Zedge, Inc. (ZDGE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Zedge, Inc. (ZDGE) stock price & volume — 10-year historical chart
Zedge, Inc. (ZDGE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Zedge, Inc. (ZDGE) competitors in Digital Media Publishers and Audio — business model, growth, and fundamentals comparison
Zedge, Inc. (ZDGE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Zedge, Inc. (ZDGE) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Jul'17 | Jul'18 | Jul'19 | Jul'20 | Jul'21 | Jul'22 | Jul'23 | Jul'24 | Jul'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 10.03M | 10.83M | 8.82M | 9.47M | 19.57M | 26.55M | 27.24M | 30.09M | 29.4M | 31.09M |
| Revenue Growth % | -9.74% | 8% | -18.62% | 7.42% | 106.64% | 35.65% | 2.62% | 10.46% | -2.3% | 5.7% |
| Cost of Goods Sold | 2.21M | 2.55M | 2.81M | 2.76M | 2.46M | 3.61M | 5.51M | 4.31M | 2.99M | 2.5M |
| COGS % of Revenue | 22.03% | 23.55% | 31.83% | 29.18% | 12.55% | 13.59% | 20.23% | 14.33% | 10.17% | - |
| Gross Profit | 7.82M▲ 0% | 8.28M▲ 5.9% | 6.01M▼ 27.4% | 6.71M▲ 11.6% | 17.11M▲ 155.2% | 22.94M▲ 34.0% | 21.73M▼ 5.3% | 25.78M▲ 18.6% | 26.41M▲ 2.4% | 28.59M▲ 0% |
| Gross Margin % | 77.97% | 76.45% | 68.17% | 70.82% | 87.45% | 86.41% | 79.77% | 85.67% | 89.83% | 91.96% |
| Gross Profit Growth % | -15.07% | 5.89% | -27.43% | 11.6% | 155.17% | 34.03% | -5.27% | 18.63% | 2.44% | - |
| Operating Expenses | 8.47M | 9.66M | 8.9M | 7.11M | 9.31M | 14.2M | 21.86M | 25.63M | 27.19M | 26M |
| OpEx % of Revenue | 84.42% | 89.16% | 100.92% | 75.08% | 47.58% | 53.5% | 80.24% | 85.16% | 92.48% | - |
| Selling, General & Admin | 8.47M | 9.62M | 8.9M | 7.11M | 9.31M | 14.2M | 21.86M | 25.63M | 27.19M | 25.85M |
| SG&A % of Revenue | 84.42% | 88.8% | 100.92% | 75.08% | 47.58% | 53.5% | 80.24% | 85.16% | 92.48% | - |
| Research & Development | 0 | 39K | 0 | 0 | 0 | 0 | 0 | 0 | 827K | 972K |
| R&D % of Revenue | - | 0.36% | - | - | - | - | - | - | 2.81% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -827K | -827K |
| Operating Income | -647K▲ 0% | -1.38M▼ 112.8% | -2.89M▼ 109.7% | -403K▲ 86.0% | 7.8M▲ 2036.2% | 8.74M▲ 12.0% | -127K▼ 101.5% | 153K▲ 220.5% | -779K▼ 609.2% | -1.38M▲ 0% |
| Operating Margin % | -6.45% | -12.71% | -32.75% | -4.26% | 39.87% | 32.91% | -0.47% | 0.51% | -2.65% | -4.44% |
| Operating Income Growth % | -144.5% | -112.83% | -109.66% | 86.04% | 2036.23% | 11.97% | -101.45% | 220.47% | -609.15% | - |
| EBITDA | -4K | -344K | -1.46M | 1.17M | 9.06M | 10.7M | 3.14M | 2.61M | 370K | -526K |
| EBITDA Margin % | -0.04% | -3.18% | -16.56% | 12.3% | 46.32% | 40.32% | 11.53% | 8.66% | 1.26% | -1.69% |
| EBITDA Growth % | -100.19% | -8500% | -324.42% | 179.79% | 678.03% | 18.08% | -70.64% | -17.03% | -85.81% | -1152% |
| D&A (Non-Cash Add-back) | 643K | 1.03M | 1.43M | 1.57M | 1.26M | 1.97M | 3.27M | 2.45M | 1.15M | 853K |
