Zedge Announces First Quarter Fiscal 2025 Results
Zedge Announces First Quarter Fiscal 2025 Results
Zedge Marketplace subscription revenue increased 21%
Zedge市場的訂閱營業收入增長了21%
Zedge Marketplace ARPMAU1 increased 22%
Zedge市場的月活躍用戶數的平均收入（ARPMAU）增長了22%
Zedge Premium GTV1 increased 62%
Zedge Premium的總交易值（GTV）增長了62%
NEW YORK, NY / ACCESSWIRE / December 16, 2024 / Zedge, Inc. (NYSE AMERICAN:ZDGE), $ZDGE, a leader in digital marketplaces and interactive games that provides content, enables creativity, empowers self-expression and facilitates community, today announced results for its first quarter fiscal 2025, ended October 31, 2024.
紐約，NY / ACCESSWIRE / 2024年12月16日 / Zedge, Inc.（紐交所：ZDGE），$ZDGE，是數字市場和互動遊戲的領導者，提供內容，促進創造力，賦予自我表達並便利社區，今天宣佈了截至2024年10月31日的2025財年第一季度的業績。
Jonathan Reich, Zedge's CEO, commented:
Jonathan Reich，Zedge的首席執行官，評論道：
"We are encouraged by the underlying trends in our business, which provide a strong foundation for future growth despite a mixed bag of results at the start of the fiscal year.
「我們對業務的基本趨勢表示鼓勵，這爲未來的增長提供了堅實的基礎，儘管財年的開始結果喜憂參半。」
"The Zedge Marketplace continued to shine with subscription revenue growing 21% year-over-year and accelerated growth in lifetime subscriptions drove an 8% increase in overall subscribers. Zedge Premium's GTV (Gross Transaction Value) surged by 62%, fueled by the popularity of our parallax wallpapers (3-D motion wallpapers), optimization of rewarded video CPMs and the expansion of pAInt, our AI image generator, demonstrating our ability to fuel growth with innovative features. These achievements and a shift towards users with higher return profiles led to an impressive 22% increase in Average Revenue per Monthly Active User (ARPMAU). Additionally, Zedge Marketplace iOS growth continues to be a bright spot for the Company with revenue up over 60% in the quarter. However, we did encounter some advertising challenges in the quarter, including a now resolved coding error that limited our supply of selected ad inventory for a short period, a delay in an ad partner's testing of our platform, and start up complexities from adding a new advertising mediation platform to our mix. Additionally, we adopted a more conservative short-term approach to user acquisition, prioritizing higher returns on ad spend (ROAS) over rapid scaling. Despite these hurdles, we are confident in our ability to return to advertising revenue growth in the quarters ahead.
「Zedge市場繼續表現出色，訂閱營業收入同比增長21%，生命週期訂閱的加速增長推動了整體訂閱用戶數增長了8%。Zedge Premium的總交易值（GTV）猛增62%，這得益於我們視差壁紙（3D運動壁紙）的受歡迎程度、優化的獎勵視頻每千次展示費用（CPM）以及我們人工智能圖像發電機pAInt的擴展，展示了我們利用創新功能推動增長的能力。這些成就以及向具有更高回報特徵的用戶的轉變導致了月活躍用戶數平均收入（ARPMAU）顯著增長22%。此外，Zedge市場iOS的增長仍然是公司的一大亮點，季度收入增長超過60%。然而，在本季度我們確實遇到了一些廣告挑戰，包括一個已解決的編碼錯誤，限制了我們在短時間內的特定廣告庫存供應，以及廣告合作伙伴對我們平台測試的延遲，以及添加一個新的廣告調解平台所帶來的啓動複雜性。此外，我們採取了更爲保守的短期用戶獲取策略，優先考慮廣告支出回報率（ROAS）而不是快速擴張。儘管面臨這些困難，我們對未來幾個季度的廣告收入增長充滿信心。」
"Emojipedia delivered an outstanding quarter with record revenue up 33% year-over-year, showcasing its continued appeal as the go-to resource for emoji-related information and its strength as a revenue generator within our portfolio. We are thrilled to see Emojipedia's sustained growth, further validating its value to our ecosystem and validating our original acquisition thesis.
Emojipedia在本季度取得了出色的業績，營業收入同比增長33%，展示了其作爲與表情符號相關信息的首選資源的持續吸引力，以及它在我們投資組合中作爲發電機的強大實力。我們對Emojipedia的持續增長感到興奮，這進一步驗證了它對我們生態系統的價值，也驗證了我們最初的收購論點。
"GuruShots remains in transition as we focus on initiatives aimed at attracting new users who will convert into recurring, paying players. We're currently rolling out Duels, a player-versus-player (PVP) game mechanic that will cap the new onboarding, economy and Missions enhancements we introduced in 2024. Despite limiting marketing spend, we are seeing early signs of growth with higher engagement and retention among new players. Our next area of focus relates to effectively monetizing new players and efficiently growing paid user acquisition, which we believe will pave the way for sustainable growth.
GuruShots仍在轉型中，我們專注於吸引新用戶的舉措，以便將其轉化爲持續付費的玩家。我們目前正在推出對決，這是一種玩家對抗玩家（PVP）的遊戲機制，將配合我們在2024年推出的新用戶引導、經濟和任務增強功能。儘管限制了市場營銷支出，但我們仍看到早期增長的跡象，新玩家的參與度和留存率都在提高。我們下一個關注的領域是如何有效地將新玩家變現，以及如何高效地增長付費用戶獲取，我們相信這將爲可持續增長鋪平道路。
"In summary, while we had some near-term challenges, we remain focused on executing on our strategy, driving innovation and delivering value for our stockholders, and the progress we've made reaffirms our confidence that we are headed in the right direction."
總之，儘管我們面臨一些短期挑戰，但我們仍專注於執行我們的策略，推動創新，爲我們的股東提供價值，而我們所取得的進展再次增強了我們對方向正確的信心。
Fiscal 2025 Outlook
2025財年展望
"We anticipate significant improvements in our second quarter driven by traditional holiday seasonal strength and the resolution of key challenges from the first quarter. For the remainder of fiscal 2025, we are focused on leveraging our solid foundation to drive growth and scalability across all business units. A critical part of this strategy is the ongoing integration of generative AI into our product portfolio, enriching the user experience with cutting-edge features. Our recent beta launch of the AI Emoji Generator on Cyber Monday exemplifies this approach, enabling Emojipedia users to design custom emojis and break free from standard device keyboards.
我們預計在第二季度會有顯著改善，這得益於傳統節日期間的季節性強勁和解決第一季度面臨的關鍵挑戰。在2025財年剩餘的時間裏，我們專注於利用穩固的基礎在所有業務單元中推動增長和可擴展性。這一策略的關鍵部分是將生成性人工智能持續整合到我們的產品組合中，用尖端的功能豐富用戶體驗。我們在網絡星期一推出的AI表情符號發電機的最近測試版本體現了這一方法，使Emojipedia用戶能夠設計自定義表情符號，擺脫標準設備鍵盤的束縛。
"Our top priority for the Zedge Marketplace this year is to transform users from content consumers into content creators, aligning ourselves more deeply within the Creator Economy. The continued rollout of pAInt 2.0 and the planned imminent addition of AI audio capabilities underscore our commitment to innovation. Audio, in particular, represents an exciting opportunity to attract new users and deepen engagement with existing ones, further solidifying our position in this dynamic space.
我們對Zedge市場的首要任務是將用戶從內容消費者轉變爲內容創造者，使我們更深入地融入創作者經濟。pAInt 2.0的持續推出以及即將增加的AI音頻能力彰顯了我們對創新的承諾。特別是音頻，代表了一個吸引新用戶並加深與現有用戶的互動的激動人心的機會，進一步鞏固了我們在這一動態領域中的地位。
"Beyond product advancements, our marketing team remains a critical revenue growth driver. After weathering the first quarter's challenges, we are confident in the team's ability to accelerate ROAS-attractive user acquisition, particularly in well-developed economies, while also building on our strong momentum with iOS users. This alignment of innovative products and strategic marketing positions us for continued success.
