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Zoomd Technologies Reports Fourth Quarter and Fiscal 2024 Financial Results

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Conference call will be held on March 26, 2025 at 11AM ET

TORONTO, March 25, 2025 /PRNewswire/ — Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) and its wholly-owned subsidiary Zoomd Ltd. (collectively, “Zoomd” or the “Company”), the marketing technology (MarTech) user-acquisition and engagement platform, today reported its financial results for the three months and full year periods ended December 31, 2024. The Company’s financial statements and management discussion and analysis (“MD&A”) are available in the Investors section of Zoomd’s website at https://zoomd.com/investors/ and on SEDAR+ under the Company’s profile.

Unless otherwise stated herein, all amounts are presented in United States dollars.

Key Financial Highlights

Revenues in FY2024 were US$54.5M, reflecting 70% growth compared to FY2023.FY2024 Gross Margin of 39%, representing a 2% YoY increase.Adjusted EBITDA of US$11.3M in FY2024 vs. US$1.7M in FY2023.Net income of US$8.9M in FY2024, an increase of US$13.6M compared to FY2023.Generated operating cash flow of US$7.7M resulting in an EoY cash balance of US$9.2M.

Management Commentary

Ido Almany, CEO of Zoomd Technologies, stated: 

“2024 was a transformative year, demonstrating the strength of Zoomd’s strategic execution. We achieved a 100% year-over-year revenue increase in Q4, contributing to a 70% growth for the full year. Annual Adjusted EBITDA reached US$11.3 million, and we delivered net income of US$8.9 million, marking a notable turnaround from a US$4.7 million loss in 2023.

This performance highlights the scalability and resilience of our business model, technology, and approach, validated by seven consecutive quarters of operating income growth.

These results reflect the dedication, hard work, and disciplined execution by the entire Zoomd team. We remain committed to sustained profitable growth, prioritizing margin expansion, strong cash generation, and a compelling return on investment to drive continued shareholder value.”

Amit Bohensky, Chairman of Zoomd Technologies, stated:

“Zoomd’s performance in 2024 reflects the foundation we’ve built through focus, discipline, and belief in our strategy. Looking ahead, we remain committed to investing in the vision that drives us – scaling innovation, deepening customer value, and building a business that delivers over the long term.”

Fourth Quarter 2024 Financial Highlights

Revenues in Q4.24 increased by 100% to US$15M, compared to US$7.5M in Q4.23. During 2024 the Company achieved consistent quarterly revenue growth each quarter compared to the corresponding quarter in the previous year.Cost of sales for Q4.24 amounted to US$8.9M, reflecting an 80% increase compared to Q4.23. However, with revenues increasing 100% over the same period, the rise in costs remained notably lower, resulting in a significant improvement in gross margin compared to the same period in 2023.Operating expenses as a percentage of revenues for Q4.24 were 19%, reflecting a consistent decrease in operating expenses as a percentage of revenue over the past seven quarters.Adjusted EBITDA grew significantly from US$0.6M in Q4.23 to US$3.2M in Q4.24. The increase in Adjusted EBITDA is primarily attributable to the increase in revenues and an improved gross profit margin.Net income for Q4.24 was US$3M, compared to a net loss of US$0.03M in Q4.23, marking the fourth consecutive quarter of net income.Cash flow generated from operating activities for Q4.24 was US$2.6M. As of December 31, 2024, the Company’s cash balance amounted to US$9.2M, and no long term debt.Earnings per share for the year ended December 31, 2024 was C$0.12.

Fiscal Year 2024 Financial Highlights

Revenues for 2024 increased by 70% YoY, despite having discontinued several operations that no longer aligned with the Company’s vision.Cost of sales in 2024 amounted to US$33M, reflecting a 64% increase YoY.Operating Expenses as a percentage of revenue were 22% for FY2024, down from 50% in FY2023Research and Development expenses in 2024 were US$2.7M, a 17% decrease YOY. Selling, General and Administrative expenses in 2024, were US$9.5M, a 5% decrease YOY.Adjusted EBITDA for 2024, reached US$11.3M as compared with Adjusted EBITDA of US$1.7M in 2023. This significant increase is primarily attributable to the increase in revenues, and disciplined cost management.Net income for FY 2024 was US$8.9M, a significant turnaround from a net loss of US$4.7M in 2023. This improvement was primarily driven by revenue growth, operational restructuring, and the recognition of intangible asset impairments recorded in 2023.

