Digital Turbine, Inc. (APPS) Financial Statements (2024 and earlier)

Company Profile

Business Address 111 NUECES STREET
AUSTIN, TX 78701
State of Incorp. DE
Fiscal Year End March 31
Industry (SIC) 6794 - Patent Owners and Lessors (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
3/31/2023
12/31/2022
MRQ
3/31/2022
3/31/2021
3/31/2020
3/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments75,05879,307126,76830,77821,53410,894
Cash and cash equivalents75,05879,307126,76830,77821,53410,894
Restricted cash and investments500554394340125165
Receivables178,189231,001263,13961,98533,13522,707
Disposal group, including discontinued operation      2,026
Deposits current assets    201159132
Other undisclosed current assets12,31931,91220,5704,0813,4941,199
Total current assets:266,066342,774410,87197,38558,44737,123
Noncurrent Assets
Operating lease, right-of-use asset10,07310,97315,4393,4954,237
Property, plant and equipment39,32738,75931,08613,0508,1833,430
Intangible assets, net (including goodwill)941,208955,5211,000,381133,476113,14436,442
Goodwill561,576560,340559,79280,17669,26242,268
Intangible assets, net (excluding goodwill)379,632395,181440,58953,30043,882(5,826)
Deferred income tax assets    12,963 
Other noncurrent assets9,8824,648732   
Other undisclosed noncurrent assets      5,866
Total noncurrent assets:1,000,4901,009,9011,047,638162,984125,56445,738
TOTAL ASSETS:1,266,5561,352,6751,458,509260,369184,01182,861
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities188,559229,700291,80390,96655,31333,558
Employee-related liabilities28,7759,8174,3112,441
Accounts payable119,338154,320167,85834,95331,57914,912
Accrued liabilities69,22175,38095,17046,19619,42316,205
Debt   12,50014,5571,188 
Disposal group, including discontinued operation      3,924
Business combination, contingent consideration, liability     23,735 
Other liabilities21,37743,46030,9605,6262,573826
Other undisclosed current liabilities10,98416,20650,000   
Total current liabilities:220,920289,366385,263111,14982,80938,308
Noncurrent Liabilities
Long-term debt and lease obligation410,522422,310520,785 18,505 
Long-term debt, excluding current maturities410,522422,310520,785 18,505 
Liabilities, other than long-term debt27,85933,37236,2464,1085,243182
Deferred income tax liabilities13,94018,78619,976  
Other liabilities13,91914,58616,2704,1085,243182
Other undisclosed noncurrent liabilities      8,013
Total noncurrent liabilities:438,381455,682557,0314,10823,7488,195
Total liabilities:659,301745,048942,294115,257106,55746,503
Equity
Equity, attributable to parent605,196605,649514,571145,11277,45436,358
Preferred stock100100100100100100
Common stock101010101010
Treasury stock, value(71)(71)(71)(71)(71)(71)
Additional paid in capital822,217810,994745,661373,310360,224332,793
Accumulated other comprehensive loss(41,945)(44,201)(39,341)(903)(591)(356)
Accumulated deficit(175,115)(161,183)(191,788)(227,334)(282,218)(296,118)
Equity, attributable to noncontrolling interest 2,0591,9781,644   
Total equity:607,255607,627516,215145,11277,45436,358
TOTAL LIABILITIES AND EQUITY:1,266,5561,352,6751,458,509260,369184,01182,861

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
3/31/2023
12/31/2022
TTM
3/31/2022
3/31/2021
3/31/2020
3/31/2019
Revenues665,9201,054,901747,596313,579138,715103,569
Cost of revenue(345,692)(540,595)(400,486)(181,007)(85,042)(68,004)
Cost of goods and services sold(309,247)(237,618)(370,648)(178,649)(83,588)(65,981)
Other undisclosed gross profit36,44557,27629,838   
Gross profit:356,673571,582376,948132,57253,67335,565
Operating expenses(274,063)(410,006)(254,869)(73,363)(40,461)(32,120)
Other undisclosed operating loss(36,445)(57,276)(29,838)   
Operating income (loss):46,165104,30092,24159,20913,2123,445
Nonoperating expense(24,149)(48,367)(48,269)(17,352)(9,307)(7,278)
Gain (loss), foreign currency transaction, before tax(1,026)(595)2,062  3
Other nonoperating income (expense)229392(749)(146)232153
Interest and debt expense(23,352)(16,224) (1,043)(107)(431)
Other undisclosed income from continuing operations before equity method investments, income taxes    1,043107431
Income (loss) from continuing operations before equity method investments, income taxes:(1,336)39,70943,97241,8573,905(3,833)
Other undisclosed income from continuing operations before income taxes23,35216,224    
Income (loss) from continuing operations before income taxes:22,01655,93343,97241,8573,905(3,833)
Income tax expense (benefit)(5,146)(8,164)(8,403)13,02710,375(469)
Other undisclosed loss from continuing operations  (8,403)    
Income (loss) from continuing operations:16,87039,36635,56954,88414,280(4,302)
Income (loss) before gain (loss) on sale of properties:35,30435,56954,88413,900(6,010)
Loss from discontinued operations     (380)(1,708)
Net income (loss):16,87039,36635,56954,88413,900(6,010)
Net loss attributable to noncontrolling interest(197)(118)(23)   
Other undisclosed net income attributable to parent  2,075    
Net income (loss) available to common stockholders, diluted:16,67341,32335,54654,88413,900(6,010)

Comprehensive Income ($ in thousands)

9/30/2023
TTM
3/31/2023
12/31/2022
TTM
3/31/2022
3/31/2021
3/31/2020
3/31/2019
Net income (loss):16,87039,36635,56954,88413,900(6,010)
Other undisclosed comprehensive income (loss)(2,386)(44,039)(39,395)   
Comprehensive income (loss):14,484(4,673)(3,826)54,88413,900(6,010)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(415)(334)934   
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  3,351 (312)(235)(31)
Comprehensive income (loss), net of tax, attributable to parent:14,069(1,656)(2,892)54,57213,665(6,041)

Statements Sources

The financial statements are based on the Company's filings with 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: