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Side-by-side financial comparison of SOLAI Ltd (SLAI) and Zedge, Inc. (ZDGE). Click either name above to swap in a different company.
SOLAI Ltd is the larger business by last-quarter revenue ($11.0M vs $7.6M, roughly 1.4× Zedge, Inc.). Zedge, Inc. runs the higher net margin — 10.4% vs -126.2%, a 136.6% gap on every dollar of revenue. On growth, Zedge, Inc. posted the faster year-over-year revenue change (5.8% vs -43.1%). Zedge, Inc. produced more free cash flow last quarter ($808.0K vs $-17.0M).
Zedge is a content distribution platform that provides consumers with a way to personalize their mobile devices. It has offices in Trondheim, Vilnius, and New York City.
SLAI vs ZDGE — Head-to-Head
Income Statement — Q2 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $11.0M | $7.6M |
| Net Profit | $-13.9M | $788.0K |
| Gross Margin | 0.1% | — |
| Operating Margin | -126.2% | 12.0% |
| Net Margin | -126.2% | 10.4% |
| Revenue YoY | -43.1% | 5.8% |
| Net Profit YoY | -173.4% | 332.4% |
| EPS (diluted) | $-0.01 | $0.06 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $7.6M | ||
| Q3 25 | — | $7.5M | ||
| Q2 25 | $11.0M | $7.8M | ||
| Q1 25 | — | $7.0M | ||
| Q4 24 | — | $7.2M | ||
| Q3 24 | — | $7.6M | ||
| Q2 24 | $19.4M | $7.7M | ||
| Q1 24 | — | $7.8M |
| Q4 25 | — | $788.0K | ||
| Q3 25 | — | $-559.0K | ||
| Q2 25 | $-13.9M | $185.0K | ||
| Q1 25 | — | $-1.7M | ||
| Q4 24 | — | $-339.0K | ||
| Q3 24 | — | $-39.0K | ||
| Q2 24 | $18.9M | $113.0K | ||
| Q1 24 | — | $-9.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 52.4% | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | -9.6% | ||
| Q2 25 | -126.2% | 2.1% | ||
| Q1 25 | — | -31.8% | ||
| Q4 24 | — | -6.4% | ||
| Q3 24 | — | -0.8% | ||
| Q2 24 | -2.6% | -1.7% | ||
| Q1 24 | — | -153.5% |
| Q4 25 | — | 10.4% | ||
| Q3 25 | — | -7.5% | ||
| Q2 25 | -126.2% | 2.4% | ||
| Q1 25 | — | -24.1% | ||
| Q4 24 | — | -4.7% | ||
| Q3 24 | — | -0.5% | ||
| Q2 24 | 97.9% | 1.5% | ||
| Q1 24 | — | -118.8% |
| Q4 25 | — | $0.06 | ||
| Q3 25 | — | $-0.04 | ||
| Q2 25 | $-0.01 | $0.01 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | — | $-0.02 | ||
| Q3 24 | — | $0.00 | ||
| Q2 24 | $0.02 | $0.01 | ||
| Q1 24 | — | $-0.66 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.2M | $18.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $43.8M | $25.9M |
| Total Assets | $69.1M | $36.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $18.5M | ||
| Q3 25 | — | $18.6M | ||
| Q2 25 | $1.2M | $20.4M | ||
| Q1 25 | — | $20.1M | ||
| Q4 24 | — | $20.2M | ||
| Q3 24 | — | $20.0M | ||
| Q2 24 | $2.3M | $19.9M | ||
| Q1 24 | — | $18.1M |
| Q4 25 | — | $25.9M | ||
| Q3 25 | — | $25.9M | ||
| Q2 25 | $43.8M | $28.6M | ||
| Q1 25 | — | $28.2M | ||
| Q4 24 | — | $30.1M | ||
| Q3 24 | — | $30.9M | ||
| Q2 24 | $45.9M | $30.9M | ||
| Q1 24 | — | $30.7M |
| Q4 25 | — | $36.0M | ||
| Q3 25 | — | $35.7M | ||
| Q2 25 | $69.1M | $37.8M | ||
| Q1 25 | — | $37.1M | ||
| Q4 24 | — | $38.2M | ||
| Q3 24 | — | $38.2M | ||
| Q2 24 | $63.3M | $38.1M | ||
| Q1 24 | — | $37.1M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-17.0M | $825.0K |
| Free Cash FlowOCF − Capex | $-17.0M | $808.0K |
| FCF MarginFCF / Revenue | -154.2% | 10.6% |
| Capex IntensityCapex / Revenue | 0.0% | 0.2% |
| Cash ConversionOCF / Net Profit | — | 1.05× |
| TTM Free Cash FlowTrailing 4 quarters | — | $3.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $825.0K | ||
| Q3 25 | — | $674.0K | ||
| Q2 25 | $-17.0M | $870.0K | ||
| Q1 25 | — | $708.0K | ||
| Q4 24 | — | $1.2M | ||
| Q3 24 | — | $695.0K | ||
| Q2 24 | $-12.1M | $2.3M | ||
| Q1 24 | — | $1.6M |
| Q4 25 | — | $808.0K | ||
| Q3 25 | — | $640.0K | ||
| Q2 25 | $-17.0M | $851.0K | ||
| Q1 25 | — | $689.0K | ||
| Q4 24 | — | $1.2M | ||
| Q3 24 | — | $683.0K | ||
| Q2 24 | — | $2.3M | ||
| Q1 24 | — | $1.6M |
| Q4 25 | — | 10.6% | ||
| Q3 25 | — | 8.6% | ||
| Q2 25 | -154.2% | 11.0% | ||
| Q1 25 | — | 9.9% | ||
| Q4 24 | — | 16.1% | ||
| Q3 24 | — | 9.0% | ||
| Q2 24 | — | 30.4% | ||
| Q1 24 | — | 20.0% |
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | 0.0% | 0.2% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | — | 1.05× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 4.70× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.64× | 20.73× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SLAI
| Data center | $6.5M | 59% |
| Cryptocurrency mining | $4.6M | 41% |
ZDGE
| Zedge Marketplace | $7.1M | 94% |
| Other | $468.0K | 6% |
