Zedge, Inc. · AMEX:ZDGE
Zedge — Investor Presentation (October 2025)
19 slides from Zedge's investor presentation, Oct 20, 2025
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: Forward-looking statements
© 2025 Zedge, Inc. Confidential. This presentation contains statements that are, or may be considered to be, forward - looking statements. All statements that are not historical facts are forward - looking statements and such forward - looking statements are statements made pursuant to the Safe Harb
Slide 3: About Zedge
© 2025 Zedge, Inc. Confidential. 3 $42M Market cap* $22M Enterprise Value* 2% Dividend Yield** About Zedge • We are experts in monetizing large user bases • We provide artists with tools, community, recognition, and the ability to make $$$ • We provide users with great content and a fun experience W
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 • Gross margi
Slide 5: Product Portfolio of Leading Category Killers
© 2025 Zedge, Inc. Confidential. 5 Product Portfolio of Leading Category Killers World’s leading photo competition game > 180M photo uploads #1 trusted search engine for all things emoji , now with Gen AI emoji and sticker creation tools ~10M MAU Leading m arketplace for mobile phone personalization
Slide 6: Investor Highlights
© 2025 Zedge, Inc. Confidential. 6 ~$4M in annualized cost reductions Q2 FY ’25 company - wide restructuring activities streamlined global operations; rightsized underperforming GuruShots business Disciplined capital allocation Free cash flow* used for: Growth Capital (mainly internal ) Capital retu
Slide 7: Zedge Marketplace: Offers Growth Opportunities
© 2025 Zedge, Inc. Confidential. 7 Leading marketplace for mobile phone personalization content Zedge Marketplace: Offers Growth Opportunities 13 Languages ~900K Subscribers (+47%*) >20M MAU UGC + Premium Content offers endless creative possibilities pAInt AI creation suite turns users into creators
Slide 8: Monetization Expertise Driving >40% ARPMAU Growth
© 2025 Zedge, Inc. Confidential. 8 Monetization Expertise Driving >40% ARPMAU Growth* *Since beginning of FY24. **9 months FY ’25 vs FY ‘24 Creator Economy +27% 9 months FY ’25 ZP GTV Growth** pAInt + Artists sell their content to Zedge’s ~20M MAU Subscriptions +16% 9 months FY ’25 Revenue Growth**
Slide 9: #1 Trusted Source for All Things Emoji
© 2025 Zedge, Inc. Confidential. #1 Trusted Source for All Things Emoji 9 * Since being acquired in 2021 Emoji playground AI emoji sticker creation tools - Games - Mashups Revenue model Advertising today, subscriptions up next ~10M MAU 19 Languages ~26% Revenue CAGR*
Slide 10: New Products Bring Optionality with "More Shots on Goal"
© 2025 Zedge, Inc. Confidential. 10 New Products Bring Optionality with “More Shots on Goal” • Zedge’s first B2B product making us relevant to frontier AI companies , eCom providers and stock photographer suppliers • Leveraging our global creator network : - GuruShots photographers; - Zedge Premium
Slide 11: Category Leading Photo Competition Game, Globally
© 2025 Zedge, Inc. Confidential. 11 >180M photo uploads DataSeeds.AI content sourcing Strong community dynamic Single player or team gameplay Category Leading Photo Competition Game, Globally Acquired in 2022
Slide 12: Disciplined Capital Allocation to Drive Shareholder Value
© 2025 Zedge, Inc. Confidential. 12 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 Mo
Slide 13: Management team
© 2025 Zedge, Inc. Confidential. 13 Jonathan Reich CEO, Zedge, Inc. Jonathan has been our CEO since August ‘20 and as our President since July ’11. He has also served as our CFO (’16 - ’20) and COO (’11 - ’20). From ’07 to ’14, Mr. Reich served as President of Fabrix Systems, Inc. and, from 1999 to
Slide 14: Recent Financials
© 2025 Zedge, Inc. Confidential. 14 Recent Financials • TikTok cut US ad spend to $0 due to government ban (returned to normal spending in February until at least mid - June) • Temporary glitch related to adding new ad demand partner (resolved in January) • Ongoing GuruShots decline (bottoming out)
Slide 15: Zedge Inc. is Backed by the Jonas family
© 2025 Zedge, Inc. Confidential. 15 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 recor
Slide 16: Why invest now?
© 2025 Zedge, Inc. Confidential. 16 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 re
Slide 17: Contact
Company contact: Jonathan Reich, CEO jonathan.reich@zedge.net Investor relations contact: Brian Siegel (346) 396 - 8696 brian@haydenir.com (NYSE American: ZDGE)
Slide 18: Appendix - Reconciliation of Non-GAAP Financial Metrics
© 2025 Zedge, Inc. Confidential. 18 YTD FY FY Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 FY ‘25 2024 2023 FY ‘25 FY ‘25 FY ‘25 FY ‘24 FY ‘24 FY ‘24 FY ‘24 FY ‘23 FY ‘23 FY ‘23 FY ‘23 Free Cash Flow Calculation $2.7 $0.4 $5.9 $1.2 $3.2 $1.5 $0.9 $0.1 $0.7 $0.1 $1.2 $0.2 $0.7 $0.2 $2.3 $0.2 $1.6 $0.4 $1.3 $0.4
Slide 19: Appendix - Trended Financial Information
© 2025 Zedge, Inc. Confidential. 19 Appendix - Trended Financial Information* YTD FY ‘25 FY 2024 FY 2023 Q3 FY ‘25 Q2 FY ‘25 Q1 FY ‘25 Q4 FY ‘24 Q3 FY ‘24 Q2 FY ‘24 Q1 FY ‘24 Q4 FY ‘23 Q3 FY ‘23 Q2 FY ‘23 Q1 FY ‘23 In $M except for: EPS, ARPMAU, and Paid Subscriptions $21.9 $15.1 $1.7 $3.7 $1.4 $30.