Digital Turbine, Inc. (APPS)
Digital Turbine, Inc. is a company that delivers a robust mobile growth ecosystem for a diverse set of clients, including advertisers, content creators, mobile network operators, and device manufacturers. Its business operations are structured into three main divisions: On Device Media, In App Media – AdColony, and In App Media – Fyber. The company provides an application distribution platform that efficiently delivers mobile applications to a wide array of publishers, carriers, original equipment manufacturers, and end-user devices. Moreover, it manages a content media platform offering up-to-date news, weather forecasts, sports information, and various other content, alongside programmatic advertising and both sponsored and editorially produced media. Digital Turbine also furnishes an extensive, end-to-end platform enabling brands, marketing agencies, publishers, and application developers to effectively reach consumers with advertisements on their mobile devices. Additionally, it offers a specialized platform designed to help mobile app developers and digital publishers monetize their digital content through display, native, and video advertising formats. With its corporate headquarters situated in Austin, Texas, the company boasts a broad international presence, operating across the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific region (including China), Mexico, Central America, and South America.
Sector: Patent Owners & Lessors
Industry: Software - Application
Digital Turbine, Inc.
NASDAQ:APPSTechnology · Software - Application
PrePre-market+0.55%$10.44
Close$10.38+1.05%AH$10.49-0.49%Now$10.44
Close$10.38+7.34%AH$10.49-0.49%since
Mkt Cap$1.26B
Float107.37M
O/S121.72M
PM VOL922 sh
$ Vol≈$10K
RVOL0.77×
Inst Own64.2%
SI10.8%
Dilution
Financials Summary
Revenue$565.25M
Net Income-$37.73M
Total Assets$841.65M
Free Cash Flow$11.19M
Debt & Equity
Debt 66%
Equity 34%
Preferred 0%
Total Debt$368.86M
Total Equity$192.16M
Preferred Stock$100K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in APPS's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$841.65M
Liabilities$649.49M
Accounts Receivable$251.24M
Accounts Payable$132.81M
Inventory$0
PP&E (Net)$49.11M
Goodwill$223.05M
Intangible Assets$217.45M
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Revenue | $565.25M | $490.51M | $544.48M | $665.92M | $747.6M | $747.6M | $138.72M | $103.57M | $74.75M | $91.55M | $86.54M | $28.25M | $24.4M | $6.03M | $7.23M | $9.19M | $14.04M | $31.26M | $3.2M | $0 | $0 | $3.75M | $4.01M |
| YoY Growth | 15.2% | -9.9% | -18.2% | -10.9% | 0.0% | 438.9% | 33.9% | 38.6% | -18.4% | 5.8% | 206.3% | 15.8% | 305.0% | -16.7% | -21.3% | -34.6% | -55.1% | 876.8% | - | - | - | -6.6% | - |
| Cost of Revenue | $290.61M | $269.83M | $297.02M | $345.69M | $400.49M | $400.49M | $85.04M | $68M | $49.7M | $78.19M | $76.72M | $22.12M | $16.56M | $2.61M | $2.87M | $3.21M | $3.19M | $11.15M | -$200K | $0 | $0 | $584K | $844K |
