Slide 1: Company Overview
© 2025 Zedge, Inc. Confidential. Company Overview October 20, 2025 Unless otherwise noted, data used in this presentation relates to the period ended April 30, 2025. Fiscal year end is July 31st.
Slide 2: Safe Harbor Statement
© 2025 Zedge, Inc. Confidential. Safe Harbor Statement This presentation contains statements that are, or may be considered to be, Forward-looking statements are based on Zedge’s current expectations, forward-looking statements. All statements that are not historical facts are estimates and assumpti
Slide 3: About Zedge
© 2025 Zedge, Inc. Confidential. About Zedge Our marketplaces create Zedge provides marketplaces for user-generated content (UGC) a powerful flywheel • We are experts in monetizing large user bases • We provide artists with tools, community, recognition, and the ability to make $$ • We provide user
Slide 4: Innovation is part of our DNA
© 2025 Zedge, Inc. Confidential. Innovation is part of our DNA Goal is to enable faster feature/new product turnaround, testing and go/no go product decisions Product Innovation Team: Embracing AI, Vibe Coding, and Automations in order to deliver more potential “shots on goal” The Core Optionality •
Slide 5: Product Portfolio of Leading Category Killers
© 2025 Zedge, Inc. Confidential. Product Portfolio of Leading Category Killers Leading marketplace for mobile #1 trusted search engine for all World’s leading photo phone personalization content with things emoji, now with Gen AI emoji competition game a rich suite of Gen AI creation tools and stick
Slide 6: Investor Highlights
© 2025 Zedge, Inc. Confidential. Investor Highlights Strong core business performance Since Beginning FY ’24: Net subscriptions ⬆ 38% + ARPMAU (Average Revenue/Monthly Active User) Zedge Premium Gross Transaction Value (GTV) ⬆ 57% ⬆ 46% Free cash flow* used for: Growth Capital (mainly internal) Disc
Slide 7: Zedge Marketplace: Offers Growth Opportunities
© 2025 Zedge, Inc. Confidential. Zedge Marketplace: Offers Growth Opportunities Leading marketplace for mobile phone pAInt AI creation suite personalization content turns users into creators: • Images • Audio AI >20M ~900K MAU Subscribers (+47%*) 13 Languages UGC + Premium Content offers endless cre
Slide 8: Monetization Expertise Driving >40% ARPMAU Growth*
© 2025 Zedge, Inc. Confidential. Monetization Expertise Driving >40% ARPMAU Growth* Advertising Subscriptions Creator Economy +36% +16% +27% Increase in CPMs* 9 months FY ’25 9 months FY ’25 Revenue Growth** ZP GTV Growth** Relentless optimization of Endless testing value added features pAInt + Arti
Slide 9: #1 Trusted Source for All Things Emoji
© 2025 Zedge, Inc. Confidential. #1 Trusted Source for All Things Emoji Emoji playground Revenue model AI emoji sticker creation Advertising today, tools - Games - Mashups subscriptions up next ~10M 19 ~26% MAU Languages Revenue CAGR* * Since being acquired in 2021 9
Slide 10: New Products Bring Optionality with "More Shots on Goal"
© 2025 Zedge, Inc. Confidential. New Products Bring Optionality with “More Shots on Goal” • Zedge’s first B2B product making • Artist-first Pricing Control: • AI-driven Rapid Prototyping: Built us relevant to frontier AI companies, Licensors (artists, labels, distributors) in weeks by Product Innova
Slide 11: Category Leading Photo Competition Game, Globally
© 2025 Zedge, Inc. Confidential. Category Leading Photo Competition Game, Globally Acquired in 2022 >180M DataSeeds.AI photo uploads content sourcing Strong community Single player or dynamic team gameplay 11
Slide 12: Disciplined Capital Allocation to Drive Shareholder Value
© 2025 Zedge, Inc. Confidential. Disciplined Capital Allocation to Drive Shareholder Value Owner mindset Insider Ownership is ~16% of stock Innovation Reinvest in organic growth through cost efficient new product/feature development tied to meeting KPIs Selectively consider M&A Capital Returns Most
Slide 13: Key Management: Skilled and Experienced Team
© 2025 Zedge, Inc. Confidential. Key Management: Skilled and Experienced Team Jonathan Reich Yi Tsai Tim Quirk CEO, Zedge, Inc. CFO, Zedge, Inc. SVP, Product, Zedge, Inc. Jonathan has been our CEO since August ‘20 and Yi has served as our CFO and Treasurer since Tim has served as SVP of Product sinc
Slide 14: Recent Financials
© 2025 Zedge, Inc. Confidential. Recent Financials $M Revenue Revenue by Category and Gross Margin Free Cash Flow $ Million Gross Margin % $35 96% $1 $2 $30 $1 $6M $4 $3 $25 $4.7M $5 94% $4 $5 $20 $4 $4M $15 $2.9M 92% $10 $2M $1.7M $21 $20 $18 $5 $0 90% $0M FY ‘23 FY ‘24 TTM FY ‘23 FY ‘24 TTM Advert
Slide 15: Zedge Inc. is Backed by the Jonas family
© 2025 Zedge, Inc. Confidential. Zedge Inc. is Backed by the Jonas family IDT Corp (NYSE: IDT) founded by Howard Jonas and controlled by the Jonas family, spun off its controlling interest in Zedge in June 2016. The Jonas family maintains significant holdings in Zedge and has a proven track record o
Slide 16: Why invest now?
© 2025 Zedge, Inc. Confidential. Why invest now? Strong core business performance ( + ) Optionality with rapid deployment of new innovative products ~$4M in gross annualized cost reductions starting to kick in Disciplined capital allocation + increased shareholder returns with dividend and share rep
Slide 17: (NYSE American: ZDGE)
(NYSE American: ZDGE) Company contact: Investor relations contact: Jonathan Reich, CEO Brian Siegel jonathan.reich@zedge.net (346) 396-8696 brian@haydenir.com
Slide 18: Appendix - Reconciliation of Non-GAAP Financial Metrics
© 2025 Zedge, Inc. Confidential. Appendix - Reconciliation of Non-GAAP Financial Metrics Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 FY FY YTD Free Cash Flow Calculation FY ‘23 FY ‘23 FY ‘23 FY ‘23 FY ‘24 FY ‘24 FY ‘24 FY ‘24 FY ‘25 FY ‘25 FY ‘25 2023 2024 FY ‘25 Cash Flow from Operations $1.1 $0.0 $1.6 $0.4 $
Slide 19: Appendix - Trended Financial Information*
© 2025 Zedge, Inc. Confidential. Appendix - Trended Financial Information* In $M except for: Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 FY FY YTD EPS, ARPMAU, and Paid Subscriptions FY ‘23 FY ‘23 FY ‘23 FY ‘23 FY ‘24 FY ‘24 FY ‘24 FY ‘24 FY ‘25 FY ‘25 FY ‘25 2023 2024 FY ‘25 Total Revenue $6.9 $7.0 $6.7 $6.6