除了產品的進步，我們的營銷團隊仍然是重要的營業收入增長驅動因素。在經歷了第一季度的挑戰後，我們對團隊在獲取收益回報率吸引用戶方面的能力充滿信心，特別是在發達經濟體中，同時也在與iOS用戶建立強勁的勢頭。創新產品與戰略營銷的結合使我們在持續成功的道路上得以前行。
"Emojipedia continues to thrive, with the expansion of the 'Emoji Playground' in early December which now includes the AI-driven emoji creator. Our next priority will be redesigning and upgrading Emojipedia's website to improve engagement and reinforce its reputation as the premier destination for emoji enthusiasts worldwide.
Emojipedia繼續蓬勃發展，'Emoji Playground'的擴展在12月初啓用，現在包括人工智能驅動的表情符號創建器。我們的下一個優先事項將是重新設計和升級Emojipedia的網站，以提高用戶參與度並強化其作爲全球表情符號愛好者首選目的地的聲譽。
"For GuruShots, our primary focus is returning to growth. To achieve this, we are allocating resources to new feature introductions and enhancements designed to better attract and engage new users, versus previously relying mainly on legacy players to fuel the game's growth. While this transition may continue negatively impacting short-term revenue, we believe we are seeing the bottom of that curve. The changes we've implemented-including an enhanced onboarding process, a coin-based in-game economy, and the launch of Missions-are already showing promising early results. Looking ahead, the imminent release of Duels during the holiday season will add an exciting competitive PvP layer to the game, driving further engagement and retention.
對於GuruShots，我們的主要關注點是恢復增長。爲此，我們正在將資源分配給新功能的引入和增強，以更好地吸引和參與新用戶，而不是先前主要依賴傳統玩家來推動遊戲的增長。雖然這個過渡可能會繼續對短期營業收入產生負面影響，但我們相信我們已經看到了這一曲線的底部。我們實施的變更，包括增強的入職流程、基於硬幣的遊戲內經濟，以及任務的推出，已經顯示出有希望的早期結果。展望未來，假日季節即將推出的對抗賽將爲遊戲增添一個令人興奮的競爭PvP層，進一步推動參與度和保留率。
"Lastly, we remain committed to introducing new products to drive long-term growth. Projects like Wishcraft and AI Art Master, currently in beta, highlight our ability to foster innovation and agility. By centralizing our development platform, we can iterate quickly, prioritize initiatives that show promise and scale successful concepts while promptly cutting offerings that show less promise. This approach positions us to create incremental wins and breakthrough successes that will hopefully fuel Zedge's sustained growth in the years ahead and make $ZDGE a growth stock once again. In the meantime, we will continue to innovate in our offerings and take advantage of our value stock status with the $5 million share repurchase program that the board authorized," concluded Reich.
最後，我們仍然致力於推出新產品以推動長期增長。諸如Wishcraft和人工智能藝術大師等項目，目前仍在測試階段，凸顯了我們培養創新和敏捷性的能力。通過集中開發平台，我們可以快速迭代，優先考慮有前景的項目，並擴展成功的概念，同時及時淘汰那些前景不佳的產品。這種方法使我們能夠創造增量勝利和突破性成功，希望這將再次推動Zedge在未來幾年的可持續增長，並使$ZDGE成爲一隻增長股。與此同時，我們將繼續在我們的產品中創新，並利用我們價值股的地位，進行董事會授權的500萬美元股票回購計劃，"Reich總結道。
First Quarter Highlights (fiscal 2025 versus fiscal 2024)
第一季度亮點 (2025財年與2024財年比較)
Revenue increased 1.6% to $7.2 million;
GAAP operating loss of ($0.5) million, compared to operating income of $0.3 million;
GAAP net loss and loss per share (EPS) were ($0.3) million and ($0.02) compared to ($0.0) million and ($0.00), respectively;
Non-GAAP net loss and EPS were ($0.0) million ($0.00) compared to non-GAAP net income and EPS of $0.5 million and $0.04, respectively;
Adjusted EBITDA of $0.3 million;
Zedge Premium's GTV,increased 61.6% to $0.7 million.
營業收入增長1.6%，達到720萬;
GAAP營業虧損爲50萬美元，而去年同期爲營業收入30萬美元;
GAAP淨虧損和每股虧損（EPS）分別爲30萬美元和0.02美元，而去年同期爲0萬美元和0.00美元;
非GAAP淨虧損和每股虧損爲0萬美元（0.00美元），而去年同期的非GAAP淨收入和每股收益爲50萬美元和0.04美元;
調整後的EBITDA爲30萬美元;
Zedge Premium的總交易額（GTV）增長61.6%，達到70萬美元。
First Quarter Select Financial Metrics: FY25 versus FY24* |
||||||||||||
(in $M except for EPS) |
Q1 '25 |
Q1 '24 |
Change |
|||||||||
Total Revenue |
$ |
7.2 |
$ |
7.1 |
1.6% | |||||||
Advertising Revenue |
$ |
4.9 |
$ |
4.9 |
-1.3% | |||||||
Digital goods and services |
$ |
0.6 |
$ |
0.9 |
-31.8% | |||||||
Subscription Revenue |
$ |
1.2 |
$ |
1.0 |
21.1% | |||||||
Other Revenue |
$ |
0.5 |
$ |
0.2 |
122.5% | |||||||
GAAP Operating Income (Loss) |
$ |
(0.5) | $ |
0.3 |
-242.7% | |||||||
Operating Margin |
-6.4% | 4.5% | ||||||||||
GAAP Net Loss |
$ |
(0.3) | $ |
(0.0) | nm |
|||||||
GAAP Diluted Loss Per Share |
$ |
(0.02) | $ |
0.00 |
nm |
|||||||
Non-GAAP Net Income (Loss) |
$ |
(0.0) | $ |
0.5 |
nm |
|||||||
Non- GAAP Diluted Earnings (Loss) Per Share |
$ |
(0.00) | $ |
0.04 |
nm |
|||||||
Adjusted EBITDA |
$ |
0.3 |
$ |
1.5 |
-81.2% | |||||||
Cash Flow from Operations |
$ |
1.2 |
$ |
1.3 |
-7.1% | |||||||
nm = not measurable/meaningful |
||||||||||||
*numbers may not add due to rounding |
||||||||||||
第一季度財務指標選擇：FY25 對比 FY24* |
||||||||||||
（金額單位：百萬美元，除每股收益外） |
2025年第一季度 |
2024財年第一季度 |
變更 |
|||||||||
總營業收入 |
$ |
7.2 |
$ |
7.1 |
1.6% | |||||||
廣告收入 |
$ |
4.9 |
$ |
4.9 |
-1.3% | |||||||
數字商品和服務 |
$ |
0.6 |
$ |
0.9 |
-31.8% | |||||||
訂閱收入 |
$ |
1.2 |
$ |
1.0 |
21.1% | |||||||
其他營業收入 |
$ |
0.5 |
$ |
0.2 |
122.5% | |||||||
GAAP營業收入（損失） |
$ |
(0.5) | $ |
0.3 |
-242.7% | |||||||
營業利潤率 |
-6.4% | 4.5% | ||||||||||
公認會計原則下的淨虧損 |
$ |
(0.3) | $ |
(0.0) | nm |
|||||||
按照美國通用會計準則攤薄後每股虧損 |
$ |
(0.02) | $ |
0.00 |
nm |
|||||||
非公認會計准則淨利潤（虧損） |
$ |
(0.0) | $ |
0.5 |
nm |
|||||||
非GAAP攤薄後每股收益（損失） |
$ |
(0.00) | $ |
0.04 |
nm |
|||||||
調整後的EBITDA |
$ |
0.3 |
$ |
1.5 |
-81.2% | |||||||
來自運營的現金流 |
$ |
1.2 |
$ |
1.3 |
-7.1% | |||||||
nm = 不可測量/無意義 |
||||||||||||
*數字可能因四捨五入而不相加 |
||||||||||||
Select Zedge Marketplace Metrics: FY25 versus FY24* | ||||||||||||
(in MM except for ARPMAU and where noted) |
Q1 '25 |
Q1 '24 |
Change |
|||||||||
Total Installs - Cumulative |
685.5 |
625.3 |
9.6% | |||||||||
MAU |
25.0 |
28.5 |
-12.3% | |||||||||
Well-developed Markets |
5.5 |
6.2 |
-10.8% | |||||||||
Emerging Markets |
19.5 |
22.3 |
-12.7% | |||||||||
Active Subscriptions (in 000s) |
698 |
648 |
7.7% | |||||||||
ARPMAU |
$ |
0.077 |
$ |
0.063 |
22.1% | |||||||
Zedge Premium - Gross Transaction Value (GTV) |
$ |
0.7 |
$ |
0.4 |
61.6% | |||||||
*numbers may not add due to rounding |
||||||||||||
選擇Zedge市場指標：FY25與FY24* | ||||||||||||
(以百萬爲單位，除非註明的ARPMAU) |
2025年第一季度 |
2024財年第一季度 |
變更 |
|||||||||
總安裝量 - 累積 |
685.5 |
625.3 |
9.6% | |||||||||
月活躍用戶數 |
25.0 |
28.5 |
-12.3% | |||||||||
發達市場 |
5.5 |
6.2 |
-10.8% | |||||||||
新興市場 |
19.5 |
22.3 |
-12.7% | |||||||||
活躍訂閱用戶數（以千爲單位） |
698 |
648 |
7.7% | |||||||||
ARPMAU |
$ |
0.077 |
$ |
0.063 |
22.1% | |||||||
zedge高級 - 總交易價值（GTV） |
$ |
0.7 |
$ |
0.4 |
61.6% | |||||||
*數字可能因四捨五入而不相加 |
||||||||||||
1 We use the following business metrics in this release because we believe they are useful in evaluating Zedge's operational performance.
