- The core Zedge app is a way for millions of people to cosmetically change their phone settings, yet it still seems heavily under-monetized when looking at ARPMAU.
- The launch of Shortz and Emojipedia provides additional growth runway with the potential for growth through premium and sponsored content.
- Zedge has grown revenues fast while remaining profitable for the past few quarters and management expects growth to continue into 2022.
- Despite this, the company is valued very conservatively compared to similarly profitable ad giants which have a smaller growth runway.
For further details see:
Zedge: Profitable Growing Company With Long Runway