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Financial services

QuoteMedia, Inc. Reports 5% Year-Over-Year Revenue Growth in Q2 2025

Strategic Insights

— 1 min read

QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, has announced financial results for the quarter ended June 30, 2025, showing a 5% year-over-year revenue growth to $4.93 million. The company secured several major new contracts expected to contribute meaningfully to revenue beginning in the third quarter. QuoteMedia provides comprehensive market data services, competing with larger legacy organizations and smaller companies, offering streaming data feeds, on-demand data, web content solutions, and applications such as Quotestream Professional desktop and mobile.

Key Takeaways:

  • QuoteMedia's revenue grew by 5% year-over-year to $4.93 million in Q2 2025.
  • The company secured several major new contracts expected to contribute meaningfully to revenue beginning in the third quarter.
  • QuoteMedia provides comprehensive market data services, including streaming data feeds, on-demand request-based data (XML/JSON), web content solutions, and applications such as Quotestream Professional desktop and mobile.
  • Adjusted EBITDA for Q2 2025 was $99,121, compared to $493,393 in Q2 2024, reflecting lower capitalized development costs.
  • Net loss was $853,582 in Q2 2025, compared to $251,173 in Q2 2024, due to the accounting impact of development cost capitalization changes.
  • The company's Q2 profitability was impacted by the accounting for development costs, which will decrease in future quarters as amortization expense decreases.
  • QuoteMedia's pipeline is robust, and the company is proud of the team's ability to secure and implement high-value contracts.

Statistics:

  • Revenue growth: 5% year-over-year to $4.93 million in Q2 2025.
  • Adjusted EBITDA: $99,121 in Q2 2025, compared to $493,393 in Q2 2024.
  • Net loss: $853,582 in Q2 2025, compared to $251,173 in Q2 2024.
  • Amortization expense: Elevated from prior periods, temporarily reducing Adjusted EBITDA and impacting profitability.
  • Gross margin, EBITDA, and profitability are expected to improve in future quarters.

Sources:

  • QuoteMedia, Inc. (2025). QuoteMedia, Inc. Reports 5% Year-Over-Year Revenue Growth in Q2 2025.

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