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Zoomd Technologies Announces Multiple New Promotions

Press Release

VANCOUVER, British Columbia, May 12, 2022 – 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, announced today promotions of various personnel. The new appointments are to ensure Zoomd’s continuation of its strong growth that was achieved in recent quarters.

 

“We are pleased to announce new promotions of members from our team” said Ofer Eitan, Co-founder and Zoomd CEO. “Our people are our most important asset of the company, and these new appointments are important step in continuing the success of what we achieved over the years. We are fortunate to have built a strong team at Zoomd and look forward seeing them utilize their potential and take part with advancing the Company to the next level.”

Omri Argaman is a Co-founder and has served as Chief Marketing Officer (CMO). Omri will be appointed as Chief Growth Officer (CGO). The position includes the management of all marketing actions as well as the growth of the company. Omri has been managing Zoomd’s expansion into new geographies such as Latin America in the last year.

Yair Yaskerovitch is being promoted to Chief Operating Officer (COO), directing Zoomd’s operations and customer management activities. Yair has vast experience in the vertical, been with the Company since 2010, acting diverse rolls and activities, was recently the VP of media.

Ayelet Kaplan will be promoted to Director of User Acquisition. Ayelet has been with Zoomd for seven years most recently serving as a performance team leader.

Daniel Avshalom will be promoted to Director of Media. Daniel has been with Zoomd for seven years most recently serving as head of Ad operations.

David Itzkowitz will be promoted to Director of Performance. David has been with Zoomd for seven years most recently serving as head of performance.

 

About ZOOMD

Zoomd (TSXV: ZOMD, OTC: ZMDTF), founded in 2012 and began trading on the TSX Venture Exchange in September 2019, offers a site search engine to publishers, and a mobile app user-acquisition platform, integrated with a majority of global digital media, to advertisers. The platform unifies more than 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. By unifying all these media sources onto a single platform, Zoomd saves advertisers significant resources that would otherwise be spent consolidating data sources, thereby maximizing data collection and data insights while minimizing the resources spent on the exercise. Further, Zoomd is a performance-based platform that allows advertisers to advertise to the relevant target audiences using a key performance indicator-algorithm that is focused on achieving the advertisers’ goals and targets.

 

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.

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 the continuation of the Company’s growth and the ability of the mentioned individuals to facilitate such continued growth. 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 COVID-19 pandemic and the current war in Ukraine), 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:

Company Media Contacts:

Amit Bohensky
Chairman
Zoomd
ir@zoomd.com

+972 722200555

 

Investor relations:

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

646-829-9701

 

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Zoomd Signs agreement with Snapchat and receives Snapchat marketing partner certification

Press Release

Zoomd becomes certified by Snapchat to allow marketers using Zoomd’s self serve, SaaS products to launch, monitor, and optimize user-acquisition campaigns on Snapchat

 

VANCOUVER, British ColumbiaNovember 11, 2021 – Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) (https://wordpressmu-935437-3249329.cloudwaysapps.com) and its wholly-owned subsidiary Zoomd Ltd. (collectively, “Zoomd” or the “Company”), the marketing tech (MarTech) user-acquisition and engagement platform, today reported it has signed a formal marketing partner agreement with Snapchat on November 3, 2021 for becoming Snapchat certified marketing partner.

 

Since its launch in 2011, Snapchat became known for its “mobile-first” social experience. Snapchat places significant emphasis on users interacting with virtual stickers and augmented reality objects. As of July 2021, according to Snapchat’s reports, Snapchat had 293 million daily active users worldwide, a 23% growth over a year.

“We are thrilled to be among the few global tech companies that are certified partners and integrated with Snapchat directly via their API, enabling advertisers to easily run campaigns using Snapchat’s special ad formats, technology and capabilities, all under the Zoomd’s interface.”  says Ofer Eitan, Zoomd CEO.

With this new marketing partnership, via Zoomd’s self-serve products, subscribed advertisers will be afforded the ability to directly track, measure, automate, and optimize Snapchat user-acquisition campaigns on the Zoomd platform. Advertisers can seamlessly run Snapchat campaigns alongside other multiple campaigns across different social channels including Facebook, Instagram, TikTok, Twitter, Apple Search, and Google, all from a single dashboard.

