Zedge Inc Stock Research

Market Summary

USD2.220.00

Market Closed

0.00%

ZDGE Stock Price

ZDGE RSI Chart

ZDGE Valuation

Market Cap

29.8M

Price/Earnings (Trailing)

3.89

Price/Sales (Trailing)

1.22

EV/EBITDA

1.15

Price/Free Cashflow

2.17

ZDGE Price/Sales (Trailing)

ZDGE Profitability

EBT Margin

32.00%

Return on Equity

17.01%

Return on Assets

13.47%

Free Cashflow Yield

46.06%

ZDGE Fundamentals

ZDGE Revenue

Revenue (TTM)

27.4M

Revenue Y/Y

14.47%

Revenue Q/Q

-6.4%

ZDGE Earnings

Earnings (TTM)

7.5M

Earnings Y/Y

-108.22%

Earnings Q/Q

-103.73%

Price Action

52 Week Range

1.628.15

(Low)(High)

Last 7 days

-3.5%

Last 30 days

32.9%

Last 90 days

6.7%

Trailing 12 Months

-65.5%

ZDGE Financial Health

Current Ratio

2.76

ZDGE Investor Care

Shares Dilution (1Y)

4.61%

Diluted EPS (TTM)

0.5

Peers (Alternatives to Zedge)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GOOG	1.3T	275.7B	16.48%	-22.00%	19.5	4.74	15.26%	-5.14%
TWTR	41.4B	5.2B	27.58%	-2.03%	-370.37	7.92	17.45%	-129.08%
SNAP	18.1B	4.6B	27.60%	-61.45%	-16.16	3.93	23.31%	-79.38%
PINS	17.9B	2.8B	16.97%	-0.52%	292.57	6.46	13.75%	-82.50%
MID-CAP
TRIP	3.0B	1.4B	35.40%	-6.89%	-426.49	2.16	77.48%	96.34%
YELP	2.2B	1.2B	19.15%	-3.50%	55.71	1.9	16.76%	4.85%
CARG	2.0B	1.7B	29.48%	-41.15%	22.96	1.2	123.63%	-14.84%
SMALL-CAP
TTGT	1.5B	301.4M	18.20%	-33.33%	80.72	4.94	29.74%	-8.73%
CARS	1.1B	644.0M	27.67%	11.96%	1.1K	1.7	4.14%	-95.27%
EB	846.7M	249.0M	61.89%	-33.49%	-11.11	3.4	61.54%	46.49%
TRUE	275.6M	170.7M	36.49%	-5.61%	-2.37	1.61	-31.66%	-280.85%
CDLX	235.6M	306.1M	47.12%	-88.02%	-2.38	0.77	25.37%	19.99%
TZOO	66.4M	65.7M	29.44%	-39.20%	73.99	1.01	6.69%	-81.76%
ZDGE	29.8M	27.4M	32.93%	-65.53%	3.89	1.22	25.56%	-19.10%

Financials for Zedge

Income Statement (Last 12 Months)					(In Thousands)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	3.3%	27,417	26,545	24,414	23,436	21,835
Operating Expenses	19.6%	1,963	1,641	1,340	1,229	1,200
S&GA Expenses	20.5%	18,155	15,061	12,354	10,984	10,037
EBITDA	-22.1%	10,612	13,621	11,023	11,627	11,143
EBITDA Margin	-24.6%	0.39*	0.51*	0.45*	0.50*	0.51*
Earnings Before Taxes	-24.4%	8,773	11,606	9,280	10,024	9,585
EBT Margin	-26.8%	0.32*	0.44*	0.38*	0.43*	0.44*
Interest Expenses	44.9%	71	49	273	267	258
Net Income	-22.9%	7,490	9,714	7,659	9,305	9,258
Net Income Margin	-25.3%	0.27*	0.37*	0.31*	0.40*	0.42*
Free Cahsflow	-14.0%	9,880	11,492	13,707	12,048	11,337

* denotes actual numbers (not divided by Thousands)

