APPS: Digital Turbine Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Digital Turbine Inc (APPS).

OverviewDividends

$285.09M Market Cap.

As of 06/17/2025 5:00 PM ET (MRY) • Disclaimer

APPS Market Cap. (MRY)


APPS Shares Outstanding (MRY)


APPS Assets (MRY)


Total Assets

$812.85M

Total Liabilities

$658.90M

Total Investments

$0

APPS Income (MRY)


Revenue

$490.51M

Net Income

-$92.10M

Operating Expense

$274.75M

APPS Cash Flow (MRY)


CF Operations

$11.88M

CF Investing

-$27.48M

CF Financing

$23.28M

APPS Balance Sheet (MRY)


Metric

2025

2024

2023

2022

Total Assets

$812,854,000 (-6.09%)

$865,540,000 (-31.66%)

$1,266,556,000 (-13.16%)

$1,458,509,000 (460.17%)

Assets Current

$242,779,000 (0.18%)

$242,341,000 (-8.92%)

$266,066,000 (-35.24%)

$410,871,000 (321.90%)

Assets Non-Current

$570,075,000 (-8.52%)

$623,199,000 (-37.71%)

$1,000,490,000 (-4.50%)

$1,047,638,000 (542.79%)

Goodwill & Intangible Assets

$479,438,000 (-10.15%)

$533,577,000 (-43.31%)

$941,208,000 (-5.92%)

$1,000,381,000 (649.48%)

Shareholders Equity

$153,958,000 (-28.03%)

$213,932,000 (-64.53%)

$603,137,000 (17.59%)

$512,927,000 (253.47%)

Property Plant & Equipment Net

$56,890,000 (3.61%)

$54,909,000 (11.15%)

$49,400,000 (6.18%)

$46,525,000 (181.20%)

Cash & Equivalents

$40,084,000 (19.28%)

$33,605,000 (-55.52%)

$75,558,000 (-40.58%)

$127,162,000 (308.64%)

Accumulated Other Comprehensive Income

-$51,304,000 (-4.80%)

-$48,955,000 (-16.71%)

-$41,945,000 (-6.62%)

-$39,341,000 (-4256.70%)

Deferred Revenue

$35,264,000 (3.92%)

$33,934,000 (-50.98%)

$69,221,000 (0%)

$0 (0%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$181,770,000 (-4.84%)

$191,015,000 (7.20%)

$178,189,000 (-32.28%)

$263,139,000 (324.52%)

Trade & Non-Trade Payables

$139,944,000 (-12.10%)

$159,200,000 (33.40%)

$119,338,000 (-28.91%)

$167,858,000 (380.24%)

Accumulated Retained Earnings (Deficit)

-$687,442,000 (-15.47%)

-$595,343,000 (-239.97%)

-$175,115,000 (8.69%)

-$191,788,000 (15.64%)

Tax Assets

$8,291,000 (75.36%)

$4,728,000 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$16,308,000 (-20.15%)

$20,424,000 (46.51%)

$13,940,000 (-30.22%)

$19,976,000 (0%)

Total Debt

$408,687,000 (6.57%)

$383,490,000 (-6.58%)

$410,522,000 (-23.02%)

$533,285,000 (3563.43%)

Debt Current

$0 (0%)

$0 (0%)

$0 (0%)

$12,500,000 (-14.13%)

Debt Non-Current

$408,687,000 (6.57%)

$383,490,000 (-6.58%)

$410,522,000 (-21.17%)

$520,785,000 (0%)

Total Liabilities

$658,896,000 (1.12%)

$651,608,000 (-1.17%)

$659,301,000 (-30.03%)

$942,294,000 (717.56%)

Liabilities Current

$222,526,000 (-5.72%)

$236,024,000 (6.84%)

$220,920,000 (-42.66%)

$385,263,000 (246.62%)

Liabilities Non-Current

$436,370,000 (5.00%)

$415,584,000 (-5.20%)

$438,381,000 (-21.30%)

$557,031,000 (13459.66%)

APPS Income Statement (MRY)


Metric

2025

2024

2023

2022

Revenues

$490,506,000 (-9.91%)

$544,482,000 (-18.24%)

$665,920,000 (-10.93%)

$747,596,000 (138.41%)

Cost of Revenue

$269,828,000 (-9.16%)

$297,025,000 (-14.08%)

$345,692,000 (-13.68%)

$400,486,000 (121.25%)

Selling General & Administrative Expense

$235,289,000 (1.81%)

$231,098,000 (6.21%)

$217,577,000 (7.63%)

$202,146,000 (279.66%)

Research & Development Expense

$39,464,000 (-27.13%)

$54,157,000 (-4.12%)

