Zoomd Technologies Ltd. Reports Unaudited Financial Estimates for the Fourth Quarter and Full Year Ended December 31, 2019
February 14, 2020 at 12:30 pm
Share
Zoomd Technologies Ltd. reported unaudited financial estimates for the fourth quarter ended December 31, 2019. Total revenue of USD 7.5 million, in line with fourth quarter of last year and an increase of approximately 27.3% compared to third quarter of 2019. Operating profit to be USD 1,171,000.
For the full year, the co. expects Operating profit to be USD 3,448,000.
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.