About Zoomd:

Zoomd (TSXV: ZOMD, OTC: ZMDTF), founded in 2012 and began trading on the TSX Venture Exchange in September 2019, offers a site search engine to publishers, and a mobile app user-acquisition platform, integrated with a majority of global digital media, to advertisers. The platform unifies more than 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. By unifying all these media sources onto a single platform, Zoomd saves advertisers significant resources that would otherwise be spent consolidating data sources, thereby maximizing data collection and data insights while minimizing the resources spent on the exercise. Further, Zoomd is a performance-based platform that allows advertisers to advertise to the relevant target audiences using a key performance indicator-algorithm that is focused on achieving the advertisers’ goals and targets.

 

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.

 

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, statements with respect Zoomd’s future ability to successfully integrate Snapchat into its platform and provide for a good user experience. 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 which 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 COVID-19 pandemic), 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:

Company Media Contacts:

Amit Bohensky
Chairman
Zoomd
ir@zoomd.com

+972 722200555

 

Investor relations:

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

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ZOOMD ANNOUNCES PRELIMINARY 2Q2021 FINANCIAL RESULTS HIGHLIGHTED BY 96% REVENUE GROWTH, MAINTAINS 2021 REVENUE GROWTH GUIDANCE OF 30% TO 40%

Press Release

Key Highlights & Outlook

  • Revenues in 2Q21 are expected to be $11.1M, a year-over-year increase of 96%

  • Strong revenue growth was driven by the onboarding of new clients in recent months and growing existing customer’s business successfully

  • Adjusted EBITDA in 2Q21 is expected to be $1.3M versus a $(0.76M) loss in 2Q20, reflecting robust topline growth

  • Operating profit in 2Q21 is expected to be $0.6M versus a $(1.44M) loss in 2Q20

  • Zoomd maintains its 2021 revenue growth guidance of 30% to 40%, reflecting the strong post-pandemic market recovery, the on-boarding of new clients, the launch of new product lines, and strategic M&A activity.

 

VANCOUVER, BRITISH COLUMBIAJuly 26, 2021 – Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) and its wholly-owned subsidiary Zoomd Ltd. (collectively, “Zoomd” or the “Company”), the marketing tech (MarTech) user-acquisition and engagement platform, today announced preliminary 2Q21 results. Revenues in 2Q21 are expected to be $11.1M, a year-over-year increase of 96%. This represents the largest single-quarter revenue generation in the Company’s history. Strong revenue growth was driven by the onboarding of new clients in recent months, growing existing accounts and the Company’s expansion into growth geographies such as Latin America and Asia. Adjusted EBITDA in 2Q21 is expected to be $1.3M versus a $(0.76M) loss in 2Q20, reflecting strong topline growth. Operating profit in 2Q21 is expected to be $0.6M versus a $(1.44M) loss in 2Q20.

“We are excited to return to strong revenue growth” said Ofer Eitan, Zoomd’s CEO, adding “over the last six months we have been successful in acquiring new customers in emerging industries such as fintech, gaming and E-commerce and in addition, our legacy clients are increasing their advertising budgets, as they are seeing great results with our platform. Our clients are adopting our newly released self-serve products, as it allows them the ability and autonomy to manage their advertising campaigns in real time. In addition, we now have our geographical footprint into Asia and Latin America. The visibility into our organic growth in the upcoming months, combined with our integration of the Performance Revenues acquisition and current M&A discussions, lead us to maintain our 2021 revenue growth guidance of 30% to 40%.”

Zoomd expects to release the 2Q21 financial results in August 2021.

 

ABOUT ZOOMD:

Zoomd (TSXV: ZOMD, OTC: ZMDTF), founded in 2012 and began trading on the TSX Venture Exchange in September 2019, offers a site search engine to publishers, and a mobile app user-acquisition platform, integrated with a majority of global digital media, to advertisers. The platform unifies more than 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. By unifying all these media sources onto a single platform, Zoomd saves advertisers significant resources that would otherwise be spent consolidating data sources, thereby maximizing data collection and data insights while minimizing the resources spent on the exercise. Further, Zoomd is a performance-based platform that allows advertisers to advertise to the relevant target audiences using a key performance indicator-algorithm that is focused on achieving the advertisers’ goals and targets.

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.

 

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Information regarding the Company’s future growth prospect and the preliminary unaudited financial results contained in this press release may constitute forward-looking-information within the meaning of securities laws. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The financial estimates provided in this press release is provided to provide early guidance on the second quarter financial performance of the Company and readers are cautioned that this information may not be appropriate for any other purpose. In preparing the financial estimates, the Company completed an initial review of operations for the quarter ended June 30, 2021, however actual results may differ materially from the financial estimates provided in this press release as the financial outlook has not been audited or reviewed. When relying on the Company’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed that the material factors referred to herein will not cause such forward-looking statements and information to differ materially from actual results or events. However, there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.