$56,486,000 (7.14%)

$52,723,000 (162.06%)

Operating Expenses

$274,753,000 (-55.82%)

$621,895,000 (126.92%)

$274,063,000 (7.53%)

$254,869,000 (247.41%)

Interest Expense

$34,783,000 (12.79%)

$30,838,000 (32.06%)

$23,352,000 (174.89%)

$8,495,000 (746.96%)

Income Tax Expense

$4,235,000 (-72.35%)

$15,317,000 (197.65%)

$5,146,000 (-38.76%)

$8,403,000 (164.50%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$92,099,000 (78.10%)

-$420,448,000 (-2592.28%)

$16,870,000 (-52.57%)

$35,569,000 (-35.19%)

Net Income to Non-Controlling Interests

$0 (0%)

-$220,000 (-211.68%)

$197,000 (756.52%)

$23,000 (0%)

Net Income

-$92,099,000 (78.08%)

-$420,228,000 (-2620.41%)

$16,673,000 (-53.09%)

$35,546,000 (-35.23%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$92,099,000 (78.08%)

-$420,228,000 (-2620.41%)

$16,673,000 (-53.09%)

$35,546,000 (-35.23%)

Weighted Average Shares

$103,747,000 (2.75%)

$100,975,000 (2.22%)

$98,783,000 (3.77%)

$95,198,000 (7.55%)

Weighted Average Shares Diluted

$103,747,000 (2.75%)

$100,975,000 (-0.83%)

$101,816,000 (-0.80%)

$102,640,000 (6.75%)

Earning Before Interest & Taxes (EBIT)

-$53,081,000 (85.81%)

-$374,073,000 (-928.13%)

$45,171,000 (-13.87%)

$52,444,000 (22.36%)

Gross Profit

$220,678,000 (-10.82%)

$247,457,000 (-22.72%)

$320,228,000 (-7.74%)

$347,110,000 (161.83%)

Operating Income

-$54,075,000 (85.56%)

-$374,438,000 (-911.09%)

$46,165,000 (-49.95%)

$92,241,000 (55.79%)

APPS Cash Flow Statement (MRY)


Metric

2025

2024

2023

2022

Net Cash Flow from Investing

-$27,477,000 (37.34%)

-$43,848,000 (-25.05%)

-$35,065,000 (79.61%)

-$172,002,000 (-354.94%)

Net Cash Flow from Financing

$23,281,000 (179.46%)

-$29,300,000 (77.16%)

-$128,288,000 (-169.25%)

$185,243,000 (1317.42%)

Net Cash Flow from Operations

$11,880,000 (-58.57%)

$28,677,000 (-74.71%)

$113,376,000 (33.80%)

$84,738,000 (34.94%)

Net Cash Flow / Change in Cash & Cash Equivalents

$6,479,000 (115.44%)

-$41,953,000 (18.70%)

-$51,604,000 (-153.73%)

$96,044,000 (915.37%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$65,000 (102.40%)

-$2,708,000 (98.18%)

-$148,722,000 (-419.93%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

-$19,634,000 (-131.02%)

-$8,499,000 (0%)

$0 (0%)

Capital Expenditure

-$27,477,000 (-13.17%)

-$24,279,000 (-1.76%)

-$23,858,000 (-2.48%)

-$23,280,000 (-152.93%)

Issuance (Repayment) of Debt Securities

$23,373,000 (186.14%)

-$27,134,000 (78.05%)

-$123,599,000 (-125.11%)

$492,224,000 (9100.26%)

Issuance (Purchase) of Equity Shares

$373,000 (-87.01%)

$2,871,000 (42.13%)

$2,020,000 (-53.02%)

$4,300,000 (-40.35%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

-$1,205,000 (-147.86%)

$2,518,000 (254.76%)

-$1,627,000 (15.92%)

-$1,935,000 (-520.19%)

Share Based Compensation

$33,543,000 (-0.65%)

$33,763,000 (11.06%)

$30,401,000 (57.49%)

$19,304,000 (228.47%)

Depreciation Amortization & Accretion

$86,089,000 (-0.92%)

$86,887,000 (0.18%)

$86,734,000 (50.97%)

$57,452,000 (707.59%)

APPS Financial Metrics (MRY)


Metric

2025

2024

2023

2022

Gross Margin

45.00% (-0.88%)

45.40% (-5.61%)

48.10% (3.66%)

46.40% (9.69%)

Profit Margin

-18.80% (75.65%)

-77.20% (-3188.00%)

2.50% (-47.92%)

4.80% (-72.57%)

EBITDA Margin

6.70% (112.71%)

-52.70% (-366.16%)

19.80% (34.69%)

14.70% (-7.55%)