我們在本次發佈中使用以下業務指標，因爲我們認爲它們對評估Zedge的運營表現很有幫助。
Monthly active users, or MAU, captures the number of unique users that used our Zedge App during the previous 30 days of the relevant period, is useful for evaluating consumer engagement with our App, which correlates to advertising revenue as more users drive more ad impressions for sale. It also allows readers and potential advertisers to evaluate the size of our user base.
Zedge Premium Gross Transaction Value, or GTV, is the total dollar amount of transactions conducted through Zedge Premium. As Zedge Premium is an internal focus for growth, we believe this metric will help investors evaluate our progress in growing this part of our business.
Average Revenue Per Monthly Active User for our Zedge App, or ARPMAU, is useful in evaluating how well we monetize our user base.
An Active Subscription is a subscription that has commenced and not been canceled, including paused subscriptions and subscriptions in free trials, grace periods, or account hold. This is important because it is a source of recurring revenue.
Total Installs - Cumulative measures the number of times the Zedge App has been downloaded since inception.
月活躍用戶數，或MAU，捕捉了在相關期間的前30天中使用我們Zedge應用的唯一用戶數量，這對評估用戶與我們應用的互動非常有用，這與廣告收入相關，因爲更多的用戶會推動更多的廣告展示出售。它還允許讀者和潛在廣告客戶評估我們的用戶基礎規模。
Zedge Premium總交易值，或GTV，是通過Zedge Premium進行的交易的總美元金額。由於Zedge Premium是我們內部專注的增長部分，我們認爲這一指標將幫助投資者評估我們在發展這一部分業務的進展。
我們Zedge應用的平均每月活躍用戶收入，或ARPMAU，對於評估我們如何貨幣化我們的用戶基礎非常有用。
活躍訂閱是指已經開始並未被取消的訂閱，包括暫停的訂閱和處於免費試用、寬限期或帳戶持有狀態的訂閱。這一點很重要，因爲它是Recurring Revenue的一個來源。
總安裝次數 - 累積衡量了自開始以來 zedge 應用程序被下載的次數。
2 Throughout this release, Non-GAAP Net Income, Non-GAAP EPS and Adjusted EBITDA are non-GAAP financial measures intended to provide useful information that supplement Zedge's results in accordance with GAAP. Please refer to the Reconciliation of Non-GAAP Financial measures at the end of this release for an explanation of Zedge's formulations of Non-GAAP Net Income, Non-GAAP EPS and Adjusted EBITDA and reconciliations to the most directly comparable GAAP measures.
在本次發佈中，非GAAP淨利潤、非GAAP每股收益和調整後的EBITDA是非GAAP財務指標，旨在提供有用的信息，以補充Zedge的GAAP結果。請參考本次發佈末尾的非GAAP財務指標的調節，以解釋Zedge對非GAAP淨利潤、非GAAP每股收益和調整後EBITDA的表述以及與最直接可比的GAAP指標的調節。
Trended Financial Information* |
||||||||||||||||||||||||||||||||||||||||||||
(in $M except for EPS, ARPMAU, Paid Subscriptions) |
Q123 |
Q223 |
Q323 |
Q423 |
Q124 |
Q224 |
Q324 |
Q424 |
Q125 |
FY23 |
FY24 |
|||||||||||||||||||||||||||||||||
Total Revenue |
$ |
6.9 |
$ |
7.0 |
$ |
6.7 |
$ |
6.6 |
$ |
7.1 |
$ |
7.8 |
$ |
7.7 |
$ |
7.6 |
$ |
7.2 |
$ |
27.2 |
$ |
30.1 |
||||||||||||||||||||||
Advertising Revenue |
$ |
4.5 |
$ |
4.6 |
$ |
4.6 |
$ |
4.6 |
$ |
4.9 |
$ |
5.5 |
$ |
5.5 |
$ |
5.2 |
$ |
4.9 |
$ |
18.3 |
$ |
21.0 |
||||||||||||||||||||||
Digital goods and services |
$ |
1.3 |
$ |
1.2 |
$ |
1.1 |
$ |
1.0 |
$ |
0.9 |
$ |
0.9 |
$ |
0.9 |
$ |
0.7 |
$ |
0.6 |
$ |
4.6 |
$ |
3.5 |
||||||||||||||||||||||
Subscription Revenue |
$ |
0.9 |
$ |
0.9 |
$ |
0.8 |
$ |
0.9 |
$ |
1.0 |
$ |
1.1 |
$ |
1.1 |
$ |
1.2 |
$ |
1.2 |
$ |
3.5 |
$ |
4.3 |
||||||||||||||||||||||
Other Revenue |
$ |
0.2 |
$ |
0.2 |
$ |
0.2 |
$ |
0.2 |
$ |
0.2 |
$ |
0.3 |
$ |
0.2 |
$ |
0.5 |
$ |
0.5 |
$ |
0.8 |
$ |
1.2 |
||||||||||||||||||||||
GAAP Operating Income (Loss) |
$ |
(0.2) | $ |
1.5 |
$ |
(8.4) | $ |
0.2 |
$ |
0.3 |
(11.9) | $ |
(0.1) | $ |
(0.1) | $ |
(0.5) | $ |
(6.9) | (11.8) | ||||||||||||||||||||||||
GAAP Net Income (Loss) |
$ |
(0.2) | $ |
1.6 |
$ |
(7.7) | $ |
0.2 |
$ |
(0.0) | $ |
(9.2) | $ |
0.1 |
$ |
(0.0) | $ |
(0.3) | $ |
(6.1) | $ |
(9.2) | ||||||||||||||||||||||
GAAP Diluted Earnings (Loss) Per Share |
$ |
(0.01) | $ |
0.11 |
$ |
(0.55) | $ |
0.01 |
$ |
0.00 |
$ |
(0.66) | $ |
0.01 |
$ |
(0.00) | $ |
(0.02) | $ |
(0.44) | $ |
(0.65) | ||||||||||||||||||||||
Non GAAP Net Income |
$ |
0.2 |
$ |
0.8 |
$ |
0.3 |
$ |
0.6 |
$ |
0.5 |
$ |
0.5 |
$ |
0.5 |
$ |
0.3 |
$ |
(0.0) | $ |
1.9 |
$ |
1.8 |
||||||||||||||||||||||
Non-GAAP Diluted EPS |
$ |
0.01 |
$ |
0.06 |
$ |
0.02 |
$ |
0.04 |
$ |
0.04 |
$ |
0.04 |
$ |
0.03 |
$ |
0.02 |
$ |
(0.00) | $ |
0.13 |
$ |
0.13 |
||||||||||||||||||||||
Adjusted EBITDA |
$ |
1.0 |
$ |
1.4 |
$ |
1.7 |
$ |
1.6 |
$ |
1.5 |
$ |
1.5 |
$ |
0.9 |
$ |
0.8 |
$ |
0.3 |
$ |
5.7 |
$ |
4.7 |
||||||||||||||||||||||
Adjusted EBITDA Margin |
13.8 |
20.5 |
25.4 |
24.2 |
21.7 |
19.9 |
11.1 |
10.2 |
4.0 |
20.9 |
15.6 |
|||||||||||||||||||||||||||||||||
Cash Flow from Operations |
$ |
1.1 |
$ |
0.0 |
$ |
1.6 |
$ |
0.4 |
$ |
1.3 |
$ |
1.6 |
$ |
2.3 |
$ |
1.2 |
$ |
1.2 |
$ |
3.2 |
$ |
6.3 |
||||||||||||||||||||||
MAU |
31.9 |
32.2 |
32.0 |
30.9 |
28.5 |
28.7 |
27.7 |
26.1 |
25.0 |
nm |
nm |
|||||||||||||||||||||||||||||||||
Well-developed Markets |
7.1 |
7.4 |
7.2 |
6.8 |
6.2 |
6.2 |
6.0 |
5.5 |
5.5 |
nm |
nm |
|||||||||||||||||||||||||||||||||
Emerging Markets |
24.8 |
24.8 |
24.8 |
24.1 |
22.3 |
22.5 |
21.7 |
20.6 |
19.5 |
nm |
nm |
|||||||||||||||||||||||||||||||||
Active Subscriptions (in 000s) |
674 |
654 |
631 |
647 |
648 |
648 |
654 |
669 |
698 |
nm |
nm |
|||||||||||||||||||||||||||||||||
ARPMAU |
$ |
0.054 |
$ |
0.052 |
$ |
0.053 |
$ |
0.055 |
$ |
0.063 |
$ |
0.072 |
$ |
0.074 |
$ |
0.079 |
$ |
0.077 |
nm |
nm |
||||||||||||||||||||||||
Zedge Premium - GTV |
$ |
0.3 |
$ |
0.4 |
$ |
0.4 |
$ |
0.4 |
$ |
0.4 |
$ |
0.5 |
$ |
0.6 |
$ |
0.6 |
$ |
0.7 |
$ |
1.5 |
$ |
2.1 |
||||||||||||||||||||||
趨勢財務信息* |
||||||||||||||||||||||||||||||||||||||||||||
（金額單位：百萬美元，除每股收益、平均每月活躍用戶數、付費訂閱外） |
Q123 |
Q223 |
Q323 |
Q423 |
Q124 |
Q224 |
Q324 |
Q424 |
Q125 |
FY23 |
財政年度24 |
|||||||||||||||||||||||||||||||||
總營業收入 |
$ |
6.9 |
$ |
7.0 |
$ |
6.7 |
$ |
6.6 |
$ |
7.1 |
$ |
7.8 |
$ |
7.7 |
$ |
7.6 |
$ |
7.2 |
$ |
27.2 |
$ |
30.1 |
||||||||||||||||||||||
廣告收入 |
$ |
4.5 |
$ |
4.6 |
$ |
4.6 |
$ |
4.6 |
$ |
4.9 |
$ |
5.5 |
$ |
5.5 |
$ |
5.2 |
$ |
4.9 |
$ |
18.3 |
$ |
21.0 |
||||||||||||||||||||||
數字商品和服務 |
$ |
1.3 |
$ |
1.2 |
$ |
1.1 |
$ |
1.0 |
$ |
0.9 |
$ |
0.9 |
$ |
0.9 |
$ |
0.7 |
$ |
0.6 |
$ |
4.6 |
$ |
3.5 |
||||||||||||||||||||||
訂閱營業收入 |
$ |
0.9 |
$ |
0.9 |
$ |
0.8 |
$ |
0.9 |
$ |
1.0 |
$ |
1.1 |
$ |
1.1 |
$ |
1.2 |
$ |
1.2 |
$ |
3.5 |
$ |
4.3 |
||||||||||||||||||||||
其他營業收入 |
$ |
0.2 |
$ |
0.2 |
$ |
0.2 |
$ |
0.2 |
$ |
0.2 |
$ |
0.3 |
$ |
0.2 |
$ |
0.5 |
$ |
0.5 |
$ |
0.8 |
$ |
1.2 |
||||||||||||||||||||||
公認會計原則營業收入（虧損） |
$ |
(0.2) | $ |
1.5 |
$ |
(8.4) | $ |
0.2 |
$ |
0.3 |
(11.9) | $ |
(0.1) | $ |
(0.1) | $ |
(0.5) | $ |
(6.9) | (11.8) | ||||||||||||||||||||||||
公認會計原則淨利潤（虧損） |
$ |
(0.2) | $ |
1.6 |
$ |
(7.7) | $ |
0.2 |
$ |
(0.0) | $ |
(9.2) | $ |
0.1 |
$ |
(0.0) | $ |
(0.3) | $ |
(6.1) | $ |
(9.2) | ||||||||||||||||||||||
按照普通會計準則攤薄後每股收益（虧損） |
$ |
(0.01) | $ |
0.11 |
$ |
(0.55) | $ |
0.01 |
$ |
0.00 |
$ |
(0.66) | $ |
0.01 |
$ |
(0.00) | $ |
(0.02) | $ |
(0.44) | $ |
(0.65) | ||||||||||||||||||||||
非GAAP淨利潤 |
$ |
0.2 |
$ |
0.8 |
$ |
0.3 |
$ |
0.6 |
$ |
0.5 |
$ |
0.5 |
$ |
0.5 |
$ |
0.3 |
$ |
(0.0) | $ |
1.9 |
$ |
1.8 |
||||||||||||||||||||||
非GAAP攤薄後每股收益 |
$ |
0.01 |
$ |
0.06 |
$ |
0.02 |
$ |
0.04 |
$ |
0.04 |
$ |
0.04 |
$ |
0.03 |
$ |
0.02 |
$ |
(0.00) | $ |
0.13 |
$ |
0.13 |
||||||||||||||||||||||
調整後的EBITDA |
$ |
1.0 |
$ |
1.4 |
$ |
1.7 |
$ |
1.6 |
$ |
1.5 |
$ |
1.5 |
$ |
0.9 |
$ |
0.8 |
$ |
0.3 |
$ |
5.7 |
$ |
4.7 |
||||||||||||||||||||||
調整後的 EBITDA 利潤率 |
13.8 |
20.5 |
25.4 |
24.2 |
21.7 |
19.9 |
11.1 |
10.2 |
4.0 |
20.9 |
15.6 |
|||||||||||||||||||||||||||||||||
經營活動產生的現金流 |
$ |
1.1 |
$ |
0.0 |
$ |
1.6 |
$ |
0.4 |
$ |
1.3 |
$ |
1.6 |
$ |
2.3 |
$ |
1.2 |
$ |
1.2 |
$ |
3.2 |
$ |
6.3 |
||||||||||||||||||||||
月活躍用戶數 |
31.9 |
32.2 |
32.0 |
30.9 |
28.5 |
28.7 |
27.7 |
26.1 |
25.0 |
nm |
nm |
|||||||||||||||||||||||||||||||||
發達市場 |
7.1 |
7.4 |
7.2 |
6.8 |
6.2 |
6.2 |
6.0 |
5.5 |
5.5 |
nm |
nm |
|||||||||||||||||||||||||||||||||
新興市場 |
24.8 |
24.8 |
24.8 |
24.1 |
22.3 |
22.5 |
21.7 |
20.6 |
19.5 |
nm |
nm |
|||||||||||||||||||||||||||||||||
活躍訂閱用戶數（單位：千） |
674 |
654 |
631 |
647 |
648 |
648 |
654 |
669 |
698 |
nm |
nm |
|||||||||||||||||||||||||||||||||
ARPMAU |
$ |
0.054 |
$ |
0.052 |
$ |
0.053 |
$ |
0.055 |
$ |
0.063 |
$ |
0.072 |
$ |
0.074 |
$ |
0.079 |
$ |
0.077 |
nm |
nm |
||||||||||||||||||||||||
zedge高級- GTV |
$ |
0.3 |
$ |
0.4 |
$ |
0.4 |
$ |
0.4 |
$ |
0.4 |
$ |
0.5 |
$ |
0.6 |
$ |
0.6 |
$ |
0.7 |
$ |
1.5 |
$ |
2.1 |
||||||||||||||||||||||
nm = not measurable/meaningful
*numbers may not add due to rounding
nm = 不可測量/不具意義
*數字可能因四捨五入而不完全相加
Earnings Announcement and Supplemental Information
業績公告和補充信息
Management will host an earnings conference call beginning at 10:00 a.m. Eastern to discuss its results, outlook, and strategy, followed by a Q&A with investors.
管理層將在東部時間上午10點主持業績電話會議，討論其業績、前景和策略，隨後與投資者進行問答環節。
Live Call-in Info:
Toll Free: 888-506-0062
International: 973-528-0011
Participant Access Code: 118473
Webcast URL:
現場參與電話信息:
免費電話：888-506-0062
國際電話：973-528-0011
參與者訪問代碼：118473
網絡廣播網址：
Replay:
Toll Free: 877-481-4010
International: 919-882-2331
Replay Passcode: 51726
重播：
免費電話: 877-481-4010
國際電話: 919-882-2331
回放密碼: 51726
About Zedge
Zedge empowers tens of millions of consumers and creators each month with its suite of interconnected platforms that enable creativity, self-expression and e-commerce and foster community through fun competitions. Zedge's ecosystem of product offerings includes the Zedge Marketplace, a freemium marketplace offering mobile phone wallpapers, video wallpapers, ringtones, notification sounds, and pAInt, a generative AI image maker; GuruShots, "The World's Greatest Photography Game," a skill-based photo challenge game; and Emojipedia, the #1 trusted source for 'all things emoji.' For more information, visit: investor.zedge.net
關於zedge
Zedge每月使數千萬消費者和創作者能夠利用其互聯平台套件，促進創造力、自我表達和電子商務，並通過有趣的競爭培養社區。Zedge的產品生態系統包括Zedge市場，一個提供手機壁紙、視頻壁紙、鈴聲、通知音效的免費增值市場，以及pAInt，一個生成的人工智能圖像發電機；GuruShots，「世界上最偉大的攝影遊戲」，一個基於技能的攝影挑戰遊戲；以及Emojipedia，#1值得信賴的「所有表情符號事物」來源。有關更多信息，請訪問: investor.zedge.net
Follow us on X: @Zedge
在X上關注我們：@Zedge
Follow us on LinkedIn
在LinkedIn上關注我們
Forward-Looking Statements
All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words "believe," "anticipate," "expect," "plan," "intend," "estimate," "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks and should be consulted along with this release. To the extent permitted under applicable law, we assume no obligation to update any forward-looking statements.
前瞻性聲明
以上所有聲明都不僅僅涉及歷史事實，包括但不限於那些使用「相信」、「預計」、「計劃」、「意圖」、「估計」、「目標」和類似表述的聲明，都屬於《1995年私人證券訴訟改革法案》中的前瞻性聲明。雖然這些前瞻性聲明代表了我們對未來可能發生的判斷，但由於衆多重要因素，實際結果可能與這些聲明所表達的結果存在實質性差別。我們向證券交易委員會提交的文件提供了詳細的有關這些聲明和風險的信息，應與本發佈稿一起進行研究。在適用法律的範圍內，我們不承擔更新任何前瞻性聲明的義務。
Contact:
Brian Siegel, IRC, MBA
Senior Managing Director
Hayden IR
(346) 396-8696
ir@zedge.net
聯繫：
布賴恩·西格爾，鐵貨，MBA
高級董事
海登IR
(346) 396-8696
ir@zedge.net
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands, except par value data)
簡化合並資產負債表
(以千爲單位，除面值數據外)
October 31, |
July 31, |
|||||||
2024 |
2024 |
|||||||
(Unaudited) |
||||||||
Assets |
||||||||
Current assets: |
||||||||
Cash and cash equivalents |
$ |
20,196 |
$ |
19,998 |
||||
Trade accounts receivable |
3,213 |
3,406 |
||||||
Prepaid expenses and other receivables |
754 |
593 |
||||||
Total current assets |
24,163 |
23,997 |
||||||
Property and equipment, net |
2,194 |
2,306 |
||||||
Intangible assets, net |
5,257 |
5,369 |
||||||
Goodwill |
1,812 |
1,824 |
||||||
Deferred tax assets, net |
4,344 |
4,344 |
||||||
Other assets |
428 |
355 |
||||||
Total assets |
$ |
38,198 |
$ |
38,195 |
||||
Liabilities and stockholders' equity |
||||||||
Current liabilities: |
||||||||
Trade accounts payable |
$ |
1,389 |
$ |
1,113 |
||||
Accrued expenses and other current liabilities |
2,865 |
2,969 |
||||||
Deferred revenues |
2,425 |
2,168 |
||||||
Total current liabilities |
6,679 |
6,250 |
||||||
Deferred revenues--non-current |
1,266 |
931 |
||||||
Other liabilities |
150 |
118 |
||||||
Total liabilities |
8,095 |
7,299 |
||||||
Stockholders' equity: |
||||||||
Preferred stock, $.01 par value; authorized shares-2,400; no shares issued and outstanding |
- |
- |
||||||
Class A common stock, $.01 par value; authorized shares-2,600; 525 shares issued and outstanding at October 31, 2024 and July 31, 2024 |
5 |
5 |
||||||
Class B common stock, $.01 par value; authorized shares-40,000; 14,896 shares issued and 13,619 shares outstanding at October 31, 2024, and 14,866 shares issued and 13,815 outstanding at July 31, 2024 |
149 |
149 |
||||||
Additional paid-in capital |
48,642 |
48,263 |
||||||
Accumulated other comprehensive loss |
(1,861) | (1,832) | ||||||
Accumulated deficit |
(13,452) | (13,113) | ||||||
Treasury stock, 1,277 shares at October 31, 2024 and 1,051 shares at July 31, 2024, at cost |
(3,380) | (2,576) | ||||||
Total stockholders' equity |
30,103 |
30,896 |
||||||
Total liabilities and stockholders' equity |
$ |
38,198 |
$ |
38,195 |
||||
10月31日， |
七月31日， |
|||||||
2024 |
2024 |
|||||||
(未經審計) |
||||||||
資產 |
||||||||
流動資產： |
||||||||
現金及現金等價物 |
$ |
20,196 |
$ |
19,998 |
||||
應收賬款 |
3,213 |
3,406 |
||||||
預付費用和其他應收款 |
754 |
593 |
||||||
總流動資產 |
24,163 |
23,997 |
||||||
物業及設備（淨額） |
2,194 |
2,306 |
||||||
無形資產，淨值 |
5,257 |
5,369 |
||||||
商譽 |
1,812 |
1,824 |
||||||
遞延所得稅資產，淨額 |
4,344 |
4,344 |
||||||
其他資產 |
428 |
355 |
||||||
總資產 |
$ |
38,198 |
$ |
38,195 |
||||
負債和股東權益 |
||||||||
流動負債： |
||||||||
應付賬款 |
$ |
1,389 |
$ |
1,113 |
||||
應計費用和其他流動負債 |
2,865 |
2,969 |
||||||
遞延收入 |
2,425 |
2,168 |
||||||
總流動負債 |
6,679 |
6,250 |
||||||
遞延收入--非流動性 |
1,266 |
931 |
||||||
其他負債 |
150 |
118 |
||||||
總負債 |
8,095 |
7,299 |
||||||
股東權益： |
||||||||
優先股，面值0.01美元；授權股份-2400股；無發行在外的股份 |
- |
- |
||||||
A類普通股，面值0.01美元；授權股份-2600股；截至2024年10月31日和2024年7月31日發行在外的股份爲525股 |
5 |
5 |
||||||
B類普通股，面值0.01美元；授權股份-40,000；截至2024年10月31日發行14,896股，流通13,619股，以及截至2024年7月31日發行14,866股，流通13,815股。 |
149 |
149 |
||||||
額外實收資本 |
48,642 |
48,263 |
||||||
累計其他綜合損失 |
(1,861) | (1,832) | ||||||
累計虧損 |
(13,452) | (13,113) | ||||||
到2024年10月31日的庫存股票爲1,277股，2024年7月31日爲1,051股，按成本計算 |
(3,380) | (2,576) | ||||||
股東權益總額 |
30,103 |
30,896 |
||||||
總負債和股東權益 |
$ |
38,198 |
$ |
38,195 |
||||
ZEDGE, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(in thousands, except per share data)
Zedge公司
濃縮合並運營和綜合損失報表
(以千爲單位，除每股數據外)
Three Months Ended |
||||||||
October 31, |
||||||||
2024 |
2023 |
|||||||
Revenues |
$ |
7,194 |
$ |
7,081 |
||||
Costs and expenses: |
||||||||
Direct cost of revenues (excluding amortization of capitalized software and technology development costs which is included below) |