| EBIT | -627K | -1.41M | -3.33M | -544K | 8.05M | 11.61M | -6.56M | -11.37M | -2.72M | 729K |
| Net Interest Income | 19K | 29K | -199K | 11K | 245K | 49K | 311K | 626K | 666K | 467K |
| Interest Income | 19K | 29K | 0 | 11K | 245K | 49K | 311K | 626K | 666K | 314K |
| Interest Expense | 0 | 0 | 199K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 20K | -34K | -441K | -141K | 243K | 2.87M | -6.44M | -11.52M | -1.94M | -798K |
| Pretax Income | -627K▲ 0% | -1.33M▼ 112.6% | -3.33M▼ 149.7% | -544K▲ 83.7% | 8.05M▲ 1579.0% | 11.61M▲ 44.2% | -6.56M▼ 156.6% | -11.37M▼ 73.2% | -2.72M▲ 76.1% | -2.18M▲ 0% |
| Pretax Margin % | -6.25% | -12.31% | -37.75% | -5.74% | 41.12% | 43.72% | -24.1% | -37.78% | -9.24% | -7% |
| Income Tax | -16K | 230K | 16K | 15K | -202K | 1.89M | -462K | -2.2M | -325K | -302K |
| Effective Tax Rate % | 2.55% | -17.25% | -0.48% | -2.76% | -2.51% | 16.3% | 7.04% | 19.33% | 11.96% | 13.87% |
| Net Income | -611K▲ 0% | -1.56M▼ 155.8% | -3.34M▼ 113.9% | -559K▲ 83.3% | 8.25M▲ 1575.5% | 9.71M▲ 17.8% | -6.1M▼ 162.8% | -9.17M▼ 50.3% | -2.39M▲ 73.9% | -1.88M▲ 0% |
| Net Margin % | -6.09% | -14.43% | -37.93% | -5.9% | 42.15% | 36.59% | -22.4% | -30.48% | -8.14% | -6.03% |
| Net Income Growth % | -162.16% | -155.81% | -113.95% | 83.28% | 1575.49% | 17.77% | -162.82% | -50.3% | 73.92% | 3.55% |
| Net Income (Continuing) | -611K | -1.56M | -3.34M | -559K | 8.25M | 9.71M | -6.1M | -9.17M | -2.39M | -374K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.06▲ 0% | -0.16▼ 148.1% | -0.33▼ 106.3% | -0.05▲ 84.8% | 0.59▲ 1275.3% | 0.65▲ 10.2% | -0.43▼ 166.2% | -0.65▼ 51.2% | -0.17▲ 73.8% | -0.14▲ 0% |
| EPS Growth % | -158.64% | -148.06% | -106.25% | 84.79% | 1275.3% | 10.17% | -166.15% | -51.16% | 73.85% | -7.26% |
| EPS (Basic) | -0.06 | -0.16 | -0.33 | -0.05 | 0.63 | 0.69 | -0.43 | -0.65 | -0.17 | - |
| Diluted Shares Outstanding | 9.47M | 9.8M | 10.08M | 11.13M | 14.04M | 14.86M | 14.1M | 14.09M | 13.74M | 12.99M |
| Basic Shares Outstanding | 9.47M | 9.77M | 10.08M | 11.13M | 13.16M | 14.18M | 14.1M | 14.09M | 13.74M | 12.99M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
Zedge, Inc. (ZDGE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jul'17 | Jul'18 | Jul'19 | Jul'20 | Jul'21 | Jul'22 | Jul'23 | Jul'24 | Jul'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 7.03M | 5.8M | 3.23M | 6.75M | 27.61M | 19.89M | 21.58M | 24M | 22.44M | 23.93M |
| Cash & Short-Term Investments | 4.58M | 3.41M | 1.61M | 5.11M | 24.91M | 17.09M | 18.13M | 20M | 18.61M | 19.11M |
| Cash Only | 4.58M | 3.41M | 1.61M | 5.11M | 24.91M | 17.09M | 18.13M | 20M | 18.61M | 19.11M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.71M | 1.99M | 1.17M | 1.41M | 2.54M | 2.41M | 2.88M | 3.41M | 3.16M | 3.77M |
| Days Sales Outstanding | 62.29 | 66.88 | 48.36 | 54.23 | 47.47 | 33.15 | 38.63 | 41.31 | 39.28 | 39.83 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 427K | 108K | 68K | 113K | 49K | 0 | 569K | 593K | 28K | 1.06M |
