ZedgeZDGE
ZDGE
About: Zedge Inc provides content distribution platforms. Its content platform enables consumers to personalize their mobile devices with free, high-quality ringtones, wallpapers, home screen app icons, widgets and notification sounds as well as paint, a generative AI wallpaper maker, GuruShots, a skill-based photo challenge game, and Emojipedia. The company also launched a Zedge app. It has two reportable segments, which are the Zedge Marketplace and GuruShots.
Employees: 99
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
469% more call options, than puts
Call options by funds: $91K | Put options by funds: $16K
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
14% more funds holding
Funds holding: 36 [Q3] → 41 (+5) [Q4]
0.11% less ownership
Funds ownership: 15.29% [Q3] → 15.18% (-0.11%) [Q4]
29% less capital invested
Capital invested by funds: $7.88M [Q3] → $5.62M (-$2.26M) [Q4]
64% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 14
Research analyst outlook
We haven’t received any recent analyst ratings for ZDGE.
Financial journalist opinion
Neutral
Accesswire
2 weeks ago
Zedge Increases Cost Reduction Efforts to a Targeted $4 Million Annually
Estimated total global restructuring and other cost reductions to save $3.9 to $4.1 million annually relative to Q1 FY25 run rate - FY24 free cash flow* was $4.7 million Total global restructuring efforts to date include a 22% workforce reduction with expected annualized compensation-related cost savings of approximately $2.6 million (pre-tax); additional $0.1 to $0.3 million in annualized non-employee cost reductions being targeted Other annual cost reductions of $1.2 million stem from the completion of scheduled payments of GuruShots acquisition-related retention bonuses NEW YORK, NY / ACCESS Newswire / February 5, 2025 / Zedge, Inc. (NYSE AMERICAN:ZDGE), $ZDGE, a leader in digital marketplaces and interactive games that foster creativity, self-expression and community engagement, today announced additional restructuring initiatives, mainly the closure of its Norway operations. Combined with the previously announced headcount and compensation expense reductions at GuruShots and other initiatives, these actions mark a key milestone in the Company's strategy to streamline operations and enhance profitability while positioning for growth and revamped focus.
Neutral
Accesswire
1 month ago
Zedge Announces GuruShots Restructuring to Improve Profitability and Position Itself for Long-term Growth
Initiatives, including an approximate 14% reduction in Zedge's global headcount, mostly impacting GuruShots, are expected to lower costs by approximately $1.7 million (pre-tax) on an annualized basis Cost reductions expected to enhance profitability and cash flow Comprehensive overhaul of the GuruShots game underway, targeting much-improved player experience to drive future growth NEW YORK, NY / ACCESS Newswire / January 21, 2025 / Zedge, Inc. (NYSE AMERICAN:ZDGE), $ZDGE, a leader in digital marketplaces and interactive games that provide content, enable creativity, empower self-expression and facilitate community, today announced a corporate restructuring designed to streamline operations and enhance profitability. The Company expects the restructuring, which includes employees and contractors, will reduce Zedge's global workforce by approximately 14% and generate approximately $1.7 million in pre-tax, annualized cost savings with additional cost benefits from lower discretionary spending related to GuruShots during the remainder of fiscal 2025.
Neutral
Seeking Alpha
2 months ago
Zedge, Inc. (ZDGE) Q1 2025 Earnings Call Transcript
Zedge, Inc. (NYSE:ZDGE ) Q1 2025 Earnings Conference Call December 16, 2024 10:00 AM ET Company Participants Brian Siegel - Investor Relations Jonathan Reich - Chief Executive Officer Yi Tsai - Chief Financial Officer and Treasurer Conference Call Participants Allen Klee - Maxim Group Operator Good day and welcome to the Zedge's Earnings Conference Call for the First Quarter Fiscal 2025 Results. During management's prepared remarks, all participants will be in a listen-only mode.
Neutral
Accesswire
2 months ago
Zedge Announces First Quarter Fiscal 2025 Results
Zedge Marketplace subscription revenue increased 21% Zedge Marketplace ARPMAU1 increased 22% Zedge Premium GTV1 increased 62% NEW YORK, NY / ACCESSWIRE / December 16, 2024 / Zedge, Inc. (NYSE AMERICAN:ZDGE), $ZDGE, a leader in digital marketplaces and interactive games that provides content, enables creativity, empowers self-expression and facilitates community, today announced results for its first quarter fiscal 2025, ended October 31, 2024. Jonathan Reich, Zedge's CEO, commented: "We are encouraged by the underlying trends in our business, which provide a strong foundation for future growth despite a mixed bag of results at the start of the fiscal year.
