ZEC +31.06% in 7 Days Amid Zedge Earnings and Share Buybacks

On OCT 28 2025, ZEC rose by 1.06% within 24 hours to reach $319.04, ZEC rose by 31.06% within 7 days, rose by 329.52% within 1 month, and rose by 467.3% within 1 year.

Zedge, Inc. (NYSE AMERICAN:ZDGE) reported record performance in its fourth quarter and full year fiscal 2025, driven by strong subscription growth and capital allocation initiatives. Active subscriptions reached 984,000, up 47% year-over-year, while subscription revenue grew 21%. Zedge also repurchased 640,000 shares in Q4 and over 1.3 million in the full fiscal year. The company announced its first post-year-end dividend, marking a significant capital return to shareholders. Jonathan Reich, CEO, highlighted the company’s strategic focus on long-term value creation and operational efficiency, despite temporary headwinds in its GuruShots segment.

Zedge’s performance was supported by a growing ARPMAU (Average Revenue Per Monthly Active User) of 17% year-over-year and continued expansion in Zedge+ and Zedge Premium GTV. The company also announced new AI-driven features across its platforms and new product launches such as Tapedeck and Syncat. In parallel, it expanded into enterprise markets with DataSeeds.AI. The CEO emphasized the company’s commitment to innovation and financial discipline, with a strong balance sheet ending fiscal 2025 with approximately $19 million in cash and no debt.

In its earnings call, Zedge provided transparency on its restructuring efforts, which included the closure of operations in Norway and a targeted reduction in GuruShots staff. These initiatives are expected to reduce annualized expenses by approximately $4 million, with associated restructuring costs of $1.5 million in cash and $1 million in non-cash charges. Yi Tsai, CFO, noted the impact of these changes on the company’s non-GAAP financial metrics, including adjusted earnings per share and EBITDA.

Backtest Hypothesis

Following Zedge’s earnings report and the corresponding price action in ZEC, the technical performance aligns with strong bullish momentum, as reflected in its 31.06% increase over the last seven days. A hypothetical backtesting approach to evaluate the behavior of ZEC during similar price surges could provide insight into potential continuation or reversal patterns.

A common approach in backtesting involves identifying instances when ZEC experienced a single-day price increase of 15% or more, followed by a 30-day holding period to evaluate the average outcome. This method allows for an assessment of whether sharp price moves in ZEC are typically followed by sustained upward or downward momentum, or consolidation.

However, due to data availability constraints, the exact historical data for ZEC over the 2022–2025 period is limited or inaccessible. Without the correct ticker identifier or historical price dataset, it is not currently feasible to generate accurate results for the backtest. A resolution would require either confirmation of the exact data source or the provision of a manually curated dataset for ZEC.