secwatch.observer — SEC 8-K summary
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Issuer:     Zedge, Inc. (ZDGE)
CIK:        0001667313
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0001213900-24-091397
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zedge Q4 revenue up 14% to $7.6M; FY net loss $9.2M on $12M impairment
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1667313/000121390024091397/0001213900-24-091397-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1667313/000121390024091397/ea0218816-8k_zedgeinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-091397

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