Zoomd Technologies Ltd. provided revenue guidance for the fiscal year 2022. For the period, Company expected revenues to be in a range of $66 million to $72 million, representing a year-over-year growth of 25% to 35%. The revised outlook reflects the global financial slowdown which is affecting advertising budgets.

The outlook is based on assumptions, each of which management considers to be reasonable which are set out in the MD&A.