Technology

Zoomd Technologies Reports Fourth Quarter and Fiscal 2024 Financial Results

Published

1 year ago

March 25, 2025

Conference call will be held on March 26, 2025 at 11AM ET

TORONTO, March 25, 2025 /PRNewswire/ — 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, today reported its financial results for the three months and full year periods ended December 31, 2024. The Company’s financial statements and management discussion and analysis (“MD&A”) are available in the Investors section of Zoomd’s website at https://zoomd.com/investors/ and on SEDAR+ under the Company’s profile.

Unless otherwise stated herein, all amounts are presented in United States dollars.

Key Financial Highlights

Revenues in FY2024 were US$54.5M, reflecting 70% growth compared to FY2023.FY2024 Gross Margin of 39%, representing a 2% YoY increase.Adjusted EBITDA of US$11.3M in FY2024 vs. US$1.7M in FY2023.Net income of US$8.9M in FY2024, an increase of US$13.6M compared to FY2023.Generated operating cash flow of US$7.7M resulting in an EoY cash balance of US$9.2M.

Management Commentary

Ido Almany, CEO of Zoomd Technologies, stated:

“2024 was a transformative year, demonstrating the strength of Zoomd’s strategic execution. We achieved a 100% year-over-year revenue increase in Q4, contributing to a 70% growth for the full year. Annual Adjusted EBITDA reached US$11.3 million, and we delivered net income of US$8.9 million, marking a notable turnaround from a US$4.7 million loss in 2023.

This performance highlights the scalability and resilience of our business model, technology, and approach, validated by seven consecutive quarters of operating income growth.

These results reflect the dedication, hard work, and disciplined execution by the entire Zoomd team. We remain committed to sustained profitable growth, prioritizing margin expansion, strong cash generation, and a compelling return on investment to drive continued shareholder value.”

Amit Bohensky, Chairman of Zoomd Technologies, stated:

“Zoomd’s performance in 2024 reflects the foundation we’ve built through focus, discipline, and belief in our strategy. Looking ahead, we remain committed to investing in the vision that drives us – scaling innovation, deepening customer value, and building a business that delivers over the long term.”

Fourth Quarter 2024 Financial Highlights

Revenues in Q4.24 increased by 100% to US$15M, compared to US$7.5M in Q4.23. During 2024 the Company achieved consistent quarterly revenue growth each quarter compared to the corresponding quarter in the previous year.Cost of sales for Q4.24 amounted to US$8.9M, reflecting an 80% increase compared to Q4.23. However, with revenues increasing 100% over the same period, the rise in costs remained notably lower, resulting in a significant improvement in gross margin compared to the same period in 2023.Operating expenses as a percentage of revenues for Q4.24 were 19%, reflecting a consistent decrease in operating expenses as a percentage of revenue over the past seven quarters.Adjusted EBITDA grew significantly from US$0.6M in Q4.23 to US$3.2M in Q4.24. The increase in Adjusted EBITDA is primarily attributable to the increase in revenues and an improved gross profit margin.Net income for Q4.24 was US$3M, compared to a net loss of US$0.03M in Q4.23, marking the fourth consecutive quarter of net income.Cash flow generated from operating activities for Q4.24 was US$2.6M. As of December 31, 2024, the Company’s cash balance amounted to US$9.2M, and no long term debt.Earnings per share for the year ended December 31, 2024 was C$0.12.

Fiscal Year 2024 Financial Highlights

Revenues for 2024 increased by 70% YoY, despite having discontinued several operations that no longer aligned with the Company’s vision.Cost of sales in 2024 amounted to US$33M, reflecting a 64% increase YoY.Operating Expenses as a percentage of revenue were 22% for FY2024, down from 50% in FY2023Research and Development expenses in 2024 were US$2.7M, a 17% decrease YOY. Selling, General and Administrative expenses in 2024, were US$9.5M, a 5% decrease YOY.Adjusted EBITDA for 2024, reached US$11.3M as compared with Adjusted EBITDA of US$1.7M in 2023. This significant increase is primarily attributable to the increase in revenues, and disciplined cost management.Net income for FY 2024 was US$8.9M, a significant turnaround from a net loss of US$4.7M in 2023. This improvement was primarily driven by revenue growth, operational restructuring, and the recognition of intangible asset impairments recorded in 2023.

