Zedge, Inc. reports developments across digital marketplaces, interactive games, and content tools used for mobile self-expression and creator commerce. Recurring updates cover the Zedge Marketplace for wallpapers, video wallpapers, ringtones, notification sounds, and Zedge Premium; pAInt, its generative AI maker; GuruShots, a skill-based photography challenge game; Emojipedia; and DataSeeds.AI, a B2B offering for rights-cleared visual datasets for AI training.
Company news also covers fiscal results, advertising and subscription revenue trends, active subscriptions, ARPMAU, product innovation efforts, restructuring costs, capital allocation, share repurchases, and cash dividends on Zedge's Class B common stock.
Zedge (ZDGE) announced that DataSeeds.AI completed its first commercial AI model evaluation engagement for Bria using its newly launched Evals service. Evaluators from Zedge's GuruShots photography community reviewed AI-generated images to identify subtle visual quality issues.
Multiple experts independently reviewed each image against an agreement threshold. Images without sufficient agreement received additional independent reviews until the threshold was met. Zedge sees evaluations as a way to expand DataSeeds beyond training data into more AI workflows. It also recently announced an approximately $7.7 million direct investment led by Vice Chairman Howard Jonas. Morris Berger joined as CEO with the goal of building DataSeeds into a core business.
Zedge (ZDGE) will report its fourth-quarter and fiscal-year 2026 financial and operational results on October 26, 2026. The reporting period ended July 31, 2026. Results will be filed on Form 8-K and posted on its investor relations website at approximately 4:10 PM Eastern. Management will host an earnings call at 4:30 PM Eastern to discuss results, outlook and strategy, followed by investor questions.
Zedge (ZDGE) will participate in the LD Micro Main Event XX, with Jonathan Reich presenting on October 21, 2026. Reich, President and Chief Operating Officer, will discuss the company's strategy to build DataSeeds.AI into a core business serving other businesses with AI data services. He will also be available for in-person investor meetings that day, and an archived webcast will be available after the event.
Zedge (ZDGE) completed its previously announced private placement, raising $7.675 million in gross proceeds to fund its business plans. The company issued 2,616,447 Class B common shares and warrants to purchase another 2,354,803 Class B shares. Vice Chairman Howard Jonas led the investment through Chartwell Holding, which invested $6.5 million.
Zedge intends to accelerate DataSeeds.AI's growth and expand its team, capabilities and reach across the AI data value chain. Warrants issued to Chartwell and board member Elliott Gibber have a $3.22 exercise price; the remaining purchaser's warrants have a $3.28 exercise price. Exercise requires both requisite stockholder approval under NYSE American rules and the applicable six-month period following issuance.
Zedge (NYSE American: ZDGE) announced an expanded DataSeeds.AI strategy backed by an approximately $7.5 million direct insider investment led by Vice Chairman Howard Jonas and the appointment of Morris Berger as Chief Executive Officer effective October 1, 2026. Jonathan Reich will become President and Chief Operating Officer.
The financing, expected to close within 10 days, will be priced at the higher of the Class B closing price before announcement or funding, and includes 90% warrant coverage with a five-year term and an exercise price at 110% of the purchase price, subject to stockholder approval and a six‑month lockout.
Zedge plans to use proceeds to accelerate DataSeeds growth, expand technology, infrastructure and datasets, and potentially pursue selective acquisitions, while continuing its quarterly cash dividend and temporarily suspending share repurchases. In Q3 fiscal 2026, Zedge generated $1.2 million free cash flow (up 55% YoY) and ended with $19.7 million cash and no debt.
Zedge (NYSE American: ZDGE) announced that its Tapedeck music platform has added the catalog of late soul artist Betty Wright under an agreement with her estate. The catalog is available now, timed to Juneteenth, and aligns with Tapedeck’s artist‑friendly revenue model.
Tapedeck pays at least one cent per stream, with fans able to pay more, and 80% of all revenue going to rights holders, meaning 80 cents of every dollar from Wright’s catalog goes to her estate. The deal follows recent Tapedeck licensing agreements and supports its ongoing expansion.
Zedge (NYSE American: ZDGE) reported Q3 FY26 revenue of $8.0 million, up 3% year over year, with GAAP net income of $0.9 million and diluted EPS of $0.07. Subscription revenue rose 32% to $1.7 million and active subscriptions grew 41% to nearly 1.3 million.
ARPMAU increased 21% to $0.119 and Zedge Premium GTV grew 17%. Free cash flow rose 55% to $1.2 million, cash reached $19.7 million with no debt, and deferred revenue increased 26% to $6.2 million. The company also fulfilled DataSeeds.AI’s first six-figure order.
Zedge (NYSE American: ZDGE) increased its Class B common stock repurchase authorization by $2.0 million, on top of a prior $5.0 million program under which almost 1.5 million shares were repurchased for about $4.8 million.
The Board also declared a $0.02 quarterly dividend (annualized $0.08) on Class B shares, with a June 22, 2026 record date and June 30, 2026 payment date. Zedge reports being debt-free, generating consistent free cash flow, and plans a Rule 10b5-1 plan to enable ongoing buybacks.
Zedge (NYSE American: ZDGE) will report financial and operational results for its third fiscal quarter 2026, ended April 30, 2026.
The earnings release will be filed on Form 8-K and posted on the Zedge investor relations site around 4:10 PM ET on June 11, 2026, followed by an earnings conference call at 4:30 PM ET.
Zedge (NYSE American: ZDGE) announced that CEO Jonathan Reich will present at the Planet MicroCap Las Vegas 2026 Conference on Wednesday, June 17, 2026. The presentation runs in Track 2 from 11:30 am to 12:00 pm PST with a live webcast.
According to Zedge, in‑person 1x1 investor meetings will be held June 17–18 at the Bellagio Resort & Hotel in Las Vegas, with live and archived webcasts available via the conference platform.