It had a run of 600%, taking the stock from $4 to $23 in *LESS THAN 5 MONTHS* https://abs.twimg.com/emoji/v2/... draggable="false" alt="🎊" title="Konfettiball" aria-label="Emoji: Konfettiball">

Can this stock keep it up and deliver on its market cap south of$2B? https://abs.twimg.com/emoji/v2/... draggable="false" alt="👀" title="Augen" aria-label="Emoji: Augen">

Or are investors in for a surprise? https://abs.twimg.com/emoji/v2/... draggable="false" alt="🎁" title="Verpacktes Geschenk" aria-label="Emoji: Verpacktes Geschenk">

Here is a thread https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">

Digital Turbine $APPS is a tech company from Austin, TX https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇺🇸" title="Flagge der Vereinigten Staaten" aria-label="Emoji: Flagge der Vereinigten Staaten"> that started in 2011 and has around 200 employees

Over 40 mobile operators https://abs.twimg.com/emoji/v2/... draggable="false" alt="☎️" title="Telefon" aria-label="Emoji: Telefon"> (e.g. Verizon, T-mobile, AT&T) and OEMs https://abs.twimg.com/emoji/v2/... draggable="false" alt="📱" title="Mobiltelefon" aria-label="Emoji: Mobiltelefon"> (Original Equipement Manufacturers such as Samsung, Xiaomi, HTC) use their services

What does it do?

CASE 1 https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts"> For mobile operators https://abs.twimg.com/emoji/v2/... draggable="false" alt="☎️" title="Telefon" aria-label="Emoji: Telefon"> and OEMs https://abs.twimg.com/emoji/v2/... draggable="false" alt="📱" title="Mobiltelefon" aria-label="Emoji: Mobiltelefon">

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔮" title="Kristallkugel" aria-label="Emoji: Kristallkugel"> Let’s say you work at Verizon and want to improve your customers& #39; UX

https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> One way to do so would be to pre-install and recommend apps that your customers might like directly on their phone

https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚙️" title="Zahnrad" aria-label="Emoji: Zahnrad"> $APPS solves that

CASE 2 https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts"> For advertisers https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚨" title="Polizeiautos mit drehendem Licht" aria-label="Emoji: Polizeiautos mit drehendem Licht">

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔮" title="Kristallkugel" aria-label="Emoji: Kristallkugel"> You are a marketing agency and want to push your client’s downloads? Or, you are a tech company (e.g. $UBER, Pandora) and want to increase app downloads?

https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> You can have your app pre-installed and recommended through $APPS

https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚙️" title="Zahnrad" aria-label="Emoji: Zahnrad"> $APPS solves that

You want to take a deeper dive?

https://abs.twimg.com/emoji/v2/... draggable="false" alt="💻" title="Computer" aria-label="Emoji: Computer"> This page will explain it all for you https://www.digitalturbine.com/mobile-delivery-platform/

https://www.digitalturbine.com/mobile-de... class="Emoji" style="height:16px;" src=" https://abs.twimg.com/emoji/v2/... draggable="false" alt="📺" title="Fernsehen" aria-label="Emoji: Fernsehen"> You want to dive really deep, check this interview with Matt Tubergen, EVP of Global Revenues https://www.youtube.com/watch?v=CK1K-sOE600">https://www.youtube.com/watch...

Here are some key figures:

https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Delivered over 3.9B app pre-loads since launch

https://abs.twimg.com/emoji/v2/... draggable="false" alt="📲" title="Mobiltelefon mit nach rechts zeigendem Pfeil auf der linken Seite" aria-label="Emoji: Mobiltelefon mit nach rechts zeigendem Pfeil auf der linken Seite"> Their software was installed on more than 43 million devices during Q1 ’20 for a total of 450 million devices to date

https://abs.twimg.com/emoji/v2/... draggable="false" alt="📟" title="Pager" aria-label="Emoji: Pager"> Growth is fuelled by news deals with Samsung, LG, Xiaomi and major telcos

How does that translate in sales?

https://abs.twimg.com/emoji/v2/... draggable="false" alt="💥" title="Symbol für eine Kollision" aria-label="Emoji: Symbol für eine Kollision"> YoY growth has reached 93% (hist. avg. at +35%) with revenues of $59m (vs $39m in prev. Q)

https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚙️" title="Zahnrad" aria-label="Emoji: Zahnrad"> Gross margin of 44% (lower than most #SaaS stocks e.g. $AYX $FSLY)

https://abs.twimg.com/emoji/v2/... draggable="false" alt="💎" title="Edelstein" aria-label="Emoji: Edelstein"> Operating margin of 18% with EBT of $10.32m (better than most #SaaS stocks)

What about their balance sheet?

https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack"> Company has $65m current assets (27% of that is cash) vs $79 m in current liabilities

https://abs.twimg.com/emoji/v2/... draggable="false" alt="💳" title="Kreditkarte" aria-label="Emoji: Kreditkarte"> Out $191m in assets, $69m are made of goodwill and $43m of intangible assets (representing “developed technology” and “customer relationships”)

https://abs.twimg.com/emoji/v2/... draggable="false" alt="💵" title="Banknote mit Dollar-Zeichen" aria-label="Emoji: Banknote mit Dollar-Zeichen"> Net debt stand at ($0.7m) and the company is CF positive at around $6m

Looking forward https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts"> The Good Side

https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Room for international expansion (most non-iPhone users are outside the US)

https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Apps are not going away anytime soon, with ASO (App Store Optimisation) becoming the new SEO

Looking forward https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts"> The Bad Side

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛑" title="Stop sign" aria-label="Emoji: Stop sign"> $APPS product line mostly serves Android device and might be at risk of new barrier from $GOOG

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛑" title="Stop sign" aria-label="Emoji: Stop sign"> Overall new smartphone sales stagnating at 1.5B units / year since 2017

Hope you liked this thread!

https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> For more content, follow us on Twitter

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