Event-Driven Stocks

Digital Turbine, Inc.

APPSNasdaq

Financials · Patent Owners & Lessors · DE · SEC filings ↗ · Compare ⊕

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Signs4 good2 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY26FY25FY24FY23FY22FY21
Revenue$565.3M$490.5M$544.5M$665.9M$747.6M$313.6M
Operating income$34.0M−$54.1M−$374.4M$46.2M$92.2M$59.2M
Net income−$37.7M−$92.1M−$420.2M$16.7M$35.5M$54.9M
Total assets$841.7M$812.9M$865.5M$1.27B$1.46B$260.4M
Total liabilities$649.5M$658.9M$651.6M$659.3M$942.3M$115.3M
Equity$192.2M$154.0M$213.9M$605.2M$514.6M$145.1M
EPS (diluted)$-0.33$-0.89$-4.16$0.16$0.35$0.57
Shares out.120.7M107.0M102.5M100.0M98.4M93.3M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2026
Operating margin
6.0%
Net margin
−6.7%
Return on equity
−19.6%
Return on assets
−4.5%
Return on capital (ROCE)
5.9%
Liabilities / assets
77.2%
Debt / equity
3.38×
Book value / share
$1.59
Revenue growth (YoY)
15.2%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2026
Altman Z″ (distress)
-1.89distress
Accruals / assets
9.5%clean
Beneish M-Score
-2.62normal
Piotroski F-Score
7/9strong

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
65
/ 100
Profitability 40Growth 100Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

2 severe2 warning4 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Reported a net loss
  • High leverage (liabilities > 70% of assets)
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202612.1M6.3-7.6%
Apr 30, 202613.1M6.2+0.6%
Apr 15, 202613.0M6.9-8.8%
Mar 31, 202614.3M5.6+9.0%
Mar 13, 202613.1M7.0-3.0%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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