Subscription revenue increased 26% year-over-year in Q4 and 30% in fiscal 2026
ARPMAU¹ increased 31% to $0.121; active subscriptions¹ grew 35% to approximately 1.3 million
Full-year Free Cash Flow² increased 47% to $4.2 million
NEW YORK CITY, NY / ACCESS Newswire / October 26, 2026 / Zedge, Inc. (NYSE AMERICAN:ZDGE), $ZDGE, a company that builds and operates creator communities serving 20 million monthly active users, today announced its financial results for the fourth quarter and fiscal year ended July 31, 2026.
Jonathan Reich, President and COO, commented:
“Fiscal year 2026 was a strong recovery year for Zedge. Our relentless focus on monetization improvement drove solid revenue gains, especially within our subscription offerings, where revenue grew nearly 30%. Overall revenue increased approximately 8%, despite a marked decline at Emojipedia that reduced our consolidated revenue growth by approximately 300 basis points. Combined with the benefits of our FY2025 restructuring, these improvements contributed to significant growth in non-GAAP EPS2, adjusted EBITDA2 and free cash flow. Our stronger cash generation enabled us to return approximately $2.7 million to stockholders through share repurchases3 and quarterly dividends, the latter of which we initiated during the year and subsequently increased by 25%, all while still adding cash to our balance sheet.
“From a product standpoint, the major story was establishing DataSeeds.AI as a commercial business, securing repeat orders from new and existing customers, including our first six-figure order, and putting the people and infrastructure in place to support larger and more complex projects. That progress excited Howard Jonas about the opportunity, so much so that he led a $7.7 million insider investment in Zedge in September to accelerate DataSeeds’ growth. In light of the investment, Howard is taking a more active role in helping us accelerate, scale and unlock this business’s potential. The Company also hired Morris Berger, who has a long and successful track record, as our CEO earlier this month.
Morris Berger, Chief Executive Officer, added:
“DataSeeds has the ingredients to become a meaningful growth business for Zedge. It combines established creator communities, content assets and experience operating consumer applications with purpose-built data collection technology and the DataSeeds Production Cloud. These capabilities allow us to produce rights-cleared, multimodal datasets tailored to complex customer requirements. The business has already established commercial traction through repeat orders, growing order sizes and the potential to expand into new products and services, evidenced by our initial model-evaluation engagement. We see room to build on that foundation across training data, model evaluation, annotation and data enrichment, and specialized datasets for physical AI and robotics.”
Fourth Quarter Highlights (fiscal 2026 versus fiscal 2025)
- Revenue increased 4.0% to $7.8 million;
- Subscription revenue increased 25.6% to $1.8 million;
- GAAP operating income of $0.3 million, compared to a ($0.7) million loss;
- GAAP net income and diluted EPS of $0.4 million and $0.03, compared to a net loss of ($0.6) million and a loss per share of ($0.04), respectively;
- Non-GAAP net income² and diluted Non-GAAP EPS of $0.5 million and $0.04, compared to $0.1 million and $0.00, respectively;
- Free cash flow increased 220.3% to $1.6 million, compared to $0.5 million;
- Adjusted EBITDA increased 75.6% to $0.5 million, compared to $0.3 million;
- ARPMAU increased 30.5% to $0.121;
- Zedge Premium GTV¹ increased 1.9%;
- Active subscriptions increased 35.3% to approximately 1.3 million;
- Deferred revenue increased 13.4% to $6.1 million;
- Cash and cash equivalents were $20.3 million as of July 31, 2026;
- Paid a quarterly dividend of $0.02 per share.
Full-Year Fiscal 2026 Highlights (versus fiscal 2025)
- Revenue increased 7.6% to $31.6 million;
- Subscription revenue increased 29.5% to $6.6 million;
- GAAP operating loss narrowed to ($0.6) million from ($3.2) million;
- GAAP net loss and diluted EPS narrowed to ($0.1) million and ($0.02) compared to ($2.4) million and ($0.17), respectively;
- Non-GAAP net income and diluted Non-GAAP EPS of $3.1 million and $0.24, compared to $0.7 million and $0.05, respectively;
- Free cash flow increased 46.6% to $4.2 million, compared to $2.9 million;
- Adjusted EBITDA increased 134.2% to $4.1 million, compared to $1.8 million;
- Repurchased 686,477 shares.
