Zedge, Inc. · AMEX:ZDGE
Zedge — Q4 2026 Earnings Presentation
17 slides from Zedge's earnings presentation, Oct 26, 2026
Slide 1: Building the Next Generation of AI Data and Services
Investor presentation Building the Next Generation of AI Data and Services October 2026 NYSE American: ZDGE
Slide 2: Safe Harbor Statement
© 2026 Zedge, Inc. Safe Harbor Statement This presentation contains statements that are, or may be considered Forward-looking statements are based on current expectations, to be, forward-looking statements. All statements that are not historical estimates and assumptions. They involve inherent risks
Slide 3: From Consumer Mobile to AI Data
© 2026 Zedge, Inc. From Consumer Mobile to AI Data DataSeeds is now our primary growth initiative Existing businesses continue Approximately $7.7 million insider-led Zedge plans to invest in talent, to be important and strategic, investment adds capital to accelerate technology, infrastructure and f
Slide 4: The AI data opportunity
© 2026 Zedge, Inc. The AI data opportunity As AI expands into more specialized and real-world applications, data requirements are becoming more complex, purpose-built and dependent on human expertise. Three demand drivers create a significant growth opportunity 01 02 03 $16.3B Purpose built data Mod
Slide 5: DataSeeds provides purpose-built multimodal data and expert evaluation services
© 2026 Zedge, Inc. DataSeeds provides purpose-built multimodal data and expert evaluation services Current Offerings: Egocentric Training Data: Hand Pose, Egocentric with Narration | Making Dinner Mask Annotated | Dynamic exclusion Multimodal datasets Depth and 3D Mesh from a Real Task Images, audio
Slide 6: Zedge's existing businesses provide DataSeeds with a competitive advantage
© 2026 Zedge, Inc. Zedge s existing businesses provide DataSeeds with a competitive advantage Cash generation, creator communities and operating capabilities support a differentiated AI data business Zedge Marketplace GuruShots Innovation • Core profit and cash flow • Global photography community •
Slide 7: From customer specification to enterprise-ready data
© 2026 Zedge, Inc. From customer specification to enterprise-ready data DataSeeds selects the production path that best fits the assignment Customer brief Sourcing Prepare + Verify Deliver • Content type • Off-the-shelf catalog • Rights and consent • Rights-cleared multimodal • Geography • Mission-s
Slide 8: Commercial validation is beginning
© 2026 Zedge, Inc. Commercial validation is beginning DataSeeds has progressed from capability building to paid work and repeat demand Operating capability First six-figure order Repeat customers Broader services in place Creator communities, Completed Follow-on and often larger Launched commercial
Slide 9: Insider-led $7.7M investment completed
© 2026 Zedge, Inc. Capital and ownership aligned behind the strategy Insider-led $7.7M $3.2B $2.0B investment completed StraightPath sale to Verizon IDT s Market cap $6.5M of the financing was associated with Howard Jonas participation. Board Member Elliot Gibber and another current Zedge stockholde
Slide 10: Zedge leadership team
© 2026 Zedge, Inc. Zedge leadership team Operating experience across creator platforms, media, TMT and public-company finance Morris Berger Jonathan Reich Yi Tsai Chief Executive Officer President and Chief Chief Financial Officer Operating Officer and Treasurer Mr. Berger has served as our Chief Ex
Slide 11: A new growth chapter for Zedge
© 2026 Zedge, Inc. A new growth chapter for Zedge A proven platform. A specialized AI data opportunity. 01 Large and 02 Competitive 03 Early commercial 05 Foundation + 04 Aligned capital + growing need advantage validation optionality execution AI data requirements DataSeeds combines First six-figur
Slide 12: Financial Metrics
© 2026 Zedge, Inc. Financial Metrics YTD Through Q3 FY26 Unless Noted $23.9M $4.8M $6.2M $ 0.6M 9% 31% 26% 69% Total Revenue Subscriber Revenue Deferred Revenue GAAP Net Income Q3 FY26 $2.6M $3.6M 3% $27.4M 10% 147% 26% Free Cashflow Adjusted EBITDA Dividend Yield Cash $0 debt) 10/16/2026 Pro-forma
Slide 13: Company and investor relations contacts
NYSE American: ZDGE Company contact: Investor relations contact: Jonathan Reich Brian Siegel jonathan.reich@zedge.net 346 396 8696 brian@haydenir.com https://investor.zedge.net/ 12 ( ( ) - )
Slide 14: Capital and ownership aligned behind the strategy
© 2026 Zedge, Inc. Appendix Capital and ownership aligned behind the strategy Insider-led $7.7M $500M $3.2B investment completed IDT Entertainment StraightPath sale to Starz sale to Verizon $6.5M of the financing was associated with Howard Jonas participation. Alongside Elliot Gibber and another cur
Slide 15: Trended Financial Information (1 of 2)
© 2026 Zedge, Inc. Appendix Trended Financial Information* $ in millions except EPS · Financial results, 1 of 2 Metric Q125 Q225 Q325 Q425 Q126 Q226 Q326 FY24 FY25 YTD FY26 Total Revenue $7.2 $7.0 $7.8 $7.5 $7.6 $8.3 $8.0 $30.1 $29.4 $23.9 Advertising Revenue $4.9 $4.7 $5.6 $5.2 $5.2 $5.6 $5.4 $21.0
Slide 16: Trended Financial Information (2 of 2)
© 2026 Zedge, Inc. Appendix Trended Financial Information* Users in millions, subscriptions in thousands, $ in millions except ARPMAU · Operating metrics, 2 of 2 Metric Q125 Q225 Q325 Q425 Q126 Q226 Q326 FY24 FY25 YTD FY26 MAU 25.0 24.7 22.1 23.2 22.2 20.4 19.6 nm nm nm Well-developed Markets 5.5 5.
Slide 17: Reconciliation of Non-GAAP Financial Metrics
© 2026 Zedge, Inc. Appendix Reconciliation of Non-GAAP Financial Metrics $ in millions · Free Cash Flow = Cash Flow from Operations less Capital Expenditures Free Cash Flow Calculation Q125 Q225 Q325 Q425 Q126 Q226 Q326 FY24 FY25 YTD FY26 Cash Flow from Operations $1.2 $0.7 $0.9 $0.7 $0.8 $0.9 $1.2