Business UpdateJun 17, 2026, 08:06 AM
Zedge Reports Strong 1H FY26 Financials; Highlights AI Growth
AI Summary
Zedge, Inc. filed an investor presentation highlighting strong financial performance for the first half of fiscal year 2026 and strategic growth initiatives. The company reported a 9% increase in 1H FY26 revenue, with Non-GAAP Net Income of $2.6 million and Adjusted EBITDA of $3.6 million. Zedge emphasized its capital-efficient consumer mobile app publishing model, record ARPMAU, and consistent subscriber growth. The presentation also detailed "unpriced optionality" through its new B2B DataSeeds.AI business for AI training data and its Product Innovation Team developing new apps.
Key Highlights
- 1H FY26 Revenue increased 9% year-over-year compared to 1H FY25.
- 1H FY26 Non-GAAP Net Income reached $2.6 million and Adjusted EBITDA was $3.6 million.
- Q3 FY26 Average Revenue Per Monthly Active User (ARPMAU) hit a record $0.119, up 21% YoY.
- Active subscribers grew to approximately 1.3 million, marking nine consecutive quarters of growth.
- Reported $3.1 million in TTM Free Cash Flow, with $20 million cash and no debt.
- Initiated a quarterly dividend (~3% yield) and re-funded a $2 million share buyback.
- Launched DataSeeds.AI, a new B2B AI training data business, and a Product Innovation Team.
Price Impact
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