The numbers announced yesterday are very impressive:
- projected revenue of $4B (3 to 5 years from now)
- projected EBITDA of $1B (3 to 5 years from now)
- Single Tap annualized revenue of $1B (12 to 18 months from now)
When you take into account that the current market capitalization of Digital Turbine is $6.7B, these numbers if reached should yield a large appreciation in share price.
Will they deliver?
Bill Stone started the meeting by sharing slides from the previous Analyst Day in 2018 and showing how they beat the numbers announced then.
On 11/3/2016, the share price of Digital Turbine (APPS) reached a low of $0.5599 and in less than 5 years has been multiplied by more than 100: Bill Stone and his team clearly know how to deliver hyper-growth.
The slides are available at