Zedge Announces Second Quarter Fiscal 2024 Results
Zedge Announces Second Quarter Fiscal 2024 Results
NEW YORK, NY / ACCESSWIRE / March 15, 2024 / Zedge, Inc. (NYSE AMERICAN:ZDGE), a leader in building digital marketplaces and friendly competitive games around content that people use to express themselves, today announced results for its second quarter of fiscal 2024, ended January 31, 2024.
紐約州紐約/ACCESSWIRE/2024年3月15日/圍繞人們用來表達自己的內容建設數字市場和友好競爭遊戲的領導者Zedge, Inc.（紐約證券交易所美國股票代碼：ZDGE）今天公佈了截至2024年1月31日的2024財年第二季度業績。
"I'm encouraged by the overall positive momentum we experienced during the second quarter as most of our businesses reported strong results," said Jonathan Reich, Zedge's chief executive officer. "Advertising revenue grew by over 18% from last year based on strong performance from the Zedge Marketplace. Additionally, Zedge+, the Zedge Marketplace's subscription offering, reported 11% sequential and 24% year-over-year revenue growth. The introduction of iOS subscriptions in late fiscal 2023, coupled with upgrading our Android subscription offering, has resulted in revenue and margin expansion as we attract new subscribers that monetize at a premium when compared to the ad-supported tier. Zedge Premium grew by 21% from last year, benefitting from increased pAInt use as we continued to expand the opportunity both for Zedge Marketplace users and introduced the functionality on the web. When taken together with the ongoing optimization of our advertising stack, these factors led to record ARPMAU1with 37% year-over-year growth.
Zedge首席執行官喬納森·賴希表示：“由於我們的大多數業務都公佈了強勁的業績，我們在第二季度出現了整體積極勢頭，這讓我感到鼓舞。”“基於Zedge市場的強勁表現，廣告收入比去年增長了18％以上。此外，Zedge市場的訂閱產品Zedge+報告收入連續增長11％，同比增長24％。2023 財年末推出 iOS 訂閱，加上我們升級的 Android 訂閱服務，帶來了收入和利潤率的擴大，因爲我們吸引了新訂閱者，與廣告支持套餐相比，他們以溢價獲利。Zedge Premium比去年增長了21％，這得益於Paint使用量的增加，因爲我們繼續爲Zedge Marketplace用戶擴大機會，並在網絡上推出該功能。再加上我們對廣告堆棧的持續優化，這些因素導致了創紀錄的ARPMAU1同比增長37％。
Second Quarter Highlights (fiscal 2024 versus fiscal 2023)
第二季度亮點 （2024財年對比2023財年）
- Revenue increased 11.3% to $7.8 million;
- GAAP operating loss of $11.9 million, compared to operating income of $1.5 million;
- 2024 GAAP operating income included a $11.9 million non-cash accounting write-down of intangible assets, while the 2023 quarter included a $1.8 million non-cash accounting benefit, both related to the GuruShots acquisition;
- GAAP net loss and loss per share were ($9.2) million and ($0.66) compared to net income and EPS of $1.6 million and $0.11, respectively:
- Non-GAAP net income2 and EPS2 were $0.5 million and $0.04 compared to $0.8 million and $0.06, respectively;
- Adjusted EBITDA2 increased by 8.4% to $1.5 million;
- Zedge Premium Gross Transaction Value1, or GTV,increased 22.5% to $0.54 million.
- 收入增長了11.3％，達到780萬美元；
- GAAP營業虧損爲1190萬美元，而營業收入爲150萬美元；
- 2024年的GAAP營業收入包括1190萬美元的無形資產非現金會計減記，而2023年季度包括180萬美元的非現金會計收益，均與收購GuruShots有關；
- GAAP每股淨虧損和虧損爲（920萬美元）和（0.66美元），而淨收入和每股收益分別爲160萬美元和0.11美元：
- 非公認會計准則淨收益2 和 EPS2 分別爲50萬美元和0.04美元，而分別爲80萬美元和0.06美元；
- 調整後 EBITDA2 增長了8.4％，達到150萬美元；
- Zedge Premium 總交易價值1，或者 GTV，增長了22.5％，至54萬美元。
| Select Financial Metrics: FY24 versus FY23* | |||||||||||||||||||
(in $M except for EPS) |
Q2 '24 | Q2 '23 | Change | YTD FY24 | YTD FY23 | Change | |||||||||||||
Total Revenue |
$ | 7.8 | $ | 7.0 | 11.3 | % | $ | 14.9 | $ | 13.9 | 7.0 | % | |||||||
Advertising Revenue |
$ | 5.5 | $ | 4.6 | 18.4 | % | $ | 10.4 | $ | 9.1 | 14.3 | % | |||||||
Digital goods and services |
$ | 0.9 | $ | 1.2 | -26.4 | % | $ | 1.9 | $ | 2.6 | -27.7 | % | |||||||
Subscription Revenue |
$ | 1.1 | $ | 0.9 | 24.4 | % | $ | 2.1 | $ | 1.8 | 16.9 | % | |||||||
Other Revenue |
$ | 0.3 | $ | 0.2 | 22.2 | % | $ | 0.5 | $ | 0.4 | 20.1 | % | |||||||
GAAP Operating Income (Loss) |
$ | (11.9 | ) | $ | 1.5 | nm | $ | (11.6 | ) | $ | 1.3 | nm | |||||||
Operating Margin |
-153.5 | % | 20.9 | % | -78.2 | % | 9.1 | % | |||||||||||
GAAP Net Income (Loss) |
$ | (9.2 | ) | $ | 1.6 | nm | $ | (9.2 | ) | $ | 1.4 | nm | |||||||
GAAP Diluted Earnings (Loss) Per Share |
$ | (0.66 | ) | $ | 0.11 | nm | $ | (0.66 | ) | $ | 0.10 | nm | |||||||
Non-GAAP Net Income |
$ | 0.5 | $ | 0.8 | -39.5 | % | $ | 1.0 | $ | 1.0 | -0.7 | % | |||||||
Non- GAAP Diluted Earnings Per Share |
$ | 0.04 | $ | 0.06 | -38.7 | % | $ | 0.07 | $ | 0.07 | 1.1 | % | |||||||
Adjusted EBITDA |
$ | 1.5 | $ | 1.4 | 8.4 | % | $ | 3.1 | $ | 2.4 | 29.4 | % | |||||||
Cash Flow from Operations |
$ | 1.6 | $ | 0.0 | nm | $ | 2.8 | $ | 1.1 | 150.8 | % | ||||||||
| 選擇財務指標：24 財年與 23 財年* | |||||||||||||||||||
（以百萬美元計，每股收益除外） |
24年第二季度 | 23 年第二季度 | 改變 | 年初至今 24財年 | 年初至今 23財年 | 改變 | |||||||||||||
