secwatch.observer — SEC 8-K summary
======================================

Issuer:     Zedge, Inc. (ZDGE)
CIK:        0001667313
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001213900-22-068053
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 1.02, 2.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zedge reports preliminary FY2022 revenue of $26.5M (+35.6% YoY); Q4 revenue $7.4M; secures new $7M term loan
--------------------------------------------------------------------------------

- Full-year revenue $26.5M vs $19.6M in FY2021, a 35.6% increase; Q4 revenue $7.4M (+40.7% YoY).
- Gaming revenue $1.7M for FY2022 and $1.4M in Q4; MAU declined 7% due to both developed and emerging markets.
- Zedge Premium GTV $1.51M for FY2022 (+59.7% YoY) and $0.34M in Q4 (+22.6% YoY).
- Entered new $7M term loan and $4M revolving credit facility with Western Alliance Bank at Prime + 0.5% (floor 4.00%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1667313/000121390022068053/0001213900-22-068053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1667313/000121390022068053/ea167871-8k_zedgeinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-068053

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