Zedge discloses GuruShots 2021 audited financials: $7.7M revenue, $1.4M net loss

Zedge, Inc.

GuruShots FY2021 revenue $7.7M, gross profit $4.8M, net loss $1.4M, operating loss $819k.
As of Dec 31, 2021: total assets $1.4M, total liabilities $2.2M, capital deficiency ($10.1M).
Going concern: GuruShots depends on parent Zedge for support; parent committed for 12 months.
Convertible loan of $1.1M outstanding; change in fair value of $569k recognized in 2021.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.