$149.9 M

APPS Mkt cap, 30-Nov-2018

$23.9 M

Digital Turbine Revenue Q2, 2019
Digital Turbine Gross profit (Q2, 2019)7.5 M
Digital Turbine Gross profit margin (Q2, 2019), %31.6%
Digital Turbine Cash, 30-Sep-20188.3 M

Digital Turbine Revenue

Digital Turbine revenue was $74.75 m in FY, 2018

Embed Graph

Digital Turbine Revenue Breakdown

Embed Graph

Digital Turbine revenue breakdown by business segment: 66.8% from Advertising and 33.2% from Content

Digital Turbine Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

24.4m28.3m86.5m91.6m74.8m

Revenue growth, %

16%206%6%

Cost of goods sold

16.6m22.1m76.7m78.2m49.7m

Gross profit

7.8m6.1m9.8m13.4m25.1m

Gross profit Margin, %

32%22%11%15%34%

Sales and marketing expense

1.9m2.9m6.1m6.5m6.1m

R&D expense

7.9m11.0m12.0m9.7m

General and administrative expense

13.4m19.0m18.7m16.8m15.1m

Operating expense total

23.4m22.0m35.8m35.4m30.9m

EBIT

(15.5m)(23.7m)(25.9m)(22.0m)(5.8m)

EBIT margin, %

(64%)(84%)(30%)(24%)(8%)

Interest expense

234.0k1.8m2.6m2.1m

Pre tax profit

17.5m23.9m27.8m

Income tax expense

(214.0k)747.0k(272.0k)(144.0k)

Net Income

(18.7m)(24.6m)(28.0m)(24.3m)(52.9m)

Digital Turbine Balance Sheet

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

21.8m7.1m11.2m6.1m12.7m

Accounts Receivable

6.6m

Current Assets

27.5m20.2m29.7m23.7m39.8m

PP&E

465.0k614.0k1.8m2.4m2.8m

Goodwill

4.8m76.7m76.6m76.6m42.3m

Total Assets

45.1m122.6m122.1m107.6m86.6m

Accounts Payable

2.9m8.1m15.3m19.9m19.9m

Short-term debt

10.6m3.6m

Current Liabilities

11.9m24.0m39.0m30.8m46.4m

Long-term debt

Total Debt

10.6m3.6m

Total Liabilities

12.1m31.0m39.8m45.5m58.9m

Common Stock

8.0k8.0k10.0k

Preferred Stock

100.0k100.0k100.0k

Additional Paid-in Capital

193.4m276.5m295.4m299.6m318.1m

Retained Earnings

(160.3m)(185.0m)(213.0m)(237.3m)(290.1m)

Total Equity

33.0m91.5m82.3m62.0m27.7m

Debt to Equity Ratio

0.1 x0 x

Debt to Assets Ratio

0.1 x0 x

Financial Leverage

1.4 x1.3 x1.5 x1.7 x3.1 x

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

7.8m4.7m18.7m16.7m11.4m6.2m4.6m13.7m9.4m9.4m5.7m6.3m5.9m6.9m8.6m8.3m

Accounts Receivable

(7.5m)

Inventories

444.0k

Current Assets

14.3m11.4m24.4m21.7m17.6m19.7m19.8m31.4m25.7m27.9m26.0m27.5m30.5m40.4m33.7m34.2m

PP&E

427.0k459.0k470.0k422.0k414.0k878.0k1.2m1.5m2.0m2.5m2.5m2.5m2.6m2.7m2.7m3.1m

Goodwill

4.8m4.8m6.3m6.3m7.3m76.8m76.6m76.6m76.6m76.6m76.6m76.6m76.6m76.6m42.3m42.3m

Total Assets

30.5m27.2m38.5m35.9m33.3m120.3m115.8m125.1m116.5m117.1m112.2m110.9m113.8m123.2m80.2m80.7m

Accounts Payable

5.6m4.9m3.5m3.8m3.8m10.7m13.2m13.7m15.1m20.1m19.8m20.3m23.3m28.4m18.3m26.8m

Short-term debt

3.5m3.3m3.2m

Current Liabilities

11.0m10.7m9.1m10.0m11.7m28.1m29.8m30.9m39.4m31.4m31.5m35.2m39.0m48.2m41.9m41.9m

Total Debt

3.5m3.3m3.2m

Total Liabilities

11.3m11.0m9.1m10.0m11.7m35.3m37.2m38.3m40.3m47.1m43.7m52.1m53.6m63.5m51.4m48.6m

Common Stock

8.0k8.0k8.0k8.0k10.0k10.0k10.0k10.0k

Preferred Stock

100.0k100.0k100.0k100.0k100.0k100.0k100.0k100.0k

Additional Paid-in Capital

172.5m173.8m194.5m196.0m197.3m278.1m280.0m294.0m296.7m297.9m299.0m300.5m308.4m311.6m318.7m320.4m

Retained Earnings

(153.5m)(157.7m)(164.9m)(170.1m)(175.6m)(193.1m)(201.4m)(207.2m)(220.4m)(227.7m)(230.3m)(241.4m)(247.9m)(251.7m)(289.6m)(287.9m)

Total Equity

19.2m16.3m29.5m25.8m21.7m85.0m78.6m86.8m76.2m70.0m68.5m58.7m60.2m59.7m28.8m32.2m

Debt to Equity Ratio

0 x0 x

Debt to Assets Ratio

0 x0 x

Financial Leverage

1.6 x1.7 x1.3 x1.4 x1.5 x1.4 x1.5 x1.4 x1.5 x1.7 x1.6 x1.9 x1.9 x2.1 x2.8 x2.5 x

Digital Turbine Cash Flow

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(18.7m)(24.6m)(28.0m)(24.3m)

Depreciation and Amortization

1.9m2.1m11.0m8.2m2.7m

Accounts Receivable

(734.0k)(406.0k)(5.1m)833.0k(7.1m)

Inventories

(2.6m)(142.0k)57.0k

Accounts Payable

(893.0k)(379.0k)7.3m4.6m8.1m

Cash From Operating Activities

(7.8m)(14.5m)(7.1m)(7.0m)7.0m

Purchases of PP&E

(207.0k)

Cash From Investing Activities

(981.0k)(878.0k)(674.0k)(596.0k)

Cash From Financing Activities

29.6m511.0k12.1m1.7m

Interest Paid

1.0m1.4m1.1m

Income Taxes Paid

74.0k2.0k

Free Cash Flow

(8.6m)5.0m

Digital Turbine Ratios

USDY, 2018

Financial Leverage

2.5 x
Report incorrect company information

Digital Turbine Operating Metrics

Digital Turbine's Monthly Active Users was reported to be 31 m in May, 2017.
May, 2017

Installations

150 m

Monthly Active Users

31 m
Report incorrect company information

Digital Turbine Employee Rating

3.838 votes
Culture & Values
3.8
Work/Life Balance
3.8
Senior Management
3.5
Salary & Benefits
3.9
Career Opportunities
3.8
Source