Q3 2025 Zedge Inc Earnings Call Transcript
Key Points
- Zedge Inc (ZDGE) returned to revenue growth in Q3 2025, with a 1.3% increase to $7.8 million.
- The company achieved a 46% year-over-year increase in adjusted EBITDA, reaching $1.2 million.
- Zedge Plus subscriber base grew to nearly 900,000, marking a 37% year-over-year increase.
- Zedge Premium revenue more than doubled, driven by expanded offerings and increased usage of AI-generated content.
- The company ended the quarter with a strong balance sheet, holding $20.4 million in cash and no debt.
- GuruShots revenue declined by 45% year-over-year due to reduced user acquisition spending.
- Monthly active users (MAU) decreased year-over-year, although the focus shifted to higher lifetime value users.
- The advertising market faced disruptions due to TikTok's absence in the US for part of the quarter.
- Restructuring charges amounted to $0.6 million, impacting financial results.
- The company anticipates continued cash outflows related to restructuring and retention bonuses in the near term.
Good day and welcome to Zedge's earnings conference call for the third quarter fiscal 2025 results. (Operator Instructions) I will now turn the call over to Brian Siegal.
Thank you, operator. During today's call, Jonathan Reich, Zedge's Chief Executive Officer; and Yi Tsai Chief Financial Officer, will discuss Zedge's financial and operational results that were reported today. Any forward-looking statements made during this conference call during the prepared marks or in the question and answer session, whether general or specific in nature are subject to risk and uncertainties that may cause actual results in the future to differ materially from those discussed on today's calls.
These risks and uncertainties include but are not limited to specific risks and uncertainty disclosed in Zedge's periodic SEC filings. Zedge assumes no obligation to update any forward-looking statements or to update the factors that may cause actual results to differ materially from those that they forecast. Please note that
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