| Total Non-Current Assets | 5.5M | 5.92M | 5.78M | 5.25M | 9.86M | 34.73M | 25.25M | 14.2M | 13.21M | 9.89M |
| Property, Plant & Equipment | 2.68M | 3.34M | 3.4M | 2.9M | 2.22M | 1.86M | 2.55M | 2.52M | 1.35M | 1.24M |
| Fixed Asset Turnover | 3.75x | 3.24x | 2.60x | 3.26x | 8.80x | 14.24x | 10.70x | 11.94x | 21.71x | 22.70x |
| Goodwill | 2.52M | 2.45M | 2.27M | 2.2M | 2.26M | 10.79M | 1.96M | 1.82M | 1.93M | 2.07M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 21.02M | 18.71M | 5.37M | 4.92M | 1.13M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 129K | 125K | 120K | 154K | 4.9M | 196K | 196K | 141K | 180K | 1.32M |
| Total Assets | 12.53M▲ 0% | 11.72M▼ 6.5% | 9.01M▼ 23.1% | 12.01M▲ 33.3% | 37.48M▲ 212.2% | 54.63M▲ 45.8% | 46.83M▼ 14.3% | 38.2M▼ 18.4% | 35.65M▼ 6.7% | 33.82M▲ 0% |
| Asset Turnover | 0.80x | 0.92x | 0.98x | 0.79x | 0.52x | 0.49x | 0.58x | 0.79x | 0.82x | 0.87x |
| Asset Growth % | 0.79% | -6.48% | -23.14% | 33.29% | 212.18% | 45.76% | -14.27% | -18.44% | -6.65% | -22.14% |
| Total Current Liabilities | 1.91M | 1.72M | 2.05M | 2.84M | 4.18M | 8.66M | 5.76M | 6.25M | 7.76M | 7.74M |
| Accounts Payable | 33K | 280K | 217K | 290K | 585K | 1.18M | 669K | 1.11M | 1.47M | 1.44M |
| Days Payables Outstanding | 5.45 | 40.06 | 28.23 | 38.31 | 86.98 | 119.41 | 44.31 | 94.19 | 179.57 | 209.85 |
| Short-Term Debt | 0 | 0 | 141K | 232K | 86K | 142K | 124K | 85K | 144K | 0 |
| Deferred Revenue (Current) | 0 | 11K | 517K | 1.34M | 1.82M | 3.4M | 2.41M | 2.17M | 3.42M | 14.22M |
| Other Current Liabilities | 905K | 480K | 434K | 454K | 596K | 2.1M | 772K | 655K | 835K | 3.74M |
| Current Ratio | 3.68x | 3.37x | 1.58x | 2.38x | 6.61x | 2.30x | 3.75x | 3.84x | 2.89x | 2.89x |
| Quick Ratio | 3.68x | 3.37x | 1.58x | 2.38x | 6.61x | 2.30x | 3.75x | 3.84x | 2.89x | 2.89x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | -170.02 |
| Total Non-Current Liabilities | 0 | 0 | 0 | 282K | 145K | 1.78M | 2.21M | 1.05M | 1.99M | 2.22M |
| Long-Term Debt | 0 | 0 | 0 | 218K | 0 | 0 | 1.99M | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 64K | 145K | 53K | 223K | 118K | 53K | 53K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 1.73M | 0 | 0 | 0 | 2.53M |
| Total Liabilities | 1.91M | 1.72M | 2.05M | 3.12M | 4.32M | 10.44M | 7.97M | 7.3M | 9.75M | 9.96M |
| Total Debt | 0 | 0 | 141K | 514K | 231K | 195K | 2.33M | 203K | 197K | 0 |
| Net Debt | -4.58M | -3.41M | -1.47M | -4.6M | -24.68M | -16.89M | -15.79M | -19.8M | -18.41M | -19.11M |
| Debt / Equity | - | - | 0.02x | 0.06x | 0.01x | 0.00x | 0.06x | 0.01x | 0.01x | 0.01x |
| Debt / EBITDA | - | - | - | 0.44x | 0.03x | 0.02x | 0.74x | 0.08x | 0.53x | -0.00x |
| Net Debt / EBITDA | - | - | - | -3.95x | -2.72x | -1.58x | -5.03x | -7.59x | -49.76x | -49.76x |