Fourth Quarter and Full-Year Select Financial Metrics: FY26 versus FY25*
|
($ in millions except per-share amounts)
|
Q4 FY26 | Q4 FY25 | Change | FY26 | FY25 | Change | ||||||||||||||||||
|
Total Revenue
|
$ | 7.8 | $ | 7.5 | +4.0 | % | $ | 31.6 | $ | 29.4 | +7.6 | % | ||||||||||||
|
Advertising Revenue
|
$ | 5.1 | $ | 5.2 | -1.9 | % | $ | 21.2 | $ | 20.3 | +4.1 | % | ||||||||||||
|
Digital Goods and Services Revenue
|
$ | 0.4 | $ | 0.5 | -2.2 | % | $ | 2.0 | $ | 2.2 | -10.2 | % | ||||||||||||
|
Subscription Revenue
|
$ | 1.8 | $ | 1.4 | +25.6 | % | $ | 6.6 | $ | 5.1 | +29.5 | % | ||||||||||||
|
Other Revenue
|
$ | 0.5 | $ | 0.4 | +11.6 | % | $ | 1.9 | $ | 1.8 | +6.5 | % | ||||||||||||
|
GAAP Operating Income (Loss)
|
$ | 0.3 | $ | (0.7 | ) | nm | $ | (0.6 | ) | $ | (3.2 | ) | +80.0 | % | ||||||||||
|
Operating Margin
|
3.3 | % | -9.6 | % | -2.0 | % | -11.0 | % | ||||||||||||||||
|
GAAP Net Income (Loss)
|
$ | 0.4 | $ | (0.6 | ) | nm | $ | (0.1 | ) | $ | (2.4 | ) | 94.5 | % | ||||||||||
|
GAAP Diluted EPS (Loss per share)
|
$ | 0.03 | $ | (0.04 | ) | nm | $ | (0.02 | ) | $ | (0.17 | ) | +88.2 | % | ||||||||||
|
Non-GAAP Net Income
|
$ | 0.5 | $ | 0.1 | nm | $ | 3.1 | $ | 0.7 | +357.0 | % | |||||||||||||
|
Non- GAAP Diluted EPS
|
$ | 0.04 | $ | 0.00 | nm | $ | 0.24 | $ | 0.05 | +383.1 | % | |||||||||||||
|
Cash Flow from Operations
|
$ | 1.7 | $ | 0.7 | +145.0 | % | $ | 4.6 | $ | 3.4 | +33.1 | % | ||||||||||||
|
Free Cash Flow
|
$ | 1.6 | $ | 0.5 | +220.3 | % | $ | 4.2 | $ | 2.9 | +46.6 | % | ||||||||||||
|
Adjusted EBITDA
|
$ | 0.5 | $ | 0.3 | +75.6 | % | $ | 4.1 | $ | 1.8 | +134.2 | % | ||||||||||||
|
Shares Repurchased
|
0.36 | 0.64 | -44.2 | % | 0.69 | 1.32 | -48.1 | % | ||||||||||||||||
nm = not measurable/meaningful
*percentages are based off of actuals versus the rounded numbers in the table; FY2026 amounts are preliminary and subject to audit completion
Select Zedge Marketplace Metrics: Q4 FY26 versus Q4 FY25*
|
(in MM except for ARPMAU and where noted)
|
Q4 FY26 | Q4 FY25 | Change | |||||||||
|
MAU
|
19.3 | 23.2 | -16.8 | % | ||||||||
|
Well-developed markets (millions)
|
4.2 | 5.4 | -22.2 | % | ||||||||
|
Emerging markets (millions)
|
15.1 | 17.8 | -15.2 | % | ||||||||
|
Active subscriptions (in 000s)
|
1,332 | 984 | +35.3 | % | ||||||||
|
ARPMAU
|
$ | 0.121 | $ | 0.093 | +30.5 | % | ||||||
|
Zedge Premium GTV
|
$ | 0.65 | $ | 0.64 | +1.9 | % | ||||||
*percentages are based off of actuals versus the rounded numbers in the table
Non-GAAP and Supplemental Metrics
1 We use the following supplemental business metrics in this release because we believe they are useful in evaluating Zedge’s operational performance (Please see our 10-K for full explanation of the supplemental business metrics):
Monthly active users, or MAU, captures the number of unique users that used our Zedge App during the final 30 days of the relevant period. It is useful for evaluating consumer engagement with our App, which correlates to advertising revenue as more users drive more ad impressions.
