Zedge reports record FY2021 revenue $19.6M, net income $8.2M; guides 25-30% growth in FY2022

Zedge, Inc.

2022-Q1 EPS reported $0.14 revenue$6,028,000

FY2021 revenue $19.6M (+107% YoY); net income $8.2M vs loss $0.6M; diluted EPS $0.59 vs loss $0.05.
Q4 FY2021 revenue $5.2M (+93% YoY); net income $2.5M vs $0.5M; EBITDA $2.7M (+225%).
MAU 34.4M (+7.8%); ARPMAU $0.050 (+76%); active subscriptions 752K (+49%).
Advertising revenue FY2021 $15.7M (+112%); subscription revenue $3.2M (+101%).
Initial FY2022 guidance: revenue growth 25-30% with continued strong operating margins and EBITDA growth.

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