Digital Turbine, Inc. — Earnings Quality Grade F
APPS · Technology
Major red flags
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 80 days, change -12 days YoY
AR growth -21.8% vs revenue growth -9.9%
Revenue -9.9%, CFFO -58.6%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 13.2% vs revenue -9.9%. Normal
SG&A/Gross Profit = 106.6%, exceeds 70%
Gross margin 45.0%, change -0.5pp. Stable
Cash Flow Quality
CFFO/NI = -0.13. Below 1.0
FCF is negative ($-0.0B)
Accruals ratio = -12.8%. Low accruals
Cash $0.0B covers only 10% of debt $0.4B
Balance Sheet Health
Goodwill+Intangibles $0.5B = 311% of equity. Over 50%
Debt/EBITDA = 14.5x (>4x). Financial stress
Other assets -2.8% vs revenue -9.9%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -10% YoY. Normal
Manipulation Score
M-Score = -3.35 (< -2.22). Unlikely manipulator
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Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25