CONFERENCE CALL

Amit Bohensky, Founder and Chairman, will hold a conference call to discuss the quarter’s financial results at 11 AM ET on March 26, 2025.

Interested parties can listen via a live webcast from the link available in the Investors section of Zoomd’s website at https://zoomd.com/investors/ or via https://app.webinar.net/w7KopoOpqXE.

A replay will be available after the call using the same links.

ABOUT ZOOMD:

Zoomd (TSXV: ZOMD) (OTC: ZMDTF), established in 2012 and listed on the TSX Venture Exchange since September 2019, provides an innovative mobile app user-acquisition platform that integrates with numerous global digital media outlets. This platform presents a unified view of multiple media sources, thereby serving as a comprehensive user acquisition control center for advertisers. It streamlines campaign management through a single point of contact, simplifying customer acquisition efforts. The consolidation of media sources onto one platform enables Zoomd to offer advertisers substantial savings by reducing the need for disparate data source integration, enhancing data collection and insights, and minimizing resource expenditure.

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.

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.

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. A reconciliation of Adjusted EBITDA and operating profit is available in Zoomd’s MD&A located on the Company’s profile at www.sedarplus.ca which is incorporated by reference into this press 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 Zoomd’s future outlook, its future ability to successfully continue its growth, its ability to continue to deliver products and services largely unimpacted by the privacy updates undertaken (or will be undertaken in the future) by Google and Apple as well as its ability to continue expanding into new geographies and industries. 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 military conflicts), 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:

Amit Bohensky
Chairman
Zoomd ir@zoomd.com

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

Logo – https://mma.prnewswire.com/media/2645176/Zoomd_Logo.jpg

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SOURCE Zoomd Technologies Ltd.

Technology

Nelnet Campus Commerce Named Top Higher Education Payment Solutions Provider by Education Technology Insights

Published

49 minutes ago

May 5, 2026

LINCOLN, Neb., May 5, 2026 /PRNewswire/ — Nelnet Campus Commerce, a division of Nelnet, Inc. (NYSE: NNI), announced it has been named Top Higher Education Payment Solutions Provider for 2026 by Education Technology Insights, a leading education technology publication. The recognition highlights payment providers making a measurable impact on how colleges and universities manage, process, and protect student-facing financial transactions.

This designation marks the second time in three years that Nelnet Campus Commerce has been honored by the Education Technology Insights publisher family. In 2023, sister publication Enterprise Security Magazine named Nelnet Campus Commerce a Top Payment Security Solutions Provider, reinforcing the company’s sustained focus on building secure, fully integrated payment technology for higher education.

Education Technology Insights is a monthly print and digital publication reaching more than 127,000 qualified subscribers. Honorees are selected through a structured evaluation process that includes subscriber nominations, editorial research, and review by an industry advisory panel.

For nearly 25 years, Nelnet Campus Commerce has maintained the highest levels of payment security and compliance in higher education, including Payment Card Industry (PCI) Level 1 validation, Point-to-Point (P2PE) Encryption, Family Educational Rights and Privacy Act (FERPA) compliance, and Nacha (the electronic payments association) Verified status. These credentials, combined with deep integrations across all major Enterprise Resource Planning (ERP) systems, have made Nelnet Campus Commerce a trusted partner for more than 1,100 higher education institutions navigating an increasingly complex payments landscape.

“Being recognized by Education Technology Insights, and by the same publisher that recognized our payment security leadership in 2023, reflects the sustained commitment our team brings to this work every day,” said Jackie Strohbehn, President of Nelnet Campus Commerce. “Higher education institutions deserve platforms that are not only flexible and intuitive for students and payers, but fundamentally secure. This recognition affirms that we are delivering on both, and we are grateful to our partner institutions who trust us to support their students and operations.”

The full editorial profile of Nelnet Campus Commerce is available on the Education Technology Insights website.

