Post by
dave17 on Oct 26, 2021 8:18am
Zoomd now expects 2021 revenue to increase more than 80%
ZOOMD TECHNOLOGIES RAISES 2021 REVENUE GUIDANCE EXPECTS 2021 REVENUE TO INCREASE BY AT LEAST 80% YOY (UP FROM 30% 40% IN PRIOR GUIDANCE) Details regarding our guidance: Growth from new customers, acquired primarily during the second 2ndhalf of 2020 through to the beginning of the year 2021, which are increasing their marketing budgets as they become more familiar with the platform, the services, and the results. The growth of these customers have been above our expectations.Growing with existing customers. Zoomd has been seeing an increased allocation advertising budgets from our existing customers. Our portion of the total budget has become bigger at the expense mainly of medias that have been suffering from lower budgets since iOS 14 and Appls privacy changes.Growth in new regions such as Latin America, Asia, India and Eastern Europe.Growth in emerging industry categories including fintech, ecommerce, and gaming.A successful acquisition of Perforamnce Revenues in February 2021 that was integrated faster than expected.
Comment by
skibum45 on Oct 26, 2021 10:42am
Wow... Strong update. TallerCraig called it. Nice volume today on a good technical base... Growth and value all wrapped together... Just a matter of time. Hoping for more sustained interest