Digital Turbine Inc. Stock
€1.75
Your prediction
Digital Turbine Inc. Stock
Pros and Cons of Digital Turbine Inc. in the next few years
Pros
Cons
Performance of Digital Turbine Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Digital Turbine Inc. | -2.010% | -6.086% | -31.365% | -84.353% | -72.009% | -97.151% | - |
| Netsol Technologies | 1.650% | -1.600% | -9.559% | 13.889% | 24.873% | -32.418% | -57.601% |
| Asure Software | -2.270% | -6.522% | -14.000% | -57.566% | -24.118% | 0.000% | 4.403% |
| Mitek Systems Inc. | 1.070% | -17.690% | 0.178% | 35.093% | -5.059% | -14.046% | 5.037% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon first glance, the financials of Digital Turbine, a company operating in the Software & IT Services industry, demonstrate a stable growth pattern with some aspects deserving further investigation. With increasing total assets, gross profit, and revenues each year, the company appears to be on an upward trajectory. However, a comprehensive evaluation of their financial statements is necessary to accurately assess their overall financial health and future prospects.
Growing Total Assets and Equity: Between 2020 and 2022, Digital Turbine's total assets increased from $184 million to $1,458.5 million, and the total stockholder equity grew from $77.5 million to $514.6 million. This indicates a strong financial foundation and potential for future expansion.
Increasing Gross Profit and Revenue: The company's gross profit and total revenue have consistently shown growth over the past three years. In 2020, the gross profit stood at $53.7 million, which increased to $132.6 million in 2021 and then to $347.1 million in 2022. Similarly, total revenue rose from $138.7 million in 2020, to $313.6 million in 2021, and reached $747.6 million in 2022. This growth demonstrates the company's strong market presence and performance.
