ZDGE - Too Late To Go Long Zedge

• Zedge generates most of its revenue by showing advertisements when people use the Zedge app to personalize their mobile phones with ringtones, wallpapers and video.
• In addition to this advertising model, the company has introduced a subscription model and premium content. Zedge is also working on innovative new apps such as short stories.
• Zedge is richly valued by the market. The market capitalization is in the $200 -250 million range, while the total revenue in 2021 may not reach $30 million.
• The current high valuation doesn't leave much room for more capital appreciation. User growth is already stalling. It's too late to go long Zedge.

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