Digital Turbine Inc (APPS)

Technology | Software Application
Income Statement (Quarterly) 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenue 130,926,000 119,152,000 134,637,000 118,728,000
Cost of Revenue 68,942,000 62,554,000 8,954,000 64,774,000
Gross Profit 61,984,000 56,598,000 125,683,000 53,954,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 56,498,000 59,176,000 58,286,000 58,063,000
Operating Expenses 66,645,000 68,290,000 138,436,000 67,496,000
Operating Income -4,661,000 -11,692,000 -12,753,000 -13,542,000
Interest Expense 8,788,000 8,855,000 8,446,000 0
Income Before Tax -16,197,000 -20,153,000 -20,719,000 -23,586,000
Income Tax Expense -2,093,000 -1,327,000 2,412,000 1,400,000
Net Income -14,104,000 -18,826,000 -23,131,000 -24,986,000
Per Share
EPS -0.13 -0.18 -0.22 -0.24
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Revenue 490,506,000 544,482,000 665,920,000 747,596,000 313,579,000
Cost of Revenue 269,828,000 297,025,000 345,692,000 400,486,000 181,007,000
Gross Profit 220,678,000 247,457,000 320,228,000 347,110,000 132,572,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 235,289,000 231,098,000 217,577,000 202,146,000 53,244,000
Operating Expenses 274,753,000 622,116,000 274,063,000 254,869,000 73,363,000
Operating Income -54,075,000 -25,247,000 46,165,000 34,040,000 59,209,000
Interest Expense 34,783,000 30,838,000 23,352,000 8,495,000 -1,003,000
Income Before Tax -87,864,000 -405,131,000 22,016,000 43,972,000 41,857,000
Income Tax Expense 4,235,000 15,317,000 5,146,000 8,403,000 -13,027,000
Net Income -92,099,000 -420,228,000 16,673,000 35,546,000 54,884,000
Per Share
EPS -0.89 -4.16 0.17 0.37 0.62
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Assets
Cash and Cash Equivalents 40,084,000 33,605,000 75,058,000 126,768,000
Short Term Investments 0 0 0 0
Net Receivables 190,061,000 191,015,000 178,189,000 263,139,000
Inventory 0 0 500,000 394,000
Total Current Assets 242,779,000 242,341,000 266,066,000 410,871,000
Property Plant Equipment 56,890,000 54,909,000 49,400,000 46,525,000
Goodwill and Intangibles 479,438,000 533,577,000 941,208,000 1,000,381,000
Total Assets 812,854,000 865,540,000 1,266,556,000 1,458,509,000
Liabilities
Account Payables 139,944,000 159,200,000 119,338,000 167,858,000
Short Term Debt 3,390,000 0 0 12,500,000
Total Current Liabilities 222,526,000 236,024,000 220,920,000 385,263,000
Long Term Debt 414,798,000 383,490,000 417,121,000 520,785,000
Total Liabilities 658,896,000 651,608,000 659,301,000 942,294,000
Shareholders Equity
Retained Earnings -687,442,000 -595,343,000 -175,115,000 -191,788,000
Total Shareholders Equity 153,958,000 213,932,000 605,196,000 514,571,000
Balance Sheet (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Assets
Cash and Cash Equivalents 40,084,000 33,605,000 75,058,000 126,768,000 30,778,000
Short Term Investments 0 0 0 0 0
Net Receivables 190,061,000 191,015,000 178,189,000 263,139,000 61,985,000
Inventory 0 0 500,000 394,000 0
Total Current Assets 242,779,000 242,341,000 266,066,000 410,871,000 97,385,000
Property Plant Equipment 56,890,000 54,909,000 49,400,000 46,525,000 16,545,000
Goodwill and Intangibles 479,438,000 533,577,000 941,208,000 1,000,381,000 133,476,000
Total Assets 812,854,000 865,540,000 1,266,556,000 1,458,509,000 260,369,000
Liabilities
Account Payables 139,944,000 159,200,000 119,338,000 167,858,000 34,953,000
Short Term Debt 3,390,000 0 0 12,500,000 14,557,000
Total Current Liabilities 222,526,000 236,024,000 220,920,000 385,263,000 111,149,000
Long Term Debt 414,798,000 383,490,000 417,121,000 520,785,000 0
Total Liabilities 658,896,000 651,608,000 659,301,000 942,294,000 115,257,000
Shareholders Equity
Retained Earnings -687,442,000 -595,343,000 -175,115,000 -191,788,000 -227,334,000
Total Shareholders Equity 153,958,000 213,932,000 605,196,000 514,571,000 145,112,000
Cash Flow Statement (Quarterly) 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Activities
Net Income -92,099,000 -420,228,000 -13,853,000 35,569,000
Depreciation & Amortization 82,910,000 83,858,000 20,926,000 57,452,000
Stock Based Compensation 33,543,000 33,763,000 30,401,000 19,304,000
Change in Working Capital -15,204,000 -55,963,000 1,854,000 -64,031,000
Operating Cash Flow 11,880,000 28,677,000 15,862,000 84,738,000
Investing Activities
Capital Expenditure -27,477,000 -24,279,000 -5,260,000 -23,280,000
Investments -27,477,000 -24,279,000 -5,260,000 -23,280,000
Investing Cash Flow -27,477,000 -43,848,000 -9,759,000 -172,002,000
Financing Activities
Debt Repayment 25,000,000 -27,134,000 -123,599,000 -52,772,000
Common Stock Issued/Repurchased 0 1,585,000 -4,689,000 -4,305,000
Dividends Paid 0 0 0 -4,305,000
Financing Cash Flow 23,281,000 -29,300,000 -128,288,000 185,243,000
Summary
Free Cash Flow -15,597,000 4,398,000 10,602,000 61,458,000
Net Change in Cash 6,479,000 -41,953,000 -4,303,000 96,044,000
Cash Flow Statement (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Operating Activities
Net Income -92,099,000 -420,228,000 -13,853,000 35,569,000 54,884,000
Depreciation & Amortization 82,910,000 83,858,000 20,926,000 57,452,000 7,114,000
Stock Based Compensation 33,543,000 33,763,000 30,401,000 19,304,000 5,877,000
Change in Working Capital -15,204,000 -55,963,000 1,854,000 -64,031,000 -5,429,000
Operating Cash Flow 11,880,000 28,677,000 15,862,000 84,738,000 62,795,000
Investing Activities
Capital Expenditure -27,477,000 -24,279,000 -5,260,000 -23,280,000 -9,204,000
Investments -27,477,000 -24,279,000 -5,260,000 -23,280,000 0
Investing Cash Flow -27,477,000 -43,848,000 -9,759,000 -172,002,000 -37,808,000
Financing Activities
Debt Repayment 25,000,000 -27,134,000 -123,599,000 -52,772,000 -20,000,000
Common Stock Issued/Repurchased 0 1,585,000 -4,689,000 -4,305,000 0
Dividends Paid 0 0 0 -4,305,000 0
Financing Cash Flow 23,281,000 -29,300,000 -128,288,000 185,243,000 -15,216,000
Summary
Free Cash Flow -15,597,000 4,398,000 10,602,000 61,458,000 53,591,000
Net Change in Cash 6,479,000 -41,953,000 -4,303,000 96,044,000 9,459,000