| Gross Profit | $274.64M | $220.68M | $247.46M | $320.23M | $347.11M | $347.11M | $53.67M | $35.56M | $25.05M | $13.36M | $9.82M | $6.13M | $7.85M | $3.41M | $4.36M | $5.98M | $10.85M | $20.11M | $3.4M | $0 | $0 | $3.17M | $3.17M |
| Gross Margin | 48.6% | 45.0% | 45.4% | 48.1% | 46.4% | 46.4% | 38.7% | 34.3% | 33.5% | 14.6% | 11.3% | 21.7% | 32.2% | 56.7% | 60.3% | 65.1% | 77.3% | 64.3% | 106.3% | - | - | 84.4% | 79.0% |
| Research and Development | $40.48M | $39.46M | $54.16M | $56.49M | $52.72M | $52.72M | $12.02M | $11.15M | $9.65M | $12.04M | $10.98M | $7.91M | $7.87M | $1.71M | $2.15M | $3.53M | $4.19M | $6.98M | $900K | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $200.12M | $235.29M | $231.1M | $217.58M | $202.15M | $202.15M | $28.44M | $20.97M | $21.21M | $23.35M | $24.77M | $21.96M | $15.35M | $12.96M | $13.89M | $7.84M | $10.16M | $19.57M | $2.52M | $553K | $171K | $2.55M | $2.12M |
| Other | $0 | $0 | $336.64M | $0 | $0 | $0 | $0 | $153K | -$72K | -$1K | $0 | $46K | $0 | -$83K | $0 | $0 | $35.79M | $21.26M | $100K | $0 | $0 | -$96K | $420K |
| Total Operating Expenses | $240.6M | $274.75M | $621.89M | $274.06M | $254.87M | $254.87M | $40.46M | $32.12M | $30.86M | $35.38M | $35.76M | $29.87M | $23.22M | $14.68M | $16.04M | $11.42M | $14.9M | $27.18M | $2.52M | $553K | $171K | $2.45M | $2.54M |
| Operating Income (EBIT) | $34.04M | -$54.08M | -$374.44M | $46.16M | $92.24M | $92.24M | $13.21M | $3.44M | -$5.81M | -$22.02M | -$25.94M | -$23.74M | -$15.52M | -$12.38M | -$16.97M | -$11.47M | -$42.48M | -$38.86M | -$2.52M | -$553K | -$171K | $126K | $629K |
| Operating Margin | 6.0% | -11.0% | -68.8% | 6.9% | 12.3% | 12.3% | 9.5% | 3.3% | -7.8% | -24.1% | -30.0% | -84.0% | -63.6% | -205.5% | -234.7% | -124.9% | -302.6% | -124.3% | -78.8% | - | - | 3.4% | 15.7% |
| Interest Expense | $58.58M | $34.78M | $0 | $23.35M | $8.49M | $1M | $0 | $1.12M | $2.07M | $2.63M | $1.72M | $234K | $1.41M | $1.14M | $12.5M | $1.76M | $3.06M | $2.26M | $1.24M | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $41K | $0 | $0 | $3K | $0 | $0 | $0 | $0 | $0 | $2K | $9K | $147K | $388K | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$65.38M | -$33.79M | -$30.69M | -$24.15M | -$48.27M | -$48.27M | -$9.31M | -$7.28M | -$14.84M | -$2.31M | -$1.88M | -$163K | -$1.95M | -$3.04M | -$13.63M | -$2.71M | -$1.4M | -$2.7M | $2.22M | $0 | $0 | -$675K | $0 |
| Income Before Tax (EBT) | -$31.34M | -$87.86M | -$405.13M | $22.02M | $43.97M | $43.97M | $3.9M | -$3.83M | -$20.65M | -$24.41M | -$27.82M | -$23.9M | -$17.47M | -$14.07M | -$30.6M | -$14.18M | -$43.88M | -$41.56M | -$300K | -$553K | $0 | -$462K | -$32K |
| Income Tax Expense | $6.39M | $4.24M | $15.32M | $5.15M | $8.4M | $8.4M | -$10.38M | $469K | -$951K | -$144K | $214K | $747K | -$272K | $90K | $110K | $224K | $305K | -$111K | $1.65M | $0 | $171K | $42K | -$661K |