| Interest Coverage | - | - | -14.51x | - | - | - | - | - | - | - |
| Total Equity | 10.62M▲ 0% | 10.01M▼ 5.8% | 6.96M▼ 30.5% | 8.88M▲ 27.7% | 33.16M▲ 273.2% | 44.19M▲ 33.3% | 38.86M▼ 12.0% | 30.9M▼ 20.5% | 25.9M▼ 16.2% | 23.87M▲ 0% |
| Equity Growth % | 0.25% | -5.76% | -30.47% | 27.66% | 273.16% | 33.28% | -12.05% | -20.5% | -16.17% | -52.89% |
| Book Value per Share | 1.12 | 1.02 | 0.69 | 0.80 | 2.36 | 2.97 | 2.76 | 2.19 | 1.89 | 1.84 |
| Total Shareholders' Equity | 10.62M | 10.01M | 6.96M | 8.88M | 33.16M | 44.19M | 38.86M | 30.9M | 25.9M | 23.87M |
| Common Stock | 96K | 103K | 104K | 123K | 144K | 144K | 151K | 154K | 156K | 157K |
| Retained Earnings | -10.34M | -11.9M | -15.24M | -15.8M | -7.55M | 2.16M | -3.94M | -13.11M | -15.51M | -17.01M |
| Treasury Stock | 0 | 0 | -47K | -76K | -102K | -334K | -1.93M | -2.58M | -7.01M | 0 |
| Accumulated OCI | -584K | -702K | -985K | -1.08M | -997K | -1.39M | -1.54M | -1.83M | -1.51M | -1.17M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Zedge, Inc. (ZDGE) cash flow — operating, investing & free cash flow history
| Line item | Jul'17 | Jul'18 | Jul'19 | Jul'20 | Jul'21 | Jul'22 | Jul'23 | Jul'24 | Jul'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -97K | 332K | 76K | 2.12M | 10.13M | 11.49M | 3.16M | 5.85M | 3.42M | 3.42M |
| Operating CF Margin % | -0.97% | 3.06% | 0.86% | 22.41% | 51.77% | 43.29% | 11.61% | 19.44% | 11.64% | - |
| Operating CF Growth % | -105.27% | 442.27% | -77.11% | 2692.11% | 377.38% | 13.45% | -72.49% | 85.01% | -41.5% | -74.19% |
| Net Income | -611K | -1.56M | -3.34M | -559K | 8.25M | 9.71M | -6.1M | -9.17M | -2.39M | -1.88M |
| Depreciation & Amortization | 643K | 1.03M | 1.43M | 1.57M | 1.26M | 1.97M | 3.27M | 2.45M | 1.15M | 702K |
| Stock-Based Compensation | 275K | 595K | 619K | 492K | 652K | 1.94M | 2.52M | 2.14M | 0 | 379K |
| Deferred Taxes | -28K | 172K | 0 | 0 | -477K | -384K | -981K | -2.5M | -479K | -454K |
| Other Non-Cash Items | 36K | 242K | 253K | 0 | -218K | -3.96M | 6.79M | 12.02M | 2.43M | 3.34M |
| Working Capital Changes | -412K | -147K | 1.12M | 621K | 664K | 2.22M | -2.33M | 905K | 2.71M | 1.14M |
| Change in Receivables | -45K | -65K | 644K | -274K | -1.14M | 371K | -472K | -523K | 242K | -775K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 400K | -171K | -311K | -118K | 830K | 436K | -711K | 722K | 378K | -761K |
| Cash from Investing | -1.51M | -1.7M | -1.74M | -759K | -5.48M | -18.95M | -2.42M | -1.19M | -549K | -540K |
| Capital Expenditures | -1.51M | -1.7M | -1.49M | -759K | -653K | -1.53M | -2.42M | -1.19M | -549K | -303K |
| CapEx % of Revenue | 15.01% | 15.71% | 16.9% | 8.01% | 3.34% | 5.76% | 8.89% | 3.97% | 1.87% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | -17.42M | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | -4.78M | 0 | 0 | 0 | 0 | -237K |