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	1.8%	56	55	56	45	42
Current Assets	8.1%	22	20	20	34	30
Cash Equivalents	7.8%	18	17	17	30	27
Net PPE	7.8%	2	2	2	2	2
Goodwill	-1.3%	11	11	11	2	2
Liabilities	10.7%	12	10	17	7	7
Current Liabilities	-10.2%	8	9	14	7	7
LT Debt, Non Current	-	2	-	-	-	-
Shareholder's Equity	-0.3%	44	44	39	38	35
Retained Earnings	-7.8%	2	2	-2.37	-3.17	-5.50
Additional Paid-In Capital	1.4%	44	44	43	42	42
Shares Outstanding	-100.0%	-	14	14	-	-

* denotes actual numbers (not divided by Millions)

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	-14.0%	10	11	14	12	11
Share Based Compensation	13.9%	2	2	1	1	1
Cashflow From Investing	-5.9%	-20.07	-18.95	-23.69	-5.40	-5.45
Cashflow From Financing	853.8%	2	-0.22	2	10	15
Buy Backs	33.6%	0	0	0	0	0

Risks for ZDGE

What is the probability of a big loss on ZDGE?

100%

Probability that Zedge stock will be more than 20% underwater in next one year

96.9%

Probability that Zedge stock will be more than 30% underwater in next one year.

75%

Probability that Zedge stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ZDGE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Zedge was unfortunately bought at previous high price.

Drawdowns

Returns for ZDGE

Cumulative Returns on ZDGE

-6.2%

5-Year Cumulative Returns

9.7%

3-Year Cumulative Returns

What are the long-term rolling returns for ZDGE?

FIve years rolling returns for Zedge.

Annualized Returns

Which funds bought or sold ZDGE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-01-13	Merit Financial Group, LLC	new	-	112,376	112,376	-%
2022-11-22	B. Riley Wealth Advisors, Inc.	added	8.77	-17,000	138,000	-%
2022-11-16	BNP PARIBAS ARBITRAGE, SA	sold off	-100	-11,845	-	-%
2022-11-16	CAPTRUST FINANCIAL ADVISORS	sold off	-100	-	-	-%
2022-11-15	KAHN BROTHERS GROUP INC	reduced	-0.09	-63,406	286,963	0.04%
2022-11-15	STATE STREET CORP	unchanged	-	-19,000	84,000	-%
2022-11-15	JANE STREET GROUP, LLC	sold off	-100	-31,000	-	-%
2022-11-15	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
2022-11-15	HARBOUR INVESTMENTS, INC.	unchanged	-	-	-	-%
2022-11-14	BlackRock Inc.	reduced	-1.34	-40,000	172,000	-%

Latest Funds Activity

Are funds buying ZDGE calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own ZDGE

No. of Funds

Zedge News

Schedule 13G FIlings of Zedge

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2022	old west investment management, llc	3.29%	455,358	SC 13G/A
Feb 16, 2021	old west investment management, llc	10.67%	1,279,742	SC 13G/A
Feb 11, 2020	old west investment management, llc	14.6%	1,444,708	SC 13G/A

ZDGE Fair Value

Recent SEC filings of Zedge

View All Filings

Date Filed	Form Type	Document
Jan 23, 2023	8-K	Current Report
Jan 05, 2023	4	Insider Trading
Jan 05, 2023	4	Insider Trading
Jan 05, 2023	4	Insider Trading
Jan 05, 2023	4	Insider Trading
Dec 15, 2022	10-Q	Quarterly Report
Dec 13, 2022	8-K	Current Report
Dec 01, 2022	8-K	Current Report
Nov 30, 2022	4	Insider Trading
Nov 28, 2022	DEF 14A	DEF 14A

