ZEDGE

This morning, ZEDGE reported second-quarter results. Jonathan Reich, Zedge’s chief executive officer - “I’m encouraged by the overall positive momentum we experienced during the second quarter as most of our businesses reported strong results. Advertising revenue grew by over 18% from last year based on strong performance from the Zedge Marketplace. Additionally, Zedge+, the Zedge Marketplace’s subscription offering, reported 11% sequential and 24% year-over-year revenue growth. The introduction of iOS subscriptions in late fiscal 2023, coupled with upgrading our Android subscription offering, has resulted in revenue and margin expansion as we attract new subscribers that monetize at a premium when compared to the ad-supported tier. Zedge Premium grew by 21% from last year, benefitting from increased pAInt use as we continued to expand the opportunity both for Zedge Marketplace users and introduced the functionality on the web. When taken together with the ongoing optimization of our advertising stack, these factors led to record ARPMAU1 with 37% year-over-year growth." $ZDGE Emojipedia GuruShots #ai #generativeai #emoji #emojis #investing #valueinvesting #garp #microcaps #growthstocks #equities #trading #entertainment #smallcaps #media #earnings #portfoliomanagement #hedgefunds #gaming #growth #investment #nyse #mobile #mobileadvertising #gaming

Our client, ZEDGE $ZDGE will be reporting fiscal second quarter results tomorrow, Friday morning, March 15th. This is another underowned, undervalued stock that has performed well over the last few months as management's growth initiatives have begun to pay off. Tune in for a strategy and business update from CEO Jonathan Reich and CFO Yi Tsai. Live Call-in Info: Toll Free: 888-506-0062 International: 973-528-0011 Participant Access Code: 664424 Webcast URL: https://lnkd.in/df9kYHBD Replay: Toll Free: 877-481-4010 International: 919-882-2331 Replay Passcode: 50078 $ZDGE Emojipedia GuruShots #ai #generativeai #emoji #emojis #investing #valueinvesting #garp #microcaps #growthstocks #equities #trading #entertainment #smallcaps #media #earnings #portfoliomanagement #hedgefunds #gaming #growth #investment #nyse #mobile #mobileadvertising #gaming

Yesterday, ZEDGE announced the payoff of the remaining $2 million of our term loan, making us debt-free. We also updated that our cash position as of the paydown date was approximately $16.7M, up from net cash of $16.1M as of 7/31/23. $ZDGE Emojipedia GuruShots #ai #generativeai #emoji #emojis #investing #valueinvesting #garp #microcaps #growthstocks #equities #trading #entertainment #smallcaps #media #earnings #portfoliomanagement #hedgefunds #gaming #growth #investment #nyse #mobile #mobileadvertising #gaming

Check out our year-end fiscal 2023 results reported yesterday. It was a transition year, where we diversified our business and invested in long-term growth initiatives while still generating $5.7M in adjusted EBITDA. “We have never been in a better position to create sustainable, long-term and profitable growth in light of our promising market opportunities, robust product portfolio and roadmap, improved marketing prowess, enhanced data and analytics capabilities, tech stack, and, above all, our exceptional team. We are excited about moving our growth strategy forward in fiscal 2024.” - Jonathan Reich, chief executive officer. $ZDGE Emojipedia GuruShots #ai #generativeai #emoji #emojis #investing #valueinvesting #garp #microcaps #growthstocks #equities #trading #entertainment #smallcaps #media #earnings #portfoliomanagement #hedgefunds #gaming #growth #investment #nyse #mobile #mobileadvertising #gaming

Check out our fourth quarter and year-end fiscal 2023 earnings results today after the market closes. Details to listen to the earnings call: Live Call-in Info: Toll Free: 888-506-0062/International: 973-528-0011 Participant Access Code: 941144 Webcast: https://lnkd.in/g8Q5gn9g   Replay: Toll Free: 877-481-4010/International: 919-882-2331 Replay Passcode: 49297 $ZDGE Emojipedia GuruShots #ai #generativeai #emoji #emojis #investing #valueinvesting #garp #microcaps #growthstocks #equities #trading #entertainment #smallcaps #media #earnings #portfoliomanagement #hedgefunds #gaming #growth #investment #nyse #mobile #mobileadvertising #gaming

Good Morning! Zedge CEO Jonathan Reich is busy today presenting to and meeting with investors. Check out the two webcasts he will be participating in: Maxim Virtual Tech Series Conference: Emerging Growth in A.I. Date: Tuesday, September 26, 2023 Time: 11:00 A.M. ET https://lnkd.in/e83ftNJn iAccess Alpha Best Ideas From The Buyside Conference Date: Tuesday, September 26, 2023 Time: 1:30 P.M. ET https://lnkd.in/gefqhBBM $ZDGE Emojipedia GuruShots #ai #generativeai #emoji #emojis #investing #valueinvesting #garp #microcaps #growthstocks #equities #trading #entertainment #smallcaps #media #earnings #portfoliomanagement #hedgefunds #gaming #growth #investment #nyse #mobile #mobileadvertising #gaming