Zedge Premium Gross Transaction Value, or GTV, is the total dollar amount of transactions conducted through Zedge Premium. As Zedge Premium is an internal focus for growth, we believe this metric will help investors evaluate our progress in growing this part of our business.
Average Revenue Per Monthly Active User for our Zedge Marketplace, or ARPMAU, is useful in evaluating how well we monetize our user base.
An Active Subscription is a subscription that has commenced and not been canceled, including paused subscriptions and subscriptions in free trials, grace periods, or account hold. This is important because it is a source of recurring revenue.
2 Throughout this release, Non-GAAP Net Income, Non-GAAP EPS, Free Cash Flow (FCF) and Adjusted EBITDA are non-GAAP financial measures intended to provide useful information that supplements Zedge’s results in accordance with GAAP. Please refer to the Reconciliation of Non-GAAP Financial Measures at the end of this release for an explanation of Zedge’s formulations of Non-GAAP Net Income, Non-GAAP EPS, Free Cash Flow and Adjusted EBITDA and reconciliations to the most directly comparable GAAP measures.
3 The share repurchase was suspended in Q1 FY27 in light of the September capital raise.
Earnings Announcement and Supplemental Information
Management will host an earnings conference call this afternoon, October 26 at 4:30 p.m. Eastern to discuss its earnings results, outlook, and strategy, followed by a Q&A session with investors.
Live Call-in Info:
Toll Free: 888-506-0062
International: 973-528-0011
Participant Access Code: 465347
Webcast URL: https://www.webcaster5.com/Webcast/Page/2205/54612
Replay:
Toll Free: 877-481-4010
International: 919-882-2331
Replay Passcode: 54612
About Zedge
Zedge builds and operates creator communities that serve 20 million monthly active users across its platforms. Zedge Marketplace, its flagship platform, is a leading marketplace for mobile personalization content and a core profit and cash flow generator. DataSeeds.AI is Zedge’s B2B AI data business, providing managed, multimodal data creation and related services for AI developers and enterprises. DataSeeds draws on Zedge’s proprietary creator communities, including Zedge Marketplace contributors and the GuruShots photography community, as well as broader crowdsourcing and a network of production partners to deliver rights-cleared data built to customer specifications.
For more information, visit: investor.zedge.net
Follow us on X: @Zedge
Follow us on LinkedIn
Forward-Looking Statements
All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks and should be consulted along with this release. To the extent permitted under applicable law, we assume no obligation to update any forward-looking statements.
Contact:
Brian Siegel, IRC, MBA
Senior Managing Director
Hayden IR
(346) 396-8696
brian@haydenir.com
ir@zedge.net
CONDENSED CONSOLIDATED BALANCESHEETS
(in thousands, except par value data)
(audited)
|
July 31,
|
2026 | 2025 | ||||||
|
Assets
|
||||||||
|
Current assets:
|
||||||||
|
Cash and cash equivalents
|
$ | 20,335 | $ | 18,609 | ||||
|
Trade accounts receivable
|
3,371 | 3,164 | ||||||
|
Prepaid expenses and other current assets
|
440 | 671 | ||||||
|
Total Current assets
|
24,146 | 22,444 | ||||||
|
Property and equipment, net
|
1,159 | 1,290 | ||||||
|
Intangible assets, net
|
1,002 | 4,922 | ||||||
|
Goodwill
|
2,093 | 1,931 | ||||||
|
Deferred tax assets, net
|
5,126 | 4,823 | ||||||
|
Other assets
|
393 | 244 | ||||||
|
Total assets
|
$ | 33,919 | $ | 35,654 | ||||
|
Liabilities and stockholders’ equity
|
||||||||
|
Current liabilities:
|
||||||||
|
Trade accounts payable
|
$ | 1,268 | $ | 1,471 | ||||
|
Accrued expenses and other current liabilities
|
2,425 | 2,867 | ||||||
|
Deferred revenues
|
4,201 | 3,425 | ||||||
|
Total Current liabilities
|
7,894 | 7,763 | ||||||
|
Deferred revenues–non-current
|
1,878 | 1,937 | ||||||
|
Other liabilities
|
126 | 53 | ||||||
|
Total liabilities
|
9,898 | 9,753 | ||||||
|
Commitments and contingencies (Note 9)
|
||||||||
|
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 July 31, 2026 and 2025
|
5 | 5 | ||||||
|
Class B common stock, $.01 par value; authorized shares-40,000; and 15,472 shares issued, and 12,400 outstanding at July 31, 2026 and 15,073 shares issued and 12,692 shares outstanding at July 31, 2025.