Latest Insider Trading transactions for ZDGE

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-01-05	GHERMEZIAN MARK	acquired	29,999.7	2.05	14,634	-
2023-01-05	PACKER PAUL	acquired	29,999.7	2.05	14,634	-
2023-01-05	GIBBER ELLIOT	acquired	29,999.7	2.05	14,634	-
2023-01-05	SUESS GREGORY	acquired	29,999.7	2.05	14,634	-
2022-09-07	JONAS MICHAEL C	acquired	-	-	2,175	executive chairman
2022-09-07	Tsai Yi	sold (taxes)	-2,038.56	2.74	-744	cfo & treasurer
2022-09-07	Tsai Yi	acquired	-	-	1,800	cfo & treasurer
2022-09-07	REICH JONATHAN	acquired	-	-	4,350	ceo & president
2022-08-17	JONAS HOWARD S	gifted	-	-	-22,898	-
2022-08-17	JONAS HOWARD S	gifted	-	-	2,669	-

About Zedge

Jonathan Reich

N/A

Zedge, Inc. operates a digital publishing and content platform worldwide. Its platform enables consumers to personalize their mobile devices with ringtones, home screen app icons, wallpapers, widgets, and notification sounds. The company was incorporated in 2008 and is based in New York, New York.

ZDGE Income Statement

2022-10-31

Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
Income Statement [Abstract]
Revenues, net	$ 6,900	$ 6,028
Costs and expenses:
Direct cost of revenues (excluding amortization of capitalized software and technology development costs which is included below)	632	310
Selling, general and administrative	5,826	2,732
Depreciation and amortization	793	398
Change in fair value of contingent consideration	(150)
(Loss) income from operations	(201)	2,588
Interest and other income, net	35	13
Net loss resulting from foreign exchange transactions	(76)	(10)
(Loss) income before income taxes	(242)	2,591
(Benefit from) provision for income taxes	(73)	536
Net (Loss) Income	(169)	2,055
Other comprehensive (loss) income:
Changes in foreign currency translation adjustment	(259)	142
Total other comprehensive (loss) income	(259)	142
Total comprehensive (loss) income	$ (428)	$ 2,197
(Loss) income per share attributable to Zedge, Inc. common stockholders:
Basic (in Dollars per share)	$ (0.01)	$ 0.14
Diluted (in Dollars per share)	$ (0.01)	$ 0.14
Weighted-average number of shares used in calculation of (loss) income per share:
Basic (in Shares)	14,330	14,281
Diluted (in Shares)	14,330	15,031

ZDGE Balance Sheet

2022-10-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2022	Jul. 31, 2022
Current assets:
Cash and cash equivalents	$ 18,419	$ 17,085
Trade accounts receivable	2,481	2,411
Prepaid expenses and other receivables	601	396
Total current assets	21,501	19,892
Property and equipment, net	1,789	1,660
Intangible assets, net	20,446	21,025
Goodwill	10,646	10,788
Deferred tax assets, net	861	861
Other assets	353	400
Total assets	55,596	54,626
Current liabilities:
Trade accounts payable	1,377	1,180
Deferred acquisition payment payable		962
Contingent consideration-current portion	17	215
Accrued expenses and other current liabilities	3,300	2,898
Deferred revenues	3,084	3,402
Total current liabilities	7,778	8,657
Term Loan, net of deferred financing costs	1,982
Contingent consideration-long term portion	1,776	1,728
Other liabilities	20	53
Total liabilities	11,556	10,438
Commitments and contingencies (Note 10)
Stockholders’ equity:
Preferred stock, $.01 par value; authorized shares—2,400; no shares issued and outstanding
Class A common stock, $.01 par value; authorized shares—2,600; 525 shares issued and outstanding at October 31, 2022 and July 31, 2022	5	5
Class B common stock, $.01 par value; authorized shares—40,000; 13,981 shares issued and 13,777 shares outstanding at October 31, 2022, and 13,951 shares issued and 13,877 outstanding at July 31, 2022	140	139
Additional paid-in capital	44,198	43,609
Accumulated other comprehensive loss	(1,650)	(1,391)
Retained earnings	1,991	2,160
Treasury stock, 204 shares at October 31, 2022 and 74 shares at July 31, 2022, at cost	(644)	(334)
Total stockholders’ equity	44,040	44,188
Total liabilities and stockholders’ equity	$ 55,596	$ 54,626