總收入 |
$ | 7.8 | $ | 7.0 | 11.3 | % | $ | 14.9 | $ | 13.9 | 7.0 | % | |||||||
廣告收入 |
$ | 5.5 | $ | 4.6 | 18.4 | % | $ | 10.4 | $ | 9.1 | 14.3 | % | |||||||
數字商品和服務 |
$ | 0.9 | $ | 1.2 | -26.4 | % | $ | 1.9 | $ | 2.6 | -27.7 | % | |||||||
訂閱收入 |
$ | 1.1 | $ | 0.9 | 24.4 | % | $ | 2.1 | $ | 1.8 | 16.9 | % | |||||||
其他收入 |
$ | 0.3 | $ | 0.2 | 22.2 | % | $ | 0.5 | $ | 0.4 | 20.1 | % | |||||||
GAAP 營業收入（虧損） |
$ | (11.9 | ) | $ | 1.5 | nm | $ | (11.6 | ) | $ | 1.3 | nm | |||||||
營業利潤率 |
-153.5 | % | 20.9 | % | -78.2 | % | 9.1 | % | |||||||||||
GAAP 淨收益（虧損） |
$ | (9.2 | ) | $ | 1.6 | nm | $ | (9.2 | ) | $ | 1.4 | nm | |||||||
GAAP 攤薄後每股收益（虧損） |
$ | (0.66 | ) | $ | 0.11 | nm | $ | (0.66 | ) | $ | 0.10 | nm | |||||||
非公認會計准則淨收益 |
$ | 0.5 | $ | 0.8 | -39.5 | % | $ | 1.0 | $ | 1.0 | -0.7 | % | |||||||
非公認會計准則攤薄後每股收益 |
$ | 0.04 | $ | 0.06 | -38.7 | % | $ | 0.07 | $ | 0.07 | 1.1 | % | |||||||
調整後 EBITDA |
$ | 1.5 | $ | 1.4 | 8.4 | % | $ | 3.1 | $ | 2.4 | 29.4 | % | |||||||
運營現金流 |
$ | 1.6 | $ | 0.0 | nm | $ | 2.8 | $ | 1.1 | 150.8 | % | ||||||||
nm = not measurable/meaningful
*numbers may not add due to rounding
nm = 不可測量/有意義
*由於四捨五入，數字可能不相加
| Select Zedge Marketplace Metrics: FY24 versus FY23* | ||||||||||||
(in MM except for ARPMAU and where noted) |
Q2 '24 | Q2 '23 | Change | |||||||||
Total Installs - Cumulative |
647.7 | 596.0 | 8.7 | % | ||||||||
MAU |
28.8 | 32.2 | -10.7 | % | ||||||||
Well-developed Markets |
6.2 | 7.4 | -15.6 | % | ||||||||
Emerging Markets |
22.5 | 24.8 | -9.2 | % | ||||||||
Active Subscriptions (in 000s) |
648 | 654 | -0.8 | % | ||||||||
ARPMAU |
$ | 0.072 | $ | 0.052 | 36.7 | % | ||||||
Zedge Premium - Gross Transaction Value (GTV) |
$ | 0.54 | $ | 0.44 | 22.5 | % | ||||||
| 選擇 Zedge 市場指標：24 財年與 23 財年* | ||||||||||||
（以 MM 表示，ARPMAU 除外） |
24年第二季度 | 23 年第二季度 | 改變 | |||||||||
總安裝量-累計 |
647.7 | 596.0 | 8.7 | % | ||||||||
MAU |
28.8 | 32.2 | -10.7 | % | ||||||||
發達的市場 |
6.2 | 7.4 | -15.6 | % | ||||||||
新興市場 |
22.5 | 24.8 | -9.2 | % | ||||||||
有效訂閱（以千秒爲單位） |
648 | 654 | -0.8 | % | ||||||||
ARPMAU |
$ | 0.072 | $ | 0.052 | 36.7 | % | ||||||
Zedge Premium-總交易價值 (GTV) |
$ | 0.54 | $ | 0.44 | 22.5 | % | ||||||
*numbers may not add due to rounding
*由於四捨五入，數字可能不相加
1 We use the following business metrics in this release because we believe they are useful in evaluating Zedge's operational performance.
1 我們在本版本中使用以下業務指標，因爲我們認爲它們對評估 Zedge 的運營績效很有用。
- 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.
- 月活用戶數（MAU）記錄了在相關時期的前30天內使用我們的Zedge應用程序的獨立用戶數量，這對於評估消費者對我們的應用程序的參與度非常有用，隨着越來越多的用戶帶來更多的廣告曝光量，這與廣告收入相關。它還允許讀者和潛在廣告商評估我們的用戶群規模。
- Zedge Premium總交易價值（GTV）是通過Zedge Premium進行的交易的總美元金額。由於Zedge Premium是內部增長的重點，我們認爲該指標將幫助投資者評估我們在發展這部分業務方面的進展。
- 我們的Zedge App（ARPMAU）的每月活躍用戶的平均收入可用於評估我們通過用戶群獲利的情況。
- 有效訂閱是指已開始但未取消的訂閱，包括暫停的訂閱以及免費試用、寬限期或賬戶凍結中的訂閱。這很重要，因爲它是經常性收入的來源。
- 總安裝量-累積量度量自推出以來 Zedge 應用程序的下載次數。
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.
2 在本新聞稿中，非公認會計准則淨收益、非公認會計准則每股收益和調整後息稅折舊攤銷前利潤是非公認會計准則財務指標，旨在根據公認會計原則提供有用的信息，補充Zedge的業績。請參閱本新聞稿末尾的非公認會計准則財務指標對賬，以了解Zedge對非公認會計准則淨收益、非公認會計准則每股收益和調整後息稅折舊攤銷前利潤的表述以及與最直接可比的GAAP指標的對賬的解釋。
| Trended Financial Information* | ||||||||||||||||||||||||||||||||||||
(in $M except for EPS, ARPMAU, Paid Subscriptions) |
Q123 | Q223 | Q323 | Q423 | Q124 | Q224 | FY22 | FY23 | YTD FY24 | |||||||||||||||||||||||||||
Total Revenue |
$ | 6.9 | $ | 7.0 | $ | 6.7 | $ | 6.6 | $ | 7.1 | $ | 7.8 | $ | 26.5 | $ | 27.2 | $ | 14.9 | ||||||||||||||||||
Advertising Revenue |
$ | 4.5 | $ | 4.6 | $ | 4.6 | $ | 4.6 | $ | 4.9 | $ | 5.5 | $ | 20.3 | $ | 18.3 | $ | 10.4 | ||||||||||||||||||
Digital goods and services |
$ | 1.3 | $ | 1.2 | $ | 1.1 | $ | 1.0 | $ | 0.9 | $ | 0.9 | $ | 1.7 | $ | 4.6 | $ | 1.9 | ||||||||||||||||||
Subscription Revenue |
$ | 0.9 | $ | 0.9 | $ | 0.8 | $ | 0.9 | $ | 1.0 | $ | 1.1 | $ | 3.7 | $ | 3.5 | $ | 2.1 | ||||||||||||||||||
Other Revenue |
$ | 0.2 | $ | 0.2 | $ | 0.2 | $ | 0.2 | $ | 0.2 | $ | 0.3 | $ | 0.8 | $ | 0.8 | $ | 0.5 | ||||||||||||||||||
GAAP Operating Income (Loss) |
$ | (0.2 | ) | $ | 1.5 | $ | (8.4 | ) | $ | 0.2 | $ | 0.3 | $ | (11.9 | ) | $ | 11.8 | $ | (6.9 | ) | $ | (11.6 | ) | |||||||||||||
GAAP Net Income (Loss) |
$ | (0.2 | ) | $ | 1.6 | $ | (7.7 | ) | $ | 0.2 | $ | (0.0 | ) | $ | (9.2 | ) | $ | 9.7 | $ | (6.1 | ) | $ | (9.2 | ) | ||||||||||||
GAAP Diluted Earnings (Loss) Per Share |
$ | (0.01 | ) | $ | 0.11 | $ | (0.55 | ) | $ | 0.01 | $ | 0.00 | $ | (0.66 | ) | $ | 0.65 | $ | (0.44 | ) | $ | (0.66 | ) | |||||||||||||
Non GAAP Net Income |
$ | 0.2 | $ | 0.8 | $ | 0.3 | $ | 0.6 | $ | 0.5 | $ | 0.5 | $ | 8.8 | $ | 1.9 | $ | 1.0 | ||||||||||||||||||
