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Digital Turbine, Inc. (APPS)

Income Statement Business | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-23Mar-31-22Mar-31-21Mar-31-20Mar-31-19Mar-31-18Mar-31-17Mar-31-16
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues  665.9747.6313.6138.7103.674.840.222.3
            Revenue growth  -10.9%138.4%126.1%33.9%38.6%85.9%80.7%-21.2%
Cost of goods sold   [+]345.7400.5181.085.069.2100.859.649.1
Gross profit  320.2347.1132.653.734.3-26.1-19.4-26.8
            Gross margin  48.1%46.4%42.3%38.7%33.2%-34.9%-48.3%-120.5%
Selling, general and administrative   [+]217.6202.153.228.421.221.218.919.1
Research and development  56.552.720.112.010.99.79.34.9
Other operating expenses   41.115.8 -1.2-51.1-30.7-28.3
EBITDA   [+]127.2108.650.615.66.2-3.1-14.4-14.7
            EBITDA margin  19.1%14.5%16.1%11.2%6.0%-4.2%-35.7%-65.9%
Depreciation  16.59.04.32.11.51.2-4.50.4
EBITA  110.899.646.213.44.7-4.4-9.9-15.1
            EBITA margin  16.6%13.3%14.7%9.7%4.5%-5.9%-24.6%-67.7%
Amortization of intangibles  64.648.42.80.21.21.47.17.5
EBIT   [+]46.251.243.513.23.4-5.8-17.0-22.5
            EBIT margin  6.9%6.8%13.9%9.5%3.3%-7.8%-42.2%-101.3%
Non-recurring items   -41.1-15.8     
Interest expense, net   [+]23.48.51.00.01.12.12.61.7
Other income (expense), net   [+]-0.8-39.8-16.3-9.3-6.2-12.80.30.0
Pre-tax income  22.044.041.93.9-3.8-20.6-19.3-24.3
Income taxes  5.18.4-13.0-10.40.5-1.0-0.10.2
            Tax rate  23.4%19.1%   4.6%0.7% 
Minority interest  0.20.0      
Earnings from continuing ops  16.735.554.928.6-4.3-19.7-19.1-24.5
Earnings from discontinued ops     -0.4    
Net income  16.735.554.928.2-6.0-52.9-24.3-28.0
            Net margin  2.5%4.8%17.5%20.3%-5.8%-70.7%-60.3%-126.0%
   
Basic EPS   [+]$0.17$0.37$0.62$0.34($0.06)($0.28)($0.29)($0.40)
Diluted EPS   [+]$0.16$0.35$0.57$0.32($0.06)($0.28)($0.29)($0.40)
   
Shares outstanding (basic)   [+]98.895.288.584.677.470.366.561.8
Shares outstanding (diluted)   [+]101.8102.696.289.677.470.366.561.8
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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