About Nelnet Campus Commerce
Nelnet Campus Commerce delivers unlimited payment opportunities across campus. Solutions use the latest technology to create a unique and integrated payment experience for more than 1,100 higher education institutions across the country. The intuitive and secure solutions are PCI Level 1 validated and integrate with every major ERP system. From payment processing and refunds to tuition payment plans and online storefronts, Nelnet Campus Commerce helps process every payment on campus. For more information, visit CampusCommerce.com.

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SOURCE Nelnet Campus Commerce

Technology

Cboe Global Markets Reports Trading Volume for April 2026

Published

49 minutes ago

May 5, 2026

CHICAGO, May 5, 2026 /PRNewswire/ — Cboe Global Markets, Inc. (Cboe: CBOE), a leading global markets operator and pioneer in equity derivatives, today reported April trading volume statistics across its global business lines.

The data sheet “Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report” contains an overview of certain April trading statistics and market share by business segment, volume in select index products, and RPC/net capture, which is reported on a one-month lag, across business lines.

Average Daily Trading Volume (ADV) by Month

Year-To-Date

Apr

2026

Apr

2025

Chg

Mar
2026

%
Chg

Apr

2026

Apr

2025

%
Chg

Multi-listed options (contracts, k)

14,374

13,260

8.4 %

14,203

1.2 %

14,051

13,372

5.1 %

Index options (contracts, k)

6,257

5,087

23.0 %

6,876

-9.0 %

6,167

4,853

27.1 %

Futures (contracts, k)1

222

309

-28.0 %

338

-34.1 %

268

265

1.1 %

U.S. Equities – On-Exchange (matched shares, mn)

1,677

2,118

-20.8 %

2,048

-18.1 %

1,890

1,765

7.1 %

U.S. Equities – Off-Exchange (matched shares, mn)

220

125

75.7 %

240

-8.4 %

242

100

142.8 %

Canadian Equities (matched shares, k)

195,488

170,517

14.6 %

203,135

-3.8 %

210,630

162,357

29.7 %

European Equities (€, mn)

16,624

17,410

-4.5 %

18,629

-10.8 %

17,122

14,684

16.6 %

Australian Equities (AUD, mn)

1,125

1,047

7.4 %

1,318

-14.7 %

1,181

873

35.3 %

Global FX ($, mn)

57,873

65,340

-11.4 %

79,865

-27.5 %

67,171

55,398

21.3 %

Cboe Clear Europe Cleared Trades (k)

141,289

167,213

-15.5 %

169,513

-16.7 %

576,006

579,285

-0.6 %

Cboe Clear Europe Net Settlements (k)

1,285

1,099

16.9 %

1,431

-10.2 %

5,216

4,300

21.3 %

1 In the second quarter of 2025, Digital futures products were transitioned to Cboe Futures Exchange. Futures metrics prior to the second quarter of 2025 exclude Digital futures products.

April 2026 Trading Volume Highlights

U.S. Options

Cboe’s proprietary index options set a single-day record on April 14 with 9.0 million contracts traded.S&P 500 Index (SPX) options set a single-day record on April 17 with 6.7 million contracts traded.Several areas across the business saw the second-highest monthly ADV on record, including Cboe’s proprietary index options (6.3 million), SPX options (5.0 million), mini-SPX options (XSP) (188 thousand contracts), and trading during Cboe’s Global Trading Hours (GTH) session (8:15 p.m. to 9:25 a.m. ET) (175 thousand contracts).

About Cboe Global Markets

Cboe Global Markets (Cboe: CBOE) is a leading global markets operator with a long history of innovation in equity derivatives. Since launching the world’s first listed options exchange in 1973, Cboe has pioneered landmark products, including the introduction of S&P 500® index options and the creation of the VIX® Index, the world’s leading gauge of market volatility, reshaping how investors manage risk and access opportunity. Today, Cboe operates derivatives, equities, and FX markets, providing trading, clearing, and investment solutions for customers worldwide. To learn more, visit www.cboe.com.

