Zedge, INC

Market Movers (8-K)

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Zedge, Inc. announced the successful completion of a $7.675 million private placement, primarily led by Vice Chairman Howard Jonas, to fund the growth of its AI data business, DataSeeds.AI.
Capital raise
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Zedge, Inc. has entered into a Securities Purchase Agreement to sell Class B common stock and warrants to certain investors, raising approximately $7.675 million.
Capital raise
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Zedge announces Morris Berger as new CEO, effective October 1, 2026, and a $7.5 million investment led by Vice Chairman Howard Jonas to accelerate its DataSeeds.AI strategy.
Capital raise
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Zedge, Inc. presented an investor update on June 17, 2026, emphasizing its strong core business, AI-driven innovation, and undervalued optionality.
Better than expected
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Zedge, Inc. announced robust third quarter fiscal 2026 results, driven by significant subscription revenue growth and increased active subscriptions, alongside a notable milestone for its DataSeeds.AI business.
Better than expected
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Zedge, Inc. announced a 25% increase in its quarterly cash dividend to $0.02 per share, citing strong free cash flow and record financial results.
Better than expected

Quarterly Earnings (10-Q)

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Zedge, Inc. announced a significant increase in net income for the third quarter, driven by subscription growth and reduced operating losses at GuruShots, despite an impairment charge for Emojipedia.
Better than expected
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Zedge reported an 18.3% revenue increase in Q2 2026, driven by its Zedge Marketplace, but faced a significant $3.7 million Emojipedia impairment and ongoing geopolitical instability.
Worse than expected
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Zedge, Inc. reported a significant turnaround to net income in its first fiscal quarter, driven by strong subscription and advertising revenue, despite declining user metrics for its core app and GuruShots, and new AI-related competitive pressures.
Better than expected
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Zedge, Inc. announced a return to quarterly net income and significantly reduced nine-month losses, driven by strong Zedge Marketplace performance and AI-powered features, despite a decline in GuruShots revenue and overall user base.
Better than expected
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Zedge, Inc. reports a decrease in revenue for the second quarter of fiscal year 2025, but sees growth in subscription revenue and implements restructuring efforts to reduce costs.
Worse than expected
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Zedge Inc. experienced a slight revenue increase in the first quarter, driven by subscription growth, despite a decrease in monthly active users and a loss from operations.
Worse than expected

Annual Reports (10-K)

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Zedge, Inc. reported a 2.3% revenue decline to $29.4 million and a net loss of $2.4 million for fiscal year 2025, driven by GuruShots underperformance and shifts in the digital content landscape.
Delay expected
Worse than expected
AMEX
Zedge Inc. released its annual report for fiscal year 2024, highlighting its strategic focus on the creator economy, user engagement, and diversification of revenue streams.
Worse than expected

Insider Trading (Form 4)

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Howard S Jonas, a Director and 10% owner of Zedge, Inc., purchased 4,215,017 shares of common stock on September 25, 2026.
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Jonathan Reich, CEO & President of Zedge, Inc., reported multiple transactions in common stock on September 7, 2026.
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Yi Tsai, CFO & Treasurer of Zedge, Inc., reported multiple transactions in common stock on September 7, 2026.
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Elliot Gibber, a Director of Zedge, Inc., purchased 421,502 shares of common stock on September 11, 2026.
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Michael C Jonas, Executive Chairman, a Director and 10% owner of Zedge, Inc., reported multiple transactions in common stock on September 8, 2026.
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Zedge, Inc. CEO Jonathan Reich exercised stock options, acquiring shares and disposing of others in a cashless transaction.

Proxy Statements (Def-14A)

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Zedge, Inc. announces its 2026 Annual Meeting of Stockholders to elect directors, ratify auditors, and approve an increase of 150,000 shares for its 2016 Stock Option and Incentive Plan.
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Zedge Inc. has released its proxy statement detailing the agenda for its upcoming annual stockholders meeting on January 15, 2025, including the election of directors and a vote on executive compensation.

Schedule 13D - Activist Investments

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Zedge's Executive Chairman, Michael Jonas, increased his beneficial ownership to 15.7% of Class B Common Stock, primarily due to the company's share repurchase program.