Zedge, Inc.

ZDGE

$2.99

-0.33%

2026-09-04 12:43:59 EDT-$0.01

Communication Services

Internet Content & Information

AMEX

Active Trading

Zedge, Inc. runs a digital content and publishing service that reaches users across the globe. This platform allows individuals to customize their ...

Price Action of ZDGE

$2.99

-0.33%-$0.01

High—

Low—

52W High-30.2%

Rel. vol—

Interval

Range26m

Volume—SMA5SMA10

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Zedge, Inc. operates a global digital content marketplace and gaming platform that enables users to personalize their mobile devices with wallpapers, ringtones, app icons, widgets, and notification sounds. Founded in 2008 and headquartered in New York City, the company has offices in Trondheim, Vilnius, and other locations. With over 40 ...Zedge, Inc. operates a global digital content marketplace and gaming platform that enables users to personalize their mobile devices with wallpapers, ringtones, app icons, widgets, and notification sounds. Founded in 2008 and headquartered in New York City, the company has offices in Trondheim, Vilnius, and other locations. With over 40 million monthly active users, Zedge monetizes its user base through advertising, subscriptions, and in-app purchases. Financial metrics show a market cap of approximately $38.8 million, with revenue per share of $2.41 and a gross profit margin of 90.7%. The company has a strong balance sheet with a current ratio of 3.21 and minimal debt. Although it reported a net loss in the trailing twelve months, its operating cash flow is positive, and it maintains a healthy free cash flow yield. Led by CEO Jonathan Reich, who has been with the company since 2011, Zedge focuses on building creator communities and leveraging user-generated content. Future initiatives include expanding into AI data creation for frontier models, positioning the company for growth in the digital expression space.ExpandCollapse

Founded

2008

Employees

CEO

Jonathan Reich

Full Name

Zedge, Inc.

Sector

Communication Services

Industry

Internet Content & Information

ROE

-4.53%

Market Cap

$0.04B

Current Ratio

3.21

WACC

10.25%

ROIC

-5.80%

Contact Information

https://www.zedge.net

330 577 3424

1178 Broadway, New York City, NY 10001

Key Metrics of ZDGE

Snapshot

Latest / TTM · 5 periods

Market Cap

$39.08M

ROCE

10.0%

EV / EBITDA

-31.30x

+12.8% YoY

FCF Yield

9.3%

+3.3% YoY

Cash Conversion Cycle

-112.4d

Current Ratio

3.21

Quick take

TTM —

No major risk flags in selected headline metrics.

Financial Highlights of ZDGE

Profitability trend

Latest / TTM · 5 periods

Gross Margin

90.7%

Net Margin

-3.6%

P/E Ratio

-32.98x

n/a

Debt / Equity

0.01

n/a

Current Ratio

3.21

Dividend Yield

2.4%

Understanding

TTM —

Interest coverage is weak

Calendar of ZDGE

Upcoming

Oct 30, 2026In 56 days
Q1 FY2027 · Estimated results
Est. EPS $0.05 · Revenue $7.70M · 1 analysts
Jan 30, 2027
Q2 FY2027 · Estimated results
Est. EPS $0.05 · Revenue $7.90M · 1 analysts
Apr 30, 2027
Q3 FY2027 · Estimated results
Est. EPS $0.04 · Revenue $8.00M · 1 analysts
Jul 30, 2027
Q4 FY2027 · Estimated results
Est. EPS $0.04 · Revenue $7.90M · 1 analysts

Recent history

Jun 30, 2026
Dividend payment
$0.05 per share
Jun 22, 2026
Ex-dividend date
$0.05 per share
Jun 12, 2026
Q3 FY2026 · Results reported
EPS $0.07 · Revenue $7.99M
View filing
Mar 16, 2026
Q2 FY2026 · Results reported
EPS $-0.18 · Revenue $8.25M
View filing
Dec 12, 2025
Q1 FY2026 · Results reported
EPS $0.06 · Revenue $7.61M
View filing
Oct 28, 2025
FY2025 · Annual results
EPS $-0.17 · Revenue $29.40M
View filing