| Net Income | -$37.73M | -$92.1M | -$420.23M | $16.67M | $35.55M | $35.55M | $13.9M | -$6.01M | -$52.86M | -$24.26M | -$28.03M | -$24.65M | -$18.7M | -$14.16M | -$30.71M | -$9.38M | -$42.48M | -$41.6M | -$2.2M | -$553K | -$171K | -$504K | $128K |
| Net Income Margin | -6.7% | -18.8% | -77.2% | 2.5% | 4.8% | 4.8% | 10.0% | -5.8% | -70.7% | -26.5% | -32.4% | -87.2% | -76.6% | -235.0% | -424.7% | -102.2% | -302.7% | -133.1% | -68.9% | - | - | -13.4% | 3.2% |
| Supplementary Data | |||||||||||||||||||||||
| EPS | -0.33 | -0.89 | -4.16 | 0.17 | 0.37 | 0.37 | 0.17 | -0.08 | -0.75 | -0.36 | -0.45 | -0.63 | -0.50 | -0.81 | -2.00 | -1.25 | -5.33 | -5.74 | -0.58 | -0.24 | -0.09 | -0.20 | 0.08 |
| Diluted EPS | -0.33 | -0.89 | -4.16 | 0.16 | 0.35 | 0.35 | 0.16 | -0.08 | -0.75 | -0.36 | -0.45 | -0.63 | -0.50 | -0.77 | -2.00 | -1.25 | -5.33 | -5.74 | -0.58 | -0.24 | -0.09 | -0.20 | 0.02 |
| Weighted Average OS | 112.92M | 103.75M | 100.97M | 98.78M | 95.20M | 95.20M | 84.59M | 77.44M | 70.26M | 66.51M | 61.76M | 38.97M | 37.39M | 17.58M | 15.32M | 7.53M | 7.97M | 7.25M | 3.80M | 2.32M | 2.00M | 2.46M | 1.76M |
| EBITDA | $40.11M | $29.83M | $46.06M | $103.09M | $101.42M | $99.36M | $15.55M | $6.21M | -$3.15M | -$14.05M | -$14.69M | -$21.56M | -$14.21M | -$10.73M | -$17.67M | -$11.79M | -$39.21M | -$39.87M | $1.12M | -$553K | -$171K | $505K | $1.04M |
| EBITDA Margin | 7.1% | 6.1% | 8.5% | 15.5% | 13.6% | 13.3% | 11.2% | 6.0% | -4.2% | -15.3% | -17.0% | -76.3% | -58.2% | -178.1% | -244.4% | -128.3% | -279.3% | -127.5% | 35.1% | - | - | 13.5% | 25.9% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Assets | |||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||
| Cash and Cash Equivalents | $37.96M | $40.08M | $33.6M | $75.56M | $127.16M | $31.12M | $21.66M | $11.06M | $13.05M | $6.48M | $11.23M | $7.27M | $21.8M | $1.15M | $8.8M | $845K | $640K | $3.34M | $10.94M | $5.74M | $10K | $386K | $146K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $37.96M | $40.08M | $33.6M | $75.56M | $127.16M | $31.12M | $21.66M | $11.06M | $13.05M | $6.48M | $11.23M | $7.27M | $21.8M | $1.15M | $8.8M | $845K | $640K | $3.34M | $10.94M | $5.74M | $10K | $386K | $146K |
| Accounts Receivable | $251.24M | $190.06M | $191.01M | $178.19M | $263.14M | $61.98M | $33.13M | $22.71M | $17.05M | $10.66M | $17.52M | $12.17M | $5.1M | $1.47M | $1.19M | $2.7M | $4.71M | $5.96M | $6.16M | $0 | $0 | $492K | $587K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $16.61M | $5.71M | $10.02M | $12.32M | $20.57M | $4.28M | $3.65M | $3.36M | $9.65M | $6.52M | $796K | $749K | $550K | $806K | $120K | $0 | $7.38M | $7.63M | $0 | $0 | $0 | $9K | $288K |
| Total Current Assets | $311.87M | $242.78M | $242.34M | $266.07M | $410.87M | $97.39M | $58.45M | $37.12M | $39.76M | $23.66M | $29.55M | $20.19M | $27.48M | $3.99M | $10.11M | $3.84M | $13.21M | $18.01M | $17.63M | $5.74M | $10K | $887K | $1.02M |
| Long-Term Assets | |||||||||||||||||||||||
