QuoteMedia Reports 10% Q3 Revenue Growth and Secures Major New Contracts

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. The financial data and market information provider also demonstrated improved profitability metrics during the quarter, with adjusted EBITDA rising to $377,662. The company's net loss narrowed significantly to $367,192, reflecting ongoing operational improvements and revenue growth.

Management attributed the financial performance to both organic growth and strategic business development efforts. The company secured several major new contracts during the quarter that are expected to begin contributing meaningfully to revenue in the fourth quarter. These new agreements represent significant expansion opportunities across QuoteMedia's service offerings, which include streaming real-time quotes, market research, news, charting, and portfolio management systems.

The financial results were influenced by accounting treatments including lower capitalization and higher amortization of development costs, which affected earnings metrics but did not impact cash flow. Company executives emphasized that as revenue continues to expand and amortization impacts from prior periods subside, they anticipate continued improvements in gross margin, EBITDA, and overall profitability. Management also highlighted ongoing large-scale deployment discussions with potential clients, indicating a robust pipeline for future growth.

QuoteMedia provides industry-leading market data solutions and financial services to major financial institutions and corporations worldwide. The company's client base includes prominent organizations such as the Nasdaq Stock Exchange, London Stock Exchange Group, and numerous banking and financial services firms. The company's flagship products include Quotestream, QMod, and Quotestream Connect, which serve media companies, corporations, online brokerages, and financial services providers with comprehensive market data and analytical tools.

The positive quarterly results come amid increasing demand for sophisticated financial data and market information solutions across global markets. As financial markets become more complex and data-driven, providers like QuoteMedia are positioned to benefit from the growing need for reliable, real-time market intelligence and analytical tools. The company's ability to secure major new contracts while improving financial metrics suggests strengthening competitive positioning in the financial technology sector.