QuoteMedia Reports Strong Q3 Growth with 10% Revenue Increase and Major Contract Wins

QuoteMedia, Inc. (OTCQB: QMCI) reported third-quarter 2025 revenue of $5.2 million, representing a 10 percent increase compared to the same period last year, alongside improved profitability metrics and several major new contract wins. The financial market data provider demonstrated sustained growth in its core business while positioning itself for future expansion through strategic client acquisitions.

The company's financial performance showed notable improvement across key metrics, with adjusted EBITDA rising to $377,662 and net loss narrowing to $367,192. Management attributed the remaining net loss to lower capitalization and higher amortization of development costs, noting that these accounting treatments affect earnings but not the company's actual cash flow position. This distinction is important for investors evaluating the company's operational health and liquidity.

QuoteMedia's success in securing major new contracts represents a significant development for the company's growth trajectory. These agreements are expected to begin contributing meaningfully to revenue starting in the fourth quarter of 2025, suggesting continued momentum in the company's business development efforts. The timing of these contract implementations aligns with management's optimistic outlook for the coming quarters.

The company's position as a leading provider of market data and financial applications serves major financial institutions and corporations globally. QuoteMedia licenses interactive stock research tools including streaming real-time quotes, market research, news, charting, option chains, and portfolio management systems through platforms such as Quotestream and QMod. Their client roster includes prominent organizations like Nasdaq Stock Exchange, TMX Group, London Stock Exchange Group, and major financial institutions including JPMorgan Chase, Bank of Montreal, and The Goldman Sachs Group.

Management highlighted ongoing large-scale deployment discussions in their quarterly update, indicating potential for additional growth beyond the recently secured contracts. The company anticipates continued improvements in gross margin, EBITDA, and overall profitability as revenue expands and amortization impacts from prior development periods subside. This forward-looking perspective suggests confidence in both near-term operational efficiency and long-term strategic positioning.

The financial data services market continues to evolve with increasing demand for real-time information and analytical tools. QuoteMedia's performance and new contract wins demonstrate the company's ability to compete effectively in this dynamic sector. The 10 percent revenue growth in Q3 2025, combined with improved profitability metrics and strategic client acquisitions, positions the company for sustained expansion in the competitive financial technology landscape.