Digital Turbine, Inc. (NASDAQ:APPS) Q4 2024 Earnings Conference Call May 28, 2024 4:30 PM ET Company Participants Brian Bartholomew - Senior Vice President, Capital Markets and Strategy Bill Stone - Chief Executive Officer Barrett Garrison - Executive Vice President and Chief Financial Officer Conference Call Participants Omar Dessouky - Bank of America Darren Aftahi - ROTH MKM Tim Nollen - Macquarie Operator Good day and welcome to the Digital Turbine Reports Fourth Quarter and Fiscal 2024 Financial Result ...

Digital Turbine (APPS) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 300%. A quarter ago, it was expected that this mobile software company would post earnings of $0.18 per share when it actually produced earnings of $0.15, delivering a surprise of -16.67%. Over the last four quart ...

公司经营风险 - 公司历史上存在净亏损，未来可能继续亏损，难以实现盈利[39] - 公司在全球范围内经营，面临国际业务带来的各种风险，包括政治、法律、经济等方面的风险[41] - 公司的收入主要来自少数几家无线运营商和客户，如果其中任何一家终止合作或无法履行付款义务，将对财务状况和业绩产生不利影响[45] - 公司可能涉及使用、传输和存储机密信息和个人可识别信息，未能妥善保护这些信息可能导致重大声誉损害和经济损失[51] - 公司的商业和声誉受到信息技术系统故障和网络中断的影响[52] - 系统安全风险、数据保护违规、网络攻击和系统集成问题可能会干扰公司内部运营或向客户提供的信息技术服务，任何这种干扰都可能降低预期收入、增加支出、损害声誉并对股价产生不利影响[53] - 公司业务受到竞争对手降低价格或推出新技术工具的影响，可能导致市场份额减少[64] - 公司未来成功取决于市场增长和产品服务的快速改进和扩展[64] - 移动设备技术不断创新，公司需适应并开发产品以适应行业标准[64] - 公司需不断投资于技术和产品以满足客户需求和行业标准[64] - 公司需及时适应快速变化的监管环境以成功竞争[64] - 公司业务依赖于智能手机、平板电脑等移动设备的持续增长[65] - 移动通信技术的快速变化可能影响公司的成功[65] - 公司需投入更多资源以适应移动设备的复杂性和不兼容性[66] - 公司业务增长和未来收入可能受到移动设备用户减少使用的影响[67] - 公司需应对移动设备或无线网络的实际或感知安全漏洞可能对收入产生不利影响[69] - 公司面临着全球经济放缓和全球贸易长期变化的风险，包括中国政府可能对公司平台和应用实施限制，可能对公司业务造成负面影响[76] - 公司受到数据治理、隐私和数据安全法律、合同义务和行业标准的严格限制和成本影响，可能会损害公司业务[77] - 公司面临反贿赂、反腐败等法律的约束，不遵守这些法律可能导致刑事处罚或重大罚款，损害公司业务和声誉[79] - 公司受到政府经济制裁要求和出口和进口管制的影响，可能影响公司在国际市场的竞争能力，或者导致公司违反适用法律而承担责任[81] - 公司可能会面临知识产权侵权诉讼，可能导致无法使用知识产权，影响业务，并需支付巨额赔偿[85] - 平台中包含第三方开源软件组件，可能对专有软件、技术和解决方案构成风险，影响业务[86] - 开源软件中可能存在未检测到的错误或缺陷，可能导致平台功能受损，延迟新解决方案的推出，损害声誉[87] 财务状况 - 公司的财务报表经过独立注册会计师事务所审计，符合美国通用会计准则[153] - 独立注册会计师事务所对公司的内部财务报告进行审计，认为公司在2024年3月31日保持了有效的内部财务报告控制[165] - 独立注册会计师事务所对公司的内部控制进行了审计，认为公司在2024年3月31日保持了有效的内部控制[167] - 2024财年净收入为54.45亿美元，较上一财年下降18.3%[173] - 2024财年营收成本和运营费用总额为9.19亿美元，较上一财年增长48.1%[173] - 2024财年经营活动现金流为2.87亿美元，较上一财年下降74.7%[174] - 2024财年融资活动现金流为-2.93亿美元，较上一财年下降77.3%[174] - 2024财年现金、现金等价物和受限现金净变动为-4.20亿美元，较上一财年下降181.7%[174] - 2024财年支付利息为3,071.6万美元，较上一财年增长52.1%[175] - 2024财年支付所得税为152.9万美元，较上一财年下降72.9%[175] - 2024财年未支付的资产收购金额为546,000美元，较上一财年增长22.7%[175] - 2024财年未支付的业务收购相关的权益投资调整金额为2,366,000美元，较上一财年下降13.6%[175] - 2024财年股东权益总额为2.14亿美元，较上一财年下降64.6%[176]

