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It had a run of 600%, taking the stock from $4 to $23 in *LESS THAN 5 MONTHS* 
Can this stock keep it up and deliver on its market cap south of$2B?
Or are investors in for a surprise?
Here is a thread
Can this stock keep it up and deliver on its market cap south of$2B?
Or are investors in for a surprise?
Here is a thread
Digital Turbine $APPS is a tech company from Austin, TX 
that started in 2011 and has around 200 employees
Over 40 mobile operators
(e.g. Verizon, T-mobile, AT&T) and OEMs 
(Original Equipement Manufacturers such as Samsung, Xiaomi, HTC) use their services
that started in 2011 and has around 200 employeesOver 40 mobile operators
(e.g. Verizon, T-mobile, AT&T) and OEMs (Original Equipement Manufacturers such as Samsung, Xiaomi, HTC) use their services
What does it do?
CASE 1
For mobile operators and OEMs
Let’s say you work at Verizon and want to improve your customers' UX
One way to do so would be to pre-install and recommend apps that your customers might like directly on their phone
$APPS solves that
CASE 1
For mobile operators and OEMs Let’s say you work at Verizon and want to improve your customers' UX One way to do so would be to pre-install and recommend apps that your customers might like directly on their phone $APPS solves that
CASE 2 For advertisers 
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?
You can have your app pre-installed and recommended through $APPS
$APPS solves that
For advertisers 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? You can have your app pre-installed and recommended through $APPS $APPS solves that
You want to take a deeper dive?
This page will explain it all for you https://www.digitalturbine.com/mobile-delivery-platform/
You want to dive really deep, check this interview with Matt Tubergen, EVP of Global Revenues
This page will explain it all for you https://www.digitalturbine.com/mobile-delivery-platform/ You want to dive really deep, check this interview with Matt Tubergen, EVP of Global Revenues
Here are some key figures:
Delivered over 3.9B app pre-loads since launch
Their software was installed on more than 43 million devices during Q1 ’20 for a total of 450 million devices to date
Growth is fuelled by news deals with Samsung, LG, Xiaomi and major telcos
Delivered over 3.9B app pre-loads since launch Their software was installed on more than 43 million devices during Q1 ’20 for a total of 450 million devices to date Growth is fuelled by news deals with Samsung, LG, Xiaomi and major telcos
How does that translate in sales?
YoY growth has reached 93% (hist. avg. at +35%) with revenues of $59m (vs $39m in prev. Q)
Gross margin of 44% (lower than most #SaaS stocks e.g. $AYX $FSLY)
Operating margin of 18% with EBT of $10.32m (better than most #SaaS stocks)
YoY growth has reached 93% (hist. avg. at +35%) with revenues of $59m (vs $39m in prev. Q) Gross margin of 44% (lower than most #SaaS stocks e.g. $AYX $FSLY) Operating margin of 18% with EBT of $10.32m (better than most #SaaS stocks)
What about their balance sheet?
Company has $65m current assets (27% of that is cash) vs $79 m in current liabilities
Out $191m in assets, $69m are made of goodwill and $43m of intangible assets (representing “developed technology” and “customer relationships”)
Company has $65m current assets (27% of that is cash) vs $79 m in current liabilities Out $191m in assets, $69m are made of goodwill and $43m of intangible assets (representing “developed technology” and “customer relationships”)
Net debt stand at ($0.7m) and the company is CF positive at around $6m
Looking forward The Good Side
Room for international expansion (most non-iPhone users are outside the US)
Apps are not going away anytime soon, with ASO (App Store Optimisation) becoming the new SEO
The Good Side Room for international expansion (most non-iPhone users are outside the US) Apps are not going away anytime soon, with ASO (App Store Optimisation) becoming the new SEO
Looking forward The Bad Side
$APPS product line mostly serves Android device and might be at risk of new barrier from $GOOG
Overall new smartphone sales stagnating at 1.5B units / year since 2017
The Bad Side $APPS product line mostly serves Android device and might be at risk of new barrier from $GOOG Overall new smartphone sales stagnating at 1.5B units / year since 2017
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@traderstewie
@7AustinL
@Magyar4Steven
