Zoomd Technologies, the most aggressive AdTech player globally
Zoomd (TSXV: ZOMD) is a Canadian digital advertising player utilizing Israeli intelligence tech claimed by the company to drive significantly better conversion rates on virtual advertising. Their SaaS platform serves advertisers and publishers as a virtual ads campaign manager, allegedly elevating efficiency and higher monetization on every ad. They promise way more bang for each buck spent on ads promoting products or services.
Zoomd clientele includes top brands and global companies
Zoomd is probably not exaggerating with top brands clientele vouching for their tech superiority and vale by mere existence and long term engagement. Global players such as Poker Stars, TikTok and Samsung are only a few of their clients and partners who use Zoomd to drive more online business and cash to their war-chests.
Zoomd has announced the acquisition of Performance Revenues
More interesting is the open-season Zoomd declared on other digital advertising companies via a newly launched buying spree. Yesterday, Zoomd announced the acquisition of the Japanese AdTech rising star, Performance Revenues. The cash/stock combined acquisition is part of an aggressive plan by Zoomd to grab more eyeballs by force and Japan was the first target.
Zoomd has operations in several countries; seeks to expand more
Zoomd already has operations in Canada, Brazil, Mexico, and many other countries and it seeks to expand now on the promise of 2021 being "The Year of AdTech" going ballistic.
Aggressive M&A strategy is driving Zoomd's visibility in capital markets
With over $27 million in revenues last year, an aggressive M&A strategy, and a new investor relations powerhouse driving Zoomd's visibility in capital markets, it's well-positioned for stellar take-off assuming they get the expected growth in 2021. Their bleeding-edge tech and Israeli voodoo may be the right combo for revenues and profits to grow after the year where humanity was forced to live online.
Company shares on TSVx surged by over 50%
Company shares on TSVx ($ZOMD) surged over 50% in two days on news of Japanese acquisition and new Investor Relations Agency engagement. It comes down to simple logic; COVID-19 lockdowns drove people to spend more time online. Indoor life resulted in a huge surge in internet activity as humanity reached out electronically to stay connected despite the distancing.
AdTech companies are gearing up for surge in service demand
Simple math brings clarity into an inevitable 2021 prediction - online advertising will explode. More eyeballs online convert directly into more virtual advertising space to be captured by fast-moving brands seeking to gain traction, usage, and online sales. AdTech companies are gearing up for a significant upsurge in service demand after last year's budget cuts by brands who simply suffered from the unknown.
