Zedge acquires Emojipedia for up to $7M; sees immediate accretion to FY2022 earnings

Zedge, Inc.

Total purchase price up to $7M; $4.8M paid at closing, remainder based on Emojipedia EBITDA.
Emojipedia has over 50M monthly page views and 8M MAUs, ~50% in developed markets.
Assets include emojipedia.org, World Emoji Day, World Emoji Awards, Emojitracker.
Jeremy Burge (Emojipedia founder) joins Zedge; transaction immediately accretive to fiscal 2022.
Zedge extends reach to billions of emoji users, diversifies content portfolio.

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