Overview
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- TickerQMCI on OTC1
- IndustryServices-Business Services, NEC1
- HeadquartersFountain Hills, Arizona1
- Incorporated inNV2
- Business address17100 E Shea Blvd, Suite 230, Fountain Hills, Az 852682
- Filer categoryNon-accelerated filer, Smaller reporting company2
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QuoteMedia, Inc. (OTCQB: QMCI) is a leading provider of financial data, market research information, analytics, news feeds, and financial software solutions to online brokerages, banks, clearing firms, financial service companies, media portals, and public corporations. We are a sole source for a wide array of market information and services, including streaming stock market data feeds, research and analysis information, content applications, portfolio management systems, software products, corporate investor relations provisioning, news services, mobile apps, and custom development. Our portfolio management products are provided on a SaaS (software as a service) model, as are our other interactive content and data APIs.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Corporate Quotestream brought in 82% of the revenue QUOTEMEDIA INC broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Corporate Quotestream | $7.2M | $8.2M |
| Individual Quotestream | $1.8M | $1.8M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue53¢$10.8M
- Other costs46¢$9.4M
- Interest0¢$54.0K
- Income tax0¢$47.5K
Out of $20.3M in revenue.5 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending5¢$56.6K
- Kept or used elsewhere95¢$1.0M
Out of $1.1M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| REVENUE (see note 2) | $20.3M | $18.7M |
| COST OF REVENUE | $10.8M | $9.9M |
| GROSS PROFIT | $9.5M | $8.9M |
| Sales and marketing | $3.4M | $3.3M |
| General and administrative | $3.2M | $3.6M |
| Software development | $5.0M | $3.2M |
| TOTAL OPERATING EXPENSES | $11.6M | $10.2M |
| OPERATING LOSS | -$2.1M | -$1.3M |
| Foreign exchange (loss) income | -$116.7K | $103.7K |
| Interest expense | -$54.0K | -$2.5K |
| TOTAL OTHER INCOME (EXPENSES), NET | -$170.7K | $101.2K |
| NET LOSS BEFORE INCOME TAXES | -$2.3M | -$1.2M |
| Income tax expense (see note 9) | -$47.5K | -$147.0K |
| NET LOSS | -$2.3M | -$1.3M |
| Basic and diluted loss per share | -$0.03 | -$0.01 |
| Basic and diluted | 90.5M shares | 90.5M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $319.9K | $585.3K | $342.0K |
| Accounts receivable, net (see note 3) | $1.2M | $1.0M | |
| Prepaid expenses | $78.5K | $175.7K | |
| Other current assets | $242.3K | $162.7K | |
| Total current assets | $1.8M | $1.9M | |
| Deposits | $29.2K | $16.6K | |
| Property and equipment, net (see note 6) | $173.9K | $212.7K | |
| Capitalized internal-use software development costs, net (see note 7) | $3.4M | $5.0M | |
| Goodwill (see note 8) | $110.0K | $110.0K | |
| Intangible assets (see note 8) | $41.0K | $51.4K | |
| Operating lease right-of-use assets (see note 5) | $169.7K | $188.7K | |
| Total assets | $5.8M | $7.6M | |
| Accounts payable and accrued liabilities | $4.6M | $3.6M | |
| Deferred revenue (see note 2) | $1.6M | $1.7M | |
| Current portion of operating lease liabilities (see note 5) | $53.8K | $147.7K | |
| Total current liabilities | $6.2M | $5.4M | |
| Long-term portion of deferred revenue (see note 2) | $282.8K | $696.7K | |
| Long-term portion of operating lease liabilities (see note 5) | $117.9K | $32.2K | |
| Total long-term liabilities | $400.6K | $729.0K | |
| Preferred stock, 10,000,000 shares authorized: Series A Redeemable Convertible Preferred stock, $0.001 par value, 550,000 shares designated; shares issued and outstanding: 123,685 at December 31, 2025 (see note 10) | $3.0M | $3.0M | |
