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APPS

18.82USD+0.04(+0.21%)Market Closed

Digital Turbine Inc

Market Summary

USD18.82+0.04Market Closed
0.21%

APPS Alerts

APPS Stock Price

RSI Chart

Valuation

Market Cap

1.5B

Price/Earnings

40.48

Price/Sales

1.88

Price/Cashflow

9.74

MarketCap/EBT

31.58

Price/Sales

Profitability

EBT Margin

5.96%

Return on Equity

6.28%

Return on Assets

2.58%

Fundamentals

Revenue

Revenue (TTM)

764.4M

Revenue Y/Y

-7.27%

Revenue Q/Q

-7.3%

Earnings

Earnings (TTM)

53.7M

Earnings Y/Y

299.32%

Earnings Q/Q

-21.83%

Price Action

52 Week Range

10.6570.52
(Low)(High)

Last 7 days

8.6%

Last 30 days

41.2%

Last 90 days

7.0%

Trailing 12 Months

-62.9%

Financial Health

Current Ratio

1.18

Debt/Equity

0.82

Debt/Cashflow

0.32

Investor Care

Shares Dilution (1Y)

2.47%

Diluted EPS (TTM)

0.53

Peers (Alternatives to Digital Turbine)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.8T
203.1B
16.19% -21.88%
25.2
8.66
15.22% 2.81%
208.6B
44.2B
10.96% -5.77%
35.9
4.72
8.12% -58.36%
163.0B
30.3B
-3.63% -44.66%
304.14
5.56
21.26% -84.01%
151.4B
17.2B
13.38% -49.17%
31.46
8.81
13.86% -17.57%
25.1B
4.3B
-5.46% -61.25%
25.38
5.85
11.14% -39.03%
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
7.5B
740.5M
12.08% -18.13%
67.22
10.14
15.84% 1.13%
5.0B
812.6M
8.04% -48.17%
-33.17
6.14
9.33% -463.42%
3.6B
421.7M
-19.92% -44.81%
-29.08
8.53
27.49% -161.02%
SMALL-CAP
1.5B
764.4M
41.19% -62.86%
40.48
1.88
44.15% 1.32%
498.2M
400.3M
-23.16% -32.25%
6.63
1.26
10.29% 726.51%
374.3M
63.1M
2.61% -11.27%
-9.25
5.93
25.91% 4.94%
172.4M
141.1M
-23.75% -85.77%
-8.45
1.22
559.61% 13.25%
93.6M
827.0K
5.79% -52.24%
-4.52
386.64
1967.50% 50.86%
38.6M
335.5M
55.44% -86.13%
-0.8
0.11
51.13% -53.62%

Financials for Digital Turbine

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue-1.8%764778748659530
Gross Profit0.2%405404377320250
  S&GA Expenses-3.0%6466635241
  R&D Expenses1.9%4443535041
Earnings Before Taxes52.0%7146443540
Net Income48.4%5436364653
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-2.0%1,3741,4021,4591,4731,413
  Current Assets-2.0%365373411429345
    Cash Equivalents-7.4%838912711596
  Net PPE9.1%3734312622
  Goodwill-1.2%548555560555559
Liabilities-4.3%788824942988924
  Current Liabilities-1.1%313316385610642
  Long Term Debt-5.5%447473533354257
    LT Debt, CurrentNaN%--131313
    LT Debt, Non Current-5.5%447473521342244
Shareholder's Equity1.3%584576515484486
  Retained Earnings6.6%-165.20-176.87-191.79-211.89-218.90
  Additional Paid-In Capital0.7%803798746741742
Accumulated Depreciation19.3%2622181614
Shares Outstanding0.2%9999979797
Minority Interest1.7%22222
Float-6,380----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-6.0%141150855841
  Share Based Compensation-0.7%2222191610
Cashflow From Investing44.2%-26.46-47.45-172.00-187.18-184.13
Cashflow From Financing-33.8%-126.29-94.39185207211

Risks

What is the probability of a big loss on APPS?

83.8%


Probability that Digital Turbine stock will be more than 20% underwater in next one year

75.8%


Probability that Digital Turbine stock will be more than 30% underwater in next one year.

60.8%


Probability that Digital Turbine stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does APPS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Digital Turbine was unfortunately bought at previous high price.

