Zoomd secures non-dilutive funding tie-up as revenue and EBITDA reset
Zoomd will refer qualifying advertising clients to Sharp Alpha and co-invest up to $1.0 million alongside the fund. Adjusted EBITDA fell to a $0.3 million loss versus $5.2 million positive a year earlier amid a sharp quarterly revenue decline. The balance sheet remains strong with $22.5 million cash, no bank debt, and an undrawn credit facility, but customer concentration is a key risk.