APPS: Digital Turbine Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Digital Turbine Inc (APPS).
$285.09M Market Cap.
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%) |