Non-GAAP Diluted EPS |
$ | 0.01 | $ | 0.06 | $ | 0.02 | $ | 0.04 | $ | 0.04 | $ | 0.04 | $ | 0.59 | $ | 0.13 | $ | 0.07 | ||||||||||||||||||
Adjusted EBITDA |
$ | 1.0 | $ | 1.4 | $ | 1.7 | $ | 1.6 | $ | 1.5 | $ | 1.5 | $ | 12.4 | $ | 5.7 | $ | 3.1 | ||||||||||||||||||
Adjusted EBITDA Margin |
13.8 | % | 20.5 | % | 25.4 | % | 24.2 | % | 21.7 | % | 19.9 | % | 46.6 | % | 20.9 | % | 20.8 | % | ||||||||||||||||||
Cash Flow from Operations |
$ | 1.1 | $ | 0.0 | $ | 1.6 | $ | 0.4 | $ | 1.3 | $ | 1.6 | $ | 11.5 | $ | 3.2 | $ | 2.8 | ||||||||||||||||||
MAU |
31.9 | 32.2 | 32.0 | 30.9 | 28.5 | 28.8 | nm | nm | nm | |||||||||||||||||||||||||||
Well-developed Markets |
7.1 | 7.4 | 7.2 | 6.8 | 6.2 | 6.2 | nm | nm | nm | |||||||||||||||||||||||||||
Emerging Markets |
24.8 | 24.8 | 24.8 | 24.1 | 22.3 | 22.5 | nm | nm | nm | |||||||||||||||||||||||||||
Active Subscriptions (in 000s) |
674 | 654 | 631 | 647 | 648 | 648 | nm | nm | nm | |||||||||||||||||||||||||||
ARPMAU |
$ | 0.054 | $ | 0.052 | $ | 0.053 | $ | 0.055 | $ | 0.063 | $ | 0.072 | nm | nm | nm | |||||||||||||||||||||
Zedge Premium - GTV |
$ | 0.31 | $ | 0.44 | $ | 0.41 | $ | 0.38 | $ | 0.42 | $ | 0.54 | $ | 1.51 | $ | 1.54 | $ | 0.96 | ||||||||||||||||||
| 熱門財務信息* | ||||||||||||||||||||||||||||||||||||
（以百萬美元計，每股收益、ARPMAU、付費訂閱除外） |
Q123 | Q223 | Q323 | Q423 | Q124 | Q224 | 22 財年 | 23 財年 | 年初至今 24財年 | |||||||||||||||||||||||||||
總收入 |
$ | 6.9 | $ | 7.0 | $ | 6.7 | $ | 6.6 | $ | 7.1 | $ | 7.8 | $ | 26.5 | $ | 27.2 | $ | 14.9 | ||||||||||||||||||
廣告收入 |
$ | 4.5 | $ | 4.6 | $ | 4.6 | $ | 4.6 | $ | 4.9 | $ | 5.5 | $ | 20.3 | $ | 18.3 | $ | 10.4 | ||||||||||||||||||
數字商品和服務 |
$ | 1.3 | $ | 1.2 | $ | 1.1 | $ | 1.0 | $ | 0.9 | $ | 0.9 | $ | 1.7 | $ | 4.6 | $ | 1.9 | ||||||||||||||||||
訂閱收入 |
$ | 0.9 | $ | 0.9 | $ | 0.8 | $ | 0.9 | $ | 1.0 | $ | 1.1 | $ | 3.7 | $ | 3.5 | $ | 2.1 | ||||||||||||||||||
其他收入 |
$ | 0.2 | $ | 0.2 | $ | 0.2 | $ | 0.2 | $ | 0.2 | $ | 0.3 | $ | 0.8 | $ | 0.8 | $ | 0.5 | ||||||||||||||||||
GAAP 營業收入（虧損） |
$ | (0.2 | ) | $ | 1.5 | $ | (8.4) | ) | $ | 0.2 | $ | 0.3 | $ | (11.9 | ) | $ | 11.8 | $ | (6.9 | ) | $ | (11.6 | ) | |||||||||||||
GAAP 淨收益（虧損） |
$ | (0.2 | ) | $ | 1.6 | $ | (7.7 | ) | $ | 0.2 | $ | (0.0 | ) | $ | (9.2 | ) | $ | 9.7 | $ | (6.1 | ) | $ | (9.2 | ) | ||||||||||||
GAAP 攤薄後每股收益（虧損） |
$ | (0.01 | ) | $ | 0.11 | $ | (0.55 | ) | $ | 0.01 | $ | 0.00 | $ | (0.66 | ) | $ | 0.65 | $ | (0.44) | ) | $ | (0.66 | ) | |||||||||||||
非公認會計准則淨收入 |
$ | 0.2 | $ | 0.8 | $ | 0.3 | $ | 0.6 | $ | 0.5 | $ | 0.5 | $ | 8.8 | $ | 1.9 | $ | 1.0 | ||||||||||||||||||
非公認會計准則攤薄每股收益 |
$ | 0.01 | $ | 0.06 | $ | 0.02 | $ | 0.04 | $ | 0.04 | $ | 0.04 | $ | 0.59 | $ | 0.13 | $ | 0.07 | ||||||||||||||||||
調整後 EBITDA |
$ | 1.0 | $ | 1.4 | $ | 1.7 | $ | 1.6 | $ | 1.5 | $ | 1.5 | $ | 12.4 | $ | 5.7 | $ | 3.1 | ||||||||||||||||||
調整後的息稅折舊攤銷前利潤率 |
13.8 | % | 20.5 | % | 25.4 | % | 24.2 | % | 21.7 | % | 19.9 | % | 46.6 | % | 20.9 | % | 20.8 | % | ||||||||||||||||||
運營現金流 |
$ | 1.1 | $ | 0.0 | $ | 1.6 | $ | 0.4 | $ | 1.3 | $ | 1.6 | $ | 11.5 | $ | 3.2 | $ | 2.8 | ||||||||||||||||||
MAU |
31.9 | 32.2 | 32.0 | 30.9 | 28.5 | 28.8 | nm | nm | nm | |||||||||||||||||||||||||||
發達的市場 |
7.1 | 7.4 | 7.2 | 6.8 | 6.2 | 6.2 | nm | nm | nm | |||||||||||||||||||||||||||
新興市場 |
24.8 | 24.8 | 24.8 | 24.1 | 22.3 | 22.5 | nm | nm | nm | |||||||||||||||||||||||||||
有效訂閱（以千秒爲單位） |
674 | 654 | 631 | 647 | 648 | 648 | nm | nm | nm | |||||||||||||||||||||||||||
ARPMAU |
$ | 0.054 | $ | 0.052 | $ | 0.053 | $ | 0.055 | $ | 0.063 | $ | 0.072 | nm | nm | nm | |||||||||||||||||||||
Zedge Premium-GTV |
$ | 0.31 | $ | 0.44 | $ | 0.41 | $ | 0.38 | $ | 0.42 | $ | 0.54 | $ | 1.51 | $ | 1.54 | $ | 0.96 | ||||||||||||||||||
nm = not measurable/meaningful
*numbers may not add due to rounding
nm = 不可測量/有意義
*由於四捨五入，數字可能不相加
Fiscal 2024 Commentary
2024 財年評論
Reich continued, "We continue positioning Zedge to drive sustainable, profitable, long-term revenue growth. To this end, we have consolidated and centralized many functions throughout the Company, including marketing, data, analytics and design. We also consolidated the product teams managing the Zedge Marketplace and GuruShots. The goals of the Company-wide overhaul are to fuel future growth and simultaneously reduce costs. This plan also ties specifically into GuruShots, where our focus is to to stabilize the business, return it to growth and reduce its cost base. Although still early, we are seeing signs of improvement at GuruShots, and the rest of the Company is also benefitting from these changes.
