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Digital Turbine Inc Stock Research

APPS

9.40USD+0.11(+1.18%)Delayed

Market Summary

USD9.40+0.11
Delayed
1.18%

APPS Alerts

APPS Stock Price

APPS RSI Chart

APPS Valuation

Market Cap

931.9M

Price/Earnings (Trailing)

18.35

Price/Sales (Trailing)

1.31

EV/EBITDA

6.35

Price/Free Cashflow

6.71

APPS Price/Sales (Trailing)

APPS Profitability

EBT Margin

8.82%

Return on Equity

8.38%

Return on Assets

3.75%

Free Cashflow Yield

14.89%

APPS Fundamentals

APPS Revenue

Revenue (TTM)

709.9M

Revenue Y/Y

-25.14%

Revenue Q/Q

-7.18%

APPS Earnings

Earnings (TTM)

50.8M

Earnings Y/Y

-42.7%

Earnings Q/Q

-65.66%

Price Action

52 Week Range

7.7225.00
(Low)(High)

Last 7 days

3.2%

Last 30 days

-17.4%

Last 90 days

-15.1%

Trailing 12 Months

-56.6%

APPS Financial Health

Current Ratio

1.18

Debt/Equity

0.74

Debt/Cashflow

0.31

APPS Investor Care

Shares Dilution (1Y)

2.69%

Diluted EPS (TTM)

0.5

Peers (Alternatives to Digital Turbine)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MSFT
2.5T
207.6B
 10.18% 22.75%
36.14
12.02
 7.81% -4.74%
ORCL
285.9B
48.0B
 11.72% 46.17%
34.14
5.96
 14.66% 10.75%
CRM
214.9B
32.2B
 10.60% 13.07%
567.14
6.68
 16.92% -62.21%
ADBE
200.3B
18.0B
 26.39% -1.11%
42.28
11.13
 11.50% -1.86%
ZM
20.5B
4.4B
 10.31% -40.23%
198.13
4.68
 7.15% -92.46%
MID-CAP
MANH
11.5B
809.1M
 10.70% 44.19%
83.87
14.22
 17.99% 15.82%
GWRE
5.8B
869.9M
 -5.88% -13.84%
-34.83
6.69
 13.87% -28.82%
APPN
2.9B
489.0M
 29.77% -12.47%
-19.47
6.28
 23.89% -67.60%
SMALL-CAP
APPS
931.9M
709.9M
 -17.40% -56.56%
18.35
1.31
 7.80% 11.76%
CLSK
402.3M
127.6M
 9.50% -29.06%
-3.38
3.15
 16.19% -1441.32%
RMNI
381.3M
417.3M
 23.99% -36.35%
5.0K
0.91
 8.54% -99.91%
KLR
34.3M
342.3M
 52.05% -77.35%
-0.35
0.1
 10.96% -189.81%
VHC
29.3M
-
 -2.48% -3.44%
-0.78
609.49
 -98.92% -88.94%

Financials for Digital Turbine

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-7.1%710764778748659
  S&GA Expenses1.0%64.0064.0066.0063.0052.00
  R&D Expenses0.8%55.0055.0054.0053.0047.00
EBITDA-5.9%134143118107-
EBITDA Margin1.3%0.19*0.19*0.12*0.14*-
Earnings Before Taxes-11.2%63.0071.0046.0044.0035.00
EBT Margin-4.3%0.09*0.09*0.05*0.06*-
Interest Expenses-2204.7%-4.93-0.213.006.00-3.53
Net Income-5.6%51.0054.0036.0036.0045.00
Net Income Margin1.7%0.07*0.07*0.04*0.05*-
Free Cahsflow-1.8%13914115085.00-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-1.6%1,3531,3741,4021,4591,473
  Current Assets-6.2%343365373411429
    Cash Equivalents-4.0%79.0083.0089.00127115
  Net PPE5.1%39.0037.0034.0031.0026.00
  Goodwill2.2%560548555560555
Liabilities-5.5%745788824942988
  Current Liabilities-7.4%289313316385610
  Long Term Debt-5.5%447473533354-
    LT Debt, CurrentNaN%--13.00--
    LT Debt, Non Current-5.6%422447473521342
Shareholder's Equity3.4%606586578515486
  Retained Earnings2.4%-161-165-176-191-211
  Additional Paid-In Capital1.0%811803798746741
Accumulated Depreciation19.3%26.0022.0018.0016.00-
Shares Outstanding0.2%99.0099.0099.0097.0097.00
Minority Interest3.1%2.002.002.002.002.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-1.8%13914115085.0058.00
  Share Based Compensation8.7%24.0022.0022.0019.0017.00
Cashflow From Investing-26.3%-33.42-26.46-47.45-172-187
Cashflow From Financing-12.2%-141-126-94.39185207

Risks for APPS

What is the probability of a big loss on APPS?

89.6%

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

81.5%

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

70.8%

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.

Drawdowns

Returns for APPS

Cumulative Returns on APPS

8.3%

10-Year Cumulative Returns

36.6%

7-Year Cumulative Returns

39.0%

5-Year Cumulative Returns

11.1%

3-Year Cumulative Returns

What are the long-term rolling returns for APPS?