Financial Statements of ZDGE

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$29.4M	-2.3%	-3.2%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$-2.4M	+73.9%	+140.5%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+89.8%	+4.9%	+0.6%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	-2.6%	-621.2%	+34.8%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	-8.1%	+73.3%	+141.8%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$3.3M	-28.3%	+54.6%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+11.4%	-26.6%	+59.6%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	0.8%	+15.8%	-16.9%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	2.89x	-24.7%	+3.8%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$35.7M	-6.7%	+1.4%

Actual vs Estimate

A Jul 31Q Apr 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	-0.17 vs 0.11	-254.5%	0.07 vs 0.05	+40.0%
Revenue Surprise	$29.4M vs $28.6M	+2.7%	$8.0M vs $7.0M	+14.2%

Insider Transactions of ZDGE

Acquisitions (A)

Since Sep 8, 2025

Disposals (D)

Since Sep 8, 2025

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
May 29, 2026	REICH JONATHAN	officer: CEO & President	Class B Common Stock, par value $.01 per share	A	181,616	$1.73
May 29, 2026	REICH JONATHAN	officer: CEO & President	Class B Common Stock, par value $.01 per share	D	132,226	$3.01
May 29, 2026	REICH JONATHAN	officer: CEO & President	Employee Stock Option (Right to Buy)	D	181,616	$1.73
Jan 5, 2026	PACKER PAUL	director	Class B Common Stock, par value $.01 per share	A	12,027	$2.91
Jan 5, 2026	GHERMEZIAN MARK	director	Class B Common Stock, par value $.01 per share	A	12,027	$2.91

Earnings Call Transcript of ZDGE

1 transcript segments

Q3 2026

Unknown Speaker

Operator: Afternoon. Thanks for holding. Our conference will begin in a couple of minutes. Please remain on the line. Your conference will begin very shortly. Good day, and welcome to Zedge's Earnings Conference Call for the Third Fiscal Quarter of 26. During management's prepared remarks, all participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by 0. After today's presentation by Zedge's management, there will be an opportunity to ask questions. To ask a question, please press star then 1 on your touch tone phone. To withdraw your question, please press star 2. Also note, that Zedge will be presenting at the Planet Microcap Conference next Wednesday at 02:30PM eastern time. I will now turn the call over to Brian Siegel. Brian Siegel: Thank you, operator. During today's call, Jonathan Reich, Zedge's chief executive officer, and Yi Tsai, Zedge's chief financial officer, will discuss Zedge's financial and operational results that were reported today. Any forward looking statements made during this conference call during the prepared remarks or in the question and answer session, whether general or specific in nature, are subject to risks and uncertainties that may cause actual results in the future to differ materially from those discussed on today's calls. These risks and uncertainties include, but are not limited to, specific risks and uncertainties disclosed in Zedge's periodic SEC filings. Zedge assumes no obligation to update any forward looking statements or to update the factors that may cause actual results to differ materially from those that they forecast. Please note that our earnings release is available on the Investor Relations page of the website and has also been filed on Form 8-K with the SEC. Finally, on this call, we will use non GAAP measures. Net flows include non-GAAP EPS, non-GAAP net income, and adjusted EBITDA. Please see our earnings release for an explanation of our use of these non GAAP measures. Now I would like to turn the call over to Jonathan. Jonathan Reich: Thank you, Brian, and good afternoon, everyone. Let me start with what stood out to me this quarter. We continued to demonstrate that the core Zedge Marketplace business is resilient. This was a GAAP-profitable quarter, which I think is worth noting. And the underlying monetization trends remain strong. Subscription revenue grew 32% year over year as active subscriptions reached nearly 1.3 million, up 41% marking 9 consecutive quarters of year over year growth while Zedge Premium GTV increased 17%. This contributed to our record quarterly average revenue per monthly act user of nearly $0.12. What those numbers collectively tell me is that our ongoing investment in acquiring and retaining higher value users continues to pay off. Even though overall monthly active users declined, the quality of engagement and the revenue we generate per user improved. Additionally, while …