Reich繼續說：“我們繼續將Zedge定位爲推動可持續、盈利的長期收入增長。爲此，我們整合並集中了整個公司的許多職能，包括營銷、數據、分析和設計。我們還整合了管理Zedge市場和GuruShots的產品團隊。全公司改革的目標是推動未來的增長，同時降低成本。該計劃還與GuruShots特別相關，我們的重點是穩定業務，使其恢復增長並降低其成本基礎。儘管還爲時過早，但我們看到了GuruShots的改善跡象，公司的其他部門也從這些變化中受益。
"Diving into GuruShots, we upgraded the product management team over the past two quarters with subject matter experts in gaming emanating from some of the leading global mobile gaming publishers. This team has overhauled our product roadmap, focusing on innovation, which we believe can put GuruShots onto a growth trajectory, even while still facing the complicated marketing landscape resulting from Apple's ATT framework.
“深入研究GuruShots，我們在過去的兩個季度中升級了產品管理團隊，聘用了來自全球一些領先的移動遊戲發行商的遊戲主題專家。該團隊已經徹底改革了我們的產品路線圖，將重點放在創新上，我們認爲這可以使GuruShots走上增長軌道，即使仍然面臨蘋果ATT框架帶來的複雜營銷格局。
"More specifically, the team is focusing on several key areas, starting with feature development. Since its acquisition, GuruShots has not introduced any significant new features in the game. However, when new features were introduced in years past, many resulted in revenue growth jumps of 10% to 30%, and we are targeting these types of returns with the new feature roadmap, which we plan to roll out over time incrementally. A recent example was introducing the Turbo feature in January, which added more gameplay and raised average daily revenue by around 15%.
“更具體地說，該團隊專注於幾個關鍵領域，首先是功能開發。自收購以來，GuruShots尚未在遊戲中引入任何重要的新功能。但是，當過去幾年推出新功能時，許多新功能使收入增長了10％至30％，我們將在新功能路線圖中瞄準這些類型的回報，我們計劃隨着時間的推移逐步推出該路線圖。最近的一個例子是1月份推出了Turbo功能，該功能增加了更多遊戲玩法，並將平均每日收入提高了約15％。
"We are also revamping the GuruShots game economy to drive improved revenue production from in-app purchases. To do this, we are migrating to a multiple currency, virtual coin-based economy, which will move the game away from today's current more rigid economy. This transition will also enable us to reward all players in a controlled and bespoke fashion, encouraging engagement and further driving purchases. Behind the scenes, our team can manage various currencies and rewards to optimize gameplay and satisfaction.
“我們還在改造GuruShots遊戲經濟，以推動應用內購買的收入增加。爲此，我們正在遷移到以虛擬硬幣爲基礎的多幣種經濟，這將使遊戲擺脫當今更加僵化的經濟。這種過渡還將使我們能夠以可控和定製的方式獎勵所有玩家，從而鼓勵參與度並進一步推動購買量。在幕後，我們的團隊可以管理各種貨幣和獎勵，以優化遊戲玩法和滿意度。
"Finally, we are creating a much more user-friendly onboarding experience to make it more inviting for newbies and open the top of the funnel. As part of this, we will also enable a more nuanced game progression, making it easier to segment users based on their experience and, therefore, leveling out the competition.
“最後，我們正在創造一種更加用戶友好的入職體驗，以使其對新手更具吸引力，並打開渠道的頂端。作爲其中的一部分，我們還將實現更加細緻入微的遊戲進度，從而更輕鬆地根據用戶體驗對用戶進行細分，從而拉平競爭。
"Coupled with these product changes is marketing. Specifically, we will more closely align marketing spend with feature introductions. We have taken steps to increase the return on ad spend (ROAS) from GuruShots' paid user acquisition activities while also continuing to focus on app-store optimization (ASO), search engine optimization (SEO) and creative strategy and execution. We believe these items will help drive growth for GuruShots and create the value we envisioned when acquiring the business.
“除這些產品變化外，還有營銷。具體而言，我們將使營銷支出與功能介紹更加緊密地保持一致。我們已採取措施提高GuruShots付費用戶獲取活動的廣告支出回報率（ROAS），同時還繼續專注於應用商店優化（ASO）、搜索引擎優化（SEO）以及創意策略和執行。我們相信，這些項目將有助於推動GuruShots的增長，並創造我們在收購業務時所設想的價值。
"In parallel to our strategy to turn the tide at GuruShots, we remain heavily invested in creating sustainable growth at the Zedge Marketplace and Emojipedia. For the former, while our investments in subscriptions, paid user acquisition, pAInt and other features have helped return the business to growth, we remain focused on reversing negative MAU trends to accelerate growth rates. For Emojipedia, we have a roadmap of new features and services that we plan to roll out over the next 12 months, including emoji mashups, emoticons, kaomojis and other user enhancements that we believe will drive new users, increase engagement and enable monetization growth."
“在制定扭轉GuruShots潮流的戰略的同時，我們仍在Zedge Marketplace和Emojipedia上進行大量投資，以實現可持續增長。對於前者，儘管我們在訂閱、付費用戶獲取、Paint和其他功能方面的投資幫助業務恢復了增長，但我們仍然專注於扭轉MAU的負趨勢以加快增長速度。對於Emojipedia，我們制定了計劃在未來12個月內推出的新功能和服務的路線圖，包括表情符號混搭、表情、kaomojis和其他用戶增強功能，我們認爲這些功能和服務將吸引新用戶，提高參與度並實現盈利增長。”
Earnings Announcement and Supplemental Information
收益公告和補充信息
Management will host an earnings conference call beginning at 10:00 a.m. Eastern to discuss its second fiscal quarter 2024 results, outlook, and strategy, followed by a Q&A with investors.
管理層將在美國東部時間上午10點開始舉行業績電話會議，討論其2024財年第二財季業績、前景和戰略，隨後與投資者進行問答。
Live Call-in Info:
實時電話信息：
Toll Free: 888-506-0062
免費電話：888-506-0062
International: 973-528-0011
國際：973-528-0011
Participant Access Code: 664424
參與者訪問碼：664424
Webcast URL:
網絡直播網址：
Replay:
重播：
Toll Free: 877-481-4010
免費電話：877-481-4010
International: 919-882-2331
國際：919-882-2331
Replay Passcode: 50078
重播密碼：50078
About Zedge
關於 Zedge
Zedge builds digital marketplaces and friendly competitive games around content people use to express themselves. Our leading products include Zedge Ringtones and Wallpapers, a freemium digital content marketplace offering mobile phone wallpapers, video wallpapers, ringtones, notification sounds, and pAInt, a generative AI wallpaper maker; GuruShots, a skill-based photo challenge game; and Emojipedia, the #1 trusted source for 'all things emoji'. Our vision is to enable and connect creators who enjoy friendly competitions with a community of prospective consumers in order to drive commerce. We serve 10's of millions of active users across our offerings every month. For more information, visit: investor.zedge.net
Zedge 圍繞人們用來表達自己的內容構建數字市場和友好的競技遊戲。我們的領先產品包括Zedge鈴聲和牆紙，這是一個提供手機壁紙、視頻壁紙、鈴聲、通知聲音的免費增值數字內容市場，以及生成式人工智能牆紙製造商Paint；基於技能的照片挑戰遊戲GuruShots；以及 #1 值得信賴的 “所有表情符號” 來源Emojipedia。我們的願景是讓享受友好比賽的創作者與潛在消費者社區聯繫起來，以推動商業發展。我們每月通過我們的產品爲數千萬活躍用戶提供服務。欲了解更多信息，請訪問：investor.zedge.net
Forward-Looking Statements
前瞻性陳述
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.