FIve years rolling returns for Digital Turbine.

Annualized Returns

Which funds bought or sold APPS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-31
MBM Wealth Consultants, LLC
unchanged
-
-3,000
281,000
 0.12%
2023-05-26
ProShare Advisors LLC
reduced
-8.12
-57,135
167,045
 -%
2023-05-23
Greenhaven Road Investment Management, L.P.
reduced
-32.66
51,005,000
62,438,000
 3.58%
2023-05-23
ROYCE & ASSOCIATES LP
added
6.09
-1,191,690
7,344,630
 0.07%
2023-05-23
Brookfield Corp /ON/
new
-
327,256
327,256
 -%
2023-05-22
AMERIPRISE FINANCIAL INC
added
1.57
-966,440
4,521,560
 -%
2023-05-22
Arete Wealth Advisors, LLC
sold off
-100
-520,426,000
-
 -%
2023-05-18
JPMORGAN CHASE & CO
added
11.67
-258,000
2,478,000
 -%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-28.71
-682,000
935,000
 -%
2023-05-17
Advisory Services Network, LLC
added
104
88,284
222,152
 0.01%

1–10 of 42

Latest Funds Activity

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

APPS Alerts

Digital Turbine News

InvestorsObserver
Digital Turbine Inc (APPS) has gained 1.94% Friday In Premarket Trading.
InvestorsObserver,
29 hours ago
Benzinga
This Is What Whales Are Betting On Digital Turbine - Digital Turbine (NASDAQ:APPS).
Benzinga,
7 days ago
Seeking Alpha
Why Nvidia's Innovation Defies The Rules Of Valuation (NASDAQ ....
Seeking Alpha,
8 days ago
InvestorsObserver
Digital Turbine Inc (APPS) is up 0.73% Friday In Premarket Trading.
InvestorsObserver,
8 days ago
Yahoo Finance
4 big analyst cuts: Snowflake downgraded twice on guidance miss.
Yahoo Finance,
8 days ago
The Motley Fool
Nikola Fell Hard -- and This Ad-Tech Stock Plunged Even More ....
The Motley Fool,
8 days ago
StreetInsider.com
U.S. stocks mixed at close of trade; Dow Jones Industrial Average ....
StreetInsider.com,
8 days ago
Marketscreener.com
INVESTIGATION ALERT : The Schall Law Firm Announces it is Investigating Claims Against Integra Digital Turbine, Inc. and Encourages Investors with Losses to Contact the Firm.
Marketscreener.com,
9 days ago
The Motley Fool
Here's Why the Market Absolutely Hammered Digital Turbine Stock ....
The Motley Fool,
9 days ago
InvestorPlace
Why Is Digital Turbine (APPS) Stock Down 36% Today?.
InvestorPlace,
9 days ago
Seeking Alpha
Digital Turbine: End Of The Road - Part 2 (NASDAQ:APPS).
Seeking Alpha,
9 days ago
InvestorPlace
Why Is Mobileye (MBLY) Stock Up Today?.
InvestorPlace,
9 days ago
Benzinga
NVDA, SNOW, APPS, GCT, AI: Top 5 Trending Stocks - NVIDIA (NASDAQ:NVDA), Snowflake (NYSE:SNOW), C3.ai (NY.
Benzinga,
9 days ago
PR Newswire
Digital Turbine Reports Fiscal 2023 Fourth Quarter and Fiscal Year ....
PR Newswire,
10 days ago
Benzinga
Earnings Preview For Digital Turbine - Digital Turbine (NASDAQ:APPS).
Benzinga,
11 days ago
Seeking Alpha
Digital Turbine Q4 2023 Earnings Preview (NASDAQ:APPS).
Seeking Alpha,
11 days ago

Schedule 13G FIlings of Digital Turbine

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
10.89%
10,784,308
SC 13G/A
Feb 06, 2023
wellington management group llp
0.00%
0
SC 13G/A
Jan 26, 2023
blackrock inc.
15.2%
15,087,946
SC 13G/A
Jan 20, 2023
blackrock inc.
15.2%
15,087,946
SC 13G/A
Sep 09, 2022
vanguard group inc
10.42%
10,301,870
SC 13G/A
Feb 09, 2022
vanguard group inc
9.04%
8,734,824
SC 13G/A
Feb 04, 2022
wellington management group llp
6.22%
6,013,475
SC 13G
Jan 27, 2022
blackrock inc.
10.3%
9,973,448
SC 13G/A
Jan 25, 2022
blackrock inc.
10.3%
9,973,448
SC 13G/A
Oct 08, 2021
blackrock inc.
10.1%
9,707,911
SC 13G/A

APPS Fair Value

Show Fair-Value

Recent SEC filings of Digital Turbine

View All Filings
Date Filed Form Type Document
Jun 02, 2023
4
Insider Trading
Jun 02, 2023
4
Insider Trading
Jun 02, 2023
4
Insider Trading
May 31, 2023
4
Insider Trading
May 30, 2023
4
Insider Trading
May 25, 2023
10-K
Annual Report
May 25, 2023
4
Insider Trading
May 25, 2023
4
Insider Trading
May 25, 2023
4
Insider Trading
May 25, 2023
4
Insider Trading

Latest Insider Trading transactions for APPS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-31
Chestnutt Roy H
bought
59,742
9.17
6,515
-
2023-05-30
DEUTSCHMAN ROBERT M
bought
43,825
8.765
5,000
-
2023-05-22
STONE WILLIAM GORDON III
acquired
-
-
106,198
chief executive officer
2023-05-22
GARRISON J. BARRETT
acquired
-
-
43,524
executive vice president, cfo
2023-05-22
Kanagaratnam Senthilkumaran
acquired
-
-
21,762
chief technology officer
2023-05-22
Gillis Matthew
acquired
-
-
26,114
president
2023-05-05
Gillis Matthew
sold (taxes)
-2,474
11.84
-209
president
2023-05-01
GARRISON J. BARRETT
sold (taxes)
-843
11.71
-72.00
executive vice president, cfo
2023-05-01
STONE WILLIAM GORDON III
sold (taxes)
-4,613
11.71
-394
chief executive officer
2023-04-30
GARRISON J. BARRETT
sold (taxes)
-1,466
11.73
-125
executive vice president, cfo

1–10 of 50

About Digital Turbine

William G. Stone
www.digitalturbine.com
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

2023-03-31
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]   
Net revenue[1]$ 665,920$ 747,596$ 313,579
Costs of revenue and operating expenses   
License fees and revenue share[1]309,247370,648178,649
Other direct costs of revenue[1]36,44529,8382,358
Product development[1]56,48652,72320,119
Sales and marketing[1]63,29563,30919,304
General and administrative[1]154,282138,83733,940
Total costs of revenue and operating expenses[1]619,755655,355254,370
Income from operations[1]46,16592,24159,209
Interest and other income (expense), net   
Change in fair value of contingent consideration[1]0(41,087)(15,751)
Interest expense, net[1](23,352)(8,495)(1,003)
Foreign exchange transaction gain (loss)[1](1,026)2,0620
Loss on extinguishment of debt[1]00(452)
Other income (expense), net[1]229(749)(146)
Total interest and other income (expense), net[1](24,149)(48,269)(17,352)
Income before income taxes[1]22,01643,97241,857
Income tax provision (benefit)[1]5,1468,403(13,027)
Net income[1],[2]16,87035,56954,884
Less: net income attributable to non-controlling interest[1]197230
Net income attributable to Digital Turbine, Inc.[1]16,67335,54654,884
Other comprehensive loss   
Foreign currency translation adjustment[1],[2](2,386)(39,395)(312)
Comprehensive income (loss)[1]14,484(3,826)54,572
Less: comprehensive income (loss) attributable to non-controlling interest[1]415(934)0
Comprehensive income (loss) attributable to Digital Turbine, Inc.[1]$ 14,069$ (2,892)$ 54,572
Net income (loss) per common share, basic (in dollars per share)[1]$ 0.17$ 0.37$ 0.62
Net income (loss) per common share, diluted (in dollars per share)[1]$ 0.16$ 0.35$ 0.57
Weighted-average common shares outstanding   
Basic (in shares)[1]98,78395,19888,514
Diluted (in shares)[1]101,816102,64096,151
[1]In the fiscal quarter ended June 30, 2021, the Company initiated two significant acquisitions. Please refer to Note 3—Acquisitions, in the accompanying consolidated financial statements.
[2]In the fiscal quarter ended June 30, 2021, the Company initiated two significant acquisitions. Please refer to Note 3—Acquisitions in the accompanyingconsolidated financial statements.

APPS Balance Sheet

2023-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Mar. 31, 2022
Current assets  
Cash and cash equivalents$ 75,058$ 126,768
Restricted cash500394
Accounts receivable, net178,189263,139
Prepaid expenses and other current assets12,31920,570
Total current assets266,066410,871
Property and equipment, net39,32731,086
Right-of-use assets10,07315,439
Intangible assets, net379,632440,589
Goodwill561,576559,792
Other non-current assets9,882732
TOTAL ASSETS1,266,5561,458,509
Current liabilities  
Accounts payable119,338167,858
Accrued license fees and revenue share69,22195,170
Accrued compensation10,98428,775
Acquisition purchase price liabilities050,000
Current portion of debt012,500
Other current liabilities21,37730,960
Total current liabilities220,920385,263
Long-term debt, net of debt issuance costs410,522520,785
Deferred tax liabilities, net13,94019,976
Other non-current liabilities13,91916,270
Total liabilities659,301942,294
Commitments and contingencies
Stockholders’ equity  
Preferred stock100100
Common stock1010
Additional paid-in capital822,217745,661
Treasury stock (758,125 shares at March 31, 2023, and March 31, 2022)(71)(71)
Accumulated other comprehensive loss(41,945)(39,341)
Accumulated deficit(175,115)(191,788)
Total stockholders’ equity605,196514,571
Non-controlling interest2,0591,644
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$ 1,266,556$ 1,458,509