10/26/2026

speaker
Operator
Conference Call Operator

Good day and welcome to Zedge's earnings conference call for the fourth quarter and end of fiscal year 2026. During management prepared remarks, all participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation by Zedge's management, there will be an opportunity to ask questions. To ask a question, please press star then one on your touchtone phone. To withdraw your question, please press star, then 2. I will now turn the call over to Brian Siegel.

speaker
Brian Siegel
Investor Relations

Thank you, Operator. During today's call, Morris Berger, ZEDGE's newly appointed CEO, Jonathan Reich, ZEDGE's President and Chief Operating Officer, and Yi Tsai, ZEDGE's Chief Financial Officer, will discuss ZEDGE's financial and operational results that were reported today. Any forward-looking statements made during this conference call, during the prepared remarks, or in the question and answer session, whether general or specific in nature, are subject to risks and uncertainties that may cause actual results in the future to differ materially from those discussed on today's call. These risks and uncertainties include but are not limited to specific risks and uncertainties disclosed in ZEDGE's periodic SEC filings. Zedge assumes no obligation to update any forward-looking statements or to update the factors that may cause actual results to differ materially from those that they forecast. Please note that our earnings release is available on the investor relations page of the Zedge website and has also been filed on Form 8K with the SEC. Finally, on this call, we will use non-GAAP measures. Examples include non-GAAP EPS, non-GAAP net income, free cash flow and adjusted EBITDA. Please see our earnings release for an explanation of our use of these non-GAAP measures. Now I'd like to turn the call over to Morris.

speaker
Morris Berger
Chief Executive Officer

Thank you, Brian, and good afternoon, everyone. I am happy to be back at Zedge. For those who may not know my background, I was involved with Zedge very early in its history. In fact, I was the person who found the company in Norway when it only had two employees, and I served as CEO for over four years. I've spent much of my career building and operating businesses across media and technology, including IDT Entertainment and Zeno Media. When Howard approached me about returning, what caught my attention was the opportunity for Zedge as a whole, and specifically what Jonathan and the team had identified and begun developing with DataSeeds.ai. Zedge has an established business that generates cash, a strong balance sheet, and a collection of assets and capabilities that can be applied to various growing markets. Through DataSeeds, we have already demonstrated an ability to turn some of those capabilities into a commercial offering, securing repeat business and expanding into new services. What I find particularly compelling is that we are building on a foundation that already exists within Zedge. We're not starting from scratch. We have established creator communities, experienced developing and operating digital platforms, and an infrastructure that can support specialized data production. Of course, Data Seeds is still early in its development, and there's considerable work ahead. My initial focus has been on getting to know the team and the business, understanding our customers, and identifying where additional investment can have the greatest impact. Howard's increased involvement and the recent capital investment give us additional resources to pursue the opportunity. I've worked with Howard before with much success. and I'm looking forward to working closely with him, Mishi, Jonathan and the rest of the multinational team. I believe we have an opportunity to build data seeds into a substantial business over time with high enterprise value and I am looking forward to helping make that happen again. With that, I'll turn it over to Jonathan.

Disclaimer

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