| Property, Plant & Equipment Net | $49.11M | $56.89M | $54.91M | $49.4M | $46.52M | $16.55M | $12.42M | $3.43M | $2.76M | $2.01M | $1.78M | $614K | $465K | $51K | $230K | $388K | $603K | $862K | $1.04M | $0 | $0 | $29K | $9K |
| Goodwill | $223.05M | $221.74M | $220.07M | $561.58M | $559.79M | $80.18M | $69.26M | $42.27M | $42.27M | $42.27M | $76.62M | $76.75M | $4.84M | $3.59M | $3.64M | $6.61M | $8.15M | $40.85M | $61.38M | $0 | $0 | $0 | $0 |
| Intangible Assets | $217.45M | $257.7M | $313.5M | $379.63M | $440.59M | $53.3M | $43.88M | $0 | $1.23M | $2.65M | $12.49M | $24.94M | $9.07M | $4.76M | $817K | $3.37M | $8.2M | $14.88M | $19.78M | $0 | $0 | $187K | $149K |
| Long-Term Investments | $0 | $27.59M | $17.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $999K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $12.96M | $0 | $40K | $596K | $352K | $500K | $0 | $3.24M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $39.51M | $6.15M | $17.08M | $9.88M | $732K | $0 | $0 | $0 | $0 | $36.64M | $0 | $0 | $0 | $97K | $0 | $0 | $16.62M | $16.59M | $301K | $0 | $0 | $35K | $300K |
| Total Long-Term Assets | $529.13M | $570.08M | $623.2M | $1B | $1.05B | $162.98M | $125.56M | $45.74M | $46.85M | $83.92M | $92.39M | $102.3M | $17.61M | $8.49M | $4.69M | $10.36M | $33.58M | $73.18M | $82.5M | $0 | $0 | $251K | $458K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $841.65M | $812.85M | $865.54M | $1.27B | $1.46B | $260.37M | $184.01M | $82.86M | $86.61M | $107.58M | $121.94M | $122.57M | $45.09M | $12.48M | $14.8M | $14.2M | $46.78M | $91.19M | $100.12M | $5.74M | $10K | $1.14M | $1.48M |
| Liabilities | |||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||
| Accounts Payable | $132.81M | $139.94M | $159.2M | $119.34M | $167.86M | $34.95M | $31.58M | $14.91M | $19.89M | $11.79M | $15.3M | $8.12M | $2.94M | $3.78M | $3.05M | $3.81M | $4.01M | $5.34M | $2.4M | $99K | $0 | $159K | $841K |
| Short-Term Debt | $7.03M | $3.39M | $0 | $3.96M | $17.04M | $16.05M | $2.58M | $0 | $1.45M | $0 | $10.43M | $3.6M | $0 | $3.78M | $75K | $273K | $26.08M | $23.3M | $248K | $0 | $50K | $3.84M | $3.29M |
| Current Income Tax Payable | $0 | $15.02M | $14.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $282K | $265K |
| Other Current Liabilities | $93.59M | $56.67M | $55.24M | $86.64M | $171.59M | $50.33M | $44.34M | $20.95M | $22.1M | $18.47M | $11.77M | $9.83M | $5.57M | $1.41M | $2.31M | $1.85M | $6.26M | $10.12M | $2.09M | $0 | $0 | $1.71M | $87K |
| Total Current Liabilities | $268.3M | $222.53M | $236.02M | $220.92M | $385.26M | $111.15M | $82.81M | $38.31M | $46.41M | $30.77M | $38.85M | $23.95M | $11.91M | $9.65M | $6.02M | $7.12M | $38.71M | $42.14M | $9.26M | $99K | $96K | $441K | $5.54M |
| Long-Term Liabilities | |||||||||||||||||||||||
