Zedge To Report Second Fiscal Quarter 2025 Results
Zedge's earnings release will be filed on Form 8-K and posted on the Zedge investor relations website ( investor.zedge.net) at approximately 4:10 PM Eastern on March 12, 2025.
Management will then host an earnings conference call beginning at 4:30 PM Eastern to discuss its earnings results, outlook, and strategy, which will be followed by Q&A with investors.
Live Call-in Info:
Toll Free: 888-506-0062
International: 973-528-0011
Participant Access Code: 257316
https://www.webcaster4.com/Webcast/Page/2205/52035
Replay:
Toll Free: 877-481-4010
International: 919-882-2331
Replay Passcode: 52035
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.'

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If I had to choose between having a job and paying less for Nike shoes, you'd see me running barefoot to the office. Wednesday's market moves, however, suggested that Wall Street preferred the cheaper shoes. The U.S. economy lost private sector jobs in June, the first time hiring had contracted since March 2023, according to payrolls processing firm ADP. It's even more startling because a Dow Jones survey of economists had pegged job numbers to expand by 100,000. Meanwhile, U.S. President Donald Trump announced on his social media site Truth Social that the country had made a trade deal with Vietnam, in which the Southeast Asian nation will face a 20% duty on imports to America. That means companies that rely heavily on Vietnam for manufacturing, such as Nike, Crocs and Lululemon, will face less onerous costs and might not hike prices as much, compared with the original tariff rate of 46%. After weighing both pieces of news, investors decided the good news was more important and lifted the S&P 500 to a new closing high. Granted, the ADP report has had a spotty track record in predicting the official job figures from the U.S. Bureau of Labor Statistics. But it's still worth thinking about how that's a sign financial markets could be slightly disconnected from the real economy: Who can afford to buy shoes and pump up stocks if they don't have jobs? Vietnam strikes a deal with America. Imports from the Southeast Asian nation to the U.S. will be subject to a 20% tariff, while the U.S. gets tariff-free access to Vietnam's market, Trump announced Wednesday. The S&P 500 rises to close at a fresh record. On Tuesday, the index also scored an intra-day high, while the Nasdaq Composite notched a record close. The Vietnam Index on Wednesday rose to its highest level since April 2022, following news of the country's deal with America. The White House lifts chip software curbs on China. Semiconductor software companies Synopsys and Cadence announced Thursday that they are restoring access to their products after the U.S. government reversed export restrictions. U.S. private sector jobs shrank in June. Job losses amounted to 33,000, reported ADP on Wednesday. Economists polled by Dow Jones had expected an increase of 100,000 jobs for the month. [PRO] Revenue-generating concerts are boosting K-pop stocks. Amid declining sales of music albums, K-pop agencies are pivoting their strategy — leading to a surge of over 100% in stock price for some. Hong Kong's IPO market is on fire — here's what's fueling the surge New listing volumes on the Hong Kong Stock Exchange jumped around eight times to $14 billion in the first half of this year, from just $1.8 billion in the same period in 2024, according to Dealogic. That puts the city on track to become the world's largest listing destination this year, surpassing the Nasdaq and the New York Stock Exchange. PwC projected up to 100 IPOs in Hong Kong this year, with total fundraising to exceed $25.5 billion.


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Hybe Corporation is the largest and is listed on the blue-chip Kospi, while SM Entertainment, JYP Entertainment and YG Entertainment are on the small-cap Kosdaq. Live concerts are one way the "Big Four" are addressing the slumping sales of albums, which traditionally form the bulk of the firms' revenue. Billboard's midyear Boxscore report revealed that boy group Seventeen, managed by Hybe subsidiary Pledis Entertainment, "essentially doubled its midyear gross for the second consecutive year," thanks to its Right Here world tour, which ran from October 12, 2024, to February 12 this year. Billboard's information covers all reported shows between Oct. 1, 2024, and March 31, 2025. The group was the third-highest grossing act in the period, pulling in $120.9 million and an attendance of 842,000 over 30 shows. Five K-pop acts are on Billboard's top-50 list, up from three in 2023 and 2024 and two in 2022. 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The profit margin for merchandise, she said, can reach as high as 50%. This shift to concerts as a revenue stream can be seen in the companies' first-quarter results. Out of the four major publicly listed K-pop companies, three saw huge increases in concert revenues. JYP Entertainment was the exception. Most notably, Kospi-listed Hybe Corporation, South Korea's largest K-pop company by market capitalization, saw its concert revenue surpass album and digital sales in the first quarter of 2025. Concerts accounted for 31% of total revenue in Hybe's first quarter, surpassing the 27.3% share from music sales. In the first quarter of 2024, music revenue made up over 40% of revenue, while concert revenue stood at 12%. YG Entertainment experienced the largest jump in concert revenue among the four companies, with concert revenue spiking over 270%, reportedly due to world tours from its boy band Treasure and newly debuted girl group Babymonster. 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However, a June 26 note by Morgan Stanley said that they believe that expectations for Blackpink have been "over-reflected" in the share price of YG, adding that the agency's "high reliance on a single IP and its shallow slate of performers remains a concern." The dismal performance of JYP was due to investor concern over contract renewals, CGS' Oh added. Girl group Itzy's contracts are expected to expire in 2025, while members of boy band Stray Kids are facing the possibility of serving South Korea's military service. Morgan Stanley's note echoes this point on JYP, saying that "we believe the stock needs to see more artists contributing to top line growth, and new teams emerge to support longer term growth." While rising revenue from concerts is likely to lift all companies, some can capitalize on this trend better than others. 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The Wall Street bank also sees earnings turbulence in YG, due to its reliance on Blackpink's activities. A "successful ramp-up of Babymonster is key to seeing multi-year earnings growth," it added.


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