461 |
486 |
||||||
Selling, general and administrative |
6,809 |
5,499 |
||||||
Depreciation and amortization |
381 |
775 |
||||||
(Loss) income from operations |
(457) | 321 |
||||||
Interest and other income, net |
181 |
81 |
||||||
Net loss resulting from foreign exchange transactions |
(14) | (219) | ||||||
(Loss) income before income taxes |
(290) | 183 |
||||||
Provision for income taxes |
49 |
198 |
||||||
Net loss |
$ |
(339) | $ |
(15) | ||||
Other comprehensive loss: |
||||||||
Changes in foreign currency translation adjustment |
(29) | (367) | ||||||
Total other comprehensive loss |
(29) | (367) | ||||||
Total comprehensive loss |
$ |
(368) | $ |
(382) | ||||
Loss per share attributable to Zedge, Inc. common stockholders: |
||||||||
Basic |
$ |
(0.02) | $ |
0.00 |
||||
Diluted |
$ |
(0.02) | $ |
0.00 |
||||
Weighted-average number of shares used in calculation of loss per share: |
||||||||
Basic |
14,086 |
13,975 |
||||||
Diluted |
14,086 |
13,975 |
||||||
截至三個月 |
||||||||
10月31日， |
||||||||
2024 |
2023 |
|||||||
營業收入 |
$ |
7,194 |
$ |
7,081 |
||||
成本和費用： |
||||||||
營業收入的直接成本（排除資本化軟件和科技開發成本的攤銷，後面會包括這些） |
461 |
486 |
||||||
銷售、一般和行政 |
6,809 |
5,499 |
||||||
折舊和攤銷 |
381 |
775 |
||||||
（損失）營業收入 |
(457) | 321 |
||||||
利息及其他收入淨額 |
181 |
81 |
||||||
因匯率期貨交易而導致的淨虧損 |
(14) | (219) | ||||||
(虧損) 收入所得稅之前的收入 |
(290) | 183 |
||||||
所得稅準備 |
49 |
198 |
||||||
淨損失 |
$ |
(339) | $ |
(15) | ||||
其他全面損失： |
||||||||
外幣換算調整的變化 |
(29) | (367) | ||||||
總的其他綜合損失 |
(29) | (367) | ||||||
總綜合損失 |
$ |
(368) | $ |
(382) | ||||
歸屬於Zedge, Inc.普通股股東的每股虧損： |
||||||||
基本 |
$ |
(0.02) | $ |
0.00 |
||||
稀釋 |
$ |
(0.02) | $ |
0.00 |
||||
計算每股虧損時使用的加權平均股份數： |
||||||||
基本 |
14,086 |
13,975 |
||||||
稀釋 |
14,086 |
13,975 |
||||||
ZEDGE, INC.
CONDENSEDCONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
ZEDGE, INC.
現金流量的濃縮合並報表
(以千爲單位)
Three Months Ended |
||||||||
October 31, |
||||||||
2024 |
2023 |
|||||||
Operating activities |
||||||||
Net loss |
$ |
(339) | $ |
(15) | ||||
Adjustments to reconcile net loss to net cash provided by operating activities: |
||||||||
Depreciation |
16 |
14 |
||||||
Amortization of intangible assets |
112 |
579 |
||||||
Amortization of capitalized software and technology development costs |
253 |
182 |
||||||
Amortization of deferred financing costs |
- |
1 |
||||||
Stock-based compensation |
379 |
507 |
||||||
Impairment of investment in privately-held company |
- |
50 |
||||||
Change in assets and liabilities: |
||||||||
Trade accounts receivable |
193 |
(300) | ||||||
Prepaid expenses and other current assets |
(161) | (66) | ||||||
Other assets |
(41) | 14 |
||||||
Trade accounts payable and accrued expenses |
166 |
384 |
||||||
Deferred revenue |
592 |
(90) | ||||||
Net cash provided by operating activities |
1,170 |
1,260 |
||||||
Investing activities |
||||||||
Capitalized software and technology development costs |
(146) | (423) | ||||||
Purchase of property and equipment |
(11) | (22) | ||||||
Net cash used in investing activities |
(157) | (445) | ||||||
Financing activities |
||||||||
Proceeds from exercise of stock options |
- |
3 |
||||||
Purchase of treasury stock in connection with share buyback program and stock awards vesting |
(804) | (13) | ||||||
Net cash used in financing activities |
(804) | (10) | ||||||
Effect of exchange rate changes on cash and cash equivalents |
(11) | (185) | ||||||
Net increase in cash and cash equivalents |
198 |
620 |
||||||
Cash and cash equivalents at beginning of period |
19,998 |
18,125 |
||||||
Cash and cash equivalents at end of period |
$ |
20,196 |
$ |
18,745 |
||||
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION |
||||||||
Cash payments made for income taxes |
$ |
88 |
$ |
36 |
||||
Cash payments made for interest expenses |
$ |
- |
$ |
46 |
||||
截至三個月 |
||||||||
10月31日， |
||||||||
2024 |
2023 |
|||||||
運營活動 |
||||||||
淨損失 |
$ |
(339) | $ |
(15) | ||||
調整淨虧損與經營活動提供的淨現金的 reconciliate： |
||||||||
折舊 |
16 |
14 |
||||||
無形資產攤銷 |
112 |
579 |
||||||
資本化軟件和科技開發成本的攤銷 |
253 |
182 |
||||||
遞延融資費用攤銷 |
- |
1 |
||||||
基於股票的補償 |
379 |
507 |
||||||
對私營公司的投資減值 |
- |
50 |
||||||
資產和負債的變化： |
||||||||
應收賬款 |
193 |
(300) | ||||||
預付款項及其他流動資產 |
(161) | (66) | ||||||
其他資產 |
(41) | 14 |
||||||
應付賬款及應計費用 |
166 |
384 |
||||||
遞延收入 |
592 |
(90) | ||||||
經營活動提供的淨現金 |
1,170 |
1,260 |
||||||
投資活動 |
||||||||
資本化的軟件和科技開發成本 |
(146) | (423) | ||||||
購買房地產和設備 |
(11) | (22) | ||||||
投資活動中使用的淨現金 |
(157) | (445) | ||||||
融資活動 |
||||||||
股票期權行使所獲收益 |
- |
3 |
||||||
與股票回購計劃和股票獎勵歸屬相關的國債股票購買 |
(804) | (13) | ||||||
融資活動所使用的淨現金 |
(804) | (10) | ||||||
匯率變化對現金及現金等價物的影響 |
(11) | (185) | ||||||
現金及現金等價物淨增加額 |
198 |
620 |
||||||
期初的現金及現金等價物 |
19,998 |
18,125 |
||||||
期末現金及現金等價物 |
$ |
20,196 |
$ |
18,745 |
||||
現金流信息補充披露 |
||||||||
支付的所得稅現金 |
$ |
88 |
$ |
36 |
||||
現金支付的利息費用 |
$ |
- |
$ |
46 |
||||
Use of Non-GAAP Measures
使用非GAAP措施
Adjusted EBITDA, defined as earnings (loss) before interest, taxes, depreciation and amortization, stock compensation expense, transaction-related expenses and other non-recurring expenses, Adjusted EBITDA Margin, and non-GAAP net income and EPS (which adjust out stock compensation expense, transaction-related expenses and other non-recurring expenses from GAAP net income and EPS), represent measures that we believe are customarily used by investors and analysts to evaluate the financial performance of companies in addition to the GAAP measures we present. Our management also believes these measures are useful in evaluating our core operating results. However, these are not measures of financial performance under GAAP and should not be considered an alternative to net income or operating income/margin as an indicator of our operating performance or to net cash provided by operating activities as a measure of our liquidity.
調整後的息稅折舊攤銷前利潤（EBITDA）是指在扣除利息、稅收、折舊與攤銷、股票補償費用、與交易相關的費用以及其他非經常性費用之前的收益（損失），調整後的EBITDA利潤率，以及非GAAP淨利潤和每股收益（這些指標從GAAP淨利潤和每股收益中調整出股票補償費用、與交易相關的費用和其他非經常性費用），代表了我們認爲投資者和分析師通常用來評估公司的財務表現的指標，除了我們提供的GAAP指標外。我們的管理層也認爲這些指標在評估我們的核心運營結果時非常有用。然而，這些並不是GAAP下的財務表現指標，不應被視爲淨利潤或營業收入/利潤率的替代指標，作爲我們運營表現的指示，也不應被視爲營業活動提供的淨現金作爲我們流動性的衡量標準。
Reconciliation of Adjusted EBITDA to Net (Loss) Income |
Q123 |
Q223 |
Q323 |
Q423 |
Q124 |
Q224 |
Q324 |
Q424 |
Q125 |
FY23 |
FY24 |
|||||||||||||||||||||||||||||||||
Net (Loss) Income |
$ |
(0.2) | $ |
1.6 |
$ |
(7.7) | $ |
0.2 |
$ |
(0.0) | $ |
(9.2) | $ |
0.1 |
$ |
(0.0) | $ |
(0.3) | $ |
(6.1) | $ |
(9.2) | ||||||||||||||||||||||
Excluding: |
||||||||||||||||||||||||||||||||||||||||||||
Interest and other income (expense), net |
$ |
(0.0) | $ |
(0.1) | $ |
(0.1) | $ |
(0.1) | $ |
(0.1) | $ |
(0.2) | $ |
(0.2) | $ |
(0.2) | $ |
(0.2) | $ |
(0.3) | $ |
(0.6) | ||||||||||||||||||||||
Provision for (benefit from) income taxes |
$ |
(0.1) | $ |
0.1 |
$ |
(0.7) | $ |
0.2 |
$ |
0.2 |
$ |
(2.5) | $ |
(0.1) | $ |
0.2 |
$ |
0.0 |
$ |
(0.5) | $ |
(2.2) | ||||||||||||||||||||||
Depreciation and amortization |
$ |
0.8 |
$ |
0.8 |
$ |
0.9 |
$ |
0.8 |
$ |
0.8 |
$ |
0.8 |
$ |
0.6 |
$ |
0.3 |
$ |
0.4 |
$ |
3.3 |
$ |
2.5 |
||||||||||||||||||||||
EBITDA |
$ |
0.5 |
$ |
2.4 |
$ |
(7.6) | $ |
1.0 |
$ |
0.9 |
$ |
(11.1) | $ |
0.4 |
$ |
0.3 |
$ |
(0.1) | $ |
(3.6) | $ |
(9.5) | ||||||||||||||||||||||
Adjustments: |
||||||||||||||||||||||||||||||||||||||||||||
GuruShots acquisition related write-offs |
$ |
(0.2) | $ |
(1.8) | $ |
8.7 |
$ |
0.0 |
$ |
0.0 |
$ |
12.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
6.8 |
$ |
12.0 |
||||||||||||||||||||||
Stock-based compensation |
$ |
0.6 |
$ |
0.8 |
$ |
0.6 |
$ |
0.6 |
$ |
0.5 |
$ |
0.7 |
$ |
0.5 |
$ |
0.5 |
$ |
0.4 |
$ |
2.5 |
$ |
2.1 |
||||||||||||||||||||||
Transaction costs related to business combination |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.2 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.2 |
||||||||||||||||||||||
Adjusted EBITDA |
$ |
1.0 |
$ |
1.4 |
$ |
1.7 |
$ |
1.6 |
$ |
1.5 |
$ |
1.5 |
$ |
0.9 |
$ |
0.8 |
$ |
0.3 |
$ |
5.7 |
$ |
4.7 |
||||||||||||||||||||||
調整後的息稅折舊攤銷前利潤與淨（損失）利潤的對賬 |
第一季度2023 |
第二季度2023 |
第三季度2023 |
第四季度2023 |
Q124 |
Q224 |
Q324 |
Q424 |
Q125 |
FY23 |
財政年度24 |
|||||||||||||||||||||||||||||||||
淨（虧損）利潤 |
$ |
(0.2) | $ |
1.6 |
$ |
(7.7) | $ |
0.2 |
$ |
(0.0) | $ |
(9.2) | $ |
0.1 |
$ |
(0.0) | $ |
(0.3) | $ |
(6.1) | $ |
(9.2) | ||||||||||||||||||||||
不包括： |
||||||||||||||||||||||||||||||||||||||||||||
利息和其他收入（費用），淨額 |
$ |
(0.0) | $ |
(0.1) | $ |
(0.1) | $ |
(0.1) | $ |
(0.1) | $ |
(0.2) | $ |
(0.2) | $ |
(0.2) | $ |
(0.2) | $ |
(0.3) | $ |
(0.6) | ||||||||||||||||||||||
所得稅準備（收益） |
$ |
(0.1) | $ |
0.1 |
$ |
(0.7) | $ |
0.2 |
$ |
0.2 |
$ |
(2.5) | $ |
(0.1) | $ |
0.2 |
$ |
0.0 |
$ |
(0.5) | $ |
(2.2) | ||||||||||||||||||||||
折舊和攤銷 |
$ |
0.8 |
$ |
0.8 |
$ |
0.9 |
$ |
0.8 |
$ |
0.8 |
$ |
0.8 |
$ |
0.6 |
$ |
0.3 |
$ |
0.4 |
$ |
3.3 |
$ |
2.5 |
||||||||||||||||||||||
息稅折舊攤銷前利潤 |
$ |
0.5 |
$ |
2.4 |
$ |
(7.6) | $ |
1.0 |
$ |
0.9 |
$ |
(11.1) | $ |
0.4 |
$ |
0.3 |
$ |
(0.1) | $ |
(3.6) | $ |
(9.5) | ||||||||||||||||||||||
調整： |
||||||||||||||||||||||||||||||||||||||||||||
GuruShots收購相關的資產減值 |
$ |
(0.2) | $ |
(1.8) | $ |
8.7 |
$ |
0.0 |
$ |
0.0 |
$ |
12.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
6.8 |
$ |
12.0 |
||||||||||||||||||||||
基於股票的補償 |
$ |
0.6 |
$ |
0.8 |
$ |
0.6 |
$ |
0.6 |
$ |
0.5 |
$ |
0.7 |
$ |
0.5 |
$ |
0.5 |
$ |
0.4 |
$ |
2.5 |
$ |
2.1 |
||||||||||||||||||||||
與業務組合相關的交易成本 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.2 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.2 |
||||||||||||||||||||||
調整後的EBITDA |
$ |
1.0 |
$ |
1.4 |
$ |
1.7 |
$ |
1.6 |
$ |
1.5 |
$ |
1.5 |
$ |
0.9 |
$ |
0.8 |
$ |
0.3 |
$ |
5.7 |
$ |
4.7 |
||||||||||||||||||||||
*numbers may not add due to rounding
*數字可能因四捨五入而不相加