| Long-Term Debt | $353.93M | $408.69M | $383.49M | $410.52M | $520.78M | $0 | $18.5M | $0 | $8.55M | $12.9M | $0 | $7.09M | $0 | $1.25M | $3.08M | $4.46M | $0 | $0 | $16.48M | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $15.82M | $16.31M | $20.42M | $13.94M | $19.98M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $6.67M | $5.26M | $5.46M | $7.32M | $16.27M | $4.11M | $5.24M | $8.2M | $3.98M | $1.86M | $815K | $0 | $238K | $841K | $0 | $0 | $0 | $27K | $1.34M | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $381.19M | $436.37M | $415.58M | $438.38M | $557.03M | $4.11M | $23.75M | $8.2M | $12.53M | $14.76M | $815K | $7.09M | $238K | $2.09M | $3.08M | $4.46M | $0 | $27K | $17.82M | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $649.49M | $658.9M | $651.61M | $659.3M | $942.29M | $115.26M | $106.56M | $46.5M | $58.94M | $45.53M | $39.67M | $31.04M | $12.14M | $11.75M | $9.1M | $11.59M | $38.71M | $42.17M | $27.07M | $99K | $96K | $5.7M | $5.54M |
| Stockholders' Equity | |||||||||||||||||||||||
| Preferred Stock | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $0 | $0 | $0 |
| Common Stock | $10K | $10K | $10K | $10K | $10K | $10K | $10K | $10K | $10K | $8K | $8K | $7K | $7K | $7K | $7K | $4K | $4K | $4K | $3K | $2K | $400 | $0 | $4K |
| Retained Earnings | -$725.17M | -$687.44M | -$595.34M | -$175.12M | -$191.79M | -$227.33M | -$282.22M | -$296.12M | -$290.11M | -$237.25M | -$212.99M | -$184.96M | -$160.31M | -$141.6M | -$127.44M | -$96.74M | -$87.35M | -$44.87M | -$3.27M | -$767K | -$187K | -$161.89M | -$161.38M |
| Comprehensive Income & Other | -$51.77M | -$51.3M | -$48.95M | -$41.95M | -$39.34M | -$903K | -$591K | -$356K | -$325K | -$321K | -$202K | -$52K | -$199K | -$266K | -$194K | -$291K | -$419K | -$129K | $61K | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $917.33M | $841.39M | $809.26M | $780.3M | $706.35M | $372.44M | $359.66M | $332.47M | $317.77M | $299.29M | $295.25M | $276.48M | $193.25M | $142.33M | $133.13M | $99.35M | $95.42M | $93.89M | $76.31M | $6.41M | $100K | $157.32M | $157.32M |
| Total Equity | $192.16M | $153.96M | $213.93M | $605.2M | $514.57M | $145.11M | $77.45M | $36.36M | $27.67M | $62.05M | $82.27M | $91.53M | $32.95M | $737K | $5.7M | $2.62M | $8.07M | $49.02M | $73.05M | $5.64M | -$87K | -$4.56M | -$4.06M |
| Minority Interest | $0 | $0 | $0 | $2.06M | $1.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $841.65M | $812.85M | $865.54M | $1.26B | $1.46B | $260.37M | $184.01M | $82.86M | $86.61M | $107.58M | $121.94M | $122.57M | $45.09M | $12.48M | $14.8M | $14.2M | $46.78M | $91.19M | $100.12M | $5.74M | $10K | $1.14M | $1.48M |
| Supplementary Data | |||||||||||||||||||||||
| Total Debt | $368.86M | $418.19M | $389.7M | $421.08M | $537.82M | $16.05M | $21.08M | $0 | $9.99M | $12.9M | $10.43M | $10.69M | $0 | $5.05M | $3.15M | $4.73M | $26.08M | $23.3M | $16.73M | $0 | $50K | $3.84M | $3.29M |