Returns

Cumulative Returns on APPS

17.7%


10-Year Cumulative Returns

43.5%


7-Year Cumulative Returns

61.9%


5-Year Cumulative Returns

31.6%


3-Year Cumulative Returns

What are the long-term rolling returns for APPS?

FIve years rolling returns for Digital Turbine.

Which funds bought or sold APPS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
B. Riley Wealth Advisors, Inc.
REDUCED
-16.9
-193,000
418,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
336,000
336,000
-%
2022-11-21
Parallax Volatility Advisers, L.P.
ADDED
91,223.7
776,000
777,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-0.62
-372,000
1,690,000
-%
2022-11-16
Retirement Systems of Alabama
SOLD OFF
-100
-3,363,000
-
-%
2022-11-16
LIBERTY ONE INVESTMENT MANAGEMENT, LLC
NEW
-
52,000
52,000
0.01%
2022-11-16
TEALWOOD ASSET MANAGEMENT INC
SOLD OFF
-100
-765,000
-
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-9,000
-
-%
2022-11-15
JANE STREET GROUP, LLC
ADDED
692.1
1,722,000
2,033,000
-%
2022-11-15
ALGERT GLOBAL LLC
SOLD OFF
-100
-690,000
-
-%

1–10 of 39

Latest Funds Activity

Are funds buying APPS calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own APPS

Digital Turbine News

Yahoo Finance

Oil’s Four-Day Rally Is Longest Winning Streak in Two Months.2 days ago

APPS Fair Value

Digital Turbine fair value in different scenarios

The table shows the Fair Value estimates for Digital Turbine for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

24.79

31.72%

38.39

103.99%

70.48

274.50%

240.66

1178.75%

438.15

2228.11%

Current Inflation

22.71

20.67%

34.43

82.94%

61.77

228.21%

206.88

999.26%

373.52

1884.70%

Very High Inflation

20.14

7.01%

29.68

57.70%

51.57

174.02%

167.87

791.98%

299.52

1491.50%

Historical Digital Turbine Fair Value Estimates


Recent SEC filings of Digital Turbine

View All Filings
Date Filed Form Type Document
Nov 09, 2022
8-K
Current Report
Nov 09, 2022
10-Q
Quarterly Report
Nov 09, 2022
3
Insider Trading
Nov 09, 2022
4
Insider Trading
Nov 01, 2022
4
Insider Trading
Nov 01, 2022
4
Insider Trading
Oct 14, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Sep 21, 2022
CT ORDER
CT ORDER

Latest Insider Trading transactions for APPS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-01
STONE WILLIAM GORDON III
SOLD FOR TAXES
-7,380.54
18.78
-393
Chief Executive Officer
2022-12-01
GARRISON J. BARRETT
SOLD FOR TAXES
-2,272.38
18.78
-121
Executive Vice President, CFO
2022-11-30
STONE WILLIAM GORDON III
SOLD FOR TAXES
-7,523.12
18.26
-412
Chief Executive Officer
2022-11-30
GARRISON J. BARRETT
SOLD FOR TAXES
-2,994.64
18.26
-164
Executive Vice President, CFO
2022-11-07
Kanagaratnam Senthilkumaran
ACQUIRED
-
-
135,135
Chief Technology Officer
2022-11-01
STONE WILLIAM GORDON III
SOLD FOR TAXES
-5,800.68
14.76
-393
Chief Executive Officer
2022-11-01
GARRISON J. BARRETT
SOLD FOR TAXES
-1,771.2
14.76
-120
Executive Vice President, CFO
2022-10-31
GARRISON J. BARRETT
SOLD FOR TAXES
-2,409
14.6
-165
Executive Vice President, CFO
2022-10-31
STONE WILLIAM GORDON III
SOLD FOR TAXES
-6,015.2
14.6
-412
Chief Executive Officer
2022-10-11
STONE WILLIAM GORDON III
ACQUIRED
127,000
2.54
50,000
Chief Executive Officer

1–10 of 50

William G. Stone
280
Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication products and solutions for mobile operators, application advertisers, publishers, device original equipment manufacturers (OEMs), and other third parties. Its application media software platform that enables mobile operators and OEMs to control, manage, and monetize devices. The company also provides programmatic advertising and targeted media delivery services; and other products and professional services directly related to the core platform. It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, China, Mexico, Central America, and South America. The company is headquartered in Austin, Texas.

APPS Income Statement

2022-09-30
Condensed Consolidated Statements of Operations and Comprehensive Income / (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Net revenue[1]$ 174,859$ 188,568$ 363,492$ 346,643
Costs of revenue and operating expenses    
License fees and revenue share[1]76,88191,508164,248175,316
Other direct costs of revenue[1]9,1997,82718,11412,295
Product development[1]14,73613,91528,86926,839
Sales and marketing[1]15,49017,47931,54831,215
General and administrative[1]37,47141,30775,19665,301
Total costs of revenue and operating expenses[1]153,777172,036317,975310,966
Income from operations[1]21,08216,53245,51735,677
Interest and other income / (expense), net    
Change in fair value of contingent consideration0[1](22,087)[1]0[2](22,087)[2]
Interest expense, net[1](5,229)(1,955)(9,311)(3,112)
Foreign exchange transaction loss[1](281)(249)(612)(519)
Other income / (expense), net[1]312(477)384(512)
Total interest and other income / (expense), net[1](5,198)(24,768)(9,539)(26,230)
Income / (loss) before income taxes[1]15,884(8,236)35,9789,447
Income tax provision[1]4,181(2,349)9,3171,081
Net income / (loss)11,703[1](5,887)[3]26,661[1]8,366[1]
Less: net income / (loss) attributable to non-controlling interest[1]39(35)75(66)
Net income / (loss) attributable to Digital Turbine, Inc.[1]11,664(5,852)26,5868,432
Other comprehensive loss    
Foreign currency translation adjustment[1](9,246)(15,892)(14,788)(36,673)
Comprehensive income / (loss)[1]2,457(21,779)11,873(28,307)
Less: comprehensive income / (loss) attributable to non-controlling interest[1]32(128)275(921)
Comprehensive income / (loss) attributable to Digital Turbine, Inc.[1]$ 2,425$ (21,651)$ 11,598$ (27,386)
Net income per common share, basic (in dollars per share)[1]$ 0.12$ (0.06)$ 0.27$ 0.09
Net income per common share, diluted (in dollars per share)[1]$ 0.11$ (0.06)$ 0.26$ 0.08
Weighted-average common shares outstanding    
Basic (in shares)[1]98,88796,15798,32493,807
Diluted (in shares)[1]102,89896,157102,777100,457
[1]In the fiscal quarter ended June 30, 2021, the Company initiated two significant acquisitions. Please refer to Note 3 in the accompanying condensed consolidated financial statements.
[2]In the fiscal quarter ended June 30, 2021, the Company initiated two significant acquisitions. Please refer to Note 3 in the accompanying condensed consolidated financial statements.
[3]In the fiscal quarter ended June 30, 2021, the Company initiated two significant acquisitions. Please refer to Note 3 in the accompanying condensed consolidated financial statements.

APPS Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Mar. 31, 2022
Current assets  
Cash$ 82,653$ 126,768
Restricted cash560394
Accounts receivable, net255,666263,139
Prepaid expenses and other current assets26,47920,570
Total current assets365,358410,871
Property and equipment, net36,89131,086
Right-of-use assets11,35815,439
Intangible assets, net407,669440,589
Goodwill548,240559,792
Other non-current assets4,613732
TOTAL ASSETS1,374,1291,458,509
Current liabilities  
Accounts payable171,571167,858
Accrued license fees and revenue share79,16795,170
Accrued compensation14,93228,775
Acquisition purchase price liabilities050,000
Current portion of debt012,500
Other current liabilities46,93130,960
Total current liabilities312,601385,263
Long-term debt, net of debt issuance costs447,193520,785
Deferred tax liabilities, net16,68419,976
Other non-current liabilities11,94816,270
Total liabilities788,426942,294
Commitments and contingencies
Stockholders’ equity  
Preferred stock100100
Common stock1010
Additional paid-in capital803,276745,661
Treasury stock (758,125 shares at September 30, 2022, and March 31, 2022)(71)(71)
Accumulated other comprehensive loss(54,329)(39,341)
Accumulated deficit(165,202)(191,788)
Total stockholders’ equity583,784514,571
Non-controlling interest1,9191,644
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$ 1,374,129$ 1,458,509