QuoteMedia Announces Q3 2025 Financial Results and Strong Growth Outlook

PHOENIX, Nov. 14, 2025 (GLOBE NEWSWIRE) -- QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, today announced financial results for the quarter ended September 30, 2025, reporting 10% year-over-year revenue growth to $5.2 million. The Company also secured several major new contracts expected to contribute meaningfully to revenue beginning in the third quarter.

QuoteMedia provides banks, brokerage firms, private equity firms, financial planners and sophisticated investors with a more economical, higher quality alternative source of stock market data and related research information. We compete with several larger legacy organizations and a modest community of other smaller companies.  QuoteMedia provides comprehensive market data services, including streaming data feeds, on-demand request-based data (XML/JSON), web content solutions (financial content for website integration) and applications such as Quotestream Professional desktop and mobile. 

Q3 2025 Financial Highlights (vs. Q3 2024)

• Revenue: $5,154,555 million, up $458,710 (10%)
• Adjusted EBITDA(1): $377,662, compared to $366,549, up $11,113
• Net Loss: $367,192, compared to $440,941, an improvement of $73,749
  

Management Commentary

“We are very pleased with our results this quarter,” said Robert J. Thompson, QuoteMedia’s Chairman of the Board. “We achieved strong revenue growth with a 10% year-over-year increase, and a 5% quarter-over-quarter increase from Q2 2025. In addition, we secured several major new contracts that will begin contributing to revenue in Q4 and beyond. We are also in advanced discussions for additional large-scale deployments, which we expect will further strengthen our performance.”

The Company’s Q3 profitability continues to be impacted by the capitalization of development costs:

• A smaller portion of development costs was capitalized compared to prior quarters, resulting in a greater amount being expensed immediately.
• As development costs are amortized over a three-year period, amortization expense remains elevated due to development costs capitalized in previous periods, temporarily reducing net income.
• While these factors affected reported earnings, they had no impact on cash flow.