Zedge, Inc. · AMEX:ZDGE
Zedge — Investor Presentation (April 2024)
21 slides from Zedge's investor presentation, Apr 9, 2024
Slide 1: Company Overview
Company Overview* April 9, 2024 © 2024 Zedge, Inc. Confidential. * Unless otherwise noted, data used in this presentation relates to the period ended, or at, January 31, 2024.
Slide 2: Forward-looking statements
© 2024 Zedge, Inc. Confidential. 2 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 Ha
Slide 3: Overview
© 2024 Zedge, Inc. Confidential. Overview Our ecosystem consists of (i) AI powered utilities that enable consumers to easily create great digital content; (ii) games that leverage the content our users create for friendly and engaging competitions, and (iii) marketplaces to monetize this content p A
Slide 4: Product Ecosystem
© 2024 Zedge, Inc. Confidential. Product Ecosystem GuruShots World’s leading photo game with 165M photos and 7.5M installs 4 Zedge Marketplace Marketplace for mobile phone personalization content with ~29M MAU Emojipedia #1 trusted search engine for all things emoji with ~10M MAU Portfolio of Catego
Slide 5: Investment Highlights
© 2024 Zedge, Inc. Confidential. • Creating flywheel connecting creators, communities, competitions & commerce • Gen AI opens door for growth & savings • Focus on accelerating revenue growth • Proven excellence in monetizing massive global user base • Valuation: 2.6X EV/Adj. EBITDA*; $18.1M cash and
Slide 6: Why now is the time to Invest!
© 2024 Zedge, Inc. Confidential. 6 Why now is the time to Invest! ZDGE has never been better positioned to create sustainable , profitable, long - term growth from a market, product, tech, marketing and team perspective • We are doing AI, not just talking about it • Untapped exposure to mobile gamin
Slide 7: Relevant comps and valuation
© 2024 Zedge, Inc. Confidential. Relevant comps and valuation 7 Shutterstock** Zedge** (NYSE: SSTK) Picsart* $34.5M $1.7B >$1B Equity Valuation $16.4M $1.5B N/A Enterprise Value ~0.6x 1 1.7x 2 ~10x EV/Revenue Multiple ~2.6x 1 ~9.7x 2 N/A EV/Adj. EBITDA Zedge’s Implied Valuation Range $66M - $300M ($
Slide 8: We're all about the 'C's
© 2024 Zedge, Inc. Confidential. 8 We’re all all about the 4 ‘C’s Marketing Games draw creators into a wide community with fun and friendly competitions COMPETITION AI tools enable all users to easily become creators CREATION Social features enable creators to share, connect, and compete in meaningf
Slide 9: Our addressable market is massive and proven
© 2024 Zedge, Inc. Confidential. Our addressable market is massive and proven 9 Individuals create and share content online monthly >50 million Individuals identify as online content creators >2 million Individuals that support themselves primarily from their content >1 billion Market sizing*: • Gen
Slide 10: The Zedge Marketplace is the leading source of mobile phone personalization content
© 2024 Zedge, Inc. Confidential. The Zedge Marketplace is the leading source of mobile phone personalization content Business Model Advertising Subscriptions In - App Purchases General 650M Total installs ~29M MAU pAInt: Gen AI Wallpaper Maker User Generated Content & Zedge Premium Product Highlight
Slide 11: Zedge Marketplace: Key growth initiatives
© 2024 Zedge, Inc. Confidential. Zedge Marketplace: Key growth initiatives Other Subscription overhaul Onboarding & segmentation Scaling ROAS positive UA App Global rollout of pAInt Gamification & engagement Expanding iOS offering Web pAInt Web Reimagining Zedge Premium Print on Demand 11
Slide 12: GuruShots: Leading, global, photo competition game
© 2024 Zedge, Inc. Confidential. Product Highlights Casual game genre Single player or team dynamic General 30 - 40M TAM 165M Photos in Catalogue Business Model Freemium with In - App Purchases Migrating to coin - based economy with advertising GuruShots: Leading, global, photo competition game 12
Slide 13: GuruShots: Gameplay Progression and key growth initiatives
© 2024 Zedge, Inc. Confidential. GuruShots: Gameplay Progression Onboarding New features Monetization Dynamic offers Advertising Coin based Marketing SEO ASO Scaling UA Key growth initiatives 13
Slide 14: Emojipedia: #1 trusted source for all things emoji
© 2024 Zedge, Inc. Confidential. Trialing merch sales Business Model Programmatic advertising Launching paid subscriptions * Bangla, Chinese, Danish, Dutch, English, French, German, Hindi, Italian, Japanese, Korean, Malay, Marathi, Norwegian, Portuguese, Spanish, Swedish, Tamil, and Telugu Product H
Slide 15: Emojipedia: Key growth initiatives
© 2024 Zedge, Inc. Confidential. User accounts Other Emoji Translate Website optimizations New Content Emoticons Kaoimojis General Print on Demand Emoji Games Mash Ups Emojipedia: Key growth initiatives 15
Slide 16: Innovation: Apps in soft launch
© 2024 Zedge, Inc. Confidential. Innovation: Apps in soft launch AI Art Master Casual AI Art Competition Game WishCraft AI Creation Utility 16
Slide 17: Management team
© 2024 Zedge, Inc. Confidential. 17 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 18: Zedge Inc. is backed by the Jonas family
© 2024 Zedge, Inc. Confidential. 18 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 remains a material Zedge shareholder and has a proven track record o
Slide 19: Why invest now?
© 2024 Zedge, Inc. Confidential. 19 Why invest now? • Gaming & ‘Creator Economy’ focus • AI driving growth & cost savings • Massive customer base • Upgraded product, marketing, data teams • Innovative new apps in soft launch • Growth mode • Attractive valuation with active buyback
Slide 20: Zedge Inc. contact
© 2024 Zedge, Inc. Confidential. 20 Zedge Inc. Company contact: Jonathan Reich, CEO jonathan.reich@zedge.net Investor relations contact: Brian Siegel (346) 396 - 8696 brian@haydenir.com (NYSE American: ZDGE)
Slide 21: Adjusted EBITDA reconciliation
© 2024 Zedge, Inc. Confidential. Adjusted EBITDA* 21 FY 2023 FY 2022 Q2 ‘24 Q1 ‘24 Q4 ‘23 Q3 ‘23 Q2 ‘23 Q1 ‘23 Reconciliation of Adjusted EBITDA to Net (Loss)/Income (in $Million) ($6.1) ($0.3) ($0.5) $3.3 $9.7 ($0.0) $1.9 $2.0 ($9.2) ($0.2) ($2.5) $0.8 ($0.0) ($0.1) $0.2 $0.8 $0.2 ($0.1) $0.2 $0.8