secwatch.observer — SEC 8-K summary
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Issuer:     Zedge, Inc. (ZDGE)
CIK:        0001667313
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0001213900-21-054888
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zedge reports record FY2021 revenue $19.6M (+107%) but delays earnings call over $0.5M tax timing
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- FY2021 revenue $19.6M (+107% YoY), operating income $7.8M, operating margin 39.9%.
- Q4 revenue $5.2M (+93% YoY), operating income $2.2M, operating margin 42.2%, MAU 34.4M.
- Earnings call delayed due to auditor discussion on timing of $0.5M tax valuation allowance release (impact $0.03/share).
- Company expects to resolve within a week; full earnings release and call to follow.
- Zedge Premium GTV up 29.8% to $0.95M for FY2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1667313/000121390021054888/0001213900-21-054888-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1667313/000121390021054888/ea149455-8k_zedgeinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-054888

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer