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Zoomd secures non-dilutive funding tie-up as revenue and EBITDA reset

Zoomd Technologies logoZoomd Technologies
Sig2.20Sen-1.85Env0.00Soc0.00Gov0.00

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.

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