Zedge (ZDGE) Corporate presentation summary

Strategic positioning and business model

• Operates a high-margin, capital-efficient mobile app marketplace with over 20M monthly active users and 1.3M active subscribers.

• Leverages a large creator community for both user-generated and premium content, as well as AI training data production.

• Maintains mid-90% gross margins and has achieved nine consecutive quarters of subscriber growth.

• DataSeeds.AI and the Product Innovation Team represent self-funded, early-stage growth bets not yet reflected in valuation.

• Portfolio includes profitable assets like Emojipedia and repurposed GuruShots community for AI data initiatives.

Financial performance and capital allocation

• Enterprise value of $24M with $20M in cash, zero debt, and trailing twelve-month free cash flow of $3.1M.

• Record Q3 FY'26 ARPMAU of $0.119, up 21% YoY, and adjusted EBITDA of $3.6M YTD, more than double prior year.

• Deferred subscription revenue stands at $6.2M, up 26%, with recurring revenue from ~1.3M subscribers.

• Quarterly dividend introduced and raised by 25% in Q3 FY'26, with a current yield of ~3%.

• $2M buyback recently re-funded, following $8M in prior authorizations, with 2.7M shares repurchased to date.

Growth initiatives and innovation

• DataSeeds.AI provides rights-cleared, multimodal AI training datasets for frontier model developers, leveraging the creator community.

• Product Innovation Team uses a systematic, KPI-driven approach to rapidly test and scale new app concepts, with four alphas launched YTD.

• Both DataSeeds.AI and Product Innovation Team are early-stage, self-funded, and not yet priced into the current valuation.

• GuruShots community now underpins DataSeeds, providing a differentiated entry into the AI data market.

• Innovation pipeline is managed with clear kill criteria, minimizing risk to the balance sheet.