Zoomd Technologies (ZOMD) Q1 2025 earnings summary

Executive summary

• Q1 2025 revenue exceeded 100% year-over-year growth, reaching $18.9 million, driven by global client expansion and strategic focus on high-growth sectors.

• Adjusted EBITDA rose to $5.2 million from $1.2 million in Q1 2024, reflecting improved operating leverage.

• Net profit for Q1 2025 was $4.8 million, with consistent margin improvement over eight quarters.

• Cash flow from operations was $3.3 million, ending with $12.5 million in cash and no long-term debt.

• Diversified customer base across e-commerce, iGaming, entertainment, transportation, and consumer product goods, with deepened activity among existing and new clients.

Financial highlights

• Q1 2025 revenue reached $18.9 million, more than doubling compared to Q1 2024.

• Operating income was $4.9 million, a $4.3 million improvement year-over-year.

• Adjusted EBITDA margin improved significantly due to higher revenues and gross margin expansion.

• Operating expenses as a percentage of revenue decreased to 17% in Q1 2025 from 32% in Q1 2024.

• Total operating expenses were $3.1 million, up 10% year-over-year, mainly due to growth-related costs.

Outlook and guidance

• Continued focus on organic growth, with openness to strategic acquisitions if opportunities arise.

• Management remains focused on diversification across client verticals and geographies to support scalable, resilient growth.

• Confident that recurring revenues and cash flow will meet future working capital requirements.