|
155 | 151 | ||||||
|
Additional paid-in capital
|
49,913 | 49,768 | ||||||
|
Accumulated other comprehensive loss
|
(1,180 | ) | (1,509 | ) | ||||
|
Accumulated deficit
|
(15,636 | ) | (15,505 | ) | ||||
|
Treasury stock, 3,072 shares at July 31, 2026 and 2,381shares at July 31, 2025, at cost
|
(9,236 | ) | (7,009 | ) | ||||
|
Total stockholders’ equity
|
24,021 | 25,901 | ||||||
|
Total liabilities and stockholders’ equity
|
$ | 33,919 | $ | 35,654 | ||||
ZEDGE, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(in thousands, except per share data)
(audited)
| Three Months Ended | Years Ended | |||||||||||||||
| July 31, | July 31, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
|
Revenues
|
$ | 7,770 | $ | 7,468 | $ | 31,626 | $ | 29,398 | ||||||||
|
Costs and expenses:
|
||||||||||||||||
|
Direct cost of revenues (excluding amortization of capitalized software and technology development costs which is included below)
|
578 | 481 | 2,229 | 1,841 | ||||||||||||
|
Selling, general and administrative
|
6,763 | 6,909 | 25,611 | 27,187 | ||||||||||||
|
Depreciation and amortization
|
171 | 225 | 707 | 1,149 | ||||||||||||
|
Impairment of intangible assets
|
– | – | 3,570 | – | ||||||||||||
|
Impairment of capitalized software and technology development costs
|
– | – | 145 | 827 | ||||||||||||
|
Restructuring charges
|
– | 547 | – | 1,605 | ||||||||||||
|
Loss on disposal of property and equipment
|
– | 21 | – | 21 | ||||||||||||
|
Income (loss) from operations
|
258 | (715 | ) | (636 | ) | (3,232 | ) | |||||||||
|
Interest and other income, net
|
139 | 160 | 542 | 666 | ||||||||||||
|
Net income (loss) resulting from foreign exchange transactions
|
39 | (10 | ) | (172 | ) | (151 | ) | |||||||||
|
Income (loss) before income taxes
|
436 | (565 | ) | (266 | ) | (2,717 | ) | |||||||||
|
Income tax benefit
|
(8 | ) | (6 | ) | (135 | ) | (325 | ) | ||||||||
|
Net income (loss)
|
$ | 444 | $ | (559 | ) | $ | (131 | ) | $ | (2,392 | ) | |||||
|
Other comprehensive income (loss):
|
||||||||||||||||
|
Changes in foreign currency translation adjustment
|
(123 | ) | 36 | 329 | 323 | |||||||||||
|
Total other comprehensive income (loss)
|
(123 | ) | 36 | 329 | 323 | |||||||||||
|
Total comprehensive income (loss)
|
$ | 321 | $ | (523 | ) | $ | 198 | $ | (2,069 | ) | ||||||
|
Income (loss) per share attributable to Zedge, Inc. common stockholders:
|
||||||||||||||||
|
Basic
|
$ | 0.03 | $ | (0.04 | ) | $ | (0.01 | ) | $ | (0.17 | ) | |||||
|
Diluted
|
$ | 0.03 | $ | (0.04 | ) | $ | (0.01 | ) | $ | (0.17 | ) | |||||
|
Weighted-average number of shares used in calculation of loss per share:
|
||||||||||||||||
|
Basic
|
12,995 | 13,441 | 12,993 | 13,736 | ||||||||||||
|
Diluted
|
13,184 | 13,441 | 12,993 | 13,736 | ||||||||||||
ZEDGE, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
(audited)
|
Year ended July 31,
|
2026 | 2025 | ||||||
|
|
||||||||
|
Operating activities
|
||||||||
|
Net loss
|
$ | (131 | ) | $ | (2,392 | ) | ||
|
Adjustments to reconcile net loss to net cash provided by operating activities:
|
||||||||
|
Depreciation
|
58 | 63 | ||||||
|
Amortization of intangible assets
|
349 | 447 | ||||||
|
Amortization of capitalized software and technology development costs
|
299 | 639 | ||||||
|