财务表现 - 第四季度总收入为1.122亿美元，2024财年总收入为5.445亿美元[1] - 第四季度GAAP净亏损为2.365亿美元，非GAAP调整后净收入为1.26亿美元[1] - 第四季度非GAAP调整后EBITDA为1.23亿美元，2024财年为9.24亿美元[1] - 2024财年GAAP净亏损为4.204亿美元，非GAAP调整后净收入为6.03亿美元[1] - 2024财年非GAAP调整后EBITDA为9.24亿美元，2013财年为1.632亿美元[1] - 公司预计2025财年收入在5.4亿至5.6亿美元之间，非GAAP调整后EBITDA在8500万至9500万美元之间[1] 风险提示 - 公司面临着来自移动广告行业激烈竞争的风险[32] - 公司的业务高度依赖智能手机和其他移动设备的持续增长[32] - 公司面临着与提供移动和在线服务相关的法律责任风险[33] - 公司在知识产权方面存在第三方可能侵权使用的风险[36] - 公司的股票市价可能会出现高度波动[37] - 公司需要大量现金来偿还债务和满足其他资金需求[37] 公司业务 - 新合作伙伴将全球新增超过7000万设备[1] - 公司在2024财年第四季度实现净营收为11.22亿美元，较上年同期下降20%[41] - 公司在2024财年第四季度亏损20.75亿美元，较上年同期亏损扩大[41] - 公司现金及现金等价物余额为3.36亿美元，较上年同期减少一半[42] - 2024财年第四季度数字喷发公司营收同比下降20%至11.22亿美元[44] - 非GAAP毛利润为5,132.5万美元，毛利率为46%[44] - 非GAAP调整后净收入为1,256.6万美元，每股收益为0.12美元[44] - 非GAAP调整后EBITDA为1,230.1万美元[45] - 非GAAP自由现金流为-1,563.7万美元[45]

Fourth Quarter Revenue Totaled $112.2 Million and Fiscal 2024 Revenue Totaled $544.5 Million Fourth Quarter GAAP Net Loss of $236.5 Million, or GAAP EPS of ($2.32), Inclusive of a Noncash Goodwill Impairment Charge of $189.5 Million; Fourth Quarter Non-GAAP Adjusted Net Income1 of $12.6 Million and Non-GAAP Adjusted EPS1 of $0.12 Fourth Quarter Non-GAAP Adjusted EBITDA2 Totaled $12.3 Million and Fiscal 2024 Non-GAAP Adjusted EBITDA2 Totaled $92.4 Million AUSTIN, Texas, May 28, 2024 /PRNewswire/ -- Digital T ...

AUSTIN, Texas, May 14, 2024 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), a global mobile platform company, announced it will host a conference call and webcast to discuss its fourth quarter and fiscal 2024 financial results and operating progress on Tuesday, May 28th, at 4:30pm ET/1:30pm PT. The call, hosted by Digital Turbine's Chief Executive Officer Bill Stone and Chief Financial Officer Barrett Garrison, can be accessed via webcast link: https://app.webinar.net/a58rLm9LDgx. The call can also be ...

DT will create Green Media Products using Scope3 data, empowering brands and agencies to run high impact mobile campaigns with a reduced carbon footprint on DT's 100% direct supply AUSTIN, Texas, April 10, 2024 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), the mobile ad platform that powers smarter advertising, today announced it is partnering with Scope3, the market leader in the mission to systemically decarbonize media and advertising, to create new Digital Turbine Green Mobile Advertising Soluti ...

Loading... Loading... The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the lat ...

ONE Store and HAPPYTUK Collaborate on Platform, Ecosystem, Operations, and Marketing Plans to Launch Local App Market in Taiwan by Year-End, Accelerating Global Market Entry ONE Store Partners with Key Players like Krafton and Digital Turbine for Global Expansion TAIPEI and SEOUL, South Korea, March 21, 2024 /PRNewswire/ -- ONE Store, Korea's second largest app market outperforming global competitors, announced that it has signed a platform and service agreement with HAPPYTUK, Taiwan's largest game publishi ...

From Delta Airlines to SHEIN, Papa John's to Aveeno, the "Brands In Games" (B.I.G.) version of the BRAG Index reveals 100+ brands with untapped advertising potential in mobile games. AUSTIN, Texas, Feb. 28, 2024 /PRNewswire/ -- Digital Turbine and Apptopia today announced the launch of the BRAG Index IV, pivoting the Index's scope to focus specifically on the "Brands in Games" (B.I.G.) opportunity. The B.I.G. BRAG Index marks a pivotal moment for brand advertisers seeking to capitalize on the explosive grow ...