Digital Turbine (APPS) Company Overview

Shares of small technology company Digital Turbine (APPS 82.48%) skyrocketed on Thursday, and I mean that quite literally. The company reported financial results for its fiscal third quarter of 2025.

Digital Turbine's stock surged 30% after a solid earnings beat and raised guidance, but its balance sheet remains precarious, necessitating potential shareholder dilution. Despite improved brand relationships and a positive revenue outlook, the company's net debt and low cash reserves are concerning. The stock is cheap, trading at less than 1x forward sales, but poor EBITDA to free cash flow conversion limits its attractiveness.

Digital Turbine, Inc. (NASDAQ:APPS ) Q3 2025 Earnings Conference Call February 5, 2025 4:30 PM ET Company Participants Brian Bartholomew - Head of Investor Relations Bill Stone - Chief Executive Officer Stephen Lasher - Chief Financial Officer Barrett Garrison - Executive Vice President and Chief Financial Officer Conference Call Participants Anthony Stoss - Craig-Hallum Arthur Chu - BofA Securities Operator Good day and welcome to the Digital Turbine Fiscal 2025 Third Quarter Results Conference Call. All participants will be in a listen-only mode.

AUSTIN, Texas , Jan. 23, 2025 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), a global mobile platform company, announced it will host a conference call and webcast to discuss its fiscal 2025 third quarter financial results and operating progress on Wednesday, February 5 th, at 4:30pm ET/1:30pm PT. The call, hosted by Digital Turbine's Chief Executive Officer Bill Stone and Chief Financial Officer Barrett Garrison, can be accessed via webcast link: https://app.webinar.net/r46V3JYXmyx.

Digital Turbine is benefiting from innovative products and global regulatory tailwinds but faces challenges from legacy business declines.

Declining revenues, negative margins and shareholder dilution undermine confidence in a turnaround. The company's balance sheet remains weak with high debt and negative cash flow, making it also difficult to see a turnaround happening soon. Despite a low PS multiple, the current financial risks and operational challenges do not justify a higher valuation in my opinion.

Second  Quarter Revenue Totaled $118.7 Million Second  Quarter GAAP Net Loss of $25.0 Million, or GAAP EPS of ($0.24); Second Quarter Non-GAAP Adjusted Net Income1 of $5.0 Million and Non-GAAP Adjusted EPS1 of $0.05 Second  Quarter Non-GAAP Adjusted EBITDA2 Totaled $15.3 Million AUSTIN, Texas , Nov. 6, 2024 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS) announced financial results for the fiscal second quarter ended September 30, 2024. Recent Financial Highlights: Fiscal second quarter of 2025 revenue totaled $118.7 million, representing an increase of 1% quarter-over-quarter as compared to the fiscal first quarter of 2025, and a decline of 17% year-over-year as compared to the fiscal second quarter of 2024.

Digital Turbine Will Bring a Suite of Android and iOS App Growth Solutions, Including ONE Store's Market Leading Alternative App Marketplace, to North America, the EU, and LATAM AUSTIN, Texas and SEOUL, South Korea , Oct. 30, 2024 /PRNewswire/ -- Digital Turbine , the global leader in growth solutions for the mobile ecosystem, and ONE Store , the leading alternative app marketplace in South Korea, today announce that Digital Turbine is acquiring ONE Store International, a subsidiary of ONE Store focused on global expansion. DT and ONE Store are partnering to create a fairer app ecosystem and expand alternative app growth globally This acquisition marks the next phase in the strategic partnership between the two companies, aimed at empowering app developers to grow their business globally beyond the incumbent app stores.

AUSTIN, Texas , Oct. 25, 2024 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), a global mobile platform company, announced it will host a conference call and webcast to discuss its fiscal 2025 second quarter financial results and operating progress on Wednesday, November 6 th, at 6:00pm ET/1:30pm PT. The call, hosted by Digital Turbine's Chief Executive Officer Bill Stone and Chief Financial Officer Barrett Garrison, can be accessed via webcast link: https://app.webinar.net/pvYVXg0ZeQo.