Liftoff Mobile Balance Sheet Health

Financial Health criteria checks 0/6

Liftoff Mobile has a total shareholder equity of $-5.5M and total debt of $1.4B, which brings its debt-to-equity ratio to -25491.5%. Its total assets and total liabilities are $2.1B and $2.1B respectively. Liftoff Mobile's EBIT is $285.5M making its interest coverage ratio 2.1. It has cash and short-term investments of $305.4M.

Key information

-25,491.49%

Debt to equity ratio

US$1.41b

Debt

Interest coverage ratio	2.1x
Cash	US$305.40m
Equity	-US$5.53m
Total liabilities	US$2.07b
Total assets	US$2.07b

Recent financial health updates

Recent updates

New Narrative • Aug 13

Mobile Ad Shift And AI Efficiency Will Support Stronger Long Term Earnings Quality

Catalysts About Liftoff Mobile Liftoff Mobile operates an AI driven mobile advertising platform that connects app advertisers with users and helps app publishers monetize their audiences. What are the underlying business or industry changes driving this perspective?

Seeking Alpha • Jul 01

Liftoff Mobile: Advantage In Data And Access To Both Demand And Supply Side

Summary Liftoff Mobile (LFTO) is rated a buy, leveraging its dual demand-supply platform and Cortex engine to outperform the mobile ad market. LFTO’s 130% LTM net dollar retention and expansion into non-gaming verticals underpin a robust growth runway beyond industry averages. Cortex’s data loop and Adapters enable LFTO to optimize advertiser ROI and publisher yield across diverse app categories, driving customer budget shifts. Valuation assumes 28% net margin and $40/share price by FY2026, with downside risks tied to platform, privacy, and competitive dynamics. Read the full article on Seeking Alpha

Financial Position Analysis

Short Term Liabilities: LFTO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: LFTO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.

Debt to Equity History and Analysis

Debt Level: LFTO has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: LFTO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: LFTO's debt is not well covered by operating cash flow (16.8%).

Interest Coverage: LFTO's interest payments on its debt are not well covered by EBIT (2.1x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/08/16 02:20
End of Day Share Price	2026/08/14 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Liftoff Mobile, Inc. is covered by 15 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ross Sandler	Barclays
William Lampen	BTIG
Deepak Mathivanan	Cantor Fitzgerald & Co.