| Common stock, $0.001 par value, 150,000,000 shares authorized, shares issued and outstanding: 90,477,798 at December 31, 2025 and December 31, 2024 | $90.5K | $90.5K | |
| Additional paid-in capital | $19.6M | $19.5M | |
| Accumulated deficit | -$23.5M | -$21.2M | |
| Total stockholders' (deficit) equity | -$840.3K | $1.4M | -$859.9K |
| Total liabilities and stockholders' (deficit) equity | $5.8M | $7.6M | |
| Common Stock, Par Value | $0.00 | $0.00 | |
| Common Stock, Shares Authorized | 150.0M shares | 150.0M shares | |
| Common Stock, Shares Issued | 90.5M shares | 90.5M shares | |
| Common Stock, Shares Outstanding | 90.5M shares | 90.5M shares | |
| Preferred Stock, Shares Authorized | 10.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $319.9K | $585.3K | $342.0K |
| Accounts receivable, net (see note 3) | $1.2M | $1.0M | |
| Prepaid expenses | $78.5K | $175.7K | |
| Other current assets | $242.3K | $162.7K | |
| Total current assets | $1.8M | $1.9M | |
| Deposits | $29.2K | $16.6K | |
| Property and equipment, net (see note 6) | $173.9K | $212.7K | |
| Capitalized internal-use software development costs, net (see note 7) | $3.4M | $5.0M | |
| Goodwill (see note 8) | $110.0K | $110.0K | |
| Intangible assets (see note 8) | $41.0K | $51.4K | |
| Operating lease right-of-use assets (see note 5) | $169.7K | $188.7K | |
| Total assets | $5.8M | $7.6M | |
| Accounts payable and accrued liabilities | $4.6M | $3.6M | |
| Deferred revenue (see note 2) | $1.6M | $1.7M | |
| Current portion of operating lease liabilities (see note 5) | $53.8K | $147.7K | |
| Total current liabilities | $6.2M | $5.4M | |
| Long-term portion of deferred revenue (see note 2) | $282.8K | $696.7K | |
| Long-term portion of operating lease liabilities (see note 5) | $117.9K | $32.2K | |
| Total long-term liabilities | $400.6K | $729.0K | |
| Preferred stock, 10,000,000 shares authorized: Series A Redeemable Convertible Preferred stock, $0.001 par value, 550,000 shares designated; shares issued and outstanding: 123,685 at December 31, 2025 (see note 10) | $3.0M | $3.0M | |
| Common stock, $0.001 par value, 150,000,000 shares authorized, shares issued and outstanding: 90,477,798 at December 31, 2025 and December 31, 2024 | $90.5K | $90.5K | |
| Additional paid-in capital | $19.6M | $19.5M | |
| Accumulated deficit | -$23.5M | -$21.2M | |
| Total stockholders' (deficit) equity | -$840.3K | $1.4M | -$859.9K |
| Total liabilities and stockholders' (deficit) equity | $5.8M | $7.6M | |
| Common Stock, Par Value | $0.00 | $0.00 | |
| Common Stock, Shares Authorized | 150.0M shares | 150.0M shares | |
| Common Stock, Shares Issued | 90.5M shares | 90.5M shares | |
| Common Stock, Shares Outstanding | 90.5M shares | 90.5M shares | |
| Preferred Stock, Shares Authorized | 10.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$2.3M | -$1.3M |
| Depreciation and amortization | $3.1M | $3.1M |
| Bad debt expense | $503.1K | $330.0K |
| Stock-based compensation expense - common stock warrants | $61.5K | $7.1K |
| Accounts receivable | -$689.0K | -$192.1K |
| Prepaid expenses | $97.2K | -$42.2K |
| Other current assets | -$79.6K | -$57.7K |
| Deposits | -$12.6K | $231 |
| Accounts payable, accrued and other liabilities | $1.0M | $1.3M |
| Deferred revenue | -$528.8K | $569.5K |
| Net cash provided by operating activities | $1.1M | $3.7M |
| Purchase of property and equipment | -$56.6K | -$37.7K |
| Capitalized internal-use software development costs | -$1.3M | -$3.4M |
| Net cash used in investing activities | -$1.4M | -$3.4M |
| Net (decrease) increase in cash and cash equivalents | -$265.4K | $243.3K |
No quarter-by-quarter statement was filed.
