The ZOM application grew strongly by the end of 2020, from a mere video seminar service to a central tool in professional, school and social life, in a direction that seems to be steady, despite the improvement of health prospects in 2021.

The company is counting on a 42% growth in its revenue during the current year, according to its four-year results, although the need for distance education or employment may be reduced as vaccines against corona become increasingly used.

From February 2020 to January 2021, Zoom's revenue was $2.65 billion, an increase of 327% over the previous year. Net service profits amounted to $672 million.

"We are honoured by the role we play as distinguished partners and as an engine of the contemporary environment associated with" working from anywhere, "" Zum President Erik Yuan said in the statement.

The ZOM meetings have become part of the daily lives of millions around the world. Some of the characteristics of the application have been reproduced by giant companies in the technology sector, including the way in which participants in video seminars are shown in contiguous windows.

In the last quarter, which saw the reintroduction of closure measures and restrictions on rallies during the world's end-of-year holidays, Zoom earned $882 million (up 369%) in revenue and net profits of $260 million (compared with $15 million between November 2019 and January 2020).

At the end of January, the group had more than 467,000 customers with more than 10 employees.

 

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