From GlobeNewswire: 2024-04-29 20:57:00

ZoomerMedia Limited announced financial results for the second quarter of 2024, with revenues of $30.9 million and a net loss of $1.9 million for the six-month period ending February 29, 2024. This compared to revenues of $32.5 million and a net income of $0.4 million for the same period in 2023. EBITDA and adjusted EBITDA were $0.8 million and $3.1 million, respectively. (46 words)

ZoomerMedia operates various TV, radio, print, and digital properties, targeting both 45-plus “Zoomers” and younger audiences. Digital properties like DailyHive and blogTO reach millions of monthly users, while radio stations like The New Classical FM and Zoomer Radio have a strong listenership. The company’s flagship magazine, ZOOMER, is Canada’s largest paid circulation magazine for the 45-plus market. (45 words)

The company emphasizes creating content for key demographics, leveraging influential brands like VisionTV, The New Classical FM, and ZOOMER Magazine. ZoomerMedia’s diverse properties cater to a wide range of interests and reach audiences across Canada. With a focus on original content and multimedia experiences, ZoomerMedia continues to engage its target demographics effectively. (48 words)



Read more at GlobeNewswire:: ZoomerMedia Limited Announces Second Quarter 2024 Financial