Digital Turbine (APPS) Stock

2023 Update

About Digital Turbine

Digital Turbine, Inc. is a leading provider of mobile growth solutions, with offices in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, China, Mexico, Central America, and South America. The company is headquatered in Austin, Texas.

With 777 full-time employees, Digital Turbine is a public company listed on the New York Stock Exchange. It operates in the Software—Application industry and serves advertisers, publishers, carriers, and device original equipment manufacturers (OEMs).

Digital Turbine provides a mobile growth platform that offers services such as direct campaign management, ad monetization, and mobile brand-awareness campaigns. Its application media platform includes various product offerings such as news, weather, sports, and other content. It also offers sponsored and editorial content media, programmatic advertising, and media content delivery services.

Digital Turbine, Inc. has a leadership team composed of talented executives, announcing a new president in June of 2019. The company is focused on continuing to deliver products and services that provide the most value to both advertisers and publishers, across the mobile app ecosystem.

Digital Turbine's Performance

Digital Turbine, Inc. is currently performing quite well. The company’s total revenue for the last twelve months was 665.92 million dollars, and its operating cash flow was 113.38 million dollars. Its gross margin is 48.09%, indicating good efficiency in producing and selling its products. Its operating margin also relatively positive, at 7.82%. The company also has a relatively healthy quick ratio of 1.15.

The company’s returns on assets and equity are 2.39% and 3.00% respectively, and its debt to equity ratio is 69.21. This indicates that the company is in a relatively manageable financial situation, and that its leverage is within acceptable levels.

The company also has a relatively healthy balance sheet, with total cash of 75.06 million dollars and total debt of 420.30 million dollars. Its total cash per share is 0.75, and its revenue per share is 6.74.

The company’s stock is currently recommended as a hold by several analysts, with an average recommendation rating of 2.7 out of 5. The stock’s current price is 8.15 dollars, with target mean, median, and high prices of 12.33, 11.00, and 20.00 dollars respectively.

Overall, Digital Turbine, Inc. is performing well and looks to be in a strong financial position.

How does Digital Turbine Perform During a Recession?

Given the unpredictable nature of the economy, Digital Turbine has taken a careful approach to managing its operations. Its strategic approach includes capitalizing on existing programs and partnerships to generate new revenue streams during times of economic decline or recession. For instance, Digital Turbine has made strategic investments in technology and partnerships that enable the company to remain competitive in a changing market.

The company has also taken steps to increase its liquidity by raising additional capital on two separate occasions and engaging in buybacks of its own common stock. This allows Digital Turbine to remain well-positioned during the recession and continue to invest in innovative products and services, growth initiatives, and up-to-date technology.

Digital Turbine has also taken steps to diversify its business model and expand its offerings. It supplies various white-labeled solutions that range from software as a service (SaaS) to digital marketplace solutions to large vendors and partners. The company is also actively exploring new areas of potential, including mobile games, streaming video, and virtual reality.

By investing in emerging technologies, partnering with industry leaders, and developing customized solutions, Digital Turbine is well-positioned to provide its customers with the necessary resources they need to survive and succeed in the current economic climate. As Digital Turbine continues to expand its offerings, its customers can count on its flexible and innovative services for resilient performance during the recession.

How does Digital Turbine Perform During High Inflation Economy?

When it comes to high inflation, Digital Turbine approaches the challenge by developing and executing strategies designed to optimize its pricing and monetization strategies in order to protect profits. This includes taking a proactive approach in anticipating the impact of inflation-driven price increases and adjusting its pricing accordingly. Additionally, the company actively seeks out potential new partners and opportunities within the marketplace that have minimal exposure to inflation.

Finally, Digital Turbine is agile in its operations and actively seeks out ways to minimize its variable costs, such as renegotiating contracts with suppliers to lower overhead costs or leveraging the bigger and bulk negotiated prices from its vendors. Furthermore, the company has made significant investments in technology, training, and recruiting in order to ensure that it can respond quickly to changing market conditions. By ably identifying problems and developing solutions, Digital Turbine has been able to stay resilient in the face of a challenging economic environment.

What Are the Risks Associated to Digital Turbine (APPS)?

However, investing in Digital Turbine, Inc. does carry some risks. For instance, the company has to compete against larger competitors such as Apple, Google, Samsung, Amazon, and Microsoft. Its products are also subject to technological changes, and the introduction of new products can disrupt the market. Additionally, the company may be subject to governmental regulations, and its revenue could be affected by changes in foreign currency exchange rates. Additionally, the company’s financial results could be impacted by volatility in the stock market. Finally, there is always the risk of economic recessions, which could have a negative effect on the company’s bottom line. Therefore, investors should be aware of the risks associated with investing in Digital Turbine, Inc., and should conduct their own research and due diligence before investing.