Zedge Stock Price, News & Analysis

Zedge, a digital consumer brand publisher, has launched NFTs Made Easy, allowing creators to sell unique video NFTs on its Premium marketplace without the need for cryptocurrency. Artists can mint and sell NFTs with no fees while consumers can purchase them using Zedge tokens in local currency. The platform aims to empower artists by creating genuine scarcity, with the initial offerings limited to one per NFT. Zedge plans to expand this feature further in 2022 to include auctions and trading, enhancing its marketplace for creators and users alike.

Zedge, Inc. (ZDGE) reported significant financial growth for Q1 FY2022, achieving revenue growth of 60.2% to $6.0 million compared to $3.8 million in Q1 FY2021. Net income rose 96.7% to $2.1 million, with earnings per share (EPS) increasing 63.5% to $0.14. The company noted strong performance in advertising revenue, active subscriptions, and the Zedge Premium marketplace, which saw a 58.2% growth in gross transaction value. Cash flow from operations also surged 81.2% to $2.7 million.

Zedge, Inc. (NYSE American: ZDGE) will release its Q1 fiscal 2022 financial results on December 13, 2021, after market close. This report covers the period ending on October 31, 2021. An earnings conference call will be held at 4:30 PM Eastern, where management will discuss the results and future strategy, followed by a Q&A session. The call can be accessed via phone or webcast on the Zedge investor relations website. A replay will be available until December 27, 2021.

Zedge, Inc. (NYSE: ZDGE) announced that CEO Jonathan Reich will present at the Ladenburg Thalmann Technology Expo 2021 on November 18, 2021, at 5:00 p.m. EST. The event will be held virtually, and attendees can register to watch the presentation online. Additionally, Mr. Reich will conduct one-on-one meetings with investors throughout the day. Zedge serves 43 million users with products like Zedge Ringtones, Zedge Premium, Emojipedia, and the Shortz app, monetizing through ads and subscriptions.

Zedge, a global app publisher, reported a record fiscal 2021 with revenue growth of 107% to $19.6 million. The company achieved a net income of $8.2 million and earnings per share (EPS) of $0.59. In Q4, revenue rose 93% to $5.2 million with a net income of $2.5 million and EBITDA of $2.7 million. Monthly Active Users (MAU) reached 34.4 million.

Zedge has introduced guidance for fiscal 2022, projecting revenue growth of 25-30%.

Zedge, Inc. (NYSE American: ZDGE) is set to release its financial results for the Fiscal Fourth Quarter and Fiscal Year 2021 on November 9, 2021, after market close. The earnings report will be available on the Zedge investor relations website and followed by a conference call at 4:30 p.m. Eastern, where management will discuss results, outlook, and strategies. Zedge boasts a strong user base of 43 million monthly active users as of October 2021, with its portfolio including popular apps for mobile personalization and digital content monetization.

Zedge, Inc. (NYSE AMERICAN:ZDGE) has filed a 10Q/A for the third quarter of fiscal 2021, reporting a net income increase of $0.5 million or $0.04 EPS, attributed to a tax-related benefit. This adjustment will not affect the full-year fiscal net income or EPS. Key highlights include a 93% revenue increase to $5.2 million for Q4 2021 and a 106.6% increase to $19.6 million for the full year. Active subscriptions rose by 49.2%, and operating income reached $7.8 million, a significant turnaround from a loss in the previous year. The company has acknowledged a material weakness in its disclosure controls.

Zedge, Inc. (NYSE American: ZDGE) reported significant growth for the fiscal year and fourth quarter ending July 31, 2021. Revenue surged by 106.6% to $19.6 million while operating income reached $7.8 million, up from a loss of ($0.4) million in the previous year. For the fourth quarter, revenue was $5.2 million, a 93.0% increase year-over-year. Active subscriptions grew by 49.2% and subscription revenue by 100.8%. The company plans to finalize a partial release of a valuation allowance on its deferred tax asset.

Zedge, Inc. (NYSE American: ZDGE) is set to release its financial and operational results for the Fiscal Fourth Quarter and the Full Year 2021, ending July 31, 2021. The earnings report will be available on the investor relations website on October 27, 2021, at around 4:10 p.m. Eastern. An earnings conference call will follow at 4:30 p.m. Eastern, where management will discuss results, outlook, and strategy, followed by a Q&A session. Zedge aims to provide personalized mobile experiences through its innovative apps, boasting over 500 million installs and 35 million monthly active users.