
Zedge Income Statement 2025-2011 | ZDGE
Brief overview of revenue and earnings at Zedge
This overview is based on financial performance over the past five years. Revenue at Zedge moved from $9.5 million in 2020 to $29.4 million in 2025. Overall revenue changed by +210.4%, equal to an annualized rate of about 25.4%. This pace points to rapid expansion of the business.
Gross profit was 8.3 million dollars at the start and −118 million dollars at the end of the period (−1521.2%). Gross profit as a share of revenue changed from 87.4% to −400%. Weakening gross profitability reduces the quality of the top-line trend.
The five-year EBITDA result moved by −317.3%: from $1.2 million to −$2.5 million. EBITDA underperformed the top-line trend. EBITDA margin moved from 12.3% to −8.6%. A lower EBITDA share weakens the quality of the result.
The net financial result changed from −559 thousand dollars to −2.4 million dollars. The negative result deepened, showing weaker final efficiency.
Over the period, capitalization shifted from 16.4 million dollars to 39.4 million dollars (+141%). Capitalization grew more slowly than the underlying results.
Conclusion
The indicators point to a weaker financial profile. The constructive conclusion rests on sales growth. The most visible risks are a low EBITDA margin, a weaker final result and pressure from direct costs. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Zedge
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
39.4 M | 31.4 M | 31.4 M | 32.2 M | 78.9 M | 16.4 M | 16.1 M | 27.9 M | 16.1 M | 37.6 M | - | - | - | - | - |
Shares |
13.7 M | 14.1 M | 14.1 M | 14.2 M | 13.2 M | 11.1 M | 10.1 M | 9.8 M | 9.47 M | 8.35 M | - | - | - | - | - |
Historical Prices |
2.87 | 2.23 | 2.23 | 2.27 | 6.98 | 10 | 1.45 | 2.02 | 3.3 | 3.47 | - | - | - | - | - |
Net Income |
-2.39 M | -9.17 M | -6.1 M | 9.71 M | 8.25 M | -559 K | -3.34 M | -1.56 M | -611 K | 983 K | 1.59 M | -146 K | - | - | - |
Revenue |
29.4 M | 30.1 M | 27.2 M | 26.5 M | 19.6 M | 9.47 M | 8.82 M | 10.8 M | 10 M | 11.1 M | 9.05 M | 6.53 M | - | - | - |
Cost of Revenue |
147 M | 28 M | - | - | - | - | 1.38 M | 1.52 M | 1.57 M | 1.3 M | 1.08 M | - | - | - | - |
Gross Profit |
- | - | - | - | - | 8.28 M | 7.44 M | 9.32 M | 8.46 M | 9.81 M | 7.97 M | 5.62 M | - | - | - |
Operating Income |
-3.23 M | -11.8 M | -6.91 M | 11.8 M | 7.8 M | -403 K | -2.89 M | -1.3 M | -683 K | 1.17 M | 1.62 M | - | - | - | - |
Interest Expense |
666 K | 626 K | 311 K | 49 K | 245 K | 11 K | -199 K | 29 K | 19 K | 2 K | 5 K | - | - | - | - |
EBITDA |
-2.53 M | -10.7 M | -5.95 M | 12.8 M | 9.06 M | 1.16 M | -1.46 M | -266 K | -4 K | 2.06 M | 2.25 M | 552 K | - | - | - |
Operating Expenses |
- | - | - | - | - | 8.68 M | 10.3 M | 10.6 M | 9.11 M | 8.36 M | 6.35 M | 5.65 M | - | - | - |
General and Administrative Expenses |
27.2 M | 25.6 M | 21.9 M | 15.1 M | 9.31 M | 7.11 M | 8.9 M | 9.58 M | 8.47 M | 7.76 M | - | - | - | - | - |
All numbers in USD currency
Quarterly Income Statement Zedge
| 2026-Q3 | 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
