Zedge Inc

Company Profile

Zedge Inc had its IPO on 2016-05-26 under the ticker symbol ZDGE.

The company operates in the Communication Services sector and Internet Content & Information industry. Zedge Inc has a staff strength of 96 employees.

Stock update

Shares of Zedge Inc opened at $2.01 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.01 - $2.21, and closed at $2.16.

This is a +9.09% increase from the previous day's closing price.

A total volume of 64,839 shares were traded at the close of the day’s session.

In the last one week, shares of Zedge Inc have slipped by -0.46%.

Zedge Inc's Key Ratios

Zedge Inc has a market cap of $28.59 million, indicating a price to book ratio of 0.7245 and a price to sales ratio of 1.0478.

In the last 12-months Zedge Inc’s revenue was $27.98 million with a gross profit of $24.90 million and an EBITDA of $2.33 million. The EBITDA ratio measures Zedge Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Zedge Inc’s operating margin was -0.95% while its return on assets stood at -0.32% with a return of equity of -4.47%.

In Q1.3333333333333, Zedge Inc’s quarterly earnings growth was a negative -31.2% while revenue growth was a positive 8%.

Zedge Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-0.14 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Zedge Inc’s profitability.

Zedge Inc stock is trading at a EV to sales ratio of 0.5643 and a EV to EBITDA ratio of 2.1196. Its price to sales ratio in the trailing 12-months stood at 1.0478.

Zedge Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$47.58 million

Total Liabilities

$7.26 million

Operating Cash Flow

$0

Capital Expenditure

$446000

Dividend Payout Ratio

0%

Zedge Inc ended 2024 with $47.58 million in total assets and $0 in total liabilities. Its intangible assets were valued at $47.58 million while shareholder equity stood at $38.11 million.

Zedge Inc ended 2024 with $0 in deferred long-term liabilities, $7.26 million in other current liabilities, 152000.00 in common stock, $-4097000.00 in retained earnings and $1.87 million in goodwill. Its cash balance stood at $18.07 million and cash and short-term investments were $18.07 million. The company’s total short-term debt was $93,000 while long-term debt stood at $1.98 million.

Zedge Inc’s total current assets stands at $22.02 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $3.95 million compared to accounts payable of $1.06 million and inventory worth $-897000.00.

In 2024, Zedge Inc's operating cash flow was $0 while its capital expenditure stood at $446000.

Comparatively, Zedge Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.16

52-Week High

$3.74

52-Week Low

$1.62

Analyst Target Price

$7

Zedge Inc stock is currently trading at $2.16 per share. It touched a 52-week high of $3.74 and a 52-week low of $3.74. Analysts tracking the stock have a 12-month average target price of $7.

Its 50-day moving average was $2.1 and 200-day moving average was $2.2 The short ratio stood at 0.76 indicating a short percent outstanding of 0%.

Around 1405% of the company’s stock are held by insiders while 1931.6% are held by institutions.