earnings
confidence high
sentiment neutral
materiality 0.70
Zedge Q4 revenue up 14% to $7.6M; FY net loss $9.2M on $12M impairment
Zedge, Inc.
- Q4 revenue $7.6M (+14.3% YoY); subscription revenue +31% to $1.2M; ARPMAU $0.079 (+43%).
- GAAP operating loss ($0.1M) vs prior-year income $0.2M; GAAP net income nil.
- Non-GAAP net income $0.3M ($0.02 EPS); Adjusted EBITDA $0.8M vs $1.6M prior year.
- FY2024 revenue $30.1M (+10.5%); GAAP net loss ($9.2M) includes $12.0M non-cash impairment.
- Cash from operations $5.9M (+85%); MAU fell 15.5% to 26.1M; repurchased 0.2M shares.