13 M | 13 M | 13 M | 13 M | 13.7 M | 13.9 M | 13.7 M | 13.9 M | 14.1 M | 14.1 M | 14.2 M | 14.1 M | 14 M | 14.1 M | 14 M | 14.1 M | 14.3 M | - | 14.3 K | 12.6 M | 14.3 K | 12.4 M | 13.7 M | 10.2 M | 12.2 M | 10.2 M | 12.2 M | 10.1 M | 10.2 M | 10 M | 10.2 M | 9.75 M | 10 M | 9.7 M | 10 M | 9.41 M | 9.66 M | 9.34 M | 9.66 M | 8.16 M | 9.26 M | 8.16 M | 9.26 M | - | 8.16 M | - | 8.16 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
926 K | -2.29 M | 788 K | -2.29 M | 185 K | -1.68 M | 185 K | -1.68 M | -339 K | -9.23 M | 113 K | -9.23 M | -15 K | 1.61 M | -7.69 M | 1.61 M | -169 K | - | 803 K | 2.32 M | 2.06 M | 3.32 M | 2.45 M | 100 K | 1.04 M | -701 K | 1.04 M | -240 K | -801 K | -801 K | -801 K | -173 K | -706 K | -993 K | -706 K | -326 K | -820 K | -164 K | -820 K | 1.11 M | 163 K | 1.44 M | 163 K | - | 325 K | - | 211 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
7.99 M | 8.25 M | 7.61 M | 8.25 M | 7.76 M | 6.98 M | 7.76 M | 6.98 M | 7.19 M | 7.77 M | 7.66 M | 7.77 M | 7.08 M | 6.98 M | 6.73 M | 6.98 M | 6.9 M | - | 6.23 M | 6.92 M | 2.06 M | 9.08 M | 5.25 M | 2.64 M | 3.76 M | 4.68 M | 3.76 M | 2.57 M | 2.03 M | 4.95 M | 2.03 M | 3.04 M | 2.38 M | 5.7 M | 2.38 M | 2.57 M | 2.66 M | 4.96 M | 2.66 M | 3.53 M | 2.38 M | 6.09 M | 2.38 M | - | 2.56 M | - | 2.2 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 300 K | - | - | - | - | 308 K | - | - | 289 K | 328 K | 328 K | 678 K | 353 K | 356 K | 350 K | 728 K | 350 K | 412 K | 372 K | 780 K | 372 K | 310 K | 367 K | 605 K | 367 K | - | 295 K | - | 289 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
1.07 M | -2.89 M | 914 K | -2.89 M | 160 K | -2.22 M | 160 K | -2.22 M | -457 K | -11.9 M | -132 K | -11.9 M | 321 K | 1.46 M | -8.41 M | 1.46 M | -201 K | - | 1.34 M | 2.52 M | 2.59 M | 3.61 M | 1.98 M | 79 K | 1.09 M | -666 K | 1.09 M | -245 K | -745 K | -826 K | -745 K | -122 K | -581 K | -964 K | -581 K | -338 K | -842 K | -226 K | -842 K | 1.28 M | 113 K | 1.7 M | 113 K | - | 419 K | - | 404 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
135 K | 124 K | 153 K | 124 K | 154 K | 171 K | 154 K | 171 K | 181 K | 165 K | 188 K | 165 K | 81 K | 77 K | 84 K | 77 K | 35 K | - | 15 K | 5 K | 13 K | 5 K | 9 K | 5 K | 1 K | 5 K | 1 K | 38 K | 48 K | 45 K | 3 K | 4 K | 7 K | 14 K | 7 K | 7 K | 9 K | 8 K | 9 K | 1 K | 1 K | 2 K | 1 K | - | 1 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
1.21 M | -2.7 M | 1.13 M | -2.7 M | 385 K | -1.9 M | 385 K | -1.9 M | -76 K | -11.2 M | 451 K | -11.2 M | 1.1 M | 2.27 M | -7.52 M | 2.27 M | 592 K | - | 1.76 M | 2.84 M | 2.99 M | 4.29 M | 2.27 M | 442 K | 1.45 M | 202 K | 1.45 M | 83 K | -240 K | -195 K | -240 K | 103 K | -278 K | -582 K | -278 K | -154 K | -685 K | 96 K | -685 K | 1.44 M | 251 K | 2.02 M | 251 K | - | 579 K | - | 549 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
6.24 M | 6.68 M | 5.92 M | 6.68 M | 6.34 M | 7.13 M | 6.34 M | 7.13 M | 6.81 M | 6.52 M | 6.75 M | 6.52 M | 5.5 M | 5.87 M | 5.02 M | 5.87 M | 5.83 M | - | 4.06 M | 2.16 M | 2.73 M | 4.16 M | 2.69 M | 1.89 M | 2.01 M | 3.84 M | 2.01 M | 2.16 M | 1.94 M | 4.47 M | 1.94 M | 2.59 M | 2.31 M | 5.56 M | 2.31 M | 2.31 M | 2.97 M | 4.07 M | 2.97 M | 1.78 M | 1.76 M | 3.47 M | 1.76 M | - | 1.68 M | - | 1.36 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Zedge (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.