Added to YB: 2025-12-18
Pitch date: 2025-10-14
DGII [bullish]
Digi International Inc.
+17.76%
current return
Author Info
No bio for this author
Company Info
Digi International Inc. provides business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally.
Market Cap
$1.7B
Pitch Price
$36.99
Price Target
N/A
Dividend
N/A
EV/EBITDA
18.85
P/E
41.84
EV/Sales
4.26
Sector
Communications Equipment
Category
growth
Riverwater Partners Small Cap Strategy New Position: Digi International Inc.
DGII (new position): IoT connectivity provider shifting from product sales to subscriptions. Recurring revenue grew from 4% to 27% of total (2019-2025), driving 800bp margin expansion. Benefits from multi-year IoT expansion & digital transformation. AI edge applications next growth driver. Improving FCF generation expected.
Read full article (1 min)