Zoomd Technologies Ltd. (ZOMD.V), a digital marketing company, Friday reported increased profit for the third quarter compared to last year.
Zoomd's net earnings were $3.8 million, a 20% increase compared to third quarter last year, driven by strong margins and prudent expense structure.
For the three-month period, earnings per share were C$0.06.For the reported quarter, total operating expenses were $3.2 million, a 5% decline compared to the same quarter last year.
The company's adjusted EBITDA was $4 million, representing a 3% growth from the comparable period last year.
In the third quarter, the company's revenues were $16.1 million, a 3% decrease from $16.7 million the prior year, primarily reflecting a one-time revenue benefit in the prior-year period from the Euro Cup tournament.
On the Toronto Stock Exchange, the shares closed on Thursday's regular trading 4.50% lower at C$1.91.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.