Loss on disposal of property and equipment
|
– | 21 | ||||||
|
Stock-based compensation
|
530 | 1,445 | ||||||
|
Impairment charge of capitalized software and technology development costs
|
145 | 827 | ||||||
|
Impairment charge of ROU asset
|
– | 140 | ||||||
|
Impairment charge of intangible assets
|
3,570 | – | ||||||
|
Deferred income taxes
|
(303 | ) | (479 | ) | ||||
|
Change in assets and liabilities:
|
||||||||
|
Trade accounts receivable
|
(207 | ) | 242 | |||||
|
Prepaid expenses and other current assets
|
231 | (78 | ) | |||||
|
Other assets
|
(75 | ) | (94 | ) | ||||
|
Trade accounts payable and accrued expenses
|
(628 | ) | 378 | |||||
|
Deferred revenues
|
717 | 2,263 | ||||||
|
Net cash provided by operating activities
|
4,555 | 3,422 | ||||||
|
Investing activities
|
||||||||
|
Capitalized software and technology development costs
|
(317 | ) | (466 | ) | ||||
|
Purchase of property and equipment
|
(27 | ) | (83 | ) | ||||
|
Net cash used in investing activities
|
(344 | ) | (549 | ) | ||||
|
Financing activities
|
||||||||
|
Purchase of treasury stock in connection with share buyback program and stock awards vesting
|
(1,913 | ) | (4,433 | ) | ||||
|
Payment of cash dividends
|
(940 | ) | – | |||||
|
Proceeds from exercise of stock options
|
245 | 62 | ||||||
|
Net cash used in financing activities
|
(2,608 | ) | (4,371 | ) | ||||
|
Effect of exchange rate changes on cash and cash equivalents
|
123 | 109 | ||||||
|
Net increase (decrease) in cash and cash equivalents
|
1,726 | (1,389 | ) | |||||
|
Cash and cash equivalents at beginning of period
|
18,609 | 19,998 | ||||||
|
Cash and cash equivalents at end of period
|
$ | 20,335 | $ | 18,609 | ||||
|
|
||||||||
|
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
|
||||||||
|
Cash payments made for income taxes
|
$ | 198 | $ | 220 | ||||
|
|
||||||||
|
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES
|
||||||||
|
ROU assets obtained in exchange for lease liabilities
|
$ | 286 | $ | 111 | ||||
|
Exercise price of stock options settled through net share exercise
|
$ | 314 | $ | – | ||||
Use of Non-GAAP Measures and Key Performance Indicators (KPI)
Adjusted EBITDA, defined as earnings (loss) before interest, taxes, depreciation and amortization, stock compensation expense, transaction-related expenses and other non-recurring expenses, Free Cash Flow, a common metric used by investors for valuation, and non-GAAP net income (loss) and EPS (or loss per share) (which adjust out stock compensation expense, transaction-related expenses and other non-recurring expenses from GAAP net income (loss) and EPS (loss per share)), represent measures that we believe are customarily used by investors and analysts to evaluate the financial performance of companies in addition to the GAAP measures we present. Our management also believes these measures are useful in evaluating our core operating results. However, these are not measures of financial performance under GAAP and should not be considered an alternative to net income or operating income/margin as an indicator of our operating performance or to net cash provided by operating activities as a measure of our liquidity. Numbers in the following reconciliation tables may not add due to rounding.
|
Reconciliation of Adjusted EBITDA to Net Income (Loss)
|
Q125 | Q225 | Q325 | Q425 | Q126 | Q226 | Q326 | Q426 | FY24 | FY25 | FY26 | |||||||||||||||||||||||
|
Net Income (Loss)
|
$ | (0.3 | ) | $ | (1.7 | ) | $ | 0.2 | $ | (0.6 | ) | $ | 0.8 | $ | (2.3 | ) | $ | 0.9 | $ | 0.4 | $ | (9.2 | ) | $ | (2.4 | ) | $ | (0.1 | ) | |||||
|
Excluding:
|
||||||||||||||||||||||||||||||||||
|
Interest and other income (expense), net
|
$ | (0.2 | ) | $ | (0.2 | ) | $ | (0.2 | ) | $ | (0.2 | ) | $ | (0.2 | ) | $ | (0.1 | ) | $ | (0.1 | ) | $ | (0.1 | ) | $ | (0.6 | ) | $ | (0.7 | ) | $ | (0.6 | ) | |
|
Income tax expense (benefit)
|
$ | 0.0 | $ | (0.5 | ) | $ | 0.1 | $ | (0.0 | ) | $ | 0.2 | $ | (0.6 | ) | $ | 0.3 | $ | (0.0 | ) | $ | (2.2 | ) | $ | (0.3 | ) | $ | (0.1 | ) | |||||
|
Depreciation and amortization
|
$ | 0.4 | $ | 0.3 | $ | 0.2 | $ | 0.2 | $ | 0.2 | $ | 0.2 | $ | 0.1 | $ | 0.2 | $ | 2.5 | $ | 1.1 | $ | 0.7 | ||||||||||||
|
EBITDA
|
$ | (0.1 | ) | $ | (2.0 | ) | $ | 0.3 | $ | (0.5 | ) | $ | 1.1 | $ | (2.8 | ) | $ | 1.2 | $ | 0.5 | $ | (9.5 | ) | $ | (2.2 | ) | $ | (0.1 | ) | |||||
|
Adjustments:
|
||||||||||||||||||||||||||||||||||
|
Asset impairments and restructuring charges
|
$ | 0.0 | $ | 1.3 | $ | 0.6 | $ | 0.6 | $ | 0.0 | $ | 3.7 | $ | 0.0 | $ | 0.0 | $ | 12.0 | $ | 2.5 | $ | 3.7 | ||||||||||||
|
Stock-based compensation
|
$ | 0.4 | $ | 0.6 | $ | 0.3 | $ | 0.1 | $ | 0.1 | $ | 0.3 | $ | 0.1 | $ | 0.1 | $ | 2.1 | $ | 1.4 | $ | 0.5 | ||||||||||||
|
Expenses related to restructuring activities and business combination
|
$ | 0.0 | $ | 0.0 | $ | 0.0 | $ | 0.1 | $ | 0.0 | $ | 0.0 | $ | 0.0 | $ | 0.0 | $ | 0.2 | $ | 0.1 | $ | 0.0 | ||||||||||||
|
Adjusted EBITDA
|
$ | 0.3 | $ | (0.1 | ) | $ | 1.2 | $ | 0.3 | $ | 1.2 | $ | 1.1 | $ | 1.3 | $ | 0.5 | $ | 4.7 | $ | 1.8 | $ | 4.1 | |||||||||||
*numbers may not add due to rounding
|
Reconciliation of GAAP Net Income (Loss) to Non-GAAP Net Income
|
Q125 | Q225 | Q325 | Q425 | Q126 | Q226 | Q326 | Q426 | FY24 | FY25 | FY26 | |||||||||||||||||||||||
|
GAAP Net Income (Loss)
|
$ | (0.3 | ) | $ | (1.7 | ) | $ | 0.2 | $ | (0.6 | ) | $ | 0.8 | $ | (2.3 | ) | $ | 0.9 | $ | 0.4 | $ | (9.2 | ) | $ | (2.4 | ) | $ | (0.1 | ) | |||||
|
Adjustments:
|
||||||||||||||||||||||||||||||||||
|
Asset impairments and restructuring charges
|
$ | 0.0 | $ | 1.3 | $ | 0.6 | $ | 0.6 | $ | 0.0 | $ | 3.7 | $ | 0.0 | $ | 0.0 | $ | 12.0 | $ | 2.5 | $ | 3.7 | ||||||||||||
|
Stock-based compensation
|
