Zedge, Inc. announced its financial results for the third quarter fiscal 2025, ending April 30, 2025. The company reported a return to revenue growth and a 13% increase in subscription revenue.
Active subscribers reached a record of nearly 900,000, representing a 37% increase year-over-year. Cash flow from operations was $0.9 million, with free cash flow at $0.8 million, even after approximately $1.0 million in payments related to global restructuring and GuruShots retention bonuses.
The company also highlighted the launch of DataSeeds.AI, a new content marketplace initiative for AI training sets, which creates new B2B revenue opportunities. CEO Jonathan Reich noted the core business's strong momentum and resilience despite ad market impacts.
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