Corporate structure
QUOTEMEDIA INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of QUOTEMEDIA INC
- Harland Group LLC Filed SCHEDULE 13D/A on QUOTEMEDIA INC, latest Aug 5, 2026 (2 filings since Nov 22, 2024)
- FinTech HQ Inc. Filed SC 13D/A on QUOTEMEDIA INC, latest May 24, 2023 (2 filings since Dec 29, 2022)
- QUOTEMEDIA INC Fountain Hills, Arizona
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What QUOTEMEDIA INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Computer equipment and software | $24.1M5 Dec 31, 2025 | $22.8M5 Dec 31, 2024 | +5.8% |
| Property and equipment, before depreciation | $1.7M5 Dec 31, 2025 | $1.7M5 Dec 31, 2024 | +3.3% |
| Accumulated depreciation | $1.5M5 Dec 31, 2025 | $1.4M5 Dec 31, 2024 | +6.5% |
| Property and equipment, net | $173.9K5 Dec 31, 2025 | $212.7K5 Dec 31, 2024 | −18.2% |
| Operating-lease assets (leased space) | $169.7K5 Dec 31, 2025 | $188.7K5 Dec 31, 2024 | −10.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $110.0K5 Dec 31, 2025 | $110.0K5 Dec 31, 2024 | 0% |
| Intangible assets, net (excluding goodwill) | $41.0K5 Dec 31, 2025 | $51.4K5 Dec 31, 2024 | −20.2% |
| Finite-lived intangibles, gross | $158.7K5 Dec 31, 2025 | $158.7K5 Dec 31, 2024 | 0% |
| Accumulated amortization | $117.7K5 Dec 31, 2025 | $107.3K5 Dec 31, 2024 | +9.7% |
| Finite-lived intangibles, net | $41.0K5 Dec 31, 2025 | $51.4K10 Dec 31, 2024 | −20.2% |
Properties, in its own words
We lease executive office space in Fountain Hills, Arizona. The term of this lease expires June 30, 2026.
We lease office space for technical staff in Vancouver, British Columbia, Canada. The term of this lease expires September 30, 2030. We lease office space for sales and customer support staff in Parksville, British Columbia, Canada. The term of this lease expires April 30, 2026.
The rest of Item 2
We believe our current facilities are adequate to meet our needs for the foreseeable future and that suitable additional or alternative space will be available in the future on commercially reasonable terms as needed.
Item 2 of the 10-K filed Apr 7, 2026.4
Leadership
Who has led QUOTEMEDIA INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerDavid Shworan Jun 9, 2008 to Dec 21, 201813
- Chief executive officerR. Keith Guelpa Aug 24, 2007 to Feb 16, 201014
- PresidentDavid Shworan Jun 9, 2008 to Apr 19, 201113
- PresidentR. Keith Guelpa Aug 18, 2006 to Nov 20, 200715
- Chief financial officerKeith J. Randall Feb 14, 2006 to Oct 27, 201716
Board members and other officers (2)
- Board memberDavid Shworan Nov 20, 2007 to Dec 21, 201817
- Board memberR. Keith Guelpa Aug 18, 2006 to Feb 16, 201015
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Quotemedia, Ltd. British Columbia, Canada3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
Filings
33 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 3 major events, 1 insider forms, 4 large holders, 5 other. The latest 20:
- Aug 14, 202610-Q EDGAR
- Aug 12, 20263 EDGAR
- Aug 5, 2026SCHEDULE 13D/A EDGAR
- May 14, 202610-Q EDGAR
- Apr 14, 20268-K EDGAR
- Apr 7, 202610-K EDGAR
- Mar 31, 2026NT 10-K EDGAR
- Nov 19, 202510-Q EDGAR
- Nov 19, 2025NT 10-Q EDGAR
- Aug 14, 202510-Q EDGAR