CONFERENCE CALL

Amit Bohensky, Founder and Chairman, will hold a conference call to discuss the quarter’s financial results at 11 AM ET on March 26, 2025.

Interested parties can listen via a live webcast from the link available in the Investors section of Zoomd’s website at https://zoomd.com/investors/ or via  https://app.webinar.net/w7KopoOpqXE.

A replay will be available after the call using the same links.

ABOUT ZOOMD:

Zoomd (TSXV: ZOMD) (OTC: ZMDTF), established in 2012 and listed on the TSX Venture Exchange since September 2019, provides an innovative mobile app user-acquisition platform that integrates with numerous global digital media outlets. This platform presents a unified view of multiple media sources, thereby serving as a comprehensive user acquisition control center for advertisers. It streamlines campaign management through a single point of contact, simplifying customer acquisition efforts. The consolidation of media sources onto one platform enables Zoomd to offer advertisers substantial savings by reducing the need for disparate data source integration, enhancing data collection and insights, and minimizing resource expenditure.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. 

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 Zoomd’s MD&A located on the Company’s profile at www.sedarplus.ca which is incorporated by reference into this press release.

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 Zoomd’s future outlook, its future ability to successfully continue its growth, its ability to continue to deliver products and services largely unimpacted by the privacy updates undertaken (or will be undertaken in the future) by Google and Apple as well as its ability to continue expanding into new geographies and industries. Forward-looking statements are based on our current assumptions, estimates, expectations and projections that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, technological, legal, privacy matters, political and social uncertainties (including the impacts of the military conflicts), the extent and duration of which are uncertain at this time on Zoomd’s business and general economic and business conditions and markets. There can be no assurance that any of the forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

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:

Amit Bohensky
Chairman
Zoomd ir@zoomd.com 

Investor relations:
Lytham Partners, LLC
Ben Shamsian
New York | Phoenix
ZOMD@lythampartners.com

Logo – https://mma.prnewswire.com/media/2645176/Zoomd_Logo.jpg

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SOURCE Zoomd Technologies Ltd.

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FutureDial Partners with SB Frameworks to Drive Mobile Refurbishment Automation in Japan

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SUNNYVALE, Calif., March 31, 2025 /PRNewswire/ — FutureDial, the global leader in connected device data sanitization, functional testing, and refurbishment automation, is proud to announce a strategic, multi-year partnership with SB Frameworks (SBF) Japan, a group company of SoftBank Corp., one of Japan’s most prestigious and innovative wireless operators. This collaboration will transform the second-hand mobile device market in Japan, setting a new benchmark for quality, efficiency, and automation in mobile refurbishment.

As Japan continues to lead the way in technological advancements, SBF is pioneering the future of mobile refurbishment by leveraging FutureDial’s industry-leading automation solutions. This partnership serves as a foundational step in SB Frameworks’ long-term vision to automate and scale mobile device renewal operations, ensuring premium quality, data security, and efficiency in the second-hand mobile market.

FutureDial: The Preferred Automation Partner for SB Frameworks

SB Frameworks, as an integral part of SoftBank’s extensive mobile ecosystem, has set forth an ambitious roadmap to modernize and scale mobile refurbishment operations. By partnering with FutureDial, the global leader in automation solutions for mobile device logistics, SBF is taking decisive steps toward an automated future, laying the foundation for long-term growth.

Why FutureDial?

 SB Frameworks selected FutureDial based on:

Industry Leadership & Proven Expertise – Over two decades of experience delivering best-in-class automation solutions for the mobile device supply chain.Modular & Scalable Automation – A stepwise approach allowing SBF to progressively integrate automation for seamless adoption and long-term success.Comprehensive Mobile Refurbishment Solutions – Covering everything from data erasure and diagnostics to functional testing and cosmetic inspection.Commitment to Knowledge Transfer & Long-Term Success – FutureDial is dedicating significant resources to ensure SBF’s internal teams gain expertise, experience, and the capability to scale operations efficiently.

