainable revenue flow.
QuoteMedia Earnings Call Summary
Earnings Call Date:Nov 14, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Mar 27, 2026
Earnings Call Sentiment Neutral
QuoteMedia's earnings call indicates solid revenue growth and profitability improvements, driven by strong market positioning and investment in AI. However, concerns about cash balance and increased operating expenses pose challenges. The sentiment is balanced, with both positive growth metrics and notable financial concerns.Q3-2025 Updates
Positive Updates
Revenue Growth
QuoteMedia reported a 10% year-over-year revenue increase and a 5% sequential increase from Q2 to Q3 2025. Corporate Quotestream revenue increased by 18%.
Gross Margin Improvement
The gross margin improved from 46% to 48%, with expectations for continued improvement as revenue grows and amortization expenses decrease.
Profitability Trends
The net loss for the quarter improved to $367,000 from $441,000 year-over-year. Adjusted EBITDA increased to $378,000 from $367,000.
Strong Deferred Revenue
Deferred revenue finished the quarter at $2.2 million, indicating strong contracted business for future periods.
AI and Product Development
The company is heavily investing in AI to automate services and enhance its product offerings, strengthening its competitive position.
Low Customer Churn
Customer churn remained very low, indicating strong customer retention.
Negative Updates
Cash Balance Concerns
The cash balance at quarter-end was $281,000, a decrease from $585,000 at the end of 2024, raising concerns about liquidity.
Increased Operating Expenses
Total operating expenses increased by 11% for the quarter, with a significant 74% increase in software development expenses.
Impact of Development Cost Accounting
The accounting for development costs continues to negatively impact reported earnings, despite not affecting cash flow.
Company Guidance
During QuoteMedia's third-quarter conference call for fiscal year 2025, the company reported a 10% year-over-year revenue increase and a 5% sequential increase from Q2 2025, indicating solid growth supported by new contracts set to start in the next quarter. The gross margin improved from 46% to 48%, with expectations for further enhancement as amortization expenses decrease over time. Operating expenses rose by 11%, primarily due to a 74% increase in software development expenses, attributed to a reduction in the proportion of capitalized development costs. The net loss for the quarter was reduced to $367,000 from $441,000 in Q3 2024, and adjusted EBITDA increased to $378,000. Deferred revenue stood at $2.2 million, reflecting strong contractual commitments. The company anticipates continued double-digit revenue growth into 2026, driven by increased average revenue per customer and cross-selling to existing clients. Despite the temporary impact of capitalized development costs on earnings, profitability is expected to improve as these expenses diminish.QuoteMedia Financial Statement Overview
Summary
Strong TTM revenue growth and positive free cash flow support resilience, but this is offset by current losses, margin compression, and a pressured balance sheet with negative equity, which increases financial risk.Income Statement
TTM (Trailing-Twelve-Months) revenue grew strongly (+239.7%), but profitability has weakened versus prior years: the company is now loss-making (TTM net margin -11.9%) with negative operating profit, and EBITDA margin has compressed to ~5.4% from ~10.0% in 2024. Earlier years (2021–2023) showed modest profitability, suggesting the current period reflects a meaningful deterioration in cost structure and/or mix despite top-line momentum.44
Neutral
Balance Sheet
Leverage is low in absolute dollars (TTM total debt ~$0.2M), but the capital structure is the key issue: stockholders’ equity is negative in TTM (-$0.26M) after being positive in 2024, which reduces financial flexibility and increases balance-sheet risk. Total assets are moderate (~$6.2M TTM), yet negative equity and weak returns on equity in the most recent periods point to an unstable capital base despite limited debt.28
Negative
Cash Flow
Cash generation is a relative strength: TTM operating cash flow is positive (~$1.94M) and free cash flow is also positive (~$1.08M) with growth of +6.3%. However, operating cash flow has declined versus 2024 (~$3.68M) and the business is currently reporting net losses, so sustaining positive free cash flow while restoring earnings power remains the key swing factor.62
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 19.60M | 18.74M | 18.91M | 17.53M | 15.17M | 12.40M |
| Gross Profit | 9.00M | 8.87M | 9.64M | 8.56M | 6.74M | 5.70M |
| EBITDA | 1.06M | 1.88M | 3.01M | 2.57M | 1.86M | 692.40K |
| Net Income | -2.33M | -1.33M | 361.58K | 444.47K | 212.37K | -646.32K |
Balance Sheet | ||||||
| Total Assets | 6.23M | 7.56M | 7.18M | 6.56M | 5.58M | 4.95M |
| Cash, Cash Equivalents and Short-Term Investments | 281.14K | 585.32K | 342.01K | 477.99K | 258.70K | 417.91K |
| Total Debt | 195.15K | 179.91K | 397.88K | 497.85K | 715.42K | 816.94K |
| Total Liabilities | 6.49M | 6.15M | 8.04M | 7.79M | 7.27M | 6.37M |
| Stockholders Equity | -262.70K | 1.42M | -859.88K | -1.23M | -1.69M | -1.42M |
Cash Flow | ||||||
| Free Cash Flow | 1.08M | 243.31K | -135.97K | 221.38K | -147.24K | -497.03K |
| Operating Cash Flow | 1.94M | 3.68M | 3.15M | 3.14M | 2.16M | 1.33M |
| Investing Cash Flow | -1.95M | -3.44M | -3.28M | -2.92M | -2.31M | -1.83M |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | -2.09K | -11.96K | 99.45K |
QuoteMedia Technical Analysis
Negative
0.14
Price Trends
0.14
Negative
0.15
Negative
0.16
Negative
Market Momentum
>-0.01
Positive
46.53
Neutral
37.04
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For QMCI, the sentiment is Negative. The current price of 0.14 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.14, and below the 200-day MA of 0.16, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.53 is Neutral, neither overbought nor oversold. The STOCH value of 37.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QMCI.
QuoteMedia Risk Analysis
QuoteMedia disclosed 15 risk factors in its most recent earnings report. QuoteMedia reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
QuoteMedia Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $9.44B | 16.18 | 28.83% | 1.49% | 5.88% | 12.18% | |
73 Outperform | $351.93M | 16.60 | 21.02% | 3.31% | -3.75% | -4.34% | |
71 Outperform | $8.31B | 22.98 | 24.42% | 0.84% | 7.76% | 15.92% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
48 Neutral | $12.67M | -5.45 | -187.41% | ― | 4.62% | -247.30% |
* Financial Sector Average
QMCI
QuoteMedia
0.14
-0.04
-22.22%
FDS
Factset Research
254.36
-210.05
-45.23%
MORN
Morningstar
202.09
-122.41
-37.72%
VALU
Value Line
37.48
-0.34
-0.91%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.