Q1 2025 Digital Turbine Inc Earnings Call Transcript
Key Points
- Digital Turbine Inc (APPS) reported sequential growth in revenue, EBITDA, and non-GAAP earnings per share for Q1 2025.
- The company achieved $118 million in revenue, $15 million in EBITDA, and $0.07 in non-GAAP EPS.
- Significant progress was made on investment activities, including the new version of Ignite and improved bidding capabilities.
- The AGP business segment grew 11% sequentially, driven by solid ECPM improvements and increased first-party data traffic.
- The company has expanded its global device relationships, including a new partnership with a large Brazilian operator with over 60 million subscribers.
- Despite sequential growth, the ODR segment revenues were down 18% from the prior year.
- The company continues to face macro trends with softer U.S. device volumes.
- Cash flow from operations was negative $1.3 million, although it improved over $10 million from the previous quarter.
- The debt balance ended the quarter at $396 million, drawn on the revolving credit facility.
- The integration of systems, including the AdColony and Fyber combination, is not yet fully complete.
Good afternoon, and welcome to the Digital Turbine 2025 first quarter results. Since will be in listen only mode. Should you need assistance, please signal conference specialist by pressing the star key followed by the today's presentation, there will be an opportunity to ask questions to ask a question. You may press star, then one, your telephone to withdraw from the question queue, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Brian Bartholomew, Senior Vice President of Capital Markets. Please go.
Thank you, Anthony. Good afternoon and welcome to the Digital Turbine Fiscal 2025 first quarter earnings conference call. Joining me on the call today to discuss our results are CEO, Bill Stone and CFO, Barrett Garrison.
Before we get started, I would like to take this opportunity to remind you that our remarks today will include forward-looking statements. These forward-looking statements are
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