| Cash from Financing | 166K | 232K | -42K | 2.17M | 15.1M | -223K | 387K | -2.64M | -4.37M | -3.92M |
| Debt Issued (Net) | 0 | 0 | 0 | 77K | -181K | 0 | 1.98M | -2M | 0 | 0 |
| Equity Issued (Net) | 166K | 232K | -42K | 1000K | 1000K | -223K | -1000K | -643K | -1000K | -2.32M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -208K |
| Share Repurchases | 0 | 0 | -47K | -29K | -26K | -232K | -1.6M | -646K | -4.43M | -2.94M |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -42K |
| Net Change in Cash | -1.4M▲ 0% | -1.17M▲ 16.2% | -1.8M▼ 53.5% | 3.5M▲ 294.7% | 19.8M▲ 465.3% | -7.82M▼ 139.5% | 1.04M▲ 113.3% | 1.87M▲ 80.1% | -1.39M▼ 174.2% | -948K▲ 0% |
| Free Cash Flow | -1.6M▲ 0% | -1.37M▲ 14.5% | -1.41M▼ 3.2% | 1.36M▲ 196.4% | 9.48M▲ 595.3% | 10.88M▲ 14.8% | 1.7M▼ 84.4% | 4.66M▲ 173.6% | 3.34M▼ 28.3% | 3.48M▲ 0% |
| FCF Margin % | -15.98% | -12.65% | -16.04% | 14.39% | 48.43% | 40.99% | 6.25% | 15.47% | 11.36% | 11.2% |
| FCF Growth % | -291.75% | 14.54% | -3.21% | 196.39% | 595.3% | 14.81% | -84.36% | 173.56% | -28.29% | -22.46% |
| FCF per Share | -0.17 | -0.14 | -0.14 | 0.12 | 0.68 | 0.73 | 0.12 | 0.33 | 0.24 | 0.24 |
| FCF Conversion (FCF/Net Income) | 0.16x | -0.21x | -0.02x | -3.80x | 1.23x | 1.18x | -0.52x | -0.64x | -1.43x | -1.86x |
| Interest Paid | 0 | 0 | 0 | 3K | 3K | 0 | 118K | 66K | 0 | 0 |
| Taxes Paid | 0 | 31K | 1K | 1K | 1K | 2.36M | 795K | 272K | 0 | -130K |
Zedge, Inc. (ZDGE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -5.76% | -15.15% | -39.41% | -7.06% | 39.24% | 25.12% | -14.69% | -26.29% | -8.42% | -7.19% |
| Return on Invested Capital (ROIC) | -9.1% | -16.34% | -35.81% | -6.18% | 91.68% | 36.63% | -0.38% | 0.67% | -6.29% | -6.29% |
| Gross Margin | 77.97% | 76.45% | 68.17% | 70.82% | 87.45% | 86.41% | 79.77% | 85.67% | 89.83% | 91.96% |
| Net Margin | -6.09% | -14.43% | -37.93% | -5.9% | 42.15% | 36.59% | -22.4% | -30.48% | -8.14% | -6.03% |
| Debt / Equity | - | - | 0.02x | 0.06x | 0.01x | 0.00x | 0.06x | 0.01x | 0.01x | 0.01x |
| Interest Coverage | - | - | -14.51x | - | - | - | - | - | - | - |
| FCF Conversion | 0.16x | -0.21x | -0.02x | -3.80x | 1.23x | 1.18x | -0.52x | -0.64x | -1.43x | -1.86x |
| Revenue Growth | -9.74% | 8% | -18.62% | 7.42% | 106.64% | 35.65% | 2.62% | 10.46% | -2.3% | 5.7% |
Zedge, Inc. (ZDGE) stock FAQ — growth, dividends, profitability & financials explained
Zedge, Inc. (ZDGE) reported $31.1M in revenue for fiscal year 2025. This represents a 376% increase from $6.5M in 2014.
Zedge, Inc. (ZDGE) saw revenue decline by 2.3% over the past year.
Zedge, Inc. (ZDGE) reported a net loss of $1.9M for fiscal year 2025.
Zedge, Inc. (ZDGE) has a return on equity (ROE) of -8.4%. Negative ROE indicates the company is unprofitable.
Zedge, Inc. (ZDGE) generated $3.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Zedge, Inc. (ZDGE) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates