DIGITAL TURBINE, INC.

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Digital Turbine, Inc. Enters into Amendment to the Credit Agreement with Bank of America, N.A

01/03/2022 | 05:29pm EDT

Digital Turbine, Inc. entered into an amended and restated Credit Agreement (the “Credit Agreement”) with Bank of America, N.A., as a lender and administrative agent, and a syndicate of lenders (“Lenders”), which provides for a revolving line of credit of $400.0 million to be used for working capital, permitted acquisitions, capital expenditures, and other lawful corporate purposes. Digital Turbine Media, Inc. and Digital Turbine USA, Inc. are additional co-borrowers under the Credit Agreement, and Mobile Posse, Inc., AdColony, Inc., and AdColony Holdings US, Inc. are guarantors. On December 29, 2021 the Loan Parties, Administrative Agent and Lenders entered into a first amendment to the Credit Agreement (the “First Amendment”), which provides for an increase in the Loan Parties’ revolving line of credit by $125,000,000, which increased the aggregate revolving line of credit to $525,000,000.


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Financials (USD)
Sales 2022 1 255 M - -
Net income 2022 33,5 M - -
Net Debt 2022 454 M - -
P/E ratio 2022 63,2x
Yield 2022 -
Capitalization 2 471 M 2 471 M -
EV / Sales 2022 2,33x
EV / Sales 2023 1,58x
Nbr of Employees 280
Free-Float 96,2%
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Digital Turbine, Inc. Technical Analysis Chart | APPS | US25400W1027 | MarketScreener
Technical analysis trends DIGITAL TURBINE, INC.
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 4
Last Close Price 25,48 $
Average target price 93,75 $
Spread / Average Target 268%
EPS Revisions
Managers and Directors
William G. Stone Chief Executive Officer & Director
Barrett Garrison Chief Financial Officer & Executive Vice President
Robert M. Deutschman Chairman
Christine Collins Chief Technology Officer
Kirstie Elizabeth Brown Executive VP-Global Finance & Operations
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