Digital Turbine - Where Is The Love?

Cobiaman
2.61K Followers

Summary

  • Digital Turbine laid out a path to $4 billion in revenue and $1 billion in EBITDA over the next 3-5 years in its inaugural Analyst Day last week.
  • This assumes 25-30% revenue growth through that period which seems reasonable given the company's track record.
  • SingleTap is supposed to grow from $100 million today to $1 billion in 12-18 months.
  • At a 25x EBITDA multiple, APPS could be a $325 stock by 2025.
Aircraft jet engine turbine

peterschreiber.media/iStock via Getty Images

Digital Turbine (NASDAQ:APPS) held its inaugural Analyst Day last week. The day focused on the potential growth for current products and the synergies expected with the recent Ad Colony, Fyber, and Appreciate acquisitions. The company also laid out its financial goals of $4 billion in

This article was written by

2.61K Followers
25 year veteran of the small-cap technology hedge fund sector.  Focused on smaller technology companies with new products and / or new management teams to drive accelerating revenue and operating profit growth.  Just opinions here, no investment advice.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of APPS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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