![]() ![]() GAAP net loss and loss per share of ($6.1) million and ($0.44), respectively, compared to GAAP net income and EPS of $9.7 million and $0.65, respectively:.Revenue increased 2.6% to $27.2 million.Zedge Premium GTV increased 14.3% to $0.38 million.Last year's results included a non-cash $4.0 million, or $0.27 per share, accounting benefit related to acquisitions.GAAP net income and earnings per share (EPS) of $0.2 million and $0.01, respectively, compared to $4.5 million and $0.31, respectively:. ![]() Revenue decreased 10.0% to $6.6 million.We are now localized in 19 languages, have overhauled the Emojipedia website and upgraded the tech stack that helped drive these improved results.'įinancial (fiscal 2023 compared to fiscal 2022) 'Emojipedia continued its momentum, growing year-over-year revenue by nearly 70% in the quarter and 50% for the full fiscal year. Zedge Premium saw double-digit GTV 1 growth versus last year, driven by the continued expansion of our generative AI wallpaper maker, pAInt. During the fourth quarter, we completed the rollout of our Zedge+ offering on iOS and overhauled the Android version, resulting in higher subscription revenue and ARPMAU 1 versus the third quarter. 'Some highlights included positive momentum in Zedge Marketplace's subscription offerings. However, several underlying metrics stabilized or improved in the fourth quarter despite traditional seasonal weakness. 'Our year-over-year financial results don't reflect these improvements due to being skewed by favorable non-cash accounting adjustments last year and unfavorable ones this year, both related to acquisitions ^. 'Fiscal 2023 was a transition year for Zedge, and despite the geopolitical, macro-economic, and industry-specific challenges we faced, we finished the year in a much stronger position with respect to product, operations and talent,' said Jonathan Reich, chief executive officer. (NYSE AMERICAN:ZDGE), a leader in building digital marketplaces and friendly competitive games around content that people use to express themselves, today announced results for its fourth quarter and full-year fiscal 2023, ended July 31,2023. NEW YORK, NY / ACCESSWIRE / Octo/ Zedge, Inc. ![]()
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