From mid-2016 through mid-2020, Zedge (ZDGE) reported positive quarterly operating income a total of only 3 times in 16 quarters.
During this time period, ZDGE traded with an enterprise value/revenue ratio ranging from 0.736 up to 3.661 for a median enterprise value of approximately 2.20X revenue.
In 2023, ZDGE has reported positive operating income for 3 straight quarters.
ZDGE's current enterprise value/revenue ratio is only 0.556, when the company is beginning to see its business boom more than ever before in history with Emojipedia revenue up by 62% year-over-year thanks to their new customizable Emoji shop!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
