NasdaqCM:APPSSoftware
Digital Turbine (APPS): Net Losses Climb 65% Annually, Undercutting Bullish Value Narratives
Digital Turbine (APPS) continues to report persistent net losses, with those losses widening at an average annual rate of 65% over the past five years. The company remains unprofitable, with no improvement in net profit margin and little evidence of stable revenue or earnings growth in recent periods. Investors are weighing the attractively low Price-To-Sales ratio of 1.6x, which is well below the peer average of 3.6x and the US Software industry average of 5.1x, against a backdrop of ongoing...