---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-022809"
form_type: "8-K"
ticker: "ZDGE"
cik: "0001667313"
company_name: "Zedge, Inc."
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T17:24:59.288366+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Zedge Q2 FY2024 revenue up 11.3% to $7.8M; GAAP loss of $9.2M on $11.9M intangible write-down

## Summary
- GAAP net loss of $9.2M ($0.66 loss per share) vs year-ago net income of $1.6M; includes $11.9M non-cash intangible write-down.
- Non-GAAP net income was $0.5M ($0.04 EPS), down from $0.8M; Adjusted EBITDA up 8.4% to $1.5M.
- Advertising revenue grew 18.4% to $5.5M; subscription revenue up 24.4% to $1.1M.
- Record ARPMAU of $0.072, up 36.7% YoY, despite MAU decline of 10.7% to 28.8M.
- Zedge Premium GTV rose 22.5% to $0.54M; CEO cites 'positive momentum' across most businesses.

## SEC filing metadata
- accession: 0001213900-24-022809
- form_type: 8-K
- ticker: ZDGE
- cik: 0001667313
- company_name: Zedge, Inc.
- filed_at: 2024-03-15T23:59:59+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/1667313/000121390024022809/0001213900-24-022809-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1667313/000121390024022809/ea0201818-8k_zedgeinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-022809
- JSON: https://secwatch.observer/filing/0001213900-24-022809.json
- Plain text: https://secwatch.observer/filing/0001213900-24-022809.txt

## Key facts
- Earnings Releases
  Zedge, Inc. reported fiscal quarter ended January 31, 2024 results: revenue $7.8 million, net income ($9.2) million, EPS ($0.66).
  - Period: fiscal quarter ended January 31, 2024
  - Revenue: $7.8 million
  - Net income: ($9.2) million
  - EPS: ($0.66)
  - Result: reported results
  source text: · Revenue increased 11.3% to $7.8 million; · GAAP operating loss of $11.9 million, compared to operating income of $1.5 million; o 2024 GAAP operating income included a $11.9 million non-cash accounting write-down of intangible assets, while the 2023 quarter included a $1.8 million non-cash accounting benefit, both related to the GuruShots acquisition; · GAAP net loss and loss per share were ($9.2) million and ($0.66) compared to net income and EPS of $1.6 million and $0.11, respectively
  evidence_url: https://www.sec.gov/Archives/edgar/data/1667313/000121390024022809/0001213900-24-022809-index.htm

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