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Quotemedia (QMCI)
:QMCI
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QuoteMedia
(OTC:QMCI)
Rating:42Neutral
Price Target:―
QuoteMedia (QMCI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$14.52M
Dividend YieldN/A
Average Volume (3M)11.89K
Price to Earnings (P/E)―
Beta (1Y)0.12
Revenue Growth-0.88%
EPS Growth-467.50%
CountryUS
Employees118
SectorFinancial
Sector Strength68
IndustryFinancial - Data & Stock Exchanges
Share Statistics
EPS (TTM)-0.01
Shares Outstanding90,478,000
10 Day Avg. Volume18,429
30 Day Avg. Volume11,887
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap1.51
Enterprise Value/Revenue1.16
Enterprise Value/Gross Profit2.54
Enterprise Value/Ebitda12.27
Forecast
1Y Price Target
$0.23Price Target Upside64.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
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:May 15, 2025
(Q3-2024)
| % Change Since: -12.50%|
Next Earnings Date:Aug 13, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed outlook with significant challenges in the current quarter, including a decrease in revenue, increased costs, and a net loss. However, there is optimism for future growth with a strong pipeline and increased deferred revenue indicating potential future gains.Q3-2024 Updates
Positive Updates
Deferred Revenue Increase
Deferred revenue increased by $500,000 to $2.3 million, indicating potential future revenue from setup and development work already completed.
Strong Pipeline for 2025
The company has a strong pipeline with new clients and larger deals expected to close, projecting a positive outlook for 2025.
Cash Flow from Operations
Year-to-date net cash flow from operations was $2.6 million, indicating operational efficiency despite challenges.
Negative Updates
Decrease in Total Revenue
There was a 1% decrease in total revenue compared to the previous year, with specific declines in interactive content revenue by 3%.
Increased Costs and Expenses
Cost of revenue increased by 10%, and operating expenses also rose by 10%, impacting the company's financials negatively.
Net Loss for the Quarter
The company reported a net loss of $441,000 compared to net income of $126,000 in the comparative quarter.
Decrease in Adjusted EBITDA
Adjusted EBITDA decreased by $353,000 to $367,000 from $720,000 in the comparative quarter.
Bad Debt Increase
An increase in the allowance for bad debts by $175,000 due to a significant client discontinuing services.
Company Guidance
In the Q3 2024 earnings call for QMCI, the company reported a revenue of just under $4.7 million, which remained flat compared to the previous quarter but showed a 1% decrease year-over-year. The deferred revenue increased to $2.3 million, indicating ongoing setup and development work that has yet to be recognized. Interactive content revenue declined by 3%, while corporate Quotestream revenue increased by 1% and individual Quotestream revenue decreased by 1%. The cost of revenue rose by 10%, primarily due to increased amortization expenses, and the gross margin percentage decreased to 46%, down by 6%. Operating expenses also increased by 10%, driven by the addition of personnel, while sales and marketing expenses saw a significant 23% rise. The company reported a net loss of $441,000, compared to a net income of $126,000 in the same quarter last year, mainly due to personnel costs and increased bad debt allowance. Adjusted EBITDA fell to $367,000 from $720,000 in the previous year. Cash and cash equivalents decreased to $291,000, while the company maintained a year-to-date net cash flow from operations of $2.6 million. Looking ahead, QMCI anticipates a return to positive revenue growth in fiscal 2025, driven by pending sales in the pipeline and a reduction in development spending as major projects near completion.QuoteMedia Financial Statement Overview
Summary
QuoteMedia's financials reflect significant challenges, particularly in revenue generation and equity structure. The recent halt in revenue and consistently negative equity present substantial risks. However, the cash flow situation shows some resilience with positive free cash flow despite net income losses.Income Statement
The income statement shows fluctuating revenues with a recent decline to zero in 2024. While the company experienced growth in earlier years, the recent halt in revenue raises concerns. Gross Profit Margin and Net Profit Margin have been inconsistent, with recent declines. Historical EBIT and EBITDA margins were moderate, but recent performance impacts overall profitability negatively.45
Neutral
Balance Sheet
The balance sheet reflects weak equity positions with negative stockholders' equity historically, suggesting financial instability. Total liabilities consistently exceed assets, indicating high leverage. Improvements in cash and reduced net debt in recent periods are positive signs but do not fully mitigate the high-risk financial structure.40
Negative
Cash Flow
The cash flow statement shows volatile free cash flow figures, with recent significant positive free cash flow in 2024. Operating cash flow has been robust, especially in recent years, but fluctuating capital expenditures impact overall cash stability. The ability to generate free cash flow despite negative net income is a strength.50
Neutral
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 18.74M | 18.91M | 17.53M | 15.17M | 12.40M |
| Gross Profit | 8.87M | 9.64M | 8.56M | 6.74M | 5.70M |
| EBITDA | 1.88M | 3.01M | 2.57M | 1.86M | 692.40K |
| Net Income | -1.33M | 361.58K | 444.47K | 212.37K | -646.32K |
Balance Sheet | |||||
| Total Assets | 7.56M | 7.18M | 6.56M | 5.58M | 4.95M |
| Cash, Cash Equivalents and Short-Term Investments | 585.32K | 342.01K | 477.99K | 258.70K | 417.91K |
| Total Debt | 179.91K | 397.88K | 497.85K | 715.42K | 816.94K |
| Total Liabilities | 6.15M | 8.04M | 7.79M | 6.76M | 6.37M |
| Stockholders Equity | 1.42M | -859.88K | -1.23M | -1.17M | -1.42M |
Cash Flow | |||||
| Free Cash Flow | 243.31K | -135.97K | 221.38K | -147.24K | -497.03K |
| Operating Cash Flow | 3.68M | 3.15M | 3.14M | 2.16M | 1.33M |
| Investing Cash Flow | -3.44M | -3.28M | -2.92M | -2.31M | -1.83M |
| Financing Cash Flow | 0.00 | 0.00 | -2.09K | -11.96K | 99.45K |
QuoteMedia Technical Analysis
Negative
0.14
Price Trends
0.16
Negative
0.16
Negative
0.17
Negative
Market Momentum
>-0.01
Positive
39.11
Neutral
23.81
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 0.17, below the 50-day MA of 0.16, and below the 200-day MA of 0.17, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 39.11 is Neutral, neither overbought nor oversold. The STOCH value of 23.81 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
Overall Rating
UnderperformOutperform
Sector (67)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $14.79B | 28.25 | 26.35% | 1.08% | 5.07% | 4.19% | |
72 Outperform | $351.60M | 17.00 | 21.72% | 3.35% | -6.42% | 8.90% | |
70 Outperform | $43.12B | 36.93 | -117.99% | 1.22% | 10.48% | 0.98% | |
68 Neutral | $11.49B | 28.99 | 26.51% | 0.65% | 8.23% | 64.35% | |
67 Neutral | $17.01B | 11.59 | 9.50% | 3.95% | 10.65% | 1.31% | |
63 Neutral | $4.07B | ― | -0.64% | 2.20% | 2.52% | 42.27% | |
42 Neutral | $14.52M | ― | -119.45% | ― | -0.88% | -467.50% |
* Financial Sector Average
Performance Comparison
QMCI
QuoteMedia
0.16
-0.03
-15.79%
FDS
Factset Research
387.51
-13.41
-3.34%
MORN
Morningstar
262.07
-38.27
-12.74%
MSCI
MSCI
557.73
37.78
7.27%
VALU
Value Line
37.56
-3.20
-7.85%
DNB
Dun & Bradstreet Holdings
9.11
-2.41
-20.92%
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.