Zedge (ZDGE) Retained Earnings : $-13.19 Mil (As of Jan. 2024)

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What is Zedge Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zedge's retained earnings for the quarter that ended in Jan. 2024 was $-13.19 Mil.

Zedge's quarterly retained earnings declined from Jul. 2023 ($-3.94 Mil) to Oct. 2023 ($-3.96 Mil) and declined from Oct. 2023 ($-3.96 Mil) to Jan. 2024 ($-13.19 Mil).

Zedge's annual retained earnings increased from Jul. 2021 ($-7.55 Mil) to Jul. 2022 ($2.16 Mil) but then declined from Jul. 2022 ($2.16 Mil) to Jul. 2023 ($-3.94 Mil).

Zedge Retained Earnings Historical Data

The historical data trend for Zedge's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Zedge Retained Earnings Chart

Zedge Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Retained Earnings

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-15.24

-15.80

-7.55

2.16

-3.94

Zedge Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Retained Earnings	Get a 7-Day Free Trial															3.60	-4.10	-3.94	-3.96	-13.19

Zedge Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Zedge (AMEX:ZDGE) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Zedge (ZDGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Zedge Inc (AMEX:ZDGE) » Definitions » Retained Earnings

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34Z:Germany 34Z:Germany

Address

1178 Broadway, 3rd Floor, Suite 1450, New York, NY, USA, 10001

Website

https://www.zedge.net

Zedge Inc provides content distribution platforms. Its content platform enables consumers to personalize their mobile devices with free, high-quality ringtones, wallpapers, home screen app icons, widgets and notification sounds as well as paint, a generative AI wallpaper maker, GuruShots, a skill-based photo challenge game, and Emojipedia. The company also launched a Zedge app. It has two reportable segments, which are the Zedge Marketplace and GuruShots.

Executives

Gregory Suess	director	9701 WILSHIRE BLVD, 8TH FLOOR, BEVERLY HILLS CA 90212
Elliot Gibber	director	C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Jonathan Reich	officer: CFO & COO	C/O NET2PHONE INC, 520 BROAD ST, NEWARK NJ 07102
Mark Ghermezian	director	C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Michael C Jonas	director	C/O GENIE ENERGY LTD., 550 BROAD STREET, NEWARK NJ 07102
Yi Tsai	officer: CFO & Treasurer	51 CROSS HWY, WESTPORT CT 06880
Paul Packer	director	C/O GLOBIS CAPITAL PARTNERS LP, 60 BROAD ST, NEW YORK NY 10004
Howard S Jonas	director
Stephen M Greenberg	director	C/O NET2PHONE INC, 520 BROAD ST, NEWARK NJ 07102
Todd E Feldman	director	C/O ZEDGE, INC., 22 COURTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Marie Therese Carney	director	C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Tom Arnoy	officer: Chief Executive Officer	C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Idt Corp	10 percent owner	520 BROAD STREET, NEWARK NJ 07102