Zedge Financials

ZDGE Stock  USD 2.62  0.06  2.24%   
Based on the measurements of operating efficiency obtained from Zedge's historical financial statements, Zedge Inc is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January. At present, Zedge's Accounts Payable is projected to increase significantly based on the last few years of reporting. The current year's Good Will is expected to grow to about 3.4 M, whereas Other Current Liabilities is forecasted to decline to about 1.5 M. Key indicators impacting Zedge's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.02560.046
Way Down
Slightly volatile
Current Ratio2.63.8395
Way Down
Slightly volatile
Investors should never underestimate Zedge's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Zedge's cash flow, debt, and profitability to make informed and accurate decisions about investing in Zedge Inc.

Net Income

(8.71 Million)

  
Understanding current and past Zedge Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Zedge's financial statements are interrelated, with each one affecting the others. For example, an increase in Zedge's assets may result in an increase in income on the income statement.
Please note, the presentation of Zedge's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Zedge's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Zedge's management manipulating its earnings.

Zedge Stock Summary

Zedge competes with Digital Ally, 36Kr Holdings, Onfolio Holdings, Zhihu, and Asset Entities. Zedge, Inc. operates a digital publishing and content platform worldwide. The company was incorporated in 2008 and is based in New York, New York. Zedge Inc operates under Internet Content Information classification in the United States and is traded on AMEX Exchange. It employs 93 people.
Specialization
Communication Services, Internet Content & Information
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS98923T1043
CUSIP98923T104
LocationNew York; U.S.A
Business Address1178 Broadway, New
SectorInteractive Media & Services
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.zedge.net
Phone330 577 3424
CurrencyUSD - US Dollar

Zedge Key Financial Ratios

Zedge Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets12.0M37.5M54.6M46.8M38.2M25.0M
Other Current Liab978K1.1M3.6M2.3M2.7M1.5M
Net Tangible Assets4.7M8.9M30.9M12.4M14.2M10.2M
Net Debt(4.8M)(24.7M)(16.9M)(16.1M)(19.8M)(18.8M)
Retained Earnings(15.8M)(7.6M)2.2M(3.9M)(13.1M)(13.8M)
Accounts Payable290K585K1.2M669K1.1M1.2M
Cash5.1M24.9M17.1M18.1M20.0M10.4M
Other Assets120K154K5.6M1K1.2K1.1K
Net Receivables1.4M2.5M2.4M2.9M4.0M2.2M
Good Will2.2M2.3M10.8M2.0M1.8M3.4M
Inventory123K111K1.0(569K)(593K)(563.4K)
Other Current Assets113K160K396K569K593K307.7K
Total Liab3.1M4.3M10.4M8.0M7.3M4.4M
Total Current Assets6.8M27.6M19.9M21.6M24.0M13.0M
Short Term Debt232K86K142K124K85K80.8K
Common Stock104K123K144K151K154K111.8K
Capital Surpluse22.5M23.1M25.7M41.7M47.9M27.2M
Net Invested Capital9.1M33.2M44.2M40.8M30.9M25.6M

Zedge Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense199K293K241K49K44.1K41.9K
Total Revenue9.5M19.6M26.5M27.2M30.1M16.9M
Gross Profit8.3M18.4M24.9M25.0M28.2M15.3M
Operating Income(251K)7.8M4.2M(6.9M)(11.8M)(11.2M)
Ebit(251K)7.8M7.9M(127K)153K145.4K
Ebitda1.3M9.1M9.8M3.1M2.6M2.9M
Cost Of Revenue1.2M1.2M1.6M2.2M1.9M1.6M
Income Before Tax(544K)8.0M11.6M(6.6M)(11.4M)(10.8M)
Net Income(559K)8.2M9.7M(6.1M)(9.2M)(8.7M)
Income Tax Expense15K(202K)1.9M(462K)(2.2M)(2.1M)
Tax Provision15K(202K)1.9M(462K)(2.2M)(2.1M)
Interest Income11K245K49K311K626K657.3K
Net Interest Income11K245K49K311K626K657.3K

Zedge Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory118K489K(436K)711K817.7K858.5K
Change In Cash3.5M19.8M(7.8M)1.0M1.9M1.9M
Free Cash Flow1.4M9.5M10.9M1.7M4.7M2.6M
Depreciation1.6M1.3M2.0M3.3M2.5M1.5M
Other Non Cash Items(2.1M)(218K)(4.0M)6.8M12.0M12.6M
Capital Expenditures759K653K611K1.5M1.2M1.2M
Net Income(559K)8.2M9.7M(6.1M)(9.2M)(8.7M)
End Period Cash Flow5.1M24.9M17.1M18.1M20.0M10.4M
Change To Netincome622K492K175K(2.4M)(2.2M)(2.1M)
Investments(759K)(4.8M)(19.0M)(2.4M)(1.2M)(1.3M)
Change Receivables(65K)644K(274K)(1.1M)(1.0M)(973.0K)

Zedge Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Zedge's current stock value. Our valuation model uses many indicators to compare Zedge value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zedge competition to find correlations between indicators driving Zedge's intrinsic value. More Info.
Zedge Inc is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Zedge's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Zedge by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Zedge Inc Systematic Risk

Zedge's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Zedge volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Zedge Inc correlated with the market. If Beta is less than 0 Zedge generally moves in the opposite direction as compared to the market. If Zedge Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zedge Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zedge is generally in the same direction as the market. If Beta > 1 Zedge moves generally in the same direction as, but more than the movement of the benchmark.

Zedge Thematic Clasifications

Zedge Inc is part of Communication Services investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Networking, telecom, long distance carriers, and other communication services. Companies that provide networking, telecom, and long distance services
Communication ServicesView
This theme covers Networking, telecom, long distance carriers, and other communication services. Companies that provide networking, telecom, and long distance services. Get More Thematic Ideas
Today, most investors in Zedge Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Zedge's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Zedge growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.1)

At present, Zedge's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Zedge December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Zedge help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Zedge Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zedge Inc based on widely used predictive technical indicators. In general, we focus on analyzing Zedge Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Zedge's daily price indicators and compare them against related drivers.

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When running Zedge's price analysis, check to measure Zedge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zedge is operating at the current time. Most of Zedge's value examination focuses on studying past and present price action to predict the probability of Zedge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zedge's price. Additionally, you may evaluate how the addition of Zedge to your portfolios can decrease your overall portfolio volatility.
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