Cboe Media Contacts

Cboe Analyst Contact

Angela Tu

Tim Cave

Kenneth Hill, CFA

+1-646-856-8734

+44 (0) 7593-506-719

+1-312-786-7559

atu@cboe.com

tcave@cboe.com

khill@cboe.com

CBOE-V

Cboe®, Cboe Global Markets®, Cboe Clear®, Cboe Futures Exchange®, CFE®, Cboe Volatility Index®, and VIX® are registered trademarks of Cboe Exchange, Inc. or its affiliates. Standard & Poor’s®, S&P®, SPX®, and S&P 500® are registered trademarks of Standard & Poor’s Financial Services, LLC, and have been licensed for use by Cboe Exchange, Inc. All other trademarks and service marks are the property of their respective owners.

Any products that have the S&P Index or Indexes as their underlying interest are not sponsored, endorsed, sold or promoted by Standard & Poor’s or Cboe and neither Standard & Poor’s nor Cboe make any representations or recommendations concerning the advisability of investing in products that have S&P indexes as their underlying interests. All other trademarks and service marks are the property of their respective owners.

Cboe Global Markets, Inc. and its affiliates do not recommend or make any representation as to possible benefits from any securities, futures or investments, or third-party products or services. Cboe Global Markets, Inc. is not affiliated with S&P. Investors should undertake their own due diligence regarding their securities, futures, and investment practices. This press release speaks only as of this date. Cboe Global Markets, Inc. disclaims any duty to update the information herein.

Nothing in this announcement should be considered a solicitation to buy or an offer to sell any securities or futures in any jurisdiction where the offer or solicitation would be unlawful under the laws of such jurisdiction. Nothing contained in this communication constitutes tax, legal or investment advice. Investors must consult their tax adviser or legal counsel for advice and information concerning their particular situation.

Cboe Global Markets, Inc. and its affiliates make no warranty, expressed or implied, including, without limitation, any warranties as of merchantability, fitness for a particular purpose, accuracy, completeness or timeliness, the results to be obtained by recipients of the products and services described herein, or as to the ability of the indices referenced in this press release to track the performance of their respective securities, generally, or the performance of the indices referenced in this press release or any subset of their respective securities, and shall not in any way be liable for any inaccuracies, errors. Cboe Global Markets, Inc. and its affiliates have not calculated, composed or determined the constituents or weightings of the securities that comprise the third-party indices referenced in this press release and shall not in any way be liable for any inaccuracies or errors in any of the indices referenced in this press release.

There are important risks associated with transacting in any of the Cboe Company products discussed here. Before engaging in any transactions in those products, it is important for market participants to carefully review the disclosures and disclaimers contained at: https://www.cboe.com/us_disclaimers/.

Options involve risk and are not suitable for all market participants. Prior to buying or selling an option, a person should review the Characteristics and Risks of Standardized Options (ODD), which is required to be provided to all such persons. Copies of the ODD are available from your broker or from The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606.

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SOURCE Cboe Global Markets, Inc.

Technology

Danaher Announces Quarterly Dividend

Published

49 minutes ago

May 5, 2026

WASHINGTON, May 5, 2026 /PRNewswire/ — Danaher Corporation (NYSE: DHR) announced today that its Board of Directors has approved a regular quarterly cash dividend of $0.40 per share of its common stock, payable on July 31, 2026 to holders of record on June 26, 2026.

ABOUT DANAHER
Danaher is a leading global life sciences and diagnostics innovator, committed to accelerating the power of science and technology to improve human health. Through our connected ecosystem of industry-leading businesses, we work side by side with customers to solve many of their most complex scientific and clinical challenges—helping move innovations from discovery to delivery faster for patients who depend on them.

Powered by the Danaher Business System, our advanced science and technology and proven ability to innovate help enable faster, more accurate diagnoses and reduce the time, cost, and risk required to discover, develop, and deliver life-changing therapies. Through continuous improvement and operational excellence, our approximately 60,000 associates worldwide are focused on delivering lasting impact and improving quality of life around the world, while building a healthier, more sustainable tomorrow. Explore more at www.danaher.com.

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SOURCE Danaher Corporation