- May 15, 202510-Q EDGAR
- Apr 15, 202510-K EDGAR
- Mar 31, 2025NT 10-K EDGAR
- Nov 22, 2024SC 13D/A EDGAR
- Nov 14, 202410-Q EDGAR
- Aug 14, 202410-Q EDGAR
- May 13, 202410-Q EDGAR
- Apr 8, 202410-K EDGAR
- Apr 1, 2024NT 10-K EDGAR
- Nov 13, 202310-Q EDGAR
The 33 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Harland Group LLCSCHEDULE 13D/A, 2 filings Nov 22, 2024 to Aug 5, 202621
- FinTech HQ Inc.SC 13D/A, 2 filings Dec 29, 2022 to May 24, 202322
SEC filer profile
How QUOTEMEDIA INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARQUOTEMEDIA INC1
- CIK0001101433
- Employer ID (EIN)91-20086334
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
- Incorporated inNevada4
- Fiscal year endsDecember 311
- Industry code (SIC)7389 Services-Business Services, NEC1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address17100 E Shea Blvd, Suite 230, Fountain Hills, AZ 852681
- Phone48090573111
- Shares outstanding90,477,798 as of Jul 31, 202612
- Public float$10.3M as of Jun 30, 20254
- AuditorMNP LLP, Mississauga, Canada PCAOB ID 19304
- On EDGAR sinceDec 21, 19991
- Filings200 in all: 10-Q (56), 4 (47), 10QSB (24), 10-K (18), 8-K (14), 10KSB (8), NT 10-Q (6), NT 10-K (5)1
All 24 form types
SC 13G (3), 10-Q/A (2), DEF 14A (2), PRE 14A (2), SC 13D/A (2), 10-12G/A (1), 10-K/A (1), 10QSB/A (1), 10SB12G (1), 3 (1), 4/A (1), 5 (1), ARS (1), S-8 (1), SC 13D (1), SCHEDULE 13D/A (1)
- Latest filingsAnnual report (10-K) Apr 7, 2026
Quarterly report (10-Q) Aug 14, 2026
Proxy statement (DEF 14A) Oct 6, 2011
Latest 8-K (8-K) Apr 14, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common stock, par value $.001 per share |
From the cover page of the 10-K filed Apr 7, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks QUOTEMEDIA INC names in Item 1A of its 10-K filed Apr 7, 2026: 7 risks under these headings, as written.4
- Catastrophic events outside of our control may impact on our business.
- New tariffs or taxes could impact our business.
- The impact of cost-cutting pressures across the industries we serve could lower demand for our services.
- Consolidation of financial services within and across industries, or the failure of financial services firms could lower demand for our services.
- Adverse capital and credit market conditions could limit our access to capital.
- We depend on key personnel and expect to hire additional personnel.
- Investors should not expect to receive a dividend in the future.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARQUOTEMEDIA INC filings on SEC EDGAR
- 2SEC EDGARQUOTEMEDIA INC filings on SEC EDGAR
- 3
- 4
- 5SEC EDGARQUOTEMEDIA INC 10-K for fiscal 2025
- 6SEC EDGARQUOTEMEDIA INC 10-K for fiscal 2019
- 7SEC EDGARQUOTEMEDIA INC 10-K for fiscal 2020
- 8SEC EDGARQUOTEMEDIA INC 10-K for fiscal 2021
- 9SEC EDGARQUOTEMEDIA INC 10-K for fiscal 2022
- 10SEC EDGARQUOTEMEDIA INC 10-K for fiscal 2023
- 11SEC EDGARQUOTEMEDIA INC 10-Q for fiscal 2026
- 12SEC EDGARQUOTEMEDIA INC 10-Q for fiscal 2026
- 13
- 14
- 15SEC EDGARR. Keith Guelpa, President
- 16
- 17SEC EDGARDavid Shworan, Board member
- 18SEC EDGARChange of auditor
- 19SEC EDGARChange of auditor
- 20SEC EDGARChange of auditor
- 21
- 22