Return on Average Equity (ROAE)

-52.90% (46.29%)

-98.50% (-3617.86%)

2.80% (-61.11%)

7.20% (-85.51%)

Return on Average Assets (ROAA)

-11.00% (71.72%)

-38.90% (-3341.67%)

1.20% (-52.00%)

2.50% (-89.84%)

Return on Sales (ROS)

-10.80% (84.28%)

-68.70% (-1110.29%)

6.80% (-2.86%)

7.00% (-48.91%)

Return on Invested Capital (ROIC)

-11.10% (87.08%)

-85.90% (-976.53%)

9.80% (-81.33%)

52.50% (103.63%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

-3.05 (-384.29%)

-0.63 (-100.87%)

72.71 (-38.60%)

118.41 (-8.65%)

Price to Sales Ratio (P/S)

0.57 (18.11%)

0.49 (-73.49%)

1.83 (-67.14%)

5.58 (-75.40%)

Price to Book Ratio (P/B)

1.85 (48.28%)

1.25 (-38.56%)

2.03 (-75.45%)

8.28 (-83.27%)

Debt to Equity Ratio (D/E)

4.28 (40.51%)

3.05 (178.68%)

1.09 (-40.50%)

1.84 (131.36%)

Earnings Per Share (EPS)

-0.89 (78.61%)

-4.16 (-2547.06%)

0.17 (-54.05%)

0.37 (-40.32%)

Sales Per Share (SPS)

4.73 (-12.31%)

5.39 (-20.01%)

6.74 (-14.16%)

7.85 (121.65%)

Free Cash Flow Per Share (FCFPS)

-0.15 (-440.91%)

0.04 (-95.14%)

0.91 (40.25%)

0.65 (6.78%)

Book Value Per Share (BVPS)

1.48 (-29.97%)

2.12 (-65.30%)

6.11 (13.33%)

5.39 (228.74%)

Tangible Assets Book Value Per Share (TABVPS)

3.21 (-2.25%)

3.29 (-0.18%)

3.29 (-31.55%)

4.81 (235.56%)

Enterprise Value Over EBIT (EV/EBIT)

-12 (-500.00%)

-2 (-105.71%)

35 (-59.30%)

86 (-48.50%)

Enterprise Value Over EBITDA (EV/EBITDA)

19.93 (1067.15%)

-2.06 (-117.33%)

11.89 (-70.87%)

40.83 (-71.51%)

Asset Turnover

0.58 (15.87%)

0.5 (2.02%)

0.49 (-4.63%)

0.52 (-63.11%)

Current Ratio

1.09 (6.23%)

1.03 (-14.70%)

1.2 (12.95%)

1.07 (21.69%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$15,597,000 (-454.64%)

$4,398,000 (-95.09%)

$89,518,000 (45.66%)

$61,458,000 (14.68%)

Enterprise Value (EV)

$657,933,486 (11.16%)

$591,864,916 (-62.27%)

$1,568,524,637 (-65.04%)

$4,486,519,332 (-37.34%)

Earnings Before Tax (EBT)

-$87,864,000 (78.30%)

-$404,911,000 (-1955.77%)

$21,819,000 (-50.35%)

$43,949,000 (5.00%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$33,008,000 (111.49%)

-$287,186,000 (-317.72%)

$131,905,000 (20.03%)

$109,896,000 (119.91%)

Invested Capital

$479,493,000 (7.55%)

$445,824,000 (1.46%)

$439,392,000 (-8.27%)

$478,988,000 (58727.66%)

Working Capital

$20,253,000 (220.61%)

$6,317,000 (-86.01%)

$45,146,000 (76.30%)

$25,608,000 (286.05%)

Tangible Asset Value

$333,416,000 (0.44%)

$331,963,000 (2.03%)

$325,348,000 (-28.98%)

$458,128,000 (261.03%)

Market Capitalization

$285,093,486 (6.66%)

$267,295,916 (-78.20%)

$1,226,075,637 (-71.14%)

$4,247,868,332 (-40.88%)

Average Equity

$173,961,000 (-59.22%)

$426,576,750 (-27.79%)

$590,733,000 (19.12%)

$495,913,000 (348.97%)

Average Assets

$839,311,750 (-22.37%)

$1,081,187,250 (-19.84%)

$1,348,842,750 (-6.47%)

$1,442,161,000 (545.78%)

Invested Capital Average

$477,301,250 (9.57%)

$435,624,500 (-5.63%)

$461,629,500 (361.78%)

$99,968,000 (3474.73%)

Shares

105,006,809 (2.93%)

102,021,342 (2.85%)

99,197,058 (2.31%)

96,961,158 (8.44%)