Zedge Reports Q4 and FY25 Earnings: Sales Down, Net Loss Increases

Zedge, Inc. reported Q4 sales of $7.47mln, down from $7.58mln YoY, and a net loss of $559,000, up from $39,000 YoY. For FY22, sales were $29.4mln, down from $30.09mln YoY, and the net loss was $2.39mln, compared to a net loss of $9.17mln YoY. Basic and diluted loss per share from continuing operations was $0.04 and $0.17, respectively.