Leadership Team of ZDGE

4 executives

Name	Title	Compensation	Gender	Year Born	Status
Jonathan Reich	Chief Executive Officer & President	USD 513,113	Male	1966	Active
Yi Tsai	Chief Financial Officer & Treasurer	USD 306,805	Male	1956	Active
Michael C. Jonas	Executive Chairman of the Board	USD 50,000	Male	1984	Active
Joyce J. Mason	Corporate Secretary	—	Female	1959	Active

Recent News of ZDGE

Accesswire4 days agoNeutral

Zedge Accelerates DataSeeds.AI Strategy with $7.5 Million Insider Investment and Appointment of Morris Berger as CEO

Vice Chairman Howard Jonas to materially increase investment and become more actively involved in supporting DataSeeds growth Morris Berger, current CEO of Zeno Media and former CEO of IDT Entertainment, to join Zedge as CEO effective October 1 Company's goal is to accelerate DataSeeds.AI's growth and build it into a core business NEW YORK, NY / ACCESS Newswire / August 31, 2026 / Zedge, Inc. (NYSE AMERICAN:ZDGE), $ZDGE, a company that builds and operates creator communities serving 20 million monthly active users, today announced a significant expansion of its DataSeeds.AI ("DataSeeds") strategy, supported by an approximately $7.5 million direct investment led by Vice Chairman Howard Jonas and the appointment of Morris Berger as Chief Executive Officer effective October 1, 2026. The Company's goal is to accelerate DataSeeds' growth and build it into a core business by expanding its team, capabilities and reach across the AI data value chain.

Defense World8/28/2026Neutral

Zedge (NYSEAMERICAN:ZDGE) Stock Price Passes Below 50 Day Moving Average – Here’s Why

Zedge, Inc. (NYSEAMERICAN:ZDGE - Get Free Report) shares crossed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $3.01 and traded as low as $2.87. Zedge shares last traded at $2.90, with a volume of 45,616 shares trading hands. Wall Street Analysts Forecast Growth

Accesswire6/17/2026Neutral

Zedge's Tapedeck Adds Betty Wright's Catalog in Agreement With the Late Soul Legend's Estate

The first Black woman to go gold on her own label joins a service built on the principle she lived by: artists should own their work and get paid fairly. Timed to Juneteenth.

Seeking Alpha6/11/2026Neutral

Zedge, Inc. (ZDGE) Q3 2026 Earnings Call Transcript

Accesswire6/11/2026Neutral

Zedge Reports Third Quarter Fiscal 2026 Results

Subscription revenue increased 32%, and active subscriptions1 grew 41% to nearly 1.3 million ARPMAU1 for the Zedge Marketplace increased 21% to $0.119; Zedge Premium GTV1 increased 17% GAAP net income of $0.9 million; free cash flow2 increased 55% year over year DataSeeds.AI fulfilled first six-figure order, demonstrating enterprise-scale execution capability NEW YORK, NY / ACCESS Newswire / June 11, 2026 / Zedge, Inc. (NYSE American:ZDGE), $ZDGE, a company that builds and operates creator communities serving 20 million monthly active users, today announced results for its third quarter fiscal 2026, ended April 30, 2026. Jonathan Reich, Zedge's CEO, commented: "In our third quarter, we continued to demonstrate that the core Zedge Marketplace business is resilient and becoming more efficient.

Historical Employee Count of ZDGE

Current

Change

-17.17%

Minimum

Maximum

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Jul 31, 2025	82	10-K	Oct 28, 2025	View
Jul 31, 2024	99	10-K	Oct 29, 2024	View
Jul 31, 2023	94	10-K	Oct 30, 2023	View
Jul 31, 2022	93	10-K	Nov 14, 2022	View

Zedge, Inc.