Digital Turbine(US:APPS)2025-06-16 21:32Financial Data and Key Metrics Changes - The company achieved revenue of $119.1 million for the fourth quarter, representing a 6% year-over-year growth [22] - Adjusted EBITDA for the fourth quarter was $20.5 million, reflecting a 66% increase year-over-year [22] - Non-GAAP earnings per share for the fourth quarter were $0.10, with a GAAP net loss of $18.8 million or $0.18 per share [26] - For the full fiscal year 2025, total revenue was $490.5 million, a decline of approximately 10% compared to the previous year [26] Business Line Data and Key Metrics Changes - The On-Device Solutions (ODS) segment revenue increased by 11% year-over-year, while the Advertising Growth Platform (AGP) segment revenue decreased by 3% year-over-year [22] - Revenue per device (RPD) in the U.S. increased by over 40% year-over-year, and internationally by over 100% year-over-year [8] Market Data and Key Metrics Changes - The company reported a positive trend in international markets, with improved execution and operational strategies leading to increased revenue per device [32][34] - The DTX revenues from non-gaming applications nearly doubled over the past year, indicating a diversification of supply [12] Company Strategy and Development Direction - The company is focused on expanding its device footprint and enhancing its product portfolio for both ODS and AGP businesses [14][15] - Strategic investments are being made in first-party data and AI machine learning platforms to drive growth and improve operational efficiencies [17][19] - The company aims to build deeper media relationships and leverage regulatory changes to enhance its market position [38][39] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, projecting revenue for fiscal year 2026 to be between $515 million and $525 million [28] - The regulatory environment is seen as favorable, with increasing interest from app publishers in the company's technologies [36][38] Other Important Information - The company extended its credit facility, which is expected to lower its cost of capital in the future [6] - Cash balance at the end of the quarter was $40.1 million, with no new borrowings reported [27] Q&A Session Summary Question: Focus on international RPD growth opportunities - Management highlighted improved execution and increased distribution footprint as key factors driving international RPD growth, with partnerships expanding in regions like Brazil and India [32][34] Question: Activity increase from app publishers due to regulatory environment - Management noted a favorable regulatory environment leading to increased interest from app publishers in their Single Tap and app install technologies, with several new licensees signed [36][38] Question: Future operating expenses outlook - Management indicated that operating expenses are expected to remain relatively flat going forward, with potential increases aligned with business growth [40]