---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-072217"
form_type: "8-K"
ticker: "ZDGE"
cik: "0001667313"
company_name: "Zedge, Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T20:33:04.816686+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Zedge reports FY2022 revenue $26.5M (+36%), net income $9.7M; Q4 EBITDA down 23% YoY; cautious FY2023 outlook

## Summary
- Full-year revenue $26.5M (+35.6% YoY); GAAP net income $9.7M ($0.65 EPS); adjusted EBITDA $12.4M (+24.4%).
- Q4 revenue $7.4M (+40.7% YoY) but adjusted EBITDA fell 22.8% to $2.2M; MAU down 7% to 32.0M.
- GuruShots acquisition added gaming revenue ($1.4M in Q4); Zedge Premium GTV rose 59.7% to $1.5M.
- Board authorized repurchase of 1.5M shares; cautious fiscal 2023 outlook citing macro headwinds, targeting growth and profit.

## SEC filing metadata
- accession: 0001213900-22-072217
- form_type: 8-K
- ticker: ZDGE
- cik: 0001667313
- company_name: Zedge, Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1667313/000121390022072217/0001213900-22-072217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1667313/000121390022072217/ea168632-8k_zedgeinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-072217
- JSON: https://secwatch.observer/filing/0001213900-22-072217.json
- Plain text: https://secwatch.observer/filing/0001213900-22-072217.txt

## Key facts
- Earnings Releases
  Zedge, Inc. reported fourth fiscal quarter ended July 31, 2022 results: revenue $7.4, net income $4.5, EPS $0.31.
  - Period: fourth fiscal quarter ended July 31, 2022
  - Revenue: $7.4
  - Net income: $4.5
  - EPS: $0.31
  - Result: reported results
  source text: Select Financial Metrics: Fourth-Quarter and Fiscal 2022 versus Fourth-Quarter and Fiscal 2021* (in $M except for EPS) Q4 ’22 Q4 ’21 Change YTD 2022 YTD 2021 Change Total Revenue $ 7.4 $ 5.2 40.7 % $ 26.5 $ 19.6 35.6 % Advertising Revenue $ 4.4 $ 4.1 5.4 % $ 18.9 $ 15.9 18.5 % Gaming Revenue $ 1.4 $ 0.0 nm $ 1.7 $ 0.0 nm Subscription Revenue $ 0.9 $ 1.0 -3.7 % $ 3.7 $ 3.3 13.0 % Other Revenue $ 0.7 $ 0.2 355.3 % $ 2.2 $ 0.5 334.8 % Operating Income $ 4.8 $ 2.2 117.0 % $ 11.8 $ 7.8 51.7 % Operating Margin 65.1 % 42.2 % 44.6 % 39.9 % Net Income $ 4.5 $ 2.5 83.0 % $ 9.7 $ 8.2 17.8 % Diluted Earnings Per Share $ 0.31 $ 0.17 82.4 % $ 0.65 $ 0.59 10.2 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1667313/000121390022072217/0001213900-22-072217-index.htm
- Earnings Releases
  Zedge, Inc. reported fiscal year ended July 31, 2022 results: revenue $26.5 million, net income $9.7 million, EPS $0.65.
  - Period: fiscal year ended July 31, 2022
  - Revenue: $26.5 million
  - Net income: $9.7 million
  - EPS: $0.65
  - Result: reported results
  source text: Fiscal 2022 Highlights Financial (includes ~4 months of GuruShots results) · Grew revenue by 35.6% to $26.5 million; · GAAP net income and EPS of $9.7 million and $0.65, respectively; · Adjusted EBITDA of $12.4 million; · Cash flow from operations of $11.5 million; and · Zedge Premium Gross Transaction Value (GTV) 2 increased 59.7% to $1.5 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1667313/000121390022072217/0001213900-22-072217-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.