Zoomd Technologies Ltd. (ZOMD) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for joining us today for Zoom's third quarter 2025 update conference call. With us on the call representing company today is Amit Bohansky, Zoom's founder and chairman. At the conclusion of today's prepared remarks, Amit will answer some questions that were sent to us by investors and other questions we think are relevant to investors as well. Before we begin with prepared remarks, just a couple of comments. Today's call will contain forward-looking statements that are based on current assumptions and subject to risk and uncertainties that could cause actual results to differ materially from those projected. And the company undertakes no obligation to update these statements except as required by law. Information about these risks and uncertainties are included in the company's filings, as well as periodic filings with regulators in Canada and the United States, which you can find on CDAR and Zoom's website. Today's discussion will include adjusted financial measures, which are non-IFRS measures. These should be considered as a supplement to and not a substitute for IFRS financial measures. that all figures on this call are noted in U.S. dollars as our new Zoom's financial statements. Finally, today's event is being recorded and will be available for replay through the webcast information provided in the press release. With that said, let me now turn the call over to Amit Bahansky, founder and chairman of Zoom. Amit, please proceed. Thank you, Ben, and good morning to all of you. We are pleased to speak with you today regarding our third quarter 2025 results. In Q3 2025, the company reported a 3% decrease in revenues compared to Q3 2024, primarily due to the fact that most revenue from the EuroCup tournament was recognized in Q3 of 2024. Despite the revenue...