以上所有不純粹關於歷史事實的陳述，包括但不限於我們在其中使用 “相信”、“預期”、“期望”、“計劃”、“打算”、“估計”、“目標” 等詞語的陳述，均爲1995年《私人證券訴訟改革法》所指的前瞻性陳述。儘管這些前瞻性陳述代表了我們目前對未來可能發生的事情的判斷，但由於許多重要因素，實際結果可能與這些陳述所表達或暗示的結果存在重大差異。我們向美國證券交易委員會提交的文件提供了有關此類陳述和風險的詳細信息，應在本新聞稿中查閱。在適用法律允許的範圍內，我們沒有義務更新任何前瞻性陳述。
Contact:
聯繫人：
Brian Siegel, IRC, MBA
布萊恩·西格爾，IRC，工商管理碩士
Senior Managing Director
高級董事總經理
Hayden IR
Hayden IR
(346) 396-8696
(346) 396-8696
ir@zedge.net
ir@zedge.net
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands, except par value data)
簡明的合併資產負債表
（以千計，面值數據除外）
| January 31, | July 31, | |||||||
| 2024 | 2023 | |||||||
| (Unaudited) | ||||||||
Assets |
||||||||
Current assets: |
||||||||
Cash and cash equivalents |
$ | 18,064 | $ | 18,125 | ||||
Trade accounts receivable |
3,363 | 2,883 | ||||||
Prepaid expenses and other receivables |
675 | 569 | ||||||
Total current assets |
22,102 | 21,577 | ||||||
Property and equipment, net |
2,608 | 2,186 | ||||||
Intangible assets, net |
5,593 | 18,709 | ||||||
Goodwill |
1,902 | 1,961 | ||||||
Deferred tax assets, net |
4,461 | 1,842 | ||||||
Other assets |
431 | 556 | ||||||
Total assets |
$ | 37,097 | $ | 46,831 | ||||
Liabilities and stockholders' equity |
||||||||
Current liabilities: |
||||||||
Trade accounts payable |
$ | 933 | $ | 669 | ||||
Accrued expenses and other current liabilities |
2,852 | 2,676 | ||||||
Deferred revenues |
2,056 | 2,414 | ||||||
Total current liabilities |
5,841 | 5,759 | ||||||
Term loan, net of deferred financing costs |
- | 1,985 | ||||||
Deferred revenues--non-current |
411 | - | ||||||
Other liabilities |
163 | 223 | ||||||
Total liabilities |
6,415 | 7,967 | ||||||
Commitments and contingencies (Note 9) |
||||||||
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 January 31, 2024 and July 31, 2023 |
5 | 5 | ||||||
Class B common stock, $.01 par value; authorized shares-40,000; 14,756 shares issued and 13,917 shares outstanding at January 31, 2024, and 14,634 shares issued and 13,801 outstanding at July 31, 2023 |
148 | 146 | ||||||
Additional paid-in capital |
47,313 | 46,122 | ||||||
Accumulated other comprehensive loss |
(1,654 | ) | (1,537 | ) | ||||
Accumulated deficit |
(13,187 | ) | (3,942 | ) | ||||
Treasury stock, 839 shares at January 31, 2024 and 833 shares at July 31, 2023, at cost |
(1,943 | ) | (1,930 | ) | ||||
Total stockholders' equity |
30,682 | 38,864 | ||||||
Total liabilities and stockholders' equity |
$ | 37,097 | $ | 46,831 | ||||
| 1月31日 | 7月31日 | |||||||
| 2024 | 2023 | |||||||
| （未經審計） | ||||||||
資產 |
||||||||
流動資產： |
||||||||
現金和現金等價物 |
$ | 18,064 | $ | 18,125 | ||||
貿易應收賬款 |
3,363 | 2,883 | ||||||
預付費用和其他應收賬款 |
675 | 569 | ||||||
流動資產總額 |
22,102 | 21,577 | ||||||
財產和設備，淨額 |
2,608 | 2,186 | ||||||
無形資產，淨額 |
5,593 | 18,709 | ||||||
善意 |
1,902 | 1,961 | ||||||
遞延所得稅資產，淨額 |
4,461 | 1,842 | ||||||
其他資產 |
431 | 556 | ||||||
總資產 |
$ | 37,097 | $ | 46,831 | ||||
負債和股東權益 |
||||||||
流動負債： |
||||||||
貿易應付賬款 |
$ | 933 | $ | 669 | ||||
應計費用和其他流動負債 |
2,852 | 2,676 | ||||||
遞延收入 |
2,056 | 2414 | ||||||
流動負債總額 |
5,841 | 5,759 | ||||||
定期貸款，扣除遞延融資成本 |
- | 1,985 | ||||||
遞延收入——非流動 |
411 | - | ||||||
其他負債 |
163 | 223 | ||||||
負債總額 |
6,415 | 7,967 | ||||||
承付款和或有開支（注9） |
||||||||
股東權益： |
||||||||
優先股，面值0.01美元；授權股票-2,400股；未發行和流通股票 |
- | - | ||||||
A 類普通股，面值0.01美元；授權股數爲2,600股；截至2024年1月31日和2023年7月31日已發行和流通的525股股票 |
5 | 5 | ||||||
B類普通股，面值0.01美元；授權股數爲40,000股；截至2024年1月31日已發行14,756股股票和13,917股已發行股票，截至2023年7月31日已發行14,634股和已發行13,801股 |
148 | 146 | ||||||
額外的實收資本 |
47,313 | 46,122 | ||||||
累計其他綜合虧損 |
(1,654) | ) | (1,537) | ) | ||||
累計赤字 |
(13,187) | ) | (3,942) | ) | ||||
美國庫存股，截至2024年1月31日爲839股，截至2023年7月31日爲833股，按成本計算 |
(1,943) | ) | (1,930) | ) | ||||
股東權益總額 |
30,682 | 38,864 | ||||||
負債和股東權益總額 |
$ | 37,097 | $ | 46,831 | ||||
ZEDGE, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME
(in thousands, except per share data)
(Unaudited)
ZEDGE, INC.