Neutral
Accesswire
2 months ago
Zedge To Report First Fiscal Quarter 2025 Results
NEW YORK, NY / ACCESSWIRE / December 5, 2024 / Zedge, Inc. (NYSE American:ZDGE) will report financial and operational results for its first fiscal quarter 2025 results, ending October 31, 2024. Zedge's earnings release will be filed on Form 8-K and posted on the Zedge investor relations website (investor.zedge.net) at approximately 6:30 AM Eastern on December 16, 2024.
Neutral
Accesswire
3 months ago
Zedge Marketplace Introduces Major Website Updates
Users Can Now Access More Zedge Content and Get Increased Value from Zedge Credit Purchases Made on the Website Modernized user interface mirrors mobile app NEW YORK, NY / ACCESSWIRE / November 13, 2024 / Zedge, Inc. (NYSE AMERICAN:ZDGE), a leader in digital marketplaces and interactive games that provides content, enables creativity, empowers self-expression and facilitates community, today announced a significant enhancement to Zedge Marketplace's (https://www.zedge.net/) website that allows users to purchase premium wallpapers directly on the website, providing purchasers with improved value by avoiding third-party app store fees. "We're making it easier and even more affordable for users to purchase premium Zedge Marketplace wallpapers," said Tim Quirk, SVP of Product at Zedge.
Neutral
Seeking Alpha
3 months ago
Zedge, Inc. (ZDGE) Q4 2024 Earnings Call Transcript
Zedge, Inc. (NYSE:ZDGE ) Q4 2024 Earnings Conference Call October 29, 2024 11:00 AM ET Company Participants Brian Siegel - Investor Relations Jonathan Reich - Chief Executive Officer Yi Tsai - Chief Financial Officer and Treasurer Conference Call Participants Derek Greenberg - Maxim Group Allen Klee - Maxim Group Operator Good day and welcome to the Zedge Earnings Conference Call for the Fourth Quarter and End of Year Fiscal 2024 Results. During management's prepared remarks, all participants will be in a listen-only mode.
Neutral
Accesswire
3 months ago
Zedge Announces Fourth Quarter and Full Year Fiscal 2024 Results
Fourth quarter total revenue growth of 14% Fourth quarter Zedge Marketplace subscription revenue grew 31% Fourth quarter Zedge Marketplace ARPMAU1 increased 43% NEW YORK, NY / ACCESSWIRE / October 29, 2024 / Zedge, Inc. (NYSE AMERICAN:ZDGE), a leader in digital marketplaces and interactive games that provides content, enables creativity, empowers self-expression and facilitates community, today announced results for its fourth quarter and full year fiscal 2024, ended July 31, 2024. Jonathan Reich, Zedge's CEO, commented, "We concluded the year with strong momentum, achieving 14% overall company revenue growth in the fourth quarter, including impressive Zedge Marketplace subscription revenue growth of 31%, Zedge Premium Gross Transaction Value (GTV)1 growth of 56% and ARPMAU growth of 43%.
Neutral
Accesswire
4 months ago
Zedge's GuruShots Photography Game Introduces Exciting New Features: Onboarding, Missions and Enhanced Game Economy
Updates focused on attracting new players, improving engagement and retention and driving revenue NEW YORK, NY / ACCESSWIRE / October 23, 2024 / Zedge, Inc. (NYSE American:ZDGE), a leader in digital marketplaces and interactive games that empower self-expression, today announced recent updates to GuruShots,"The World's Greatest Photography Game." These enhancements include a robust onboarding experience, the launch of missions and the adoption of a coin-based in-game economy, all aimed at attracting new players, driving engagement, improving retention and unlocking new monetization potential.
Neutral
Accesswire
4 months ago
Zedge To Report Fourth Quarter And End Of Year Fiscal 2024 Results
NEW YORK, NY / ACCESSWIRE / October 22, 2024 / Zedge, Inc. (NYSE American:ZDGE) will report financial and operational results for its fourth quarter and end of year fiscal 2024 results, ending July 31, 2024. Zedge's earnings release will be filed on Form 8-K and posted on the Zedge investor relations website (investor.zedge.net) at approximately 6:30 AM Eastern on October 29, 2024.
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