earnings
confidence high
sentiment positive
materiality 0.75
Zedge Q2 fiscal 2022 revenue $6.9M (+30% YoY); EBITDA record $3.4M; EPS $0.16
Zedge, Inc.
2022-Q2 EPS reported
$0.29
revenue$12,943,000
- Revenue $6.9M (record), up 30.1% YoY; advertising revenue $5.4M (+23.6%), subscription revenue $1.0M (+17.8%).
- Net income $2.3M (flat); diluted EPS $0.16 vs $0.17; EBITDA $3.4M (record), up 15.9%.
- MAU 36.3M (+2.5%); ARPMAU $0.060 (record, +22.2%); Zedge Premium GTV $0.43M (+105.7%).
- Guidance reaffirmed: 25-30% revenue growth, operating margins >40%, EBITDA growth exceeding revenue growth.
- Migrating to new ad mediation platform after Applovin's acquisition of MoPub; temporary resource reallocation for social/community features.