Fiscal 2nd Qtr Earnings Summary
Company reports revenue of $5.3 Million; Net income of $2.3 million; EPS
of $0.17; EBITDA1 of $2.9 million; and Monthly Active Users2 (MAU) of
35.4 million;
-- Raises full-year fiscal 2021 revenue guidance to growth
Revenue increased 101.0% to a record $5.3 million versus $2.6 million
last year;
-- Active subscriptions2 and subscription revenue increased 138.6% and
151.2%, respectively, versus last year;
-- Record operating income and operating margin of $2.5 million and 47.4%,
respectively, versus $0.1 million and 3.0%, respectively, last year;
-- Record net income and diluted earnings per share of $2.3 million and
$0.17, respectively, versus $0.1 million and $0.01, respectively, last
year;
-- Cash flow from operations increased 296.9% to a record $2.3 million
versus $0.6 million last year;
-- EBITDA1 was $2.9 million versus $0.5 million last year;
-- Monthly active users2 (MAU) increased by 3.3% versus last year;
-- Zedge Premium Gross Transaction Value2 (GTV) increased 7.1% versus last
year.