Zoomd Technologies Ltd. Provides Revenue Guidance for the Year Ending December 31, 2021
June 01, 2021 at 01:00 pm
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Zoomd Technologies Ltd. provided revenue guidance for the year ending December 31, 2021. For the period, the company expects revenue outlook of $25 million to $36 million, representing growth of 30% to 40% year-over-year. Management estimates that at least $4 million or approximately 40% of the revenue growth to be caused primarily from the existing business model. Management estimates that up to $6 million or 60% of the revenue growth to be caused primarily as a result of acquisitions of carefully selected target companies that in line with the company's business, strategy, and vision.
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.