APPS

I haven't seen Digital Turbine Inc (APPS) discussed on this board yet, and thought it may be of 
interest to bring to your attention this fast growing stock.

According to its description: "Digital Turbine, Inc., through its subsidiaries, simplifies content 
discovery and delivers it directly to the device. Its on-device media platform powers frictionless 
application and content discovery, user acquisition and engagement, operational efficiency, and 
monetization opportunities. Through September 30, 2020, Digital Turbine's technology platform has 
been adopted by more than 40 mobile operators and device original equipment manufacturers ("OEMs"), 
and has delivered more than 4 billion application preloads for tens of thousands of advertising 
campaigns. "

Its current market cap is only $3.8 billion, and is profitable (P/E ratio expected 54).  

Its most recent QoQ revenue growth 116%, and 3-year growth rate is 47%.  

EPS quarterly growth was 200%, with 3-year EPS growth rate of 246%.

Last 4 quaters:
              9/20 6/20 3/20 12/19 9/19
Revenue       70.9 59.0 39.4 36.0  32.8
QoQ Growth %  20%  50%  9%   10%
Gross Profit  29.7 26.2 15.3 14.0  12.3
Gross Margin  42   44   39   39    38
Net Income     0.4  9.9 13.8  3.3  (1.4)
EBIT          12.1 10.6  2.9  4.1

Last 4 years:
              2020  2019  2018 2017
Revenue       138.7 103.6 74.8 91.6
Gross Margin   53.7  35.6 25.1 13.4

The stock has done quite well recently, up 53% since 10/30, and 106% since 7/31.

I'm hoping our tech experts on this board can shed more light on this company as a potential 
investment opportunity.

Bashuzi
2 Likes

There has been some discussion on Digital Turbines in the past. Try looking back at old threads.

Mike

2 Likes