Digital Turbine simplifies content discovery and delivers relevant content directly to consumer devices. The Company's on-demand media platform powers frictionless app and content discovery, user acquisition and engagement, operational efficiency and monetization opportunities. Digital Turbine's technology platform has been adopted by more than 40 mobile operators and OEMs worldwide, and has delivered more than three billion app preloads for tens of thousands of advertising campaigns. The Company is headquartered in Austin, Texas, with global offices in Arlington, Durham, Mumbai, San Francisco, Singapore and Tel Aviv.
Company profile
Ticker
APPS
Exchange
Website
CEO
William Stone
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
DYNAMICWEB ENTERPRISES INC, EB2B COMMERCE INC /NY/, EB2B COMMERCE INC //, EB2B COMMERCE INC /NY/, Mandalay Digital Group, Inc., Mandalay Media, Inc., Mediavest, Inc., NeuMedia, Inc., SEAHAWK CAPITAL CORP
SEC CIK
Corporate docs
Subsidiaries
Digital Turbine USA, Inc. • Digital Turbine (EMEA) Ltd. • Digital Turbine Luxembourg S.a.r.l. • Digital Turbine Media, Inc. • Digital Turbine Singapore Pte Ltd. • Mobile Posse, Inc. • Digital Turbine LATAM Servicos de Intermediacao de Midia LTDA. • Triapodi Ltd. • AdColony Holdings • AdColony, Inc. ...
IRS number
222267658
APPS stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
8 Feb 23
8-K
Digital Turbine Reports Fiscal 2023 Third Quarter Financial Results
8 Feb 23
10-Q
2023 Q2
Quarterly report
9 Nov 22
8-K
Digital Turbine Reports Fiscal 2023 Second Quarter Financial Results
9 Nov 22
CT ORDER
Confidential treatment order
21 Sep 22
8-K
Submission of Matters to a Vote of Security Holders
1 Sep 22
10-Q
2023 Q1
Quarterly report
8 Aug 22
8-K
Digital Turbine Reports Fiscal 2023 First Quarter Financial Results
8 Aug 22
8-K
Departure of Directors or Certain Officers
21 Jul 22
DEFA14A
Additional proxy soliciting materials
15 Jul 22
Transcripts
APPS
Earnings call transcript
2023 Q3
8 Feb 23
APPS
Earnings call transcript
2023 Q2
10 Nov 22
APPS
Earnings call transcript
2023 Q1
9 Aug 22
APPS
Earnings call transcript
2022 Q4
31 May 22
APPS
Earnings call transcript
2022 Q3
9 Feb 22
APPS
Earnings call transcript
2022 Q2
3 Nov 21
APPS
Earnings call transcript
2022 Q1
10 Aug 21
APPS
Earnings call transcript
2021 Q4
2 Jun 21
APPS
Earnings call transcript
2021 Q3
4 Feb 21
APPS
Earnings call transcript
2021 Q2
29 Oct 20
Latest ownership filings
4/A
ROBERT M DEUTSCHMAN
20 Mar 23
4
ROBERT M DEUTSCHMAN
20 Mar 23
4
WILLIAM GORDON STONE III
17 Mar 23
4
ROBERT M DEUTSCHMAN
15 Mar 23
4
ROBERT M DEUTSCHMAN
14 Mar 23
4
Matthew Gillis
6 Mar 23
4
J. BARRETT GARRISON
2 Mar 23
4
WILLIAM GORDON STONE III
2 Mar 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
4
Matthew Gillis
6 Feb 23
Financial summary
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| Annual (USD) | Mar 22 | Mar 21 | Mar 20 | Mar 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 79.86 mm | 79.86 mm | 79.86 mm | 79.86 mm | 79.86 mm | 79.86 mm |
| Cash burn (monthly) | 1.12 mm | 2.96 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 3.37 mm | 8.95 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 76.49 mm | 70.92 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 68.5 | 23.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
65.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 268 |
| Opened positions | 36 |
| Closed positions | 26 |
| Increased positions | 91 |
| Reduced positions | 94 |
| 13F shares | Current |
|---|---|
| Total value | 1.49 tn |
| Total shares | 65.32 mm |
| Total puts | 2.51 mm |
| Total calls | 3.13 mm |
| Total put/call ratio | 0.8 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 15.09 mm | $229.95 bn |
| Vanguard | 10.78 mm | $164.35 bn |
| Granahan Investment Management | 3.44 mm | $52.43 bn |
| STT State Street | 3.21 mm | $48.97 bn |
| American Century Companies | 2.14 mm | $32.63 bn |
| D. E. Shaw & Co. | 2.03 mm | $30.94 bn |
| Rice Hall James & Associates | 1.87 mm | $28.57 bn |
| Geode Capital Management | 1.69 mm | $25.78 bn |
| MS Morgan Stanley | 1.39 mm | $21.22 bn |
| GS Goldman Sachs | 1.09 mm | $16.57 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 Mar 23 | Robert M Deutschman | Common Stock | Buy | Acquire P | No | No | 10.3 | 0 | 0.00 | 299,017 |
| 17 Mar 23 | Robert M Deutschman | Common Stock | Buy | Acquire P | No | No | 10.3 | 5,000 | 51.50 k | 299,017 |
| 16 Mar 23 | Stone William Gordon Iii | Common Stock | Sell | Dispose S | No | No | 10.26 | 35,000 | 359.10 k | 1,612,789 |
| 15 Mar 23 | Stone William Gordon Iii | Common Stock | Sell | Dispose S | No | No | 10.54 | 35,000 | 368.90 k | 1,647,789 |
| 14 Mar 23 | Robert M Deutschman | Common Stock | Buy | Acquire P | No | No | 10.24 | 5,000 | 51.20 k | 294,017 |
| 13 Mar 23 | Robert M Deutschman | Common Stock | Buy | Acquire P | No | No | 9.8 | 15,000 | 147.00 k | 289,017 |
| 9 Feb 23 | Robert M Deutschman | Common Stock | Gift | Dispose G | Yes | No | 0 | 10,000 | 0.00 | 318,268 |
News
Flexion And Digital Turbine Announce Strategic Partnership To Unlock Alternative App Distribution And Superior Monetization
20 Mar 23
What 4 Analyst Ratings Have To Say About Digital Turbine
13 Mar 23
B. Riley Securities Maintains Neutral on Digital Turbine, Lowers Price Target to $9
13 Mar 23
Stocks That Hit 52-Week Lows On Friday
10 Mar 23
What Does Digital Turbine's Debt Look Like?
8 Mar 23
Press releases
Digital Turbine Launches GamesHub with UScellular, Delivering Users a Highly Curated Environment for Premium App Discovery
16 Mar 23
DIGITAL TURBINE INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Digital Turbine, Inc. - APPS
10 Mar 23
Netflix, Amazon, and Marriot Bonvoy Top the List of Apps Consumers LOVE - Positioning them for Mobile Growth
9 Mar 23
Digital Turbine to Participate in the 35th Annual Roth Conference on March 13th and 14th, 2023
2 Mar 23
MobileX Officially Launches as the Most Customizable Wireless Service Solely Designed to Save Consumers Money
27 Feb 23