$ | 0.4 | $ | 0.6 | $ | 0.3 | $ | 0.1 | $ | 0.1 | $ | 0.3 | $ | 0.1 | $ | 0.1 | $ | 2.1 | $ | 1.4 | $ | 0.5 | ||||||||||||
|
Expenses related to restructuring activities and business combination
|
$ | 0.0 | $ | 0.0 | $ | 0.0 | $ | 0.1 | $ | 0.0 | $ | 0.0 | $ | 0.0 | $ | 0.0 | $ | 0.2 | $ | 0.1 | $ | 0.0 | ||||||||||||
|
Income tax effect on non-GAAP items
|
$ | (0.1 | ) | $ | (0.4 | ) | $ | (0.2 | ) | $ | (0.2 | ) | $ | (0.0 | ) | $ | (0.9 | ) | $ | (0.0 | ) | $ | (0.0 | ) | $ | (3.3 | ) | $ | (0.9 | ) | $ | (1.0 | ) | |
|
Non-GAAP Net Income (Loss)
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$ | (0.0 | ) | $ | (0.2 | ) | $ | 0.9 | $ | 0.1 | $ | 0.9 | $ | 0.8 | $ | 1.0 | $ | 0.5 | $ | 1.8 | $ | 0.7 | $ | 3.1 | ||||||||||
|
Non-GAAP basic EPS (loss per share)
|
$ | (0.00 | ) | $ | (0.01 | ) | $ | 0.06 | $ | 0.00 | $ | 0.07 | $ | 0.06 | $ | 0.08 | $ | 0.04 | $ | 0.13 | $ | 0.05 | $ | 0.24 | ||||||||||
|
Non-GAAP diluted EPS (loss per share)
|
$ | (0.00 | ) | $ | (0.01 | ) | $ | 0.06 | $ | 0.00 | $ | 0.07 | $ | 0.06 | $ | 0.07 | $ | 0.04 | $ | 0.13 | $ | 0.05 | $ | 0.24 | ||||||||||
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Weighted average shares used to compute Non-GAAP basic earnings per share
|
14.1 | 13.9 | 13.7 | 13.4 | 13.0 | 13.0 | 13.0 | 13.0 | 14.1 | 13.7 | 13.0 | |||||||||||||||||||||||
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Weighted average shares used to compute Non-GAAP diluted earnings per share
|
14.1 | 13.9 | 13.9 | 13.4 | 13.3 | 13.0 | 13.3 | 13.2 | 14.1 | 13.7 | 13.0 | |||||||||||||||||||||||
*numbers may not add due to rounding
|
Free Cash Flow Calculation
|
Q125 | Q225 | Q325 | Q425 | Q126 | Q226 | Q326 | Q426 | FY24 | FY25 | FY26 | |||||||||||||||||||||||
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Cash Flow from Operations
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$ | 1.2 | $ | 0.7 | $ | 0.9 | $ | 0.7 | $ | 0.8 | $ | 0.9 | $ | 1.2 | $ | 1.7 | $ | 5.9 | $ | 3.4 | $ | 4.6 | ||||||||||||
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Capital Expenditures
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$ | 0.2 | $ | 0.1 | $ | 0.1 | $ | 0.2 | $ | 0.2 | $ | 0.1 | $ | 0.0 | $ | 0.0 | $ | 1.2 | $ | 0.5 | $ | 0.3 | ||||||||||||
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Free Cash Flow
|
$ | 1.0 | $ | 0.6 | $ | 0.8 | $ | 0.5 | $ | 0.6 | $ | 0.8 | $ | 1.2 | $ | 1.6 | $ | 4.7 | $ | 2.9 | $ | 4.2 | ||||||||||||
SOURCE: Zedge, Inc.
View the original press release on ACCESS Newswire
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