secwatch.observer — SEC 8-K summary
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Issuer:     Zedge, Inc. (ZDGE)
CIK:        0001667313
Form:       8-K
Filed at:   2024-12-16T23:59:59+00:00
Accession:  0001213900-24-109010
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud

Zedge reports Q1 fiscal 2025 revenue of $7.2M, subscription revenue up 21%
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- Total revenue increased 1.6% to $7.2M, but GAAP operating loss was ($0.5M) vs. income of $0.3M a year ago.
- Zedge Marketplace subscription revenue grew 21% year-over-year and ARPMAU increased 22% to $0.077.
- Zedge Premium gross transaction value surged 61.6% to $0.7M, driven by parallax wallpapers and AI image generator pAInt.
- Emojipedia achieved record revenue up 33% year-over-year, while GuruShots remains in transition with early signs of growth from new features.
- Non-GAAP net loss was ($0.0M) ($0.00 per share) compared to non-GAAP net income of $0.5M ($0.04) in the prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1667313/000121390024109010/0001213900-24-109010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1667313/000121390024109010/ea0224854-8k_zedge.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-109010

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