Mr. Amit Bohensky reports

ZOOMD TECHNOLOGIES REPORTS SECOND QUARTER 2026 FINANCIAL RESULTS

Zoomd Technologies Ltd. has released its financial results for the three- and six-month periods ended June 30, 2026. The company's financial statements and management discussion and analysis (MD&A) are available in the investors' section of Zoomd's website and on SEDAR+ under the company's profile.

Unless otherwise stated herein, all amounts are presented in United States dollars.

Key highlights

• Q2 2026 revenues were $7.7-million, with a net income of $1.2-million. Ended the period with $22.6-million in cash and no bank debt.
• In Q2 2026, the company delivered broad-based improvements across its key income statement metrics compared with Q1 2026.
• Earnings per share for Q2 2026 was two cents.

Management commentary

Ido Almany, chief executive officer of Zoomd Technologies, stated:

"This quarter reflects a clear improvement in our operating performance, with revenues increasing by 11 per cent compared with Q1 2026, supported by positive operating income and EBITDA.

"The improvement reflects both increased activity across the business and the benefits of our ongoing efficiency initiative, in which AI-developed tools and internal capabilities now carry a growing share of our operational workload, giving us a structurally leaner and more scalable cost base.

"With over $22-million in cash, capital is our strongest card, and alongside our proven marketing and AI capabilities, it lets us pursue opportunities that would materially change the scale of this business. We are actively engaged in that work and will deploy capital where we are convinced it moves the needle -- deliberately, and at the right price."

Amit Bohensky, chairman of Zoomd Technologies, added:

"Zoomd's strong financial position continues to provide the company with substantial flexibility. The improved results this quarter demonstrate the strength of our business and our ability to adapt to changing market conditions, while continuing to invest in growth initiatives, strategic partnerships and technology capabilities.

"During the quarter, we began executing our NCIB program and have continued to execute share repurchases consistently as part of our disciplined capital allocation strategy. We believe these purchases represent an attractive use of capital at current market levels, reflecting our continued confidence in the long-term value and prospects of the company.

"We remain focused on building on the positive momentum, pursuing both organic and inorganic growth opportunities, and creating long-term value for our shareholders."

Second quarter 2026 financial highlights

• Revenues in Q2 2026 were $7.7-million, a 61-per-cent decrease from $19.6-million in Q2 2025, reflecting the continued impact of the previously announced operating model changes implemented by two major customers, with recent improvement in activity levels of one customer. Revenues in Q2 2026 increased by over 10 per cent compared with Q1 2026.
• Gross margin in Q2 2026 remained at 43 per cent, unchanged from Q2 2025, remaining within the range historically observed in the company's business.
• Total operating expenses for Q2 2026 were $2.8-million, a 7-per-cent decline compared to Q2 2025, reflecting the company's continuing operational efficiency and cost optimization measures. At the same time, the company increased its growth-oriented spending, including continued investment in business development and customer engagement.
• EBITDA (earnings before interest, taxes, depreciation and amortization) in Q2 2026 was $700,000 compared with $5.5-million in Q2 2025, primarily reflecting lower revenues, partially offset by the company's operational efficiency and cost optimization measures. Compared with Q1 2026, EBITDA improved in Q2 2026 by approximately $1-million, reflecting higher revenues and a lower cost structure.
• Net income for Q2 2026 was $1.2-million, compared to net income of $6.1-million in Q2 2025.
• As of June 30, 2026, the company had a cash balance of $22.6-million.
• During the quarter, the company repurchased and cancelled 131,000 common shares under its NCIB (normal course issuer bid) program.
• Earnings per share for Q2 2026 was two cents.

Conference call

Monday, Aug. 31, 2026, at 9 a.m. ET

The replay of the conference call will be available on the company's investor relations website.

About Zoomd Technologies Ltd.

Zoomd, established in 2012 and listed on the TSX Venture Exchange since September, 2019, provides an innovative mobile app user-acquisition platform that integrates with numerous global digital media outlets. This platform presents a unified view of multiple media sources, thereby serving as a comprehensive user acquisition control centre for advertisers. It streamlines campaign management through a single point of contact, simplifying customer acquisition efforts. The consolidation of media sources onto one platform enables Zoomd to offer advertisers substantial savings by reducing the need for disparate data source integration, enhancing data collection and insights, and minimizing resource expenditure.

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