簡明合併運營報表和綜合（虧損）收益
（以千計，每股數據除外）
（未經審計）
| Three Months Ended | Six Months Ended | |||||||||||||||
| January 31, | January 31, | |||||||||||||||
| 2024 | 2023 | 2024 | 2023 | |||||||||||||
Revenues |
$ | 7,771 | $ | 6,983 | $ | 14,852 | $ | 13,883 | ||||||||
Costs and expenses: |
||||||||||||||||
Direct cost of revenues (excluding amortization of capitalized software and technology development costs which is included below) |
458 | 632 | 944 | 1,264 | ||||||||||||
Selling, general and administrative |
6,523 | 5,871 | 12,022 | 11,697 | ||||||||||||
Depreciation and amortization |
762 | 815 | 1,537 | 1,608 | ||||||||||||
Impairment of intangible assets |
11,958 | - | 11,958 | - | ||||||||||||
Change in fair value of contingent consideration |
- | (1,793 | ) | - | (1,943 | ) | ||||||||||
(Loss) income from operations |
(11,930 | ) | 1,458 | (11,609 | ) | 1,257 | ||||||||||
Interest and other income, net |
165 | 77 | 246 | 112 | ||||||||||||
Net gain (loss) resulting from foreign exchange transactions |
76 | 160 | (143 | ) | 84 | |||||||||||
(Loss) income before income taxes |
(11,689 | ) | 1,695 | (11,506 | ) | 1,453 | ||||||||||
Income tax (benefit) provision |
(2,459 | ) | 89 | (2,260 | ) | 16 | ||||||||||
Net (loss) income |
$ | (9,230 | ) | $ | 1,606 | $ | (9,246 | ) | $ | 1,437 | ||||||
Other comprehensive gain (loss): |
||||||||||||||||
Changes in foreign currency translation adjustment |
250 | 152 | (117 | ) | (107 | ) | ||||||||||
Total other comprehensive gain (loss) |
250 | 152 | (117 | ) | (107 | ) | ||||||||||
Total comprehensive (loss) income |
$ | (8,980 | ) | $ | 1,758 | $ | (9,363 | ) | $ | 1,330 | ||||||
(Loss) income per share attributable to Zedge, Inc. common stockholders: |
||||||||||||||||
Basic |
$ | (0.66 | ) | $ | 0.11 | $ | (0.66 | ) | $ | 0.10 | ||||||
Diluted |
$ | (0.66 | ) | $ | 0.11 | $ | (0.66 | ) | $ | 0.10 | ||||||
Weighted-average number of shares used in calculation of income (loss) per share: |
||||||||||||||||
Basic |
14,068 | 14,087 | 14,022 | 14,208 | ||||||||||||
Diluted |
14,068 | 14,259 | 14,022 | 14,440 | ||||||||||||
| 三個月已結束 | 六個月已結束 | |||||||||||||||
| 1月31日 | 1月31日 | |||||||||||||||
| 2024 | 2023 | 2024 | 2023 | |||||||||||||
收入 |
$ | 7,771 | $ | 6,983 | $ | 14,852 | $ | 13,883 | ||||||||
成本和支出： |
||||||||||||||||
直接收入成本（不包括資本化軟件和技術開發成本的攤銷，如下所示） |
458 | 632 | 944 | 1,264 | ||||||||||||
銷售、一般和管理 |
6,523 | 5,871 | 12,022 | 11,697 | ||||||||||||
折舊和攤銷 |
762 | 815 | 1,537 | 1,608 | ||||||||||||
無形資產減值 |
11,958 | - | 11,958 | - | ||||||||||||
或有對價公允價值的變化 |
- | (1,793) | ) | - | (1,943) | ) | ||||||||||
運營收入（虧損） |
(11,930) | ) | 1,458 | (11,609) | ) | 1,257 | ||||||||||
利息和其他收入，淨額 |
165 | 77 | 246 | 112 | ||||||||||||
外匯交易產生的淨收益（虧損） |
76 | 160 | (143) | ) | 84 | |||||||||||
所得稅前（虧損）收入 |
(11,689) | ) | 1,695 | (11,506) | ) | 1,453 | ||||||||||
所得稅（福利）準備金 |
(2,459 | ) | 89 | (2,260 | ) | 16 | ||||||||||
淨（虧損）收入 |
$ | (9,230 | ) | $ | 1,606 | $ | (9,246) | ) | $ | 1,437 | ||||||
其他綜合收益（虧損）： |
||||||||||||||||
外幣折算調整的變化 |
250 | 152 | (117) | ) | (107 | ) | ||||||||||
其他綜合收益（虧損）總額 |
250 | 152 | (117) | ) | (107 | ) | ||||||||||
綜合（虧損）收入總額 |
$ | (8,980) | ) | $ | 1758 | $ | (9,363) | ) | $ | 1,330 | ||||||
歸屬於Zedge, Inc.普通股股東的每股（虧損）收益： |
||||||||||||||||
基本 |
$ | (0.66 | ) | $ | 0.11 | $ | (0.66 | ) | $ | 0.10 | ||||||
稀釋 |
$ | (0.66 | ) | $ | 0.11 | $ | (0.66 | ) | $ | 0.10 | ||||||
用於計算每股收益（虧損）的加權平均股票數量： |
||||||||||||||||
基本 |
14,068 | 14,087 | 14,022 | 14,208 | ||||||||||||
稀釋 |
14,068 | 14,259 | 14,022 | 14,440 | ||||||||||||
ZEDGE, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
(Unaudited)
ZEDGE, INC.
簡明的合併現金流量表
（以千計）
（未經審計）
| Six Months Ended | ||||||||
| January 31, | ||||||||
| 2024 | 2023 | |||||||
Operating activities |
||||||||
Net (loss) income |
$ | (9,246 | ) | $ | 1,437 | |||
Adjustments to reconcile net (loss) income to net cash provided by operating activities: |
||||||||
Depreciation |
28 | 30 | ||||||
Amortization of intangible assets |
1,158 | 1,158 | ||||||
Amortization of capitalized software and technology development costs |
351 | 420 | ||||||
Amortization of deferred financing costs |
15 | 1 | ||||||
Stock-based compensation |
1,190 | 1,378 | ||||||
Impairment charge of intangible assets |
11,958 | - | ||||||
Impairment of investment in privately-held company |
50 | - | ||||||
Change in fair value of contingent consideration |
- | (1,943 | ) | |||||
Deferred income taxes |
(2,619 | ) | 33 | |||||
Change in assets and liabilities: |
||||||||
Trade accounts receivable |
(480 | ) | (377 | ) | ||||
Prepaid expenses and other current assets |
(106 | ) | (938 | ) | ||||
Other assets |
15 | 22 | ||||||
