Zoomd Technologies Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 29, 2022 at 07:59 am EST
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Zoomd Technologies Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 9.79 million compared to USD 15.96 million a year ago. Net loss was USD 1.73 million compared to net income of USD 0.597 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.02.
For the nine months, sales was USD 42.26 million compared to USD 33.89 million a year ago. Net loss was USD 0.902 million compared to net income of USD 0.47 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to diluted earnings per share from continuing operations of USD 0.01 a year ago.
Zoomd Technologies Ltd. (ZOMD) offers a mobile application user-acquisition platform, integrated with many global digital media outlets, to advertisers. Zoomd is a performance-based platform, which allows advertisers to advertise to the relevant target audiences using a key performance indicator-algorithm, which is focused on achieving the advertisersâ goals and targets. The platform unifies approximately 600 media sources into one unified dashboard offering advertisers a user acquisition control center for managing all new customer acquisition campaigns using a single platform. Its products include Skipper-Navigate Your User Acquisition (UA), Mobile Demand Side Platform, UA Managed Services and Creators Generated Content. Skipper-Navigate Your UA creates, tracks, automates, and optimizes multiple campaigns, simultaneously, from one centralized dashboard. The Company offers its services through its agents and other business partners all over the globe. Its subsidiary is Zoomd Ltd.
ZOOMD TECHNOLOGIES LTD. 
