$Zedge (ZDGE.US)$It is a small company with a market capital...
$Zedge (ZDGE.US)$It is a small company with a market capitalization of only 32.61 million, and its business is also very niche. It doesn't seem very imaginative to make mobile phone content platforms such as ringtones and wallpapers. There was no increase in revenue for the first 4 years before 2021. In 2021, it doubled, and profits also reversed losses for the first time in 2021. In the first three quarters of 2022, revenue increased 34%, operating profit increased 26%, and net profit declined 1.4%.
For companies smaller than 100 million, the annual revenue growth rate must be at least 30%, which is currently unattractive.
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