Digital Turbine Inc
For the period ended Mar 31, 2024. Filed May 28, 2024.
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FY2024 · Filed May 28, 2024
APPS$7.25-35.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS) INCOME
(in thousands, except per share amounts)
| Year ended March 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net revenue | $544,482 | $665,920 | $747,596 |
| Costs of revenue and operating expenses | |||
| Revenue share | 262,226 | 309,247 | 370,648 |
| Other direct costs of revenue | 34,799 | 36,445 | 29,838 |
| Product development | 54,157 | 56,486 | 52,723 |
| Sales and marketing | 61,481 | 63,295 | 63,309 |
| General and administrative | 169,617 | 154,282 | 138,837 |
| Impairment of goodwill | 336,640 | — | — |
| Total costs of revenue and operating expenses | 918,920 | 619,755 | 655,355 |
| (Loss) income from operations | (374,438) | 46,165 | 92,241 |
| Interest and other (expense) income, net | |||
| Change in fair value of contingent consideration | 372 | — | (41,087) |
| Interest expense, net | (30,838) | (23,352) | (8,495) |
| Foreign exchange transaction gain (loss) | 101 | (1,026) | 2,062 |
| Other (expense) income, net | (328) | 229 | (749) |
| Total interest and other (expense) income, net | (30,693) | (24,149) | (48,269) |
| (Loss) income before income taxes | (405,131) | 22,016 | 43,972 |
| Income tax provision | 15,317 | 5,146 | 8,403 |
| Net (loss) income | (420,448) | 16,870 | 35,569 |
| Less: net (loss) income attributable to non-controlling interest | (220) | 197 | 23 |
| Net (loss) income to Digital Turbine, Inc. | (420,228) | 16,673 | 35,546 |
| Other comprehensive loss | |||
| Foreign currency translation loss | (6,271) | (2,386) | (39,395) |
| Comprehensive (loss) income | (426,719) | 14,484 | (3,826) |
| Less: comprehensive income (loss) attributable to non-controlling interest | 519 | 415 | (934) |
| Comprehensive (loss) income attributable to Digital Turbine, Inc. | $(427,238) | $14,069 | $(2,892) |
| Net (loss) income per common share | |||
| Basic | $(4.16) | $0.17 | $0.37 |
| Diluted | $(4.16) | $0.16 | $0.35 |
| Weighted-average common shares outstanding | |||
| Basic | 100,975 | 98,783 | 95,198 |
| Diluted | 100,975 | 101,816 | 102,640 |
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