| Net Debt | $330.9M | $378.1M | $356.1M | $345.52M | $410.66M | -$15.07M | -$576K | -$11.06M | -$3.06M | $6.42M | -$799K | $3.42M | -$21.8M | $3.9M | -$5.65M | $3.89M | $25.44M | $19.96M | $5.79M | -$5.74M | $40K | $3.45M | $3.14M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Operating Activities | |||||||||||||||||||||||
| Net Income | -$37.73M | -$92.1M | -$92.1M | -$420.45M | $16.87M | $54.88M | $14.28M | -$4.3M | -$19.7M | -$19.14M | -$24.49M | -$24.65M | -$18.7M | -$14.16M | -$30.71M | -$9.38M | -$42.48M | -$41.6M | -$2.2M | -$553K | -$171K | -$504K | -$32K |
| Depreciation & Amortization | $71.45M | $82.91M | $83.86M | $81.07M | $57.45M | $7.11M | $2.34M | $2.77M | $2.66M | $2.61M | $7.87M | $2.11M | $1.86M | $646K | $429K | $638K | $1.61M | $1.52M | $1.01M | $0 | $0 | $406K | $1.07M |
| Deferred Income Tax | -$654K | -$4.05M | -$4.05M | $6.9M | -$6.04M | -$12.95M | $40K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $16.36M | $33.54M | $33.54M | $33.76M | $30.4M | $0 | $3.35M | $2.53M | $2.98M | $3.76M | $5.96M | $6.34M | $4.69M | $3.57M | $7.3M | $2.38M | $1.69M | $2.96M | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||
| Accounts Receivable | -$70.19M | $2.25M | $2.25M | -$23.61M | $95.8M | -$25.38M | -$2.43M | -$6.04M | -$7.07M | -$3.88M | -$5.1M | -$406K | -$734K | -$260K | $1.52M | $3.3M | $38K | $4.49M | $0 | $0 | $0 | $0 | -$6K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$7.18M | -$19.34M | -$19.34M | $40.19M | -$48.83M | -$1.9M | $16.17M | -$4.98M | $8.11M | $4.43M | $3.38M | -$379K | -$893K | $513K | $637K | -$497K | -$3.85M | -$3.13M | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $39.01M | $1.89M | $1.89M | -$34.48M | -$64.7M | $33.37M | -$9.67M | $7.89M | $6.74M | -$722K | $38K | $2.37M | $2.37M | -$369K | -$203K | -$855K | $730K | -$1.38M | $349K | $24K | $74K | -$166K | -$904K |
| Total Working Capital Change | -$38.37M | -$15.2M | -$15.2M | -$17.9M | -$17.73M | $6.1M | $4.07M | -$3.14M | $7.78M | -$170K | -$1.68M | $1.59M | $746K | -$116K | $1.96M | $1.95M | -$3.08M | -$23K | $349K | $24K | $74K | -$166K | -$910K |
| Other Non-Cash Items | $30.75M | $6.78M | $5.84M | $345.29M | $32.42M | $7.65M | $7.29M | $3.41M | $13.25M | $6.28M | $5.27M | $111K | $3.6M | $3.2M | $19.19M | $2.51M | $38.79M | $31.79M | $24K | $111K | $0 | $603K | -$300K |
| Net Cash from Operating | $41.8M | $11.88M | $11.88M | $28.68M | $113.38M | $62.8M | $31.38M | $1.27M | $6.97M | -$6.66M | -$7.07M | -$14.5M | -$7.81M | -$6.87M | -$1.83M | -$1.91M | -$3.47M | -$5.36M | -$820K | -$418K | -$97K | $339K | -$171K |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditures | -$30.62M | -$27.48M | -$27.48M | -$24.28M | -$23.86M | -$9.2M | -$4.84M | -$2.31M | -$1.99M | -$1.42M | -$1.55M | -$67K | -$207K | -$12K | -$17K | -$88K | -$433K | -$219K | $0 | $0 | $0 | -$199K | -$12K |
| Acquisitions | $0 | $0 | $0 | -$19.57M | -$11.21M | -$28.6M | -$41.87M | $0 | $0 | $0 | $0 | $1.36M | -$774K | -$3.36M | $0 | -$906K | $0 | -$2.75M | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $999K | $875K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$142K | -$177K | $0 | -$2.17M | $0 | $0 | $0 | -$641K | $0 | -$802K | -$141K | $0 | $0 | $0 | -$339K |
