Digital Turbine, Inc. (APPS) financial statements (2020 and earlier)
Company profile
| Business Address |
111 NUECES STREET AUSTIN, TX 78701 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| SIC | 6794 - Patent Owners and Lessors (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 TTM | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | 3/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 34 | 11 | 13 | 6 | 11 | 7 | 22 | ||
| Cash and cash equivalents | 34 | 11 | 13 | 6 | 11 | 7 | 22 | ||
| Restricted cash and investments | 0 | 0 | 0 | 0 | |||||
| Receivables | 27 | 23 | 17 | 17 | 18 | 17 | 5 | ||
| Disposal group, including discontinued operation | 2 | 2 | 9 | ||||||
| Deposits current assets | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Other undisclosed current assets | 2 | 1 | 1 | 1 | 1 | (4) | 1 | ||
| Total current assets: | 64 | 37 | 40 | 24 | 30 | 20 | 27 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 5 | 3 | 3 | 2 | 2 | 1 | 0 | ||
| Long-term investments and receivables | 1 | ||||||||
| Long-term investments | 1 | ||||||||
| Intangible assets, net (including goodwill) | 42 | 36 | 43 | 81 | 89 | 102 | 14 | ||
| Goodwill | 42 | 42 | 42 | 77 | 77 | 77 | 5 | ||
| Intangible assets, net (excluding goodwill) | (6) | 1 | 5 | 12 | 25 | 9 | |||
| Other undisclosed noncurrent assets | 6 | 1 | 0 | 1 | 0 | 3 | |||
| Total noncurrent assets: | 49 | 46 | 47 | 84 | 92 | 102 | 18 | ||
| TOTAL ASSETS: | 114 | 83 | 87 | 108 | 122 | 123 | 45 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 40 | 34 | 31 | 29 | 26 | 17 | 5 | ||
| Accounts payable | 21 | 15 | 20 | 20 | 15 | 8 | 3 | ||
| Accrued liabilities | 16 | 16 | 8 | 9 | 10 | 7 | |||
| Employee-related liabilities | 3 | 2 | 3 | 1 | 1 | 2 | 2 | ||
| Debt | 1 | 11 | 4 | ||||||
| Derivative instruments and hedges, liabilities | 6 | ||||||||
| Disposal group, including discontinued operation | 3 | 4 | 13 | ||||||
| Deferred tax liabilities | ✕ | 0 | 3 | ||||||
| Other liabilities | 4 | 1 | 1 | 1 | 2 | 3 | 1 | ||
| Other undisclosed current liabilities | 3 | ||||||||
| Total current liabilities: | 54 | 38 | 46 | 31 | 39 | 24 | 12 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 4 | 10 | 7 | ||||||
| Long-term debt, excluding current maturities | 4 | 10 | 7 | ||||||
| Liabilities, other than long-term debt | 2 | 0 | 1 | 1 | |||||
| Other liabilities | 2 | 0 | 1 | 1 | |||||
| Other undisclosed noncurrent liabilities | 8 | 9 | 4 | 0 | |||||
| Total noncurrent liabilities: | 2 | 8 | 13 | 15 | 1 | 7 | 0 | ||
| Total liabilities: | 56 | 47 | 59 | 46 | 40 | 31 | 12 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 57 | 36 | 28 | 62 | 82 | 92 | 33 | ||
| Preferred stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (0) | (0) | (0) | (0) | (0) | (0) | (0) | ||
| Additional paid in capital | 354 | 333 | 318 | 300 | 295 | 277 | 193 | ||
| Accumulated other comprehensive loss | (1) | (0) | (0) | (0) | (0) | (0) | (0) | ||
| Accumulated deficit | (296) | (296) | (290) | (237) | (213) | (185) | (160) | ||
| Total stockholders' equity: | 57 | 36 | 28 | 62 | 82 | 92 | 33 | ||
| TOTAL LIABILITIES AND EQUITY: | 114 | 83 | 87 | 108 | 122 | 123 | 45 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 TTM | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | 3/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 127 | 104 | 75 | 92 | 87 | 28 | 24 | |
| Cost of revenue | (77) | (68) | (50) | (78) | (77) | (22) | (17) | |
| Cost of goods and services sold | (76) | (66) | (50) | (78) | (77) | (22) | (17) | |
| Gross profit: | 49 | 36 | 25 | 13 | 10 | 6 | 8 | |
| Operating expenses | (37) | (32) | (31) | (35) | (36) | (30) | (23) | |
| Operating income (loss): | 12 | 3 | (6) | (22) | (26) | (24) | (16) | |
| Nonoperating expense | (18) | (7) | (15) | (2) | (2) | (0) | (2) | |
| Investment income, nonoperating | (2) | (1) | (8) | 0 | (1) | |||
| Foreign currency transaction gain (loss), before tax | (0) | 0 | (0) | (0) | (0) | 0 | 0 | |
| Other nonoperating income (expense) | 1 | 0 | (0) | (0) | 0 | |||
| Interest and debt expense | (0) | (0) | (2) | (0) | (0) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 0 | 0 | 2 | 0 | 0 | |||
| Loss from continuing operations before income taxes: | (6) | (4) | (21) | (24) | (28) | (24) | (17) | |
| Income tax expense (benefit) | (0) | (0) | 1 | 0 | (0) | (1) | 0 | |
| Loss from continuing operations: | (7) | (4) | (20) | (24) | (28) | (25) | (17) | |
| Loss from discontinued operations | (0) | (2) | (33) | (2) | ||||
| Other undisclosed loss before gain (loss) on sale of properties | (2) | |||||||
| Net loss: | (8) | (6) | (53) | (24) | (28) | (25) | (19) | |
| Other undisclosed net income attributable to parent | 1 | |||||||
| Net loss available to common stockholders, diluted: | (7) | (6) | (53) | (24) | (28) | (25) | (19) | |
Comprehensive Income ($ in millions)
| 12/31/2019 TTM | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | 3/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (8) | (6) | (53) | (24) | (28) | (25) | (19) | |
| Comprehensive loss: | (8) | (6) | (53) | (24) | (28) | (25) | (19) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1 | (0) | (0) | (0) | (0) | 0 | 0 | |
| Comprehensive loss, net of tax, attributable to parent: | (7) | (6) | (53) | (24) | (28) | (25) | (19) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.