Digital Turbine, Inc. (APPS)

NASDAQ: APPS · IEX Real-Time Price · USD
+0.88 (10.69%)
At close: May 26, 2023, 4:00 PM
+0.08 (0.88%)
Pre-market: May 30, 2023, 4:19 AM EDT

Total Valuation

APPS has a market cap or net worth of $903.69 million. The enterprise value is $1.24 billion.

Market Cap 903.69M
Enterprise Value 1.24B

Important Dates

The last earnings date was Wednesday, May 24, 2023, after market close.

Earnings Date May 24, 2023
Ex-Dividend Date n/a

Share Statistics

APPS has 99.20 million shares outstanding. The number of shares has decreased by -0.80% in one year.

Shares Outstanding 99.20M
Shares Change (YoY) -0.80%
Shares Change (QoQ) -6.88%
Owned by Insiders (%) 3.61%
Owned by Institutions (%) 73.11%
Float 89.89M

Valuation Ratios

The trailing PE ratio is 56.94 and the forward PE ratio is 11.39. APPS's PEG ratio is 1.14.

PE Ratio 56.94
Forward PE 11.39
PS Ratio 1.36
Forward PS 2.11
PB Ratio 1.50
P/FCF Ratio 10.10
PEG Ratio 1.14
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.81, with an EV/FCF ratio of 13.84.

EV / Earnings 74.29
EV / Sales 1.86
EV / EBITDA 9.81
EV / EBIT 27.42
EV / FCF 13.84

Financial Position

The company has a current ratio of 1.20, with a Debt / Equity ratio of 0.68.

Current Ratio 1.20
Quick Ratio 1.15
Debt / Equity 0.68
Debt / EBITDA 3.25
Debt / FCF 4.59

Financial Efficiency

Return on equity (ROE) is 2.80% and return on invested capital (ROIC) is 9.80%.

Return on Equity (ROE) 2.80%
Return on Assets (ROA) 1.20%
Return on Capital (ROIC) 9.80%
Revenue Per Employee $789,005
Profits Per Employee $19,755
Employee Count 844
Asset Turnover 0.49
Inventory Turnover n/a


In the past 12 months, APPS has paid $5.15 million in taxes.

Income Tax 5.15M
Effective Tax Rate 23.58%

Stock Price Statistics

The stock price has decreased by -63.62% in the last 52 weeks. The beta is 2.46, so APPS's price volatility has been higher than the market average.

Beta (1Y) 2.46
52-Week Price Change -63.62%
50-Day Moving Average 12.03
200-Day Moving Average 14.78
Average Volume (30 Days) 2,115,685

Short Selling Information

The latest short interest is 6.34 million, so 6.39% of the outstanding shares have been sold short.

Short Interest 6.34M
Short Previous Month 6.55M
Short % of Shares Out 6.39%
Short % of Float 7.05%
Short Ratio (days to cover) 4.93

Income Statement

In the last 12 months, APPS had revenue of $665.92 million and earned $16.67 million in profits. Earnings per share was $0.16.

Revenue 665.92M
Gross Profit 320.23M
Operating Income 46.17M
Pretax Income 21.82M
Net Income 16.67M
EBITDA 126.24M
EBIT 45.17M
Earnings Per Share (EPS) $0.16
Full Income Statement

Balance Sheet

The company has $75.56 million in cash and $410.52 million in debt, giving a net cash position of -$334.96 million or -$3.38 per share.

Cash & Cash Equivalents 75.56M
Total Debt 410.52M
Net Cash -334.96M
Net Cash Per Share -$3.38
Equity / Book Value 603.14M
Book Value Per Share 6.08
Working Capital 45.15M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $113.38 million and capital expenditures -$23.86 million, giving a free cash flow of $89.52 million.

Operating Cash Flow 113.38M
Capital Expenditures -23.86M
Free Cash Flow 89.52M
FCF Per Share $0.91
Full Cash Flow Statement


Gross margin is 48.09%, with operating and profit margins of 6.93% and 2.50%.

Gross Margin 48.09%
Operating Margin 6.93%
Pretax Margin 3.28%
Profit Margin 2.50%
EBITDA Margin 18.96%
EBIT Margin 6.78%
FCF Margin 13.44%

Dividends & Yields

APPS does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield 1.85%
FCF Yield 9.91%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield 0.80%
Shareholder Yield 0.80%
Dividend Details

Analyst Forecast

The average price target for APPS is $12.80, which is 40.51% higher than the current price. The consensus rating is "Buy".

Price Target $12.80
Price Target Difference 40.51%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (5Y) 3.95%
EPS Growth Forecast (5Y) 36.23%
Stock Forecasts

Stock Splits

The last stock split was on April 15, 2013. It was a reverse split with a ratio of 1:5.

Last Split Date Apr 15, 2013
Split Type Reverse
Split Ratio 1:5