| Net Cash from Investing | -$30.62M | -$27.48M | -$27.48M | -$43.85M | -$35.06M | -$37.81M | -$46.72M | -$2.31M | -$2.13M | -$596K | -$674K | -$878K | -$981K | -$3.37M | -$17K | -$1.64M | -$433K | -$3.77M | -$141K | $0 | $0 | -$199K | -$351K |
| Financing Activities | |||||||||||||||||||||||
| Debt Repaid | $47.31M | -$25M | -$25M | $27.13M | $123.5M | $5.47M | -$20M | $1.65M | $1.1M | -$5M | $600K | - | $3.66M | - | -$7M | -$2.5M | - | - | - | - | - | - | - |
| Common Stock Issuance | $59.12M | $0 | $0 | $0 | $0 | $7.21M | $0 | $0 | $0 | $0 | $0 | $0 | $33.3M | $2.55M | $2.7M | $0 | $0 | $4.35M | $2.47M | $6.16M | $0 | $0 | $0 |
| Common Stock Repurchases | -$873K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$21.81M | -$1.72M | -$1.72M | -$2.17M | -$4.79M | -$16.96M | $6.17M | $734K | $341K | -$2.37M | $51K | $511K | $0 | $0 | $0 | $0 | $0 | -$54K | $0 | $0 | $100K | $0 | $0 |
| Net Cash from Financing | -$10.86M | $23.28M | $23.28M | -$29.3M | -$128.29M | -$15.22M | $26.18M | -$916K | $1.74M | $2.63M | $12.08M | $511K | $29.64M | $2.55M | $9.7M | $2.5M | $0 | $4.3M | $2.47M | $6.16M | $100K | $100K | $225K |
| Forex Effect | -$2.45M | -$1.21M | -$1.21M | $2.52M | -$1.63M | -$312K | -$235K | -$31K | -$4K | -$119K | -$173K | $131K | -$196K | $34K | $100K | -$2K | -$133K | -$176K | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$2.12M | $6.48M | $6.48M | -$41.95M | -$51.6M | $9.46M | $10.6M | -$1.99M | $6.57M | -$4.75M | $4.16M | -$14.74M | $20.66M | -$7.65M | $7.95M | -$1.05M | -$4.04M | -$5.01M | $1.51M | $5.74M | $3K | $240K | -$297K |
| Supplementary Data | |||||||||||||||||||||||
| Operating Cash Flow | $41.8M | $11.88M | $11.88M | $28.68M | $113.38M | $62.8M | $31.38M | $1.27M | $6.97M | -$6.66M | -$7.07M | -$14.5M | -$7.81M | -$6.87M | -$1.83M | -$1.91M | -$3.47M | -$5.36M | -$820K | -$418K | -$97K | $339K | -$171K |
| Capital Expenditure | -$30.62M | -$27.48M | -$27.48M | -$24.28M | -$23.86M | -$9.2M | -$4.84M | -$2.31M | -$1.99M | -$1.42M | -$1.55M | -$67K | -$207K | -$12K | -$17K | -$88K | -$433K | -$219K | $0 | $0 | $0 | -$199K | -$12K |
| Free Cash Flow | $11.19M | -$15.6M | -$15.6M | $4.4M | $89.52M | $53.59M | $26.53M | -$1.04M | $4.97M | -$8.08M | -$8.62M | -$14.57M | -$8.01M | -$6.88M | -$1.85M | -$2M | -$3.9M | -$5.58M | -$820K | -$418K | -$97K | $140K | -$183K |
| Cash at Beginning | $40.08M | $33.6M | $33.6M | $75.56M | $127.16M | $21.66M | $11.06M | $13.05M | $6.48M | $11.23M | $7.07M | $21.8M | $1.15M | $8.8M | $845K | $1.89M | $5.93M | $10.94M | $5.74M | $3K | $0 | $146K | -$18K |
| Cash at End | $37.96M | $40.08M | $40.08M | $33.6M | $75.56M | $31.12M | $21.66M | $11.06M | $13.05M | $6.48M | $11.23M | $7.07M | $21.8M | $1.15M | $8.8M | $845K | $1.89M | $5.93M | $7.25M | $5.74M | $3K | $386K | -$315K |