Friday 6 November 2026
Export ZDGE’s income statement to Excel — free account
Zedge, Inc.
ZDGE Communication Services Internet Content & Information
Zedge, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $31.6 million, up 7.58% from fiscal 2025.
- Revenue
- +4.04%
- EPS
- +187.5%
- Free cash flow
- +220.3%
Quarter to July 2026, against a year earlier
2.26
0.04
−1.74%
Follow ZDGE
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to July
| Ten-year view | Analyst estimates Powerpack | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | |||||||||||||||||
| Income, $m | Revenue | 10 | 11 | 9 | 9 | 20 | 27 | 27 | 30 | 29 | 32 | +13.6% | 32 | 34 | — | +3.7% | |
| Gross margin, % | 84.38 | 85.99 | 84.36 | 87.38 | 93.90 | 93.82 | 91.77 | 93.82 | 93.74 | 92.95 | +8.6 pt | ||||||
| EBT | (1) | (1) | (3) | (1) | 8 | 12 | (7) | (11) | (3) | 0 | (9.1%) | ||||||
| EBT margin, % | (6.25) | (12.30) | (37.75) | (5.74) | 41.12 | 43.72 | (24.10) | (37.78) | (9.24) | (0.84) | +5.4 pt | ||||||
| Net income | (1) | (2) | (3) | (1) | 8 | 10 | (6) | (9) | (2) | 0 | (15.7%) | ||||||
| Per share, $ | |||||||||||||||||
| Per share, $ | Revenue | 1.06 | 1.11 | 0.87 | 0.85 | 1.49 | 1.87 | 1.93 | 2.14 | 2.14 | 2.43 | +9.7% | |||||
| Earnings | (0.06) | (0.16) | (0.33) | (0.05) | 0.63 | 0.69 | (0.43) | (0.65) | (0.17) | (0.01) | (18.0%) | ||||||
| Cash flow | (0.01) | 0.03 | 0.01 | 0.19 | 0.77 | 0.81 | 0.22 | 0.42 | 0.25 | 0.35 | n/m | ||||||
| Capex | (0.16) | (0.17) | (0.15) | (0.07) | (0.41) | (0.11) | (0.10) | (0.08) | (0.04) | (0.03) | (18.1%) | ||||||
| Free cash flow | (0.17) | (0.14) | (0.14) | 0.12 | 0.36 | 0.70 | 0.12 | 0.33 | 0.21 | 0.32 | n/m | ||||||
| Book value | 1.12 | 1.02 | 0.69 | 0.80 | 2.52 | 3.12 | 2.76 | 2.19 | 1.89 | 1.85 | +5.7% | ||||||
| Shares, m | 9 | 10 | 10 | 11 | 13 | 14 | 14 | 14 | 14 | 13 | +3.6% | ||||||
| Valuation, × | |||||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 27.93 | 4.39 | 0.00 | 0.00 | 0.00 | 0.00 | 3.2 | |||||
| P/S | 1.95 | 2.69 | 1.84 | 1.63 | 10.89 | 1.57 | 1.09 | 1.70 | 1.88 | 1.21 | 2.6 | ||||||
| P/B | 1.84 | 2.94 | 2.33 | 1.74 | 6.43 | 0.94 | 0.76 | 1.65 | 2.13 | 1.60 | 2.2 | ||||||
| EV/Sales | 1.50 | 2.37 | 1.66 | 1.12 | 9.63 | 0.93 | 0.49 | 1.10 | 1.31 | 0.63 | 2.1 | ||||||
| EV/FCF | (9.37) | (18.76) | (10.34) | 7.76 | 40.07 | 2.47 | 7.91 | 7.09 | 13.43 | 4.74 | 4.5 | ||||||
| Cash, $m | |||||||||||||||||
| Cash, $m | Operating cash flow | 0 | 0 | 0 | 2 | 10 | 11 | 3 | 6 | 3 | 5 | n/m | |||||
| Capex | (2) | (2) | (1) | (1) | (5) | (2) | (1) | (1) | (1) | 0 | (15.1%) | ||||||
| Free cash flow | (2) | (1) | (1) | 1 | 5 | 10 | 2 | 5 | 3 | 4 | n/m | ||||||
| Balance, $m | |||||||||||||||||
| Balance, $m | Working capital | 5 | 4 | 1 | 4 | 23 | 11 | 16 | 18 | 15 | 16 | +13.7% | |||||
| Net debt | (5) | (3) | (2) | (5) | (25) | (17) | (16) | (20) | (19) | (20) | +18.0% | ||||||
| Shareholders’ equity | 11 | 10 | 7 | 9 | 33 | 44 | 39 | 31 | 26 | 24 | +9.5% | ||||||
| Returns, % | |||||||||||||||||
| Returns, % | ROA | (4.90) | (12.88) | (32.25) | (5.32) | 33.34 | 21.09 | (12.03) | (21.57) | (6.48) | (0.38) | +4.5 pt | |||||
| ROIC | (7.07) | (12.30) | (33.72) | (6.31) | 58.11 | 27.25 | (19.01) | (67.70) | (27.70) | (10.78) | (3.7) pt | ||||||
| ROE | (5.76) | (15.23) | (39.65) | (7.06) | 39.24 | 25.12 | (14.69) | (26.29) | (8.42) | (0.52) | +5.2 pt | ||||||
| People | |||||||||||||||||
| People | Employees | 64 | 57 | 53 | 39 | 53 | 93 | 94 | 99 | 82 | 82 | +2.8% | |||||
| Revenue/emp, $m | 0.16 | 0.19 | 0.17 | 0.24 | 0.37 | 0.29 | 0.29 | 0.30 | 0.36 | 0.39 | +10.5% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Jul 2026 · latest quarter Jul 2026 · fundamentals updated 2 Nov 2026
Zedge, Inc. vs peers in Internet Content & Information (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PAAI Paradigm AI, Inc. | $39.5M | 4.5× | — (loss-making) | −50.72% (below 0%: shrinking) | n/m | −100.72% (below 0%: shrinking) | 39.07% | 10.28% | Compare |
| SJ Scienjoy Holding Corporation | $37.5M | 4.4× | 13.6× | −6.47% (below 0%: shrinking) | +50.00% (above 0%: growing) | −12.22% (below 0%: shrinking) | 17.75% | 4.00% | Compare |
| ZDGE Zedge, Inc. | $35.7M | — (loss-making) | — (loss-making) | +4.04% (above 0%: growing) | n/m | +220.28% (above 0%: growing) | 92.75% | 3.45% | |
| LVO LiveOne, Inc. | $31.8M | — (loss-making) | — (loss-making) | +0.74% (above 0%: growing) | n/m | +99.29% (above 0%: growing) | 20.36% | (19.00%) | Compare |
| BODI The Beachbody Company, Inc. | $31.3M | 2.5× | 12.0× | −22.41% (below 0%: shrinking) | n/m | −265.34% (below 0%: shrinking) | 72.05% | 3.36% | Compare |
| SEAT Vivid Seats Inc. | $30.8M | — (loss-making) | — (loss-making) | −9.55% (below 0%: shrinking) | n/m | +95.55% (above 0%: growing) | 70.24% | (4.96%) | Compare |
| SOGP Sound Group Inc. - Sponsored ADR | $29.2M | — (loss-making) | — (loss-making) | −24.06% (below 0%: shrinking) | n/m | +90.87% (above 0%: growing) | 25.07% | (33.13%) | Compare |
| CMCM Cheetah Mobile Inc. | $23.5M | — (loss-making) | — (loss-making) | −4.83% (below 0%: shrinking) | n/m | +45.77% (above 0%: growing) | 63.37% | (12.63%) | Compare |
| TEAD Teads Holding Co. | $17.1M | — (loss-making) | — (loss-making) | −17.05% (below 0%: shrinking) | n/m | −83.46% (below 0%: shrinking) | 33.59% | (5.50%) | Compare |
| Median of peers | $31.1M | 4.4× | — | −13.30% | — | +16.78% | 36.33% | (5.23%) |
Pay and ownership Proxy statement filed 26 November 2025
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 596.97k | 635.19k | 26.17 |
| 2024 | 513.81k | 527.59k | 23.57 |
| 2023 | 443.79k | 390.30k | 13.67 |
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Read the proxy statement