Professional
Added to YB: 2020-04-01
Pitch date: 2020-04-01
APPS [bullish]
Digital Turbine, Inc.
+24.87%
current return
Author Info
Greenhaven Road is a boutique hedge fund with the patience and confidence to step outside of the norm. Visit their website.
Company Info
Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs).
Market Cap
$246.8M
Pitch Price
$3.94
Price Target
N/A
Dividend
N/A
EV/EBITDA
19.38
P/E
-0.78
EV/Sales
1.30
Sector
Software
Category
growth
Greenhaven Road Top 5 Holding - Digital Turbine (APPS)
APPS: Digital Turbine installs apps on new Android phones, sells slots to Uber, etc. Covid hit activations but rev/device may rise as users open more apps. Mobile Posse deal adds $50M rev, $10M EBITDA, synergies + Sprint upside. Trades 2x FY21 rev, 6x EBITDA for 35%+ growth biz.
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