A Broad, Multi-Phase Partnership for the Future

This partnership is designed as a multi-year initiative, with multiple phases aimed at progressively automating and refining SBF’s mobile refurbishment processes. The initial focus will be on optimizing core operations, such as:

Automated Data Erasure & Security Compliance – Ensuring all personal data is fully removed from devices, adhering to Japan’s stringent privacy standards.Advanced Functional Testing & Cosmetic Inspection – Implementing AI-driven diagnostics to enhance the grading and performance assessment of pre-owned devices.Automated Receiving & Processing Solutions – Exploring next-generation automation for inbound device logistics, inventory management, and repair workflows.

“This partnership is a game-changer,” said Hiroyuki Arai, President and Representative Director at FutureDial. “SB Frameworks has a clear vision for automation, and FutureDial is honored to support them in executing a multi-year, multi-phase transformation that will set new industry standards in Japan.”

Hiro Watanuki, SB Frameworks’ President & CEO, echoed this sentiment: “Partnering with FutureDial aligns perfectly with our long-term strategy to enhance efficiency and drive automation across SB Frameworks’ mobile refurbishment ecosystem. We see this as a critical step in elevating our operations and reinforcing SBF’s leadership in the mobile sector.”

Looking Ahead: A Partnership Built for the Future

The FutureDial-SBF collaboration is just the beginning. As the partnership progresses, FutureDial will continue to introduce new automation solutions, integrate advanced AI-driven technologies, and optimize mobile device processing at scale.

More details on this initiative will be revealed in the coming months as FutureDial and SBF continue to lead the charge in automation and innovation.

For media inquiries, please contact:

Brad Treese

FutureDial PR Team

btreese@futuredial.com 

+1.415.623.8000

About FutureDial

FutureDial is the leading provider of automation solutions for mobile device processing, diagnostics, and refurbishment, helping businesses streamline operations, reduce costs, and enhance efficiency across the reverse logistics and circular economy. FutureDial’s AI-powered, modular automation solutions are used by mobile carriers, device resellers, and logistics companies worldwide.

About SB Frameworks

SB Frameworks (SBF) is a group company of SoftBank Corp., focused on mobile device refurbishment, logistics, and technology-driven solutions. As an innovator in Japan’s mobile industry, SBF is committed to advancing automation, sustainability, and operational excellence in the mobile device lifecycle.

View original content:https://www.prnewswire.com/apac/news-releases/futuredial-partners-with-sb-frameworks-to-drive-mobile-refurbishment-automation-in-japan-302414987.html

SOURCE FUTUREDIAL INCORPORATED

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Li-S Energy collaborates with Kea Aerospace to power high altitude UAV flights

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SYDNEY, March 30, 2025 /PRNewswire/ — Li-S Energy (ASX:LIS) (‘Li-S’ or ‘the Company’) has signed a collaboration agreement with Kea Aerospace (Kea) to integrate Li-S’ advanced lithium sulfur battery technology into Kea’s high altitude UAVs targeting multi-month flight times.

The partnership was signed and unveiled at the Avalon International Airshow outside of Melbourne, where Li-S is an exhibitor. The collaboration will see Li-S’ battery technology integrated into Kea’s high-altitude UAVs, significantly enhancing flight endurance and operational efficiency. The Kea Aerospace media release is attached to this announcement.

Li-S’ collaboration with Kea is consistent with the Company’s strategy to target the rapidly growing markets of drones, defence and electric aviation. Kea has partnered with Li-S because its cutting-edge lithium sulfur battery technology offers significant weight savings and energy density, which are both critical to maximise UAV flight times and payload.

Kea High Altitude UAVs

Founded in New Zealand in 2018, Kea is currently flight-testing its aircraft in the stratosphere, between 55,000 and 65,000 feet. Its solar-powered Kea ‘ATMOS’ aircraft operates as a High Altitude Platform Station (HAPS) and High Altitude Long Endurance (HALE) aircraft. The drone gathers high-resolution aerial imagery and persistent video data for applications such as maritime awareness, environmental monitoring and disaster response, plus a broad range of other commercial use cases such as supporting telecommunications services. The potential for stratospheric HAPS aircraft capable of multi-month flight durations is substantial with Kea at the cutting edge of this global industry. The competitive benefits are compelling as HAPS offer far lower costs than satellites, greater persistence than conventional aircraft, and far greater control compared to un-steerable balloons.

