QuoteMedia Inc — Cyborg Score 3/10

Challenged
Financial market data distribution and analytics software

Strategic Profile

QuoteMedia positions itself as a leading provider of financial data, market research information, analytics, news feeds, and financial software solutions, offering a sole source for a wide array of market information including streaming stock market data feeds, research applications, portfolio management systems, and custom development. The company operates on a SaaS model for its portfolio management and content delivery offerings, targeting institutional and retail financial services clients globally.

Cyborg Score Rationale

QuoteMedia boosted 2025 licensing revenue 8% to $20.25M with steady 47% gross margin, but posted a $2.32M net loss, low cash, and a $4.37M working capital deficit, with management highlighting substantial going concern risks. The company faces profitability challenges despite modest revenue growth, constrained by operating expense discipline and limited liquidity.

Top Insights

  • Revenue increased 8% in 2025 to $20.25M with solid gains in portfolio management and data products, while gross margin held steady at 47%, indicating core business scalability.
  • Operating expenses rose 14% to $11.6M, largely from software development, pushing net loss to $2.3M as cost discipline lagged revenue growth.
  • Cash position of only $320K and a $4.4M working capital deficit created substantial doubt about going concern, with accumulated deficit of $23.5M requiring additional financing or profitability turnaround.
  • QuoteMedia provides corporate fundamentals data across the United States, Canada, and the United Kingdom, with support for consolidated enterprise data feeds and Cboe One Canada Feed for Canadian equities.

Named Competitors

  • Refinitiv — Enterprise financial data and analytics platform
  • FactSet — Institutional investment research and analytics
  • Bloomberg Terminal — Premium financial data and trading platform
  • S&P Market Intelligence — Integrated market data and analytics

Recent Developments

  • (April 2026) Filed 2025 annual report showing 8% revenue growth to $20.25M but $2.3M net loss with going concern warnings
  • (March 2026) Operating income at negative $1.3M with cash reserves at critical levels
  • (June 2025) Analyst rating maintained at Buy by Noble Financial despite financial stress

Open the full interactive QuoteMedia Inc report

Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.

Open report →