Trade accounts payable and accrued expenses |
445 | 497 | ||||||
Deferred revenue |
53 | (597 | ) | |||||
Net cash provided by operating activities |
2,812 | 1,121 | ||||||
Investing activities |
||||||||
Final payments for asset acquisitions |
- | (962 | ) | |||||
Capitalized software and technology development costs |
(777 | ) | (668 | ) | ||||
Purchase of property and equipment |
(23 | ) | (53 | ) | ||||
Net cash used in investing activities |
(800 | ) | (1,683 | ) | ||||
Financing activities |
||||||||
Prepayment of term loan |
(2,000 | ) | - | |||||
Proceeds from term loan payable |
- | 2,000 | ||||||
Payment of deferred financing costs |
- | (18 | ) | |||||
Proceeds from exercise of stock options |
3 | - | ||||||
Purchase of treasury stock in connection with share buyback program and stock awards vesting |
(13 | ) | (989 | ) | ||||
Net cash (used in) provided by financing activities |
(2,010 | ) | 993 | |||||
Effect of exchange rate changes on cash and cash equivalents |
(63 | ) | (57 | ) | ||||
Net (decrease) increase in cash and cash equivalents |
(61 | ) | 374 | |||||
Cash and cash equivalents at beginning of period |
18,125 | 17,085 | ||||||
Cash and cash equivalents at end of period |
$ | 18,064 | $ | 17,459 | ||||
| 六個月已結束 | ||||||||
| 1月31日 | ||||||||
| 2024 | 2023 | |||||||
經營活動 |
||||||||
淨（虧損）收入 |
$ | (9,246) | ) | $ | 1,437 | |||
爲將淨（虧損）收入與經營活動提供的淨現金進行對賬而進行的調整： |
||||||||
折舊 |
28 | 30 | ||||||
無形資產的攤銷 |
1,158 | 1,158 | ||||||
資本化軟件和技術開發成本的攤銷 |
351 | 420 | ||||||
遞延融資成本的攤銷 |
15 | 1 | ||||||
基於股票的薪酬 |
1,190 | 1,378 | ||||||
無形資產的減值費用 |
11,958 | - | ||||||
對私人控股公司的投資減值 |
50 | - | ||||||
或有對價公允價值的變化 |
- | (1,943) | ) | |||||
遞延所得稅 |
(2,619) | ) | 33 | |||||
資產和負債的變化： |
||||||||
貿易應收賬款 |
(480) | ) | (377 | ) | ||||
預付費用和其他流動資產 |
(106 | ) | (938) | ) | ||||
其他資產 |
15 | 22 | ||||||
貿易應付賬款和應計費用 |
445 | 497 | ||||||
遞延收入 |
53 | (597) | ) | |||||
經營活動提供的淨現金 |
2,812 | 1,121 | ||||||
投資活動 |
||||||||
資產收購的最終付款 |
- | (962) | ) | |||||
資本化的軟件和技術開發成本 |
(777) | ) | (668) | ) | ||||
購買財產和設備 |
(23) | ) | (53) | ) | ||||
用於投資活動的淨現金 |
(800) | ) | (1,683) | ) | ||||
籌資活動 |
||||||||
預付定期貸款 |
(2,000 | ) | - | |||||
應付定期貸款的收益 |
- | 2,0 | ||||||
遞延融資費用的支付 |
- | (18) | ) | |||||
行使股票期權的收益 |
3 | - | ||||||
購買與股票回購計劃和股票獎勵歸屬相關的庫存股 |
(13) | ) | (989) | ) | ||||
融資活動提供的（用於）淨現金 |
(2,010 | ) | 993 | |||||
匯率變動對現金和現金等價物的影響 |
(63) | ) | (57) | ) | ||||
現金和現金等價物的淨增加（減少） |
(61) | ) | 374 | |||||
期初的現金和現金等價物 |
18,125 | 17,085 | ||||||
期末的現金和現金等價物 |
$ | 18,064 | $ | 17,459 | ||||
Use of Non-GAAP Measures
非公認會計准則指標的使用
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定義爲扣除利息、稅項、折舊和攤銷前的收益（虧損）、股票補償支出、交易相關費用和其他非經常性支出、調整後的息稅折舊攤銷前利潤率以及非公認會計准則淨收益和每股收益（從GAAP淨收益和每股收益中調整股票薪酬支出、交易相關費用和其他非經常性支出），是我們認爲投資者和分析師通常用來評估公司財務業績的衡量標準除了我們提出的公認會計原則指標外。我們的管理層還認爲，這些措施有助於評估我們的核心經營業績。但是，根據公認會計原則，這些不是衡量財務業績的指標，不應將其視爲衡量我們經營業績的淨收入或營業收入/利潤率的替代方案，也不能被視爲衡量我們流動性的經營活動提供的淨現金的替代方案。
Reconciliation of Adjusted EBITDA to Net Income (Loss) |
Q123 | Q223 | Q323 | Q423 | Q124 | Q224 | FY22 | FY23 | YTD FY24 | |||||||||||||||||||||||||||
Net (Loss) Income |
$ | (0.2 | ) | $ | 1.6 | $ | (7.7 | ) | $ | 0.2 | $ | (0.0 | ) | $ | (9.2 | ) | $ | 9.7 | $ | (6.1 | ) | $ | (9.2 | ) | ||||||||||||
Excluding: |
||||||||||||||||||||||||||||||||||||
Interest and other income (expense), net |
$ | (0.0 | ) | $ | (0.1 | ) | $ | (0.1 | ) | $ | (0.1 | ) | $ | (0.1 | ) | $ | (0.2 | ) | $ | (0.0 | ) | $ | (0.3 | ) | $ | (0.2 | ) | |||||||||
Provision for (benefit from) income taxes |
$ | (0.1 | ) | $ | 0.1 | $ | (0.7 | ) | $ | 0.2 | $ | 0.2 | $ | (2.5 | ) | $ | 1.9 | $ | (0.5 | ) | $ | (2.3 | ) | |||||||||||||
Depreciation and amortization |
$ | 0.8 | $ | 0.8 | $ | 0.9 | $ | 0.8 | $ | 0.8 | $ | 0.8 | $ | 2.0 | $ | 3.3 | $ | 1.5 | ||||||||||||||||||
EBITDA |
$ | 0.5 | $ | 2.4 | $ | (7.6 | ) | $ | 1.0 | $ | 0.9 | $ | (11.1 | ) | $ | 13.5 | $ | (3.6 | ) | $ | (10.2 | ) | ||||||||||||||
Adjustments: |
||||||||||||||||||||||||||||||||||||
GuruShots acquisition related write-offs |
$ | (0.2 | ) | $ | (1.8 | ) | $ | 8.7 | $ | 0.0 | $ | 0.0 | $ | 12.0 | $ | (4.0 | ) | $ | 6.8 | $ | 12.0 | |||||||||||||||
Stock-based compensation |
$ | 0.6 | $ | 0.8 | $ | 0.6 | $ | 0.6 | $ | 0.5 | $ | 0.7 | $ | 1.9 | $ | 2.5 | $ | 1.2 | ||||||||||||||||||
Transaction costs related to business combination |
$ | 0.0 | $ | 0.0 | $ | 0.0 | $ | 0.0 | $ | 0.2 | $ | 0.0 | $ | 0.9 | $ | 0.0 | $ | 0.2 | ||||||||||||||||||
Adjusted EBITDA |
$ | 1.0 | $ | 1.4 | $ | 1.7 | $ | 1.6 | $ | 1.5 | $ | 1.5 | $ | 12.4 | $ | 5.7 | $ | 3.1 | ||||||||||||||||||
調整後息稅折舊攤銷前利潤與淨收益（虧損）的對賬 |
Q123 | Q223 | Q323 | Q423 | Q124 | Q224 | 22 財年 | 23 財年 | 年初至今 24財年 | |||||||||||||||||||||||||||
淨（虧損）收入 |