Li-S collaboration

Li-S’ collaboration with Kea will focus on incorporating the Company’s ultra-light lithium sulfur battery cells and Li-S BMS technology into a Kea battery pack design, with ground testing expected in 2025 followed by flight testing.

The program objective will be to demonstrate the technology and integration in the 12.5 metre wingspan ATMOS Mk1 aircraft, followed by integration into the ATMOS Mk2 design, which will be capable of continuous flight for several months.

In ATMOS Mk2 the aircraft motors will cycle between power from the battery at night and solar cells during the day (with excess solar power also recharging the battery). Weight is absolutely critical for HAPS platforms. Having a battery with higher energy density prolongs flight time, improves payload capacity and can increase the geographic extent of operations, both in latitude and for operation in seasons with less daylight hours.

Dr Lee Finniear, CEO, commented:

“Our initial focus on the drone, defence and electric aviation markets is producing incredible opportunities for Li-S Energy. The stratospheric UAV market is a key sector of interest with enormous commercial potential. Partnering with Kea Aerospace positions us to engage at the cutting edge of this sector. Given the paramount importance of weight and reliability to Kea’s ATMOS line of stratospheric UAVs, their decision to collaborate with Li-S highlights how far advanced our battery technology is ahead of many of our competitors. We look forward to the testing program being undertaken in 2025, and to becoming a key technology partner of Kea’s as it delivers high performance, multi-month HAPS aircraft platforms to the global market.”

Dr Mark Rocket, Kea’s CEO noted:

“This announcement of our collaboration with Li-S at the Avalon International Airshow, one of the most prestigious airshows globally, speaks to how significantly we view our new partnership. Li-S’ next generation lithium-sulfur battery offers more than twice the energy density of conventional lithium-ion batteries, while being greener due to the absence of key materials such as cobalt. This year promises to be a pivotal year for Kea as we develop our ATMOS Mk2 aircraft and the successful integration of Li-S battery technology into our ATMOS UAVs would give us an incredible competitive advantage in an industry where the commercial applications are vast.”

About Li-S Energy

Li-S Energy is an Australian company at the forefront of next-generation battery innovation, developing lithium-sulfur and lithium-metal cells that offer more than twice the energy density of conventional lithium-ion. With a strong research foundation and a commitment to sustainability, the company leverages cutting-edge IP and nanomaterials like BNNTs and Li-Nanomesh™ to enhance performance, safety, and longevity. Li-S Energy aims to revolutionise energy storage for aviation, drones, defence, and beyond – delivering lighter, more efficient energy solutions for advanced applications where weight is critical.

About Kea Aerospace

The company is based in Christchurch, New Zealand. Our vision is to be the world-leader in stratospheric flight operation and data collection and we’re on a mission to create insights from the stratosphere that will improve life on our planet.

View original content to download multimedia:https://www.prnewswire.com/news-releases/li-s-energy-collaborates-with-kea-aerospace-to-power-high-altitude-uav-flights-302415144.html

SOURCE Li-S Energy

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Roborock Unveils Groundbreaking Saros Series in Australia

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Featuring World-First Robotic Arm Technology and Smarter, Slimmer Cleaning for Aussie Homes

SYDNEY, March 31, 2025 /PRNewswire/ — Roborock, a global leader in ultra-intelligent home robotics, today announced the arrival of its revolutionary Saros Series in Australia, featuring three cutting-edge models designed to set a new benchmark in home cleaning: the flagship Saros 10, the Saros 10R, and the robotic-arm-powered Saros Z70.

The Saros Series debuts as Roborock’s most advanced cleaning lineup yet –combining AI-driven navigation, ultra-powerful suction, and first-of-its-kind robotic arm technology – to offer Australians smarter, more precise, and more efficient cleaning solutions tailored for modern living.

“We’ve spent the past 11 years listening to our customers – what they love, what slows them down, and what they wish their smart home helper could do better,” said Richard Chang, Founder & CEO of Roborock. “The Saros Series is the result of that feedback. From robots getting stuck under couches to mops dragging dampness across carpets, we’ve addressed it all. Whether it’s the Saros Z70 picking up small items off the floor, the Saros 10 gliding under low-clearance furniture, or the Saros 10R navigating cluttered spaces with AI smarts, each model is built to remove friction from your daily routine.”

