Zedge Stock Price, News & Analysis

Zedge (ZDGE) has announced the release of DataSeeds.AI Sample Dataset (DSD), a groundbreaking image dataset for computer vision and generative AI model training, developed in collaboration with Perle.ai and Émet Research. The dataset contains 7,843 high-quality photos from GuruShots' photographer community, featuring comprehensive annotations and expert reviews. Key findings show that AI models trained with DSD achieved 70% better results compared to benchmark datasets, with LLAVA-NEXT showing a 24.09% increase in BLEU-4 scores. The dataset includes pixel-level segmentation, structured scene descriptions, and technical metadata. DataSeeds.AI leverages GuruShots' community and Zedge Premium's catalog of 30M+ rights-cleared images, positioning itself as a major supplier for enterprises creating foundational AI models.

Zedge (ZDGE) has launched DataSeeds.AI, a B2B marketplace for AI training datasets, marking a strategic expansion into the AI content licensing market. The platform leverages Zedge's extensive creator community and catalog of over 30 million images to provide high-quality, rights-cleared content for AI model training. DataSeeds.AI has already secured its first partnership with a leading AI company, validating its market potential. The platform aims to serve enterprises needing large-scale, diverse datasets while creating new revenue streams for Zedge's content creators. This initiative builds on Zedge's marketplace expertise and positions the company to capitalize on the growing demand for AI training data, with plans to expand beyond images in the future.

Zedge (NYSE AMERICAN:ZDGE), a digital marketplace and interactive games provider, announced its participation in Maxim Group's '2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow.' CEO Jonathan Reich will engage in a fireside chat on Thursday, June 5th at 11:30 a.m. EDT. The conference focuses on technological disruption across industries, including healthcare, drones, consumer IoT, business solutions, and gaming & entertainment. The event will explore how emerging growth companies are leveraging Quantum Computing and AI for future positioning, featuring discussions between Maxim Senior Analysts and company executives about technology's impact on business growth.

Zedge (NYSE American: ZDGE) has announced it will release its third fiscal quarter 2025 financial results on June 12, 2025, at approximately 4:10 PM Eastern. The company will host an earnings conference call at 4:30 PM Eastern, followed by a Q&A session with investors. Zedge operates multiple digital platforms including the Zedge Marketplace, which offers mobile wallpapers, ringtones, and pAInt (a generative AI image maker), GuruShots photography game, and Emojipedia. The company serves tens of millions of consumers and creators monthly through its ecosystem that focuses on creativity, self-expression, e-commerce, and community engagement.

Zedge (NYSE:ZDGE) has announced its participation in the Planet MicroCap Showcase: VEGAS 2025, scheduled for April 23, 2025, at 1:30PM PST. CEO Jonathan Reich will present and conduct a Q&A session.

Key highlights include:

• Double-digit TTM revenue growth from core businesses
• $4 million expected annual cost savings from recent restructuring
• 35 million monthly active users
• 40% TTM free cash flow margins
• $20 million cash position with no debt
• Active $5 million share repurchase program
• Stealth Gen AI initiative

The presentation will be held at the Paris Hotel & Casino in Las Vegas, with opportunities for 1x1 investor meetings. A webcast will be available for those unable to attend in person.

Zedge (ZDGE) reported Q2 fiscal 2025 results with mixed performance. Revenue declined 10.2% to $7.0 million, primarily due to TikTok's reduced U.S. ad spend and its temporary removal from app stores. Despite challenges, the company saw positive trends in key metrics: Zedge Marketplace active subscribers and subscription revenue grew 22% and 13% respectively, while Premium GTV increased 27%.

The company announced a strategic restructuring, including a 22% global workforce reduction, expected to save approximately $4 million annually. The quarter showed a GAAP operating loss of ($2.2) million, including non-cash restructuring charges of ($1.3) million. Free cash flow remained positive at $0.6 million, and the company repurchased 244,826 shares.

Management expressed cautious optimism for Q3, citing TikTok's market reentry driving higher CPMs and the introduction of new ad units. The company continues to focus on AI creation features and user engagement across its platforms, including the Zedge Marketplace and Emojipedia.

Zedge (NYSE American:ZDGE) has announced it will release its second fiscal quarter 2025 financial results on March 12, 2025 at approximately 4:10 PM Eastern. The results, covering the period ending January 31, 2025, will be filed on Form 8-K and posted on the company's investor relations website.

Management will host an earnings conference call at 4:30 PM Eastern, followed by an investor Q&A session. The call will be accessible via toll-free numbers in the US (888-506-0062) and internationally (973-528-0011) using participant code 257316.

Zedge operates multiple platforms including the Zedge Marketplace, a freemium marketplace for mobile customization content, GuruShots, a photography game platform, and Emojipedia, an emoji reference website. The company serves millions of consumers and creators monthly through its ecosystem of creative and e-commerce platforms.

Zedge (ZDGE) announced extensive restructuring initiatives aimed at reducing annual costs by $3.9-$4.1 million. The plan includes closing Norwegian operations and previous workforce reductions at GuruShots, resulting in a 22% total workforce reduction. The company expects annualized compensation-related savings of $2.6 million, plus $0.1-$0.3 million in non-employee cost reductions.

Additional savings of $1.2 million will come from completing scheduled GuruShots acquisition-related retention bonus payments. The company reported generating $30 million in revenue and $4.7 million in free cash flow in FY24. The restructuring charges will be reflected in Q2 and Q3 fiscal results ending January and April 2025. Operations will be consolidated in Lithuania and Israel, with implementation of cost-saving measures beginning in Q3 and Q4.

Zedge (NYSE:ZDGE) announced a corporate restructuring focused on improving profitability, primarily affecting its GuruShots division. The restructuring includes a 14% reduction in global workforce, expected to generate approximately $1.7 million in pre-tax annual cost savings.

The company is implementing 'GuruShots 2.0', a comprehensive overhaul of the photography game platform, aimed at enhancing player experience and monetization. Key initiatives include improving the user interface, reassessing gaming technology infrastructure, and reducing player acquisition spending for the remainder of fiscal 2025.

Most restructuring charges will be reported in the second (ending January 31, 2025) and third (ending April 30, 2025) fiscal quarters. The company aims to bring GuruShots closer to breakeven while developing its new strategy, only maintaining marketing spend for campaigns with attractive Return on Ad Spend metrics.