QYOU Media Inc. Achieves Record Revenue in 2024

TORONTO and MUMBAI, India, and LOS ANGELES, Calif., April 30, 2025 /CNW/ - QYOU Media Inc., a prominent player in the media sector, has announced its financial results for the fiscal year 2024, marking a significant milestone in its corporate journey. The company, listed on the TSX Venture Exchange under the ticker QYOU and traded over-the-counter as QYOUF, has reported a record annual revenue of $31.48 million. This figure represents the highest revenue mark in the company’s history, underscoring a year of robust growth and strategic success.

The surge in revenue was primarily driven by the company’s influencer marketing business units in the United States and India. QYOU Media Inc. has effectively streamlined its operations, focusing on producing and distributing content created by social media influencers, artists, and digital content creators. This strategic pivot has not only enhanced its market presence but also solidified its role as a key player in the communication services industry.

In addition to the impressive revenue figures, QYOU Media Inc. reported a remarkable 109% increase in annual adjusted EBITDA. This financial performance is particularly noteworthy as it marks the third consecutive quarter of positive adjusted EBITDA, reflecting the company’s operational efficiency and profitability.

The company’s success can be attributed to its innovative approach to influencer marketing, managing campaigns for major film studios and key household brands. By leveraging the power of social media stars and digital content creators, QYOU Media Inc. has expanded its reach and influence across television networks, satellite television, over-the-top media, and mobile platforms.

As QYOU Media Inc. looks to the future, the company is poised to build on this momentum. With a market capitalization of CAD 17.83 million and a close price of 0.03 CAD as of April 28, 2025, the company is well-positioned to capitalize on emerging opportunities in the media landscape. Despite a negative price-to-earnings ratio of -2.52, the company’s strategic initiatives and strong financial performance suggest a promising outlook.

In summary, QYOU Media Inc.’s record revenue and positive financial metrics for 2024 highlight its successful adaptation to the evolving media environment. As the company continues to innovate and expand its influencer marketing capabilities, it remains a compelling entity within the communication services sector.