Reconciliation of GAAP Net (Loss) Income to Non-GAAP Net Income |
Q123 |
Q223 |
Q323 |
Q423 |
Q124 |
Q224 |
Q324 |
Q424 |
Q125 |
FY23 |
FY24 |
|||||||||||||||||||||||||||||||||
GAAP Net (Loss) Income |
$ |
(0.2) | $ |
1.6 |
$ |
(7.7) | $ |
0.2 |
$ |
(0.0) | $ |
(9.2) | $ |
0.1 |
$ |
(0.0) | $ |
(0.3) | $ |
(6.1) | $ |
(9.2) | ||||||||||||||||||||||
Adjustments: |
||||||||||||||||||||||||||||||||||||||||||||
GuruShots acquisition related write-offs |
$ |
(0.2) | $ |
(1.8) | $ |
8.7 |
$ |
0.0 |
$ |
0.0 |
$ |
12.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
6.8 |
$ |
12.0 |
||||||||||||||||||||||
Stock-based compensation |
$ |
0.6 |
$ |
0.8 |
$ |
0.6 |
$ |
0.6 |
$ |
0.5 |
$ |
0.7 |
$ |
0.5 |
$ |
0.5 |
$ |
0.4 |
$ |
2.5 |
$ |
2.1 |
||||||||||||||||||||||
Transaction costs related to business combination |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.2 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.2 |
||||||||||||||||||||||
Income tax effect on non-GAAP items |
$ |
(0.1) | $ |
0.2 |
$ |
(1.3) | $ |
(0.1) | $ |
(0.2) | $ |
(2.9) | $ |
(0.1) | $ |
(0.1) | $ |
(0.1) | $ |
(1.3) | $ |
(3.3) | ||||||||||||||||||||||
Non-GAAP Net Income |
$ |
0.2 |
$ |
0.8 |
$ |
0.3 |
$ |
0.6 |
$ |
0.5 |
$ |
0.5 |
$ |
0.5 |
$ |
0.3 |
$ |
(0.0) | $ |
1.9 |
$ |
1.8 |
||||||||||||||||||||||
Non-GAAP basic EPS |
$ |
0.01 |
$ |
0.06 |
$ |
0.02 |
$ |
0.04 |
$ |
0.04 |
$ |
0.04 |
$ |
0.03 |
$ |
0.02 |
$ |
(0.00) | $ |
0.13 |
$ |
0.13 |
||||||||||||||||||||||
Non-GAAP diluted EPS |
$ |
0.01 |
$ |
0.06 |
$ |
0.02 |
$ |
0.04 |
$ |
0.04 |
$ |
0.04 |
$ |
0.03 |
$ |
0.02 |
$ |
(0.00) | $ |
0.13 |
$ |
0.13 |
||||||||||||||||||||||
Weighted average shares used to compute Non-GAAP basic earnings per share |
14.3 |
14.1 |
14.0 |
13.9 |
14.0 |
14.1 |
14.2 |
14.1 |
14.1 |
14.1 |
14.1 |
|||||||||||||||||||||||||||||||||
Weighted average shares used to compute Non-GAAP diluted earnings per share |
14.3 |
14.3 |
14.0 |
13.9 |
14.0 |
14.1 |
14.5 |
14.5 |
14.1 |
14.1 |
14.1 |
|||||||||||||||||||||||||||||||||
GAAP淨（虧損）收入與非GAAP淨收入的調節 |
2023年第一季度 |
2023年第二季度 |
2023年第三季度 |
2023年第四季度 |
2024年第一季度 |
2024年第二季度 |
Q324 |
Q424 |
Q125 |
FY23 |
財政年度24 |
|||||||||||||||||||||||||||||||||
GAAP淨（虧損）收入 |
$ |
(0.2) | $ |
1.6 |
$ |
(7.7) | $ |
0.2 |
$ |
(0.0) | $ |
(9.2) | $ |
0.1 |
$ |
(0.0) | $ |
(0.3) | $ |
(6.1) | $ |
(9.2) | ||||||||||||||||||||||
調整： |
||||||||||||||||||||||||||||||||||||||||||||
GuruShots收購相關的減值損失 |
$ |
(0.2) | $ |
(1.8) | $ |
8.7 |
$ |
0.0 |
$ |
0.0 |
$ |
12.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
6.8 |
$ |
12.0 |
||||||||||||||||||||||
基於股票的補償 |
$ |
0.6 |
$ |
0.8 |
$ |
0.6 |
$ |
0.6 |
$ |
0.5 |
$ |
0.7 |
$ |
0.5 |
$ |
0.5 |
$ |
0.4 |
$ |
2.5 |
$ |
2.1 |
||||||||||||||||||||||
與業務合併相關的交易成本 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.2 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.0 |
$ |
0.2 |
||||||||||||||||||||||
非GAAP項目的所得稅影響 |
$ |
(0.1) | $ |
0.2 |
$ |
(1.3) | $ |
(0.1) | $ |
(0.2) | $ |
(2.9) | $ |
(0.1) | $ |
(0.1) | $ |
(0.1) | $ |
(1.3) | $ |
(3.3) | ||||||||||||||||||||||
非公認會計原則淨利潤 |
$ |
0.2 |
$ |
0.8 |
$ |
0.3 |
$ |
0.6 |
$ |
0.5 |
$ |
0.5 |
$ |
0.5 |
$ |
0.3 |
$ |
(0.0) | $ |
1.9 |
$ |
1.8 |
||||||||||||||||||||||
非美國通用會計準則基本每股收益 |
$ |
0.01 |
$ |
0.06 |
$ |
0.02 |
$ |
0.04 |
$ |
0.04 |
$ |
0.04 |
$ |
0.03 |
$ |
0.02 |
$ |
(0.00) | $ |
0.13 |
$ |
0.13 |
||||||||||||||||||||||
攤薄後每股收益（非按美國通用會計原則GAAP） |
$ |
0.01 |
$ |
0.06 |
$ |
0.02 |
$ |
0.04 |
$ |
0.04 |
$ |
0.04 |
$ |
0.03 |
$ |
0.02 |
$ |
(0.00) | $ |
0.13 |
$ |
0.13 |
||||||||||||||||||||||
用於計算非公認會計原則基本每股收益的加權平均股份 |
14.3 |
14.1 |
14.0 |
13.9 |
14.0 |
14.1 |
14.2 |
14.1 |
14.1 |
14.1 |
14.1 |
|||||||||||||||||||||||||||||||||
用於計算非公認會計原則攤薄後每股收益的加權平均股份數 |
14.3 |
14.3 |
14.0 |
13.9 |
14.0 |
14.1 |
14.5 |
14.5 |
14.1 |
14.1 |
14.1 |
|||||||||||||||||||||||||||||||||
*numbers may not add due to rounding
*數字可能因四捨五入而不相加
SOURCE: Zedge, Inc.
來源：zedge，inc。
譯文內容由第三人軟體翻譯。