Roborock Saros Z70: The World’s First Robotic Home Assistant with OmniGrip
Headlining the series is the Saros Z70, the world’s first* mass-produced robotic vacuum featuring OmniGrip – a five-axis robotic arm designed to lift and remove everyday obstacles like socks, towels, and even sandals under 300g**. This means no more pre-cleaning prep. The robotic arm integrates seamlessly with StarSight™ Autonomous System 2.0, an AI-powered navigation platform that recognizes up to 108 different obstacles and intelligently charts its cleaning path with a 21x higher sampling frequency than traditional LDS systems.

With 22,000 Pa suction power, Dual Spinning Mops, and VertiBeam™ Lateral Obstacle Avoidance, the Saros Z70 offers an unrivaled deep clean with a robot vacuum body height at 7.98cm – while also packing pet-friendly features like live video monitoring and pet zone detection.

Roborock Saros 10: Slim, Smart, and Seriously Powerful
At just 7.98cm thin, the Saros 10 is engineered to glide under furniture with ease—delivering a powerful clean without compromise. It debuts RetractSense™  Navigation, featuring a retractable LDS module and 100-degree Wide-Angle Vision for unparalleled spatial awareness. Coupled with Reactive AI 3.0, VertiBeam™, and a 22,000 Pa HyperForce®  suction system, the Saros 10 sets a new standard for ultra-thin vacuums.

The Saros 10 also introduces VibraRise™ 4.0 mopping technology with an auto mop removal function. The mopping system is enhanced with dual sonic vibration zones and 8N of downward pressure, to tackle even the toughest stains. Its RockDock® Ultra 2.0 supports 80°C hot water mop washing, 60°C hot air mop drying, and 2.5-hour fast charging, delivering a hands-free and hygienic cleaning experience.

Roborock Saros 10R: AI-Powered Intelligence in a Slim Profile
The Saros 10R delivers flagship performance in Roborock’s slimmest robot body to date. Replacing the traditional LDS module with StarSight™ Autonomous System 2.0, the Saros 10R boasts real-time mapping via AI-powered dual-light 3DToF and RGB cameras. It recognises up to 108 different obstacles and maneuvers around obstacles along its way – making it ideal for households with kids, pets, and cluttered spaces.

With 19,000 Pa suction power, dual spinning mops, and a certified dual anti-tangle system, the Saros 10R is both powerful and low-maintenance. Its Multifunctional Dock 4.0 brings hot water mop washing, auto mop removal, smart charging, and full-fledge of self-maintenance features into the mix.

Built for Australian Homes
Saros Series models are compatible with the Roborock SmartPlan® 2.0 via the Roborock App, enabling AI-driven customisation of cleaning settings, schedules, and routines. While also featuring smart home support, compatible with Apple Siri, Amazon Alexa, Google Home, Apple Watch and the Matter protocol in the future.

Pricing and Availability

The Roborock Saros Series – comprising the Saros Z70, Saros 10, and Saros 10R – will be available in Australia from today at leading Australian retailers across Roborock Australia’s official retail channels, such as Roborock’s Official Online Store and other Participating Authorised Retailers.

Roborock Saros Z70 – RRP: $3,999 AUD, available to pre-order now on Roborock’s Official Online Store.Roborock Saros 10 – RRP: $2,999 AUD, available now.Roborock Saros 10R – RRP: $2,899 AUD, available from May 2025.

ENDS

About Roborock 
Roborock is a leading smart cleaning brand renowned for its intelligent cleaning solutions. With a steadfast dedication to becoming a global leading smart appliance player, Roborock enriches lives with its innovative line of robotic, cordless, wet/dry vacuum cleaners, and washer-dryers. Rooted in a user-centric approach, our R&D-driven solutions cater to diverse cleaning needs in over 15 million homes across 170+ countries. Headquartered in Beijing and with strategic subsidiaries in key markets, including the United States, Japan, the Netherlands, Poland, Germany, and South Korea, Roborock is dedicated to elevating its market presence worldwide. For more information, visit https://au.roborock.com/.  

*Roborock was the first in the robotic vacuum industry to mass-produce this technology, launching it in January 2025.

**Based on internal testing carried out by the manufacturer. Actual results may vary due to environmental factors and software updates.

 

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SOURCE Roborock

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