$ | (0.2 | ) | $ | 1.6 | $ | (7.7 | ) | $ | 0.2 | $ | (0.0 | ) | $ | (9.2 | ) | $ | 9.7 | $ | (6.1 | ) | $ | (9.2 | ) | ||||||||||||
不包括： |
||||||||||||||||||||||||||||||||||||
利息和其他收入（支出），淨額 |
$ | (0.0 | ) | $ | (0.1) | ) | $ | (0.1) | ) | $ | (0.1) | ) | $ | (0.1) | ) | $ | (0.2 | ) | $ | (0.0 | ) | $ | (0.3) | ) | $ | (0.2 | ) | |||||||||
所得稅（受益）準備金 |
$ | (0.1) | ) | $ | 0.1 | $ | (0.7 | ) | $ | 0.2 | $ | 0.2 | $ | (2.5) | ) | $ | 1.9 | $ | (0.5) | ) | $ | (2.3) | ) | |||||||||||||
折舊和攤銷 |
$ | 0.8 | $ | 0.8 | $ | 0.9 | $ | 0.8 | $ | 0.8 | $ | 0.8 | $ | 2.0 | $ | 3.3 | $ | 1.5 | ||||||||||||||||||
EBITDA |
$ | 0.5 | $ | 2.4 | $ | (7.6) | ) | $ | 1.0 | $ | 0.9 | $ | (11.1) | ) | $ | 13.5 | $ | (3.6) | ) | $ | (10.2) | ) | ||||||||||||||
調整： |
||||||||||||||||||||||||||||||||||||
GuruShots 收購相關注銷 |
$ | (0.2 | ) | $ | (1.8) | ) | $ | 8.7 | $ | 0.0 | $ | 0.0 | $ | 12.0 | $ | (4.0 | ) | $ | 6.8 | $ | 12.0 | |||||||||||||||
基於股票的薪酬 |
$ | 0.6 | $ | 0.8 | $ | 0.6 | $ | 0.6 | $ | 0.5 | $ | 0.7 | $ | 1.9 | $ | 2.5 | $ | 1.2 | ||||||||||||||||||
與業務合併相關的交易成本 |
$ | 0.0 | $ | 0.0 | $ | 0.0 | $ | 0.0 | $ | 0.2 | $ | 0.0 | $ | 0.9 | $ | 0.0 | $ | 0.2 | ||||||||||||||||||
調整後 EBITDA |
$ | 1.0 | $ | 1.4 | $ | 1.7 | $ | 1.6 | $ | 1.5 | $ | 1.5 | $ | 12.4 | $ | 5.7 | $ | 3.1 | ||||||||||||||||||
numbers may not add due to rounding
由於四捨五入，數字可能不相加
Reconciliation of GAAP Net Income (Loss) to Non-GAAP Net Income |
Q123 | Q223 | Q323 | Q423 | Q124 | Q224 | FY22 | FY23 | YTD FY24 | |||||||||||||||||||||||||||
GAAP Net Income (Loss) |
$ | (0.2 | ) | $ | 1.6 | $ | (7.7 | ) | $ | 0.2 | $ | (0.0 | ) | $ | (9.2 | ) | $ | 9.7 | $ | (6.1 | ) | $ | (9.2 | ) | ||||||||||||
Adjustments: |
||||||||||||||||||||||||||||||||||||
GuruShots acquisition related write-offs |
$ | (0.2 | ) | $ | (1.8 | ) | $ | 8.7 | $ | 0.0 | $ | 0.0 | $ | 12.0 | $ | (4.0 | ) | $ | 6.8 | $ | 12.0 | |||||||||||||||
Stock-based compensation |
$ | 0.6 | $ | 0.8 | $ | 0.6 | $ | 0.6 | $ | 0.5 | $ | 0.7 | $ | 1.9 | $ | 2.5 | $ | 1.2 | ||||||||||||||||||
Transaction costs related to business combination |
$ | 0.0 | $ | 0.0 | $ | 0.0 | $ | 0.0 | $ | 0.2 | $ | 0.0 | $ | 0.9 | $ | 0.0 | $ | 0.2 | ||||||||||||||||||
Income tax effect on non-GAAP items |
$ | (0.1 | ) | $ | 0.2 | $ | (1.3 | ) | $ | (0.1 | ) | $ | (0.2 | ) | $ | (2.9 | ) | $ | 0.3 | $ | (1.3 | ) | $ | (3.1 | ) | |||||||||||
Non-GAAP Net Income |
$ | 0.2 | $ | 0.8 | $ | 0.3 | $ | 0.6 | $ | 0.5 | $ | 0.5 | $ | 8.8 | $ | 1.9 | $ | 1.0 | ||||||||||||||||||
Non-GAAP basic earnings per share |
$ | 0.01 | $ | 0.06 | $ | 0.02 | $ | 0.04 | $ | 0.04 | $ | 0.04 | $ | 0.62 | $ | 0.13 | $ | 0.07 | ||||||||||||||||||
Non-GAAP diluted earnings per share |
$ | 0.01 | $ | 0.06 | $ | 0.02 | $ | 0.04 | $ | 0.04 | $ | 0.04 | $ | 0.59 | $ | 0.13 | $ | 0.07 | ||||||||||||||||||
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 | 14.0 | |||||||||||||||||||||||||||
Weighted average shares used to compute Non-GAAP diluted earnings per share |
14.3 | 14.3 | 14.0 | 13.9 | 14.0 | 14.1 | 14.9 | 14.1 | 14.0 | |||||||||||||||||||||||||||
GAAP淨收益（虧損）與非公認會計准則淨收益的對賬 |
Q123 | Q223 | Q323 | Q423 | Q124 | Q224 | 22 財年 | 23 財年 | 年初至今 24財年 | |||||||||||||||||||||||||||
GAAP 淨收益（虧損） |
$ | (0.2 | ) | $ | 1.6 | $ | (7.7 | ) | $ | 0.2 | $ | (0.0 | ) | $ | (9.2 | ) | $ | 9.7 | $ | (6.1 | ) | $ | (9.2 | ) | ||||||||||||
調整： |
||||||||||||||||||||||||||||||||||||
GuruShots 收購相關注銷 |
$ | (0.2 | ) | $ | (1.8) | ) | $ | 8.7 | $ | 0.0 | $ | 0.0 | $ | 12.0 | $ | (4.0 | ) | $ | 6.8 | $ | 12.0 | |||||||||||||||
基於股票的薪酬 |
$ | 0.6 | $ | 0.8 | $ | 0.6 | $ | 0.6 | $ | 0.5 | $ | 0.7 | $ | 1.9 | $ | 2.5 | $ | 1.2 | ||||||||||||||||||
與業務合併相關的交易成本 |
$ | 0.0 | $ | 0.0 | $ | 0.0 | $ | 0.0 | $ | 0.2 | $ | 0.0 | $ | 0.9 | $ | 0.0 | $ | 0.2 | ||||||||||||||||||
所得稅對非公認會計准則項目的影響 |
$ | (0.1) | ) | $ | 0.2 | $ | (1.3 | ) | $ | (0.1) | ) | $ | (0.2 | ) | $ | (2.9 | ) | $ | 0.3 | $ | (1.3 | ) | $ | (3.1 | ) | |||||||||||
非公認會計准則淨收益 |
$ | 0.2 | $ | 0.8 | $ | 0.3 | $ | 0.6 | $ | 0.5 | $ | 0.5 | $ | 8.8 | $ | 1.9 | $ | 1.0 | ||||||||||||||||||
Non-GAAP 基本每股收益 |
$ | 0.01 | $ | 0.06 | $ | 0.02 | $ | 0.04 | $ | 0.04 | $ | 0.04 | $ | 0.62 | $ | 0.13 | $ | 0.07 | ||||||||||||||||||
非公認會計准則攤薄後每股收益 |
$ | 0.01 | $ | 0.06 | $ | 0.02 | $ | 0.04 | $ | 0.04 | $ | 0.04 | $ | 0.59 | $ | 0.13 | $ | 0.07 | ||||||||||||||||||
用於計算非公認會計准則每股基本收益的加權平均份額 |
14.3 | 14.1 | 14.0 | 13.9 | 14.0 | 14.1 | 14.2 | 14.1 | 14.0 | |||||||||||||||||||||||||||
用於計算非公認會計准則攤薄後每股收益的加權平均股數 |
14.3 | 14.3 | 14.0 | 13.9 | 14.0 | 14.1 | 14.9 | 14.1 | 14.0 | |||||||||||||||||||||||||||
numbers may not add due to rounding
由於四捨五入，數字可能不相加
SOURCE: Zedge, Inc.
來源：Zedge, Inc.
譯文內容由第三人軟體翻譯。