Zoomd Technologies Reports Third Quarter 2025 Financial Results
Conference call will be held on November 28 , 2025 at 11 AM ET
Unless otherwise stated herein, all amounts are presented in
Q 3 . 25 Financial Highlights
- Revenues in Q3.25 were
US$16.1M , a 3% decline compared to Q3.24. - Gross Profit of
US$6.9M , up fromUS$6.5M in Q3.24. - Operating Margin reached 23.1% in Q3.25, an increase from 19.4% in the prior year's quarter.
- Net Income was
US$3.8M , a 20% increase compared to Q3.24. - Generated a record
US$5.4M in cash from operations, compared toUS$2.7M in Q3.24. - Cash balance of
US$18.3M , and no long-term debt. - Earnings per share for Q3.25 was
C$0.06 .
Nine Months Ended
- Revenue totaled
US$54M , representing a 37% increase year over year. - EBITDA increased by 82%, compared to the nine months ended
September 30, 2024 . - Net Income was
US$14.6M , a year over year increase of 150%. - Generated
US$14.3M cash from operations, an increase of 182% year over year. - Earnings per share for Q3.25 was
C$0.20 .
Recent Operational Highlights
- Increased presence in
North America andEurope . - Added over 10 new clients in areas of iGaming, FinTech, and Ecommerce.
- Formed a partnership with E2, a global leader in digital marketing and technology solutions for the sports and betting industry.
Management Commentary
"This quarter reflects our continued focus on profitability and operational discipline. While revenue was slightly lower compared to last year, mainly due to a one-time event during the corresponding quarter, our key profitability metrics improved year over year, including gross margin, operating margin, net income, and cash generation from operations.
As we look ahead, our industry is undergoing meaningful changes, and our strategic focus on higher quality revenue opportunities and effective, nimble management provides the foundation to navigate these shifts successfully. In parallel, we are expanding our client base, exploring additional partnership opportunities similar to our recently announced strategic agreement with E2, and constantly evaluating selective M&A opportunities to further support our long term direction."
"Our results since the beginning of the year highlight the tangible progress we have made. In the first nine months of 2025, revenues grew by 37%, compared to the same period last year, and delivered strong performance that increased our cash balance to over
As always, we remain attentive to market changes, adjusting accordingly, and continue to explore opportunities for strategic growth. We are here to serve our shareholders drive long term momentum."
Third Quarter 2025 Financial Highlights
- Revenues in Q3.25 were
US$16.1M , a 3% decrease fromUS$16.7M in Q3.24, primarily reflecting a one-time revenue benefit in the prior-year period from the Euro Cup tournament. - Gross margin in Q3.25 was 42.6%, a 332 basis point increase compared to 39.3% in Q3.25. The improvement was driven by continued operational efficiencies.
- Total operating expenses for Q3.25 were
US$3.2M , a 5% decline compared to Q3.24. Despite a 3% year over year decrease in revenues, operating margins expanded by 366 basis points, reflecting improved gross margins and continued disciplined cost control. - Adjusted EBITDA in Q3.25 was
US$4M , representing a 3% growth compared to Q3.24. - Net income for Q3.25 was
US$3.8M , a 20% increase compared to Q3.24, driven by strong margins and prudent expense structure. - Cash flow from operations reached a record
US$5.4M . As ofSeptember 30, 2025 , the Company had a cash balance ofUS$18.3M , and no long term debt. - Earnings per share for Q3.25 was
C$0.06 .
CONFERENCE CALL
Interested parties can listen via a live webcast from the link available in the Investors section of
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CAUTION REGARDING NON-IFRS FINANCIAL MEASURES
This press release refers to "Adjusted EBITDA" which is a non-IFRS financial measure that does not have a standardized meaning prescribed by IFRS. The Company's presentation of this preliminary financial measure may not be comparable to similarly titled measures used by other companies. This preliminary financial measure is intended to provide additional information to investors concerning the Company's estimated results. Adjusted EBITDA is defined as earnings before interest, tax, depreciation and amortization, as adjusted for share-based payments, and is a measure of a Company's operating performance. Essentially, it's a way to evaluate a Company's performance without having to factor in financing decisions, accounting decisions or tax environments.
Management uses this non-IFRS measure as a key metric in the evaluation of the Company's performance and the consolidated financial results. The Company believes Adjusted EBITDA is useful to investors in their assessment of the operating performance and the valuation of the Company. However, non-IFRS financial measures are not prepared in accordance with IFRS, and the information is not necessarily comparable to other companies and should be considered as a supplement to, not a substitute for, or superior to, the corresponding measures calculated in accordance with IFRS. A reconciliation of Adjusted EBITDA and operating profit is available in
DISCLAIMER IN REGARD TO FORWARD-LOOKING STATEMENTS
This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to
Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise, except as required by law.
The reader should not place undue importance on forward-looking information and should not rely upon this information as of any other date. All forward-looking information contained in this press release is expressly qualified in its entirety by this cautionary statement.
FOR FURTHER INFORMATION PLEASE CONTACT:
Chairman
ir@zoomd.com
Investor relations
New York | Phoenix
ZOMD@lythampartners.com
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