Other than as required under securities laws, we do not undertake to update this information at any particular time.

Forward-looking information contained in this press release, including with respect to any future growth, is based on our current estimates, expectations and projections, which we believe are reasonable as of the current date. 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.

 

CAUTION REGARDING FINANCIAL ESTIMATES

The financial estimates set forth above are based on an initial review of the Company’s operations for the quarter ended June 30, 2021 and are subject to change. The Company’s independent registered public accounting firm, Brightman Almagor Zohar & Co. (Deloitte Member Firm), has not audited, reviewed or performed any procedures with respect to the accompanying financial estimates and other data, and accordingly does not express an opinion or any other form of assurance with respect thereto. They should not be viewed as a substitute for audited financial statements prepared in accordance with generally accepted accounting principles and are not necessarily indicative of the Company’s results for any future period.

 

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. The following table (all in $US thousands) shows the Company’s Non-IFRS measure (Adjusted EBITDA) reconciled to operating profit for the indicated periods:

 

in $US thousands Q2-2020 Q2-2021
ACTUAL ESTIMATED
Operating profit (loss) (1,440) 600
Adjustments
Depreciation and amortization 613 642
Cost of share-based payments 67 58
Total adjustments 680 700
Adjusted EBITDA (760) 1,300

 

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. The references in this press release to Adjusted EBITDA are forward-looking information about prospective financial performance and readers are cautioned that this information may not be appropriate for other purposes.

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Company Media Contacts:

Amit Bohensky
Chairman
Zoomd
ir@zoomd.com

+972 722200555

Investor relations:

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

 

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Zoomd Technologies Onboards VentureBeat and Turkish E-Commerce Giant Ahead of Q4

Press Release

Following a successful Q2 and mitigation of the COVID-19 pandemic, Zoomd gears up to muscle through the rest of 2020 with the onboarding of new publishers and advertisers

VANCOUVER, British ColumbiaOct. 20, 2020 (TSXV: ZOMD) (OTC: ZMDTF) and its wholly-owned subsidiary Zoomd Ltd. (collectively, “Zoomd” or the “Company”), the marketing tech (MarTech) user-acquisition and engagement platform, announces the onboarding of several new publishers and advertisers, including VentureBeat and Turkish ecommerce giant Hepsiburada.

With its underlying Artificial Intelligence (AI) and Natural Language Processing (NLP) technology, management believes that Zoomd’s unified platform is providing new advantages to publishers by optimizing site traffic via on-site search, and guiding advertisers in managing their user acquisition (UA) across hundreds of media channels.

VentureBeat will utilize Zoomd’s on-site search service, while Hepsiburada will utilize Zoomd’s UA service. Hepsiburada is joined by other advertisers who will also utilize Zoomd’s UA service, including American real estate tech startup RedFin, European sports betting giant Betway, and hyper-casual game publisher FugoGames.

“After a tumultuous number of months dominated by COVID-19, Zoomd has managed to weather the storm and these new collaborations are a testament to that,” says Amit Bohensky, Chairman and Co-Founder of Zoomd. “As the pandemic’s restrictive nature accelerates the world’s shift to digital solutions, Zoomd is excited to play a role in helping publishers and advertisers reach their objectives.”

The latest onboarding round adds to Zoomd’s growing list of companies subscribing to their service that already includes Disney, Manilla TimesSouth Africa’s National Enquirer, Poker Stars, Ali Express, bwin, Grammarly, DostaVista, eToro, Brazilian digital banking pioneer Banco Original, and many others.

 

About Zoomd

Zoomd (TSXV: ZOMD, OTC: ZMDTF), founded in 2012 and began trading on the TSX-V in September 2019, offers a site search engine to publishers, and a mobile app user-acquisition platform, integrated with a majority of global digital media, to advertisers. The platform unifies more than 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. By unifying all these media sources onto a single platform, Zoomd saves advertisers significant resources that would otherwise be spent consolidating data sources, thereby maximizing data collection and data insights while minimizing the resources spent on the exercise. Further, Zoomd is a performance-based platform that allows advertisers to advertise to the relevant target audiences using a key performance indicator-algorithm that is focused on achieving the advertisers’ goals and targets.

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

For further information please contact:

Company Media Contacts:
Amit Bohensky
Chairman
Zoomd
IR@zoomd.com

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

Want to know more?
Contact Us
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