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  • OTCQB:QYOUF
  • TSXV:QYOU

QYOU Media Reports Q1 FY 2025 After Completing Sale of “Q” India Channel Business

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Announcement Summary

QYOU Media Inc. (TSXV: QYOU) (OTCQB: QYOUF) reported Q1 FY 2025 results and completed a strategic realignment focused on influencer and social media marketing.

  • On March 31, 2025, the company completed the sale of its “Q” India Channel Business.
  • The realignment followed the initiation of Maxamtech mobile gaming business discontinuation in Q3 FY 2024.
  • Quarterly revenue was $5,726,804, which the company attributed primarily to paused and delayed US campaigns.
  • Adjusted EBITDA from continuing operations improved by $58,924 or 26%, according to the company.
  • The company said future comparisons will exclude discontinued business units and reflect its new strategic focus.

Cash provided by continuing operating activities was $683,523, compared with $169,233 in the same period prior year. The company also reported that net loss from continuing operations grew 8% or $45,691.

Investor FAQs

QYOU Media Inc., (TSXV: QYOU) (OTCQB: QYOUF) reported results for the three months ended March 31, 2025. Quarterly revenue was $5,726,804, down 12% compared with the same period in the prior year. Adjusted EBITDA from continuing operations improved by $58,924, or 26%, while net loss from continuing operations grew 8% or $45,691.
On March 31, 2025, the company completed the sale of its "Q" India Channel Business as part of a strategic realignment focused on its influencer marketing businesses in North America and India. It had also initiated the discontinuation of the Maxamtech mobile gaming business in the third quarter of fiscal 2024. The company said these discontinued operations would result in comparisons for the first quarter of 2025 and future periods excluding the discontinued business units, with year-over-year comparisons adjusted accordingly.
The company said the revenue decrease was primarily related to paused and delayed campaigns in its US business in response to global and market uncertainty during the quarter. Management believes this shortfall will be recovered over the course of the 2025 fiscal year. The source does not provide further detail on the timing or extent of any such recovery.
Cash increased by $306,891, or 32%, to $1,253,675, compared with $946,784 at December 31, 2024. Cash provided by continuing operating activities for the period ended March 31, 2025 was $683,523, compared with $169,233 in the same period of the prior year.
The company said it is concentrating on influencer and social media marketing through its operations in India and the United States. Its India business, Chtrbox, is described as an influencer and marketing platform and agency connecting brands and products with social media influencers. In the United States, the company works with film studios, game publishers and brands to create and market content through creators and influencers.
Adjusted EBITDA is a non-IFRS financial measure defined by the company as revenue minus operating expenses excluding stock-based compensation, marketing credits, depreciation and amortisation. The company states that the measure does not reflect the periodic costs of certain amortising assets used to generate revenue and may vary among companies, meaning its Adjusted EBITDA may not be comparable with similarly titled measures used by other companies.
The release contains forward-looking statements concerning future investments, approval of the exchange of investments, approval by the Reserve Bank of India of future investments, expected use of proceeds and future business activities. QYOU states that its assumptions may prove incorrect, that actual results could differ materially because of numerous factors, including risks beyond its control, and that it undertakes no obligation to update or revise the statements except as required by law. The release also refers to the company's efforts to move closer to becoming the first influencer marketing listed company in India on the BSE (formerly the Bombay Stock Exchange) via its India subsidiary, Chatterbox Technologies; this is described as an effort rather than a completed listing.

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