Zedge, Inc. reported financial results for third quarter fiscal 2026, ended April 30, 2026.
“On June 11, 2026, Zedge, Inc. (the "Registrant") issued a press release announcing its results of operations for its fiscal quarter ended April 30, 2026.”
Zedge, Inc. — fact timeline
Source-grounded facts extracted from Zedge, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Zedge, Inc. reported second quarter fiscal 2026 ended January 31, 2026 results: revenue $8.3 million, net income ($2.3) million, EPS ($0.18).
“results across total revenue, advertising and subscription revenue, active subscriptions 1 , ARPMAU 1 , Zedge Premium GTV 1 Revenue increased 18% year over year to $8.3 million Subscription revenue increased 33%, and active subscriptions grew 49% to nearly 1.2 million ARPMAU increased 48% to a quarterly record of $0.115; Zedge Premium GTV increased 16%”
Zedge, Inc. announced a restructuring affecting Norwegian operations and GuruShots team (22% workforce reduction).
“On February 5, 2025, the Company announced additional restructuring initiatives, notably the closure of its Norwegian operations.”
Zedge, Inc. announced a restructuring with charges of not estimable affecting GuruShots (approximately 14 employees, representing approximately 14% of our global workforce).
“On January 21, 2025, Zedge, Inc. (the “Company”) announced a corporate restructuring, which includes a workforce reduction involving approximately 14 employees, representing approximately 14% of our global workforce.”
Zedge, Inc. reported fiscal quarter ended January 31, 2024 results: revenue $7.8 million, net income ($9.2) million, EPS ($0.66).
“· 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”
Zedge, Inc. shareholders approved Election of Directors at the 2024-01-17 meeting.
“Nominee Votes For Votes Against Abstentions Broker Non-Vote % Votes For Mark Ghermezian 1,804,280 164,948 3,157 0 91.47 Elliot Gibber 1,880,988 90,490 997 0 95.36 Howard Jonas 1,951,993 17,333 3,150 0 98.96 Michael Jonas 1,887,777 81,488 3,120 0 95.71 Paul Packer 1,879,249 90,045 3,091 0 95.27 Gregory Suess 1,964,447 6,891 1,047 0 99.59”
Zedge, Inc. reported first quarter fiscal 2024, ended October 31, 2023 results: revenue $7.1, net income $(0.0), EPS $(0.00).
“Transaction Value 1 , or GTV, increased 35.0% to $0.42 million. First Quarter Select Financial Metrics: FY24 versus FY23* (in $M except for EPS) Q124 Q123 Change Total Revenue $ 7.1 $ 6.9 2.6 % Advertising Revenue $ 4.9 $ 4.5 10.0 % Digital goods and services $ 0.9 $ 1.3 -29.0 % Subscription Revenue $ 1.0 $ 0.9 9.5 % Other Revenue $ 0.2 $ 0.2 17.6 % GAAP”
Zedge, Inc. reported fourth fiscal quarter and fiscal year ended July 31, 2023 results: revenue $6.6 million, net income $0.2 million, EPS $0.01.
“and upgraded the tech stack that helped drive these improved results.” Fourth Quarter Highlights Financial (fiscal 2023 compared to fiscal 2022) ● Revenue decreased 10.0% to $6.6 million; ● GAAP net income and earnings per share (EPS) of $0.2 million and $0.01, respectively, compared to $4.5 million and $0.31, respectively: o Last year’s results included a”
Zedge, Inc. reported its third quarter fiscal year 2023, ended April 30, 2023 results: revenue $6.7 million, net income ($7.7) million, EPS ($0.55).
“continue delivering the high-margin growth we expected when acquiring it. Third Quarter Highlights Financial (fiscal 2023 compared to fiscal 2022) ● Revenue increased 8.0% to $6.7 million; ● GAAP net loss and loss per share of ($7.7) million and ($0.55), respectively; o GAAP net loss included an ($8.7) million goodwill impairment charge related to acquisitions;”
Zedge, Inc. reported second quarter fiscal year 2023, ended January 31, 2023 results: revenue $7.0 million, net income $1.6 million, EPS $0.11.
“positioning the business for profitable growth as conditions improve.” Second Quarter Highlights Financial (fiscal 2023 compared to fiscal 2022) ● Revenue increased 1.0% to $7.0 million; ● Net income and earnings per share of $1.6 million and $0.11, respectively; ● Adjusted EBITDA of $1.4 million; ● Zedge Premium Gross Transaction Value (GTV) 2 increased 1.0% to”
Zedge, Inc. engaged UHY LLP as its auditor.
“On February 7, 2023, the Company appointed UHY LLP ("UHY") to serve as the Company’s independent registered public accounting firm for the remainder of fiscal 2023”
Zedge, Inc. dismissed Marcum LLP as its auditor.
“On February 7, 2023, Zedge, Inc. (the "Company") dismissed Marcum LLP ("Marcum") as the Company’s independent registered public accounting firm”
Zedge, Inc. shareholders approved Approval of amendment to the Company's 2016 Stock Option and Incentive Plan at the 2023-01-18 meeting.
“Votes For Votes Against Abstentions Broker Non-Vote % Votes For 1,859,288 179,022 1,681 0 91.14”
Zedge, Inc. shareholders approved Election of Directors at the 2023-01-18 meeting.
“Nominee Votes For Votes Against Abstentions Broker Non-Vote % Votes For Mark Ghermezian 1,929,761 107,413 1,817 1,000 94.60 Elliot Gibber 1,955,689 81,597 1,705 1,000 95.87 Howard Jonas 2,022,465 14,921 1,605 1,000 99.14 Michael Jonas 2,031,194 6,145 1,652 1,000 99.57 Paul Packer 1,955,374 8,912 1,705 1,000 95.85 Gregory Suess 2,029,551 7,685 1,755 1,000 99.49”
Zedge, Inc. reported first quarter fiscal year 2023, ended October 31, 2022 results: revenue $6.9 million, net income ($0.2) million, EPS ($0.01).
“First Quarter Highlights Financial (fiscal 2023 compared to fiscal 2022) ● Revenue increased 14.5% to $6.9 million; ● Net loss and loss per share of ($0.2) million and ($0.01), respectively;”
Zedge, Inc. engaged Marcum LLP as its auditor.
“On November 28, 2022, at the recommendation of the Company’s Audit Committee, Marcum was engaged to serve as the independent registered public accounting firm of the Company for the first quarter of the fiscal year ending July 31, 2023, effective immediately.”
Zedge, Inc. dismissed Friedman LLP as its auditor.
“n Registrant’s Certifying Accountant (a) Dismissal of Independent Registered Public Accounting Firm. Based on information provided by Friedman LLP (“Friedman”), the independent registered public accounting firm of Zedge, Inc. (the “Company”), effective September 1, 2022, Friedman combined with Marcum LLP (“Marcum”) and continued to operate as an independent registered public accounting firm as a wholly-owned subsidiary of Marcum. Friedman was appointed as the Company’s independent registered public accounting firm on January 25, 2022, and continued to serve as the Company’s independent registered public accounting firm through November 28, 2022. On November 28, 2022, at the recommendation of the Company’s Audit Committee, Marcum was engaged to serve as the independent registered public accounting firm of the Company for the first quarter of the fiscal year ending July 31, 2023, effectiv”
Zedge, Inc. reported fiscal year ended July 31, 2022 results: revenue $26.5 million, net income $9.7 million, EPS $0.65.
“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.”
Zedge, Inc. reported fourth fiscal quarter ended July 31, 2022 results: revenue $7.4, net income $4.5, EPS $0.31.
“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 %”
Zedge, Inc. reported fiscal year ended July 31, 2022 results: revenue $26.5 million.
“● Revenue increased 35.6% to $26.5 million versus $19.6 million;”
Zedge, Inc. reported fourth fiscal quarter ended July 31, 2022 results: revenue $7.4 million.
“● Revenue increased 40.7% to $7.4 million versus $5.2 million;”
Zedge, Inc. incurred revolving credit of $4,000,000 revolving credit facility with Western Alliance Bank at Prime Rate plus 0.5% with a Prime floor rate of 4.00% maturing two-year term.
“Pursuant to the Amended Loan Agreement, Western Alliance Bank agreed to provide the Company with a term loan facility in the maximum principal amount of $7,000,000 for a four-year term and a $4,000,000 revolving credit facility for a two-year term. Amounts outstanding under the term loan and credit facility of the Amended Loan Agreement bear interest at a per annum rate equal to the Prime Rate (as published in The Wall Street Journal) plus 0.5%, with a Prime “floor” rate of 4.00%.”
Zedge, Inc. incurred term loan of maximum principal amount of $7,000,000 with Western Alliance Bank at Prime Rate plus 0.5% with a Prime floor rate of 4.00% maturing four-year term.
“Pursuant to the Amended Loan Agreement, Western Alliance Bank agreed to provide the Company with a term loan facility in the maximum principal amount of $7,000,000 for a four-year term and a $4,000,000 revolving credit facility for a two-year term. Amounts outstanding under the term loan and credit facility of the Amended Loan Agreement bear interest at a per annum rate equal to the Prime Rate (as published in The Wall Street Journal) plus 0.5%, with a Prime “floor” rate of 4.00%.”
Zedge, Inc. terminated Existing Loan and Security Agreement dated September 26, 2016 with Western Alliance Bank valued at Existing $2,000,000 revolving credit facility discontinued with no outstanding balance (effective 2022-10-28).
“On October 28, 2022, the Company entered into the Amended Loan Agreement with Western Alliance Bank. Pursuant to the Amended Loan Agreement, the Company discontinued the existing $2,000,000 revolving credit facility under the existing Loan and Security Agreement, dated as of September 26, 2016, as amended, restated, supplemented and otherwise modified from time to time prior to the date of the Amended Loan Agreement.”
Zedge, Inc. entered into Amended and Restated Loan and Security Agreement with Western Alliance Bank valued at Term loan facility of $7,000,000 for four-year term and $4,000,000 revolving credit facility for two (effective 2022-10-28).
“On October 28, 2022, Zedge, Inc. (the "Registrant" or "Company") entered into an Amended and Restated Loan and Security